财务数据和关键指标变化 - 公司第二季度实现每股收益1.34美元,每股现金流2.79美元,超出市场预期 [15] - 公司运营费用、运输和加工费用以及生产、矿物和其他税费的合计表现优于指引中值 [16] - 运营费用还受益于2300万美元的前期成本回收 [16] - 公司发行债券以支付部分收购Permian资产的资金,资本结构良好,维持投资级评级 [17] - 第二季度末公司杠杆率为1.7倍,包括收购债务但仅包括19天的EBITDA [18] - 公司目标中期杠杆率为1倍或约40亿美元总债务 [18] 各条业务线数据和关键指标变化 - 公司第二季度油气产量超出指引上限,资本支出低于指引下限 [12] - 这是由于良好的井效率和成本控制 [12] - 公司提高了全年产量指引,降低了全年资本支出指引 [21] 各个市场数据和关键指标变化 - 公司在Montney地区的井效率继续领先,过去12个月内公司投产了该地区前31个最高产井,占前50个的36个 [41] - Montney地区的平均井成本为450万美元,是公司最低成本的资产 [42] - 公司在Uinta地区的油井表现也非常出色,最近投产的3口Jorgensen井30天初始产能达到每天1,850桶 [43] - 公司在Anadarko盆地的活动将在下半年有所减少,但该资产仍将是2023年公司最高自由现金流贡献资产 [45] 公司战略和发展方向及行业竞争 - 公司收购Permian资产后,已经将活动水平重置到5口钻机和3个完井队的预期水平 [11] - 公司正在将自己的钻完井优化技术应用到新获得的Permian资产,预计将在第四季度投产首批全面采用Ovintiv设计的井 [11][34] - 公司在Permian的完井设计创新,包括分段架构、流体化学和支撑剂装载,使得2023年迄今的油井表现位居历史最佳水平 [34][35][36][37] - 公司2024年资本支出计划将比同行少约2.5亿美元,但产出将增加3万桶/日,体现了公司的资本效率优势 [28][29] 管理层对经营环境和未来前景的评论 - 管理层对公司第二季度的出色业绩表示满意,并对新获得的Permian资产整合工作给予高度评价 [7][10][11] - 管理层认为,公司目前的维护性开发计划是合适的,不会轻易增加活动,需要满足三个条件:现金流每股回报优于股票回购、行业需求增加、执行风险降低 [66][67][68][69] - 管理层表示,公司将继续保持资本支出的平稳分布,以维护团队的执行效率 [120][121] 问答环节重要的提问和回答 问题1 **Arun Jayaram 提问** 请进一步说明Permian地区井效率提升的原因和可重复性 [55][56][57][58][59][60][61] **Brendan McCracken 回答** 公司在完井设计方面的创新,包括分段架构、流体化学和实时压裂监测,是提升井效率的关键因素 [56][57][58][59] 这些技术在公司的其他资产中也得到了应用,并在Permian的不同区块中得到验证,体现了良好的可重复性 [60][61] 问题2 **Neal Dingmann 提问** 公司在Permian的整合工作如何避免井间干扰问题 [66][67] **Gregory Givens 回答** 公司通过统一规划和执行,在Permian的不同区块间进行优化调度,已经看到井间干扰问题有所缓解 [33] 问题3 **Umang Choudhary 提问** 公司未来对套期保值的计划是什么 [101][102][103] **Brendan McCracken 回答** 公司将继续采用未来12个月的滚动套期保值策略,主要使用三元期权结构,提供一定的价格下限保护,同时保留上行空间 [102][103]

2Q23 Results Conference Call ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39191 Ovintiv Inc. (Exact name of registrant as specified in its charter) Delaware 84-4427672 (State or other jurisdiction of incorporation or organization) (I.R.S ...

Ovintiv, Inc. (NYSE:OVV) Q1 2023 Earnings Conference Call May 10, 2023 11:00 AM ET Company Participants Jason Verhaest - IR Brendan McCracken - President, CEO & Director Gregory Givens - EVP & COO Corey Code - EVP & CFO Conference Call Participants Doug Leggate - Bank of America Merrill Lynch Joshua Silverstein - UBS Neal Dingmann - Truist Securities Nicholas Pope - Seaport Research Partners Arun Jayaram - JPMorgan Chase & Co. Noel Parks - Tuohy Brothers Investment Research Gabriel Daoud - TD Cowen Operator ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39191 Ovintiv Inc. (Exact name of registrant as specified in its charter) Delaware 84-4427672 (State or other jurisdiction of incorporation or organization) (I.R. ...

Ovintiv Inc. (NYSE:OVV) Q4 2022 Results Conference Call February 28, 2022 11:00 AM ET Company Participants Jason Verhaest - IR Brendan McCracken - President, CEO Corey Code - EVP, CFO Greg Givens - COO Conference Call Participants Neal Dingmann - Truist Securities Greg Pardy - RBC Capital Markets Arun Jayaram - JP Morgan Gabe Daoud - Cowen Lloyd Byrne - Jefferies John Abbott - Bank of America Jeoffrey Lambujon - Tudor, Pickering and Holt Roger Read - Wells Fargo Umang Choudhary - Goldman Sachs Operator Good ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39191 Ovintiv Inc. (Exact name of registrant as specified in its charter) Delaware 84-4427672 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Iden ...

Ovintiv Inc. (NYSE:OVV) Q3 2022 Results Conference Call November 9, 2022 10:00 AM ET Company Participants Brendan McCracken - Chief Executive Officer Greg Givens - Executive Vice President, Chief Operating Officer Corey Code - Executive Vice President, Chief Financial Officer Jason Verhaest - Investor Relations Conference Call Participants Doug Leggate - Bank of America Jeanine Wai - Barclays Neal Dingmann - Truist Greg Pardy - RBC Capital Markets Menno Hulshof - TD Securities Umang Choudhary - Goldman Sach ...

Ovintiv Inc. (NYSE:OVV) Q2 2022 Earnings Conference Call August 4, 2022 10:00 AM ET Company Representatives Brendan McCracken - Chief Executive Officer Greg Givens - Executive Vice President, Chief Operating Officer Corey Code - Executive Vice President, Chief Financial Officer Jason Verhaest - Investor Relations Conference Call Participants Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Jeanine Wai - Barclays Doug Leggate - Bank of America Neal Dingmann - Truist Greg Pardy - RBC Capital Markets Gabe Da ...

2Q22 Results Conference Call 1 ْ ⁄ ⁄ ⁄ ⁄ Ovintiv Highest Cash FlowŦ & FCFŦin Over a Decade Increasing Shareholder Returns Returning 50% of Post-Base Dividend FCFŦ Today • ~$400 MM of shareholder returns in 3Q221 • Cash Return YieldŦ doubled to 13% in 3Q221 • $1,224 MM Cash FlowŦ &$713 MM Free Cash FlowŦ Delivering Strong 2Q22 Results Maintaining Operational Excellence Across All Assets • 175 Mbbls/d oil & condensate, at high end of guidance • 500 MBOE/d total production, at high end of guidance • $511 MM ca ...