Investors in Denver-based Ovintiv Inc. will learn early next month whether the company topped the $340 million in net earnings it recorded in the previous quarter.
The energy firm plans to release the report after the close of the market on Thursday, Nov. 7 and follow it with a conference call the next day, Friday. Nov. 8 at 8 a.m. central time.
At the end of July, Ovintiv, a company with a drilling history in Oklahoma’s STACK and SCOOP plays, reported it generated more than $1 billion in cash from its operating activities. Second quarter production was also at the high-end or above the guidance range on every production with average total production volumes of 594 thousand barrels of oil equivalent a day.
The production break-down showed 212 thousand barrels a day of oil and condensate, 92 Mbbls/d of other NGLs and 1,740 million cubic feet a day of natural gas.