Ovintiv Inc (OVV)

Ovintiv's stock price was $40.45 as of November 26, 2025, gaining 3.64% on that day and rising 5.81% over the past two weeks. The company reported its first, second, and third-quarter results in May, July and November 2025 respectively. Key strategic moves include the renewal of its share buy-back program and the acquisition of NuVista Energy Ltd. Analyst ratings have varied, with William Blair initiating coverage with an "Outperform" rating and a $50.00 price target. UBS raised its price target to $54.00, maintaining a "Buy" rating, while Citigroup lowered its target to $52.00 but maintained a "Buy" rating. Wells Fargo adjusted its rating to "Equal-Weight" with a price target of $42.00. RBC Capital upgraded Ovintiv to "Outperform" with a $55.00 price target. Ovintiv also declared a quarterly dividend of $0.30 per share, payable on December 31, 2025.

Demand for Ovintiv's primary products is subject to seasonal fluctuations, largely driven by weather patterns and consumer behavior in the Northern Hemisphere. Natural gas and heating oil typically experience a surge in demand during the colder winter months, while demand for gasoline tends to rise in the summer. The industrial sector's consumption of natural gas tends to be more constant throughout the year, while the electric power sector sees a small spike in natural gas use during warmer summer months for air conditioning.

Ovintiv Inc. is a U.S. petroleum company based in Denver, Colorado, operating in the Oil & Gas Exploration & Production industry. The company focuses on the exploration, development, production, and marketing of oil, natural gas liquids (NGLs), and natural gas. Ovintiv was formed in January 2020 through a restructuring of its Canadian predecessor, Encana.

Ovintiv's operations span across North America, with assets in the United States and Canada. In the United States, the company operates in key basins including the Permian Basin, Anadarko Basin, Uinta Basin, and the Bakken formation. In Canada, its assets are primarily located in the Montney Formation and the Horn River Formation. Ovintiv also owns five decommissioned mines in Ontario.

In the past year, no specific major negative events directly impacting Ovintiv Inc.'s brand reputation have been widely reported. The company released its 2024 Sustainability Report in May 2025, highlighting its progress and performance on ESG initiatives. Historically, as its predecessor Encana, the company faced various criticisms and lawsuits, but these historical issues predate the past year.

Institutional investors hold a significant majority of Ovintiv Inc. stock, ranging from 82% to 89%. The largest institutional shareholders include The Vanguard Group, Inc., BlackRock, Inc., and FMR LLC. Insiders own less than 1% of the company, while the general public holds approximately 11-18% of the stock.