Ovintiv CEO Brendan McCracken said, "2022 was a milestone year for Ovintiv. At $2.3 billion, our team delivered a record Non-GAAP Free Cash Flow. We returned nearly $1 billion directly to our shareholders through our base dividend and share buybacks, we reduced long-term debt by approximately $1.2 billion and we expanded our drilling inventory with approximately 450 new premium return locations. These results demonstrate that our strategy is working, and our strong financial performance is translating into durable returns for our shareholders."
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