Investor Presentaiton
Higher Returns Through Capital Efficiency
12
10
'22 Capex ($MM)/ Total Production (Mboe/d)¹
80
6
10% Better
27% Better
17% Better
Ovintiv™
Efficiency edge regardless of
calculation method:
Oil & Condensate / 20:1 ratio / 6:1 ratio¹
~$400 MM/yr more FCF³ than our peers
(20:1 ratio)
Higher ROIC & cash returns to
shareholders
4
2
Peer
Avg.
Ovintiv
Peer
Avg.
Ovintiv
Peer
Avg.
Ovintiv
Oil & Condensate
(bbls)
20:1 Ratio
(BOE)
6:1 Ratio
(BOE)
T Non-GAAP measures defined in advisories. For additional information regarding non-GAAP measures see the Company's website.
Note: Public company data and FactSet consensus estimates as of July 26, 2022. ROIC reflects Return on Invested Capital.
1) "Oil & Condensate" includes oil for peers and Oil and Condensate for OVV, as OVV realizes condensate near parity to WTI. 20:1 Ratio reflects relative natural gas and oil prices. 6:1 Ratio reflects natural gas heat content.
Peers Include: CLR,, CTRA, DVN, EOG, FANG, MRO, PXD.
LO
5View entire presentation