Ovintiv: Q3 Earnings Snapshot
By AP News
Published - Nov 07, 2024, 06:28 PM ET
Last Updated - Dec 16, 2024, 05:34 PM EST
DENVER (AP) — DENVER (AP) — Ovintiv Inc. (OVV) on Thursday reported third-quarter earnings of $507 million.
On a per-share basis, the Denver-based company said it had net income of $1.92. Earnings, adjusted for non-recurring gains, came to $1.85 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.
The energy company posted revenue of $2.32 billion in the period, matching Street forecasts.
