Ovintiv Reports Third Quarter 2026 Financial and Operating Results
PR Newswire•03/11/2026•17:01 ET
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Key Highlights
- ➤Q3 net earnings $549 million; Non-GAAP Free Cash Flow reached $680 million
- ➤Ovintiv agreed to acquire Logan Energy for approximately $890 million
- ➤Q3 production averaged 631 MBOE/d, including 204 Mbbls/d of oil and condensate
- ➤Shareholder returns totaled $467 million, or 69% of Q3 Non-GAAP Free Cash Flow
- ➤Full-year 2026 guidance maintained; shareholder returns expected above 60% of free cash flow
Expert Statements
Brendan McCracken, President and CEO of Ovintiv
“Our third quarter results demonstrate the ongoing commitment of our team to create value across the business, and we are on track to achieve record annual free cash flow.”
Brendan McCracken, President and CEO of Ovintiv
“We have continued to enhance our drilling inventory and future growth optionality in both the Permian and the Montney at an industry leading low-cost per undeveloped location in the core of the best basins.”
Brendan McCracken, President and CEO of Ovintiv
“Bolstering our positions in these two basins where we have an operating advantage and demonstrated top performance means we are set to continue delivering superior and durable returns.”
Ovintiv Reports Third Quarter 2026 Financial and Operating Results PR Newswire
Track Record of Strong Profitability Continues, Significant Additions Made to Premium Return Drilling Inventory
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