Ovintiv Inc. reported strong fourth-quarter results, with earnings of $946 million, or $3.70 per share, significantly beating Wall Street expectations of 98 cents per share. The company’s adjusted earnings were $1.39 per share, and revenue reached $2.15 billion, also surpassing analysts’ forecasts of $1.95 billion. For the full year, Ovintiv posted a profit of $1.24 billion on revenues of $8.91 billion.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ovintiv: Q4 Earnings Snapshot
Ovintiv Inc. reported strong fourth-quarter results, with earnings of $946 million, or $3.70 per share, significantly beating Wall Street expectations of 98 cents per share. The company’s adjusted earnings were $1.39 per share, and revenue reached $2.15 billion, also surpassing analysts’ forecasts of $1.95 billion. For the full year, Ovintiv posted a profit of $1.24 billion on revenues of $8.91 billion.