Ovintiv
About: Ovintiv Inc is a North American oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs and natural gas. The company has two operating segments: USA Operations, and Canadian Operations. The USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. The Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada.
Employees: 1,623
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 4 (+3) [Q4]
59% more call options, than puts
Call options by funds: $146M | Put options by funds: $92.3M
23% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 78
9% more capital invested
Capital invested by funds: $8.18B [Q3] → $8.95B (+$771M) [Q4]
3.62% more ownership
Funds ownership: 80.95% [Q3] → 84.57% (+3.62%) [Q4]
2% more funds holding
Funds holding: 541 [Q3] → 551 (+10) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 184
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Morgan Stanley Devin McDermott 50% 1-year accuracy 17 / 34 met price target | 29%upside $57 | Overweight Reinstated | 26 Mar 2025 |
Wells Fargo Roger Read 41% 1-year accuracy 46 / 112 met price target | 2%upside $45 | Equal-Weight Maintained | 20 Mar 2025 |
JP Morgan Arun Jayaram 54% 1-year accuracy 22 / 41 met price target | 2%upside $45 | Overweight Maintained | 13 Mar 2025 |
Barclays Betty Jiang 59% 1-year accuracy 20 / 34 met price target | 34%upside $59 | Overweight Maintained | 30 Jan 2025 |
Truist Securities Neal Dingmann 28% 1-year accuracy 41 / 146 met price target | 36%upside $60 | Buy Maintained | 13 Jan 2025 |
Financial journalist opinion
Based on 4 articles about OVV published over the past 30 days









