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Ovintiv reports Q3 EPS $4.63, consensus $1.97

Reports Q3 net earnings $1.19B after-tax. "Our strong results in the Q3 highlight our continued execution across the business and demonstrate that our strategy continues to generate superior returns and substantial free cash flow," said Ovintiv President and CEO, Brendan McCracken. "We have now bought back more than 5% of our shares outstanding and the combination of our strong portfolio, leading capital efficiency, and disciplined capital allocation is set to see us deliver durable cash returns that are higher than our E&P peers and the broader S&P 500."

Published first on TheFly

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