Generated fourth quarter cash from operating activities of $1.0 billion and Non-GAAP Free Cash Flow of $452 million after capital expenditures of $552 million.

Delivered average quarterly production volumes of 580 MBOE/d, including 210 Mbbls/d of oil and condensate, 90 Mbbls/d of other NGLs and 1,680 MMcf/d of natural gas.

Full year shareholder returns totaled approximately $913 million, consisting of share buybacks of approximately $597 million, or approximately 12.7 million shares of common stock, and base dividend payments of approximately $316 million.

Ovintiv had approximately $3.6 billion in total liquidity as of December 31, 2024, which included available credit facilities of $3.5 billion, available uncommitted demand lines of $91 million, and cash and cash equivalents of $42 million.