Ovintiv Reports Third-Quarter 2026 Results, Maintains Full-Year Guidance
Ovintiv reported $467 million in shareholder returns during the quarter, including $386 million in share repurchases and $81 million in base dividends. Permian production averaged 235 MBOE/d, and net debt was $3.4 billion at quarter-end.
Ovintiv reported its financial and operational results for the third quarter of 2026, including a quarterly dividend declaration of $0.30 per share payable on December 31, 2026, to shareholders of record as of December 15, 2026. During the quarter, the company returned approximately $467 million to shareholders, representing 69% of its non-GAAP free cash flow, through a combination of $386 million in share repurchases and $81 million in base dividend payments. The company maintained its full-year 2026 guidance, noting that its Permian production averaged 235 MBOE/d with 31 net wells turned in line.
As of September 30, 2026, Ovintiv reported net debt of $3.4 billion and a net debt to adjusted EBITDA ratio of 0.7 times.