Ovintiv Issues 2020 Outlook; Company Expects to Deliver Cash from Operations Significantly in Excess of Capital for the Third Consecutive Year; Fourth Quarter 2019 Results Top Consensus Estimates

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2020 Outlook highlights: 2020 is expected to be third consecutive year of significant non-GAAP free cash flow. Plan expected to yield 4% year-over-year proforma growth in crude oil and condensate(1) production. Planned 2020 capital investments total $2.7 billion, down 6%, or $175 million…

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