Ovintiv Inc. (OVV) Provides Fourth Quarter and Full-Year 2020 Update
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Ovintiv™ Provides Fourth Quarter and Full-Year 2020 Update
January 4, 2021 7:00 AM ESTDENVER, Jan. 4, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced preliminary financial results and select operating metrics for its fourth quarter and fiscal year ended December 31, 2020.
Highlights:
Reduced total long-term debt, including current portion, by $257 million in the fourth quarter. Ovintiv has been focused on debt reduction and has a plan to reduce total debt by at least $1 billion from the second half of 2020 through year-end 2021. As of year-end 2020, the Company is nearly halfway to achieving its year-end 2021 target.... More