Investor Presentaiton
Ovintiv
Continued Delivery on Cash Return Framework
Cash Return Framework ($ MM)
2Q22 Results
$1,224
($511)
$713
($64)
$649
Cash FlowT
Capex
Free Cash FlowT
2Q22 Base Dividend
Available
Capital Allocation Framework
$325
$325
"New"
50% Balance Sheet Allocation
50% 3Q22 Share Buybacks
~$389 Total Shareholder Return in 3Q22
$325 Buybacks + $64 Base Dividend
In action TODAY!
(Returns Since Framework Announced)
~$900 MM
Base Dividend & Buybacks through 3Q22
7.6 MM
Shares Repurchased through 2Q22
T Non-GAAP measures defined in advisories. For additional information regarding non-GAAP measures see the Company's website.
Note: Future dividends are subject to Board approval.
1) Framework announced September 9, 2021. Cash returns includes base dividend in September 2021 and base dividend and share buybacks in 4Q21, 1Q22, 2Q22 and 3Q22. Shares repurchased reflects data through June 30, 2022.
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