Ovintiv posted Q3 net earnings of $549M and Non-GAAP Free Cash Flow of $680M. Production averaged 631 MBOE/d. The company agreed to buy Logan Energy Corp. for C$1.40/share in cash, total ~$890M including debt. Ground-game acreage added 120 net locations each in Montney and Permian. Shareholder returns were 69% of FCF. Full-year guidance maintained.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.
