Ovintiv (OVV)
Produces oil, natural gas liquids and natural gas across the Permian and Montney basins.
Something off on this page? Send us feedback.
Produces oil, natural gas liquids and natural gas through USA Operations and Canadian Operations, with the portfolio concentrated in the Permian and Montney. Revenue depends on commodity sales, while marketing supports transportation commitments, delivery flexibility and customer diversification.
Explores, develops, produces and markets oil, natural gas liquids and natural gas through USA Operations and Canadian Operations. The operating portfolio is concentrated in the Permian Basin in Texas and the Montney in Alberta and British Columbia.
Builds scale through acquisitions and basin exits, with recent transactions expanding the Permian and Montney while removing other positions. Centralized capital allocation combines with hands-on field oversight to support drilling, completion and marketing execution.
Commodity sales drive the business, while purchases and sales help meet transportation commitments, shift delivery points and diversify customers. Results depend on realized commodity prices, gathering and processing capacity, transportation and market access, drilling and completion performance, and the safety, environmental and regulatory conditions of upstream operations.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 14, 2026 | UBS | Reiterate | Rating: —Target: $74 | Target: $85 |
| Sep 9, 2026 | Stifel Nicolaus | Target | Target: — | Target: $92 |
| Sep 2, 2026 | Seaport Global | Initiate | Rating: — | |
| Sep 2, 2026 | Wells Fargo | Reiterate | Rating: —Target: $78 | Target: $79 |
| Aug 19, 2026 | Morgan Stanley | Target | Target: $65 | Target: $67 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $700.0M · Total debt $4.92B · Total assets $19.28B · Shareholders' equity $11.50B
- Revenue
- $3.01B
- Operating income
- $1.04B
- Net income
- $456.0M
HistoryDividendAnnual yield
| Institutions | 93.90% | 258.70M shares | |
|---|---|---|---|
| 623 holders · as of Jun 30, 2026 | |||
| Insiders | 12.38% | 34.11M shares | |
| 17 holders · as of Aug 14, 2026 | |||
| Adds to | 106.28% | ||
275.50M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 106.28%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Page 2. Of 4. PagesInsider | 11.92% | 32.85M | filed Feb 11, 2021 |
BlackRock, Inc.Institution | 9.81% | 27.03M | as of Jun 30, 2026 |
FMR LLCInstitution | 9.35% | 25.75M | as of Jun 30, 2026 |
Capital Research Global InvestorsInstitution | 7.06% | 19.45M | as of Jun 30, 2026 |
Wilmington Trust, National Association, as Administrative TrusteeInstitution | 6.09% | 16.78M | filed Oct 10, 2023 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 12, 2026 | Rachel Maureen Moore | officer: EVP, Corporate Services | −7,753 | $63.32 |
| Mar 13, 2026 | Meghan Nicole Eilers | officer: EVP, M&M & GC | −11,582 | $54.78 |
| Mar 3, 2026 | Howard John Mayson | director | −5,000 | $52.39 |
| Dec 12, 2025 | Gregory Dean Givens | officer: EVP & COO | −50,000 | $40.33 |
| Dec 8, 2025 | Steven W. Nance | director | −5,000 | $41.99 |
- ConocoPhillips
Scaled rival across both Permian and Montney development
- Diamondback Energy
Large Permian pure play contesting Midland Basin development
- Accelerant
Pure-play Montney rival in gas, condensate, and NGLs
- Canadian Natural Resources
Scaled Canadian producer with a large liquids-rich Montney position
- Devon Energy
Large shale producer anchored by the Delaware Basin
- EOG Resources
Multi-basin producer with a major Delaware Basin operation
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Ovintiv | $59.36 | −1.36% | $16.65B | 17.3 | 8.2 | 1.7 | +30.0% |
| ConocoPhillips | $125.60 | −1.51% | $155.37B | 16.9 | 12.7 | 2.5 | +39.7% |
| Diamondback Energy | $186.13 | −1.66% | $53.24B | 37.0 | 9.7 | 3.1 | +32.1% |
| Accelerant | $19.77 | −0.05% | $4.32B | — | 22.9 | 4.2 | +62.9% |
| Canadian Natural Resources | $47.84 | −0.91% | $100.70B | 12.1 | 16.9 | 2.9 | +46.3% |
| Devon Energy | $47.13 | −0.97% | $52.35B | 11.3 | 9.3 | 2.7 | +83.2% |
| EOG Resources | $140.35 | −0.73% | $75.30B | 11.0 | 9.0 | 2.8 | +60.5% |
| Median | 12.1 | 11.2 | 2.9 | +53.4% |