Ovintiv: Q2 Earnings Snapshot

August 4, 2022 GMT

DENVER (AP) _ Ovintiv Inc. (OVV) on Wednesday reported second-quarter net income of $1.36 billion.

On a per-share basis, the Denver-based company said it had profit of $5.21. Earnings, adjusted for non-recurring gains, came to $2.42 per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share.

The energy company posted revenue of $3.74 billion in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $2.66 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OVV at https://www.zacks.com/ap/OVV