financetom
Business
financetom
/
Business
/
Ovintiv Q2 Adjusted Earnings Rise, Revenue Falls
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ovintiv Q2 Adjusted Earnings Rise, Revenue Falls
Jul 30, 2024 2:50 PM

05:28 PM EDT, 07/30/2024 (MT Newswires) -- Ovintiv ( OVV ) reported Q2 adjusted earnings late Tuesday of $1.23 per diluted share, up from $0.93 per share a year earlier.

Analysts polled by Capital IQ expected $1.30.

Revenue in the quarter ended June 30 fell to $2.29 billion from $2.52 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.42 billion.

The company's board kept the quarterly dividend at $0.30 a share, payable Sept. 27 to shareholders of record Sept. 13.

Price: 45.70, Change: -0.28, Percent Change: -0.61

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Thoma Bravo to buy Olo in deal valuing restaurant tech firm at $2 billion
Thoma Bravo to buy Olo in deal valuing restaurant tech firm at $2 billion
Jul 3, 2025
July 3 (Reuters) - Restaurant software provider Olo said on Thursday it would be acquired by investment firm Thoma Bravo in an all-cash deal valuing the company at about $2 billion. (Reporting by Deborah Sophia in Bengaluru) ...
Cadence Design Says Licensing Requirements for China Technology Exports Lifted; Shares Up Pre-Bell
Cadence Design Says Licensing Requirements for China Technology Exports Lifted; Shares Up Pre-Bell
Jul 3, 2025
09:01 AM EDT, 07/03/2025 (MT Newswires) -- Cadence Design Systems ( CDNS ) said in a regulatory filing Wednesday that the Bureau of Industry and Security of the US Department of Commerce has rescinded the license requirements for the transfer to China or a Chinese military user of its electronic design automation software, effective immediately. The bureau informed the company...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Novartis' Cosentyx Fails Late-Stage Giant Cell Arteritis Trial
Novartis' Cosentyx Fails Late-Stage Giant Cell Arteritis Trial
Jul 3, 2025
Novartis AG ( NVS ) on Thursday released topline results from the Phase 3 GCAptAIN study evaluating Cosentyx (secukinumab) for newly diagnosed or relapsing giant cell arteritis (GCA). Giant cell arteritis is an inflammation of the lining of the arteries. It often affects the arteries in the head, especially those in the temples. In the study, Cosentyx was evaluated with...
Copyright 2023-2026 - www.financetom.com All Rights Reserved