Feb 19 (Reuters) - Ovintiv Inc OVV.N :
* 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
* Q4 NON-GAAP OPERATING EARNINGS PER SHARE $0.81
* Q4 LOSS PER SHARE $0.02
* Q4 EARNINGS PER SHARE ESTIMATE $0.75 -- REFINITIV IBES DATA
* 2020 IS EXPECTED TO BE THIRD CONSECUTIVE YEAR OF SIGNIFICANT NON-GAAP FREE CASH FLOW
* PLANNED 2020 CAPITAL INVESTMENTS TOTAL $2.7 BILLION, DOWN 6%, OR $175 MILLION LESS THAN 2019 PROFORMA CAPITAL INVESTMENT
* TOTAL COMPANY PRODUCTION IN Q4 OF 2019 WAS 592,600 BOE/D
* Q4 LIQUIDS PRODUCTION AVERAGED 322,000 BBLS/D
* TOTAL COSTS IN 2020 ARE EXPECTED TO DROP AGAIN YEAR-OVER-YEAR TO $12.20 - $12.50 PER BARREL OF OIL EQUIVALENT
* PROFORMA PRODUCTION FROM ANADARKO INCREASED 17% YEAR-OVER-YEAR TO 158,300 BOE/D, OF WHICH 62% WAS LIQUIDS
* Q4 CRUDE OIL AND CONDENSATE PRODUCTION WAS 226 MBBLS/D