Ovintiv Inc. reported a sharp decline in profitability for the nine months ended September 30, 2025, primarily driven by significant non-cash asset impairment charges related to commodity price declines.
Financial Performance Summary (9M YTD 2025 vs. 2024): Net Earnings plummeted to $296 million (vs. $1.185 billion). Total Revenues slightly decreased to $6.76 billion. Operating Cash Flow remained stable at $2.70 billion. Basic EPS fell to $1.14 (vs. $4.45). Income Tax Expense significantly decreased to $102 million, though the Effective Tax Rate increased to 25.6%.
**Material Even
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