Ovintiv Q3 net earnings fall to $148 million; full-year production guidance raised
Ovintiv reported third-quarter 2025 net earnings of $148 million, or $0.57 per diluted share, down from $507 million in the same period of 2024. The quarter included a $108 million after-tax non-cash impairment, and total revenues fell to $2.07 billion from $2.32 billion. The company raised its full-year 2025 production guidance while keeping its capital investment range unchanged, and declared a $0.30 per share quarterly dividend.
Key points
- Q3 2025 net earnings were $148 million ($0.57 per diluted share), versus $507 million ($1.92 per diluted share) in Q3 2024; the quarter included a $108 million after-tax ceiling test impairment.
- Full-year 2025 production guidance raised to 610 to 620 MBOE/d from 600 to 620 MBOE/d; full-year capital investment maintained at $2.125 billion to $2.175 billion.
- Q3 2025 cash from operating activities was $812 million and Non-GAAP Free Cash Flow was $351 million.
- Board declared a $0.30 per share dividend, payable December 31, 2025, to holders of record on December 15, 2025.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.
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