Ovintiv | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Ovintiv is a leading North American energy producer focused on developing its multi-basin portfolio of oil, natural gas liquids,...


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Ovintiv is a leading North American energy producer focused on developing its multi-basin portfolio of oil, natural gas liquids, and natural gas producing plays. The company, based in Denver, Colorado, was formed in 2020 through a restructuring of its predecessor, Encana. Ovintiv emphasizes innovation and sustainability in its operations, contributing to various sectors including healthcare and education.

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πŸ›οΈ Ovintiv Product and Pricing News β†’

πŸ‘” Ovintiv CEO, Management and Leadership Team β†’

βš”οΈ Ovintiv Alternatives and Competitors β†’

πŸ’Ό Ovintiv Hiring and Layoffs β†’

πŸ€– Ovintiv Developer, Integration and Automation News β†’

πŸ“ˆ Ovintiv Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Ovintiv Product and Pricing News

  • Kim Williams, Vice President & GM Canadian Operations at Ovintiv, highlighted the importance of the upcoming CEEA event on February 20th for industry executives and young professionals.
  • On February 12, 2025, a report by Stock Traders Daily highlighted trading strategies and risk management practices for Ovintiv, recommending a buy near 63.55 with a stop loss at 63.23.
  • On February 11, Ovintiv's Senior Community Relations Advisor Sierra Faiola participated in the opening puck drop ceremony at Minor Hockey Night, supporting the Grande Prairie Storm's 4-1 victory.
  • On February 6, Ovintiv hosted a Power Hour event to support the Alberta Children's Hospital Foundation, pledging an additional $15,000 if donation targets were met.
  • Ovintiv, a Denver-based oil company, could be significantly impacted by potential retaliatory tariffs from Canada, as it relies on the Canadian market for over 10% of its revenue.


πŸ‘” Ovintiv CEO, Management and Leadership Team


βš”οΈ Ovintiv Alternatives and Competitors

  • Woodside Energy Group
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  • Cenovus Energy
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  • Chesapeake Energy
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  • Coterra Energy
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  • Pembina Pipeline
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  • Ecopetrol
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  • YPF Sociedad AnΓ³nima
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  • Antero Resources
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  • Permian Resources
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  • Hess Midstream
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  • Helmerich & Payne
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  • Continental Resources
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  • EOG Resources
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  • Noble Energy
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  • Imperial Oil
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  • ARC Resources
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  • Husky Energy
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  • Paramount Resources
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  • XTO Energy
  • |
  • Murphy Oil Corp
  • |
  • Diamondback Energy
  • |
  • Amplify Energy
  • |
  • Contango
  • |
  • Callon

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πŸ’Ό Ovintiv Hiring and Layoffs

  • Ovintiv appointed Terri G King, a former ConocoPhillips manager, as an independent board member effective January 31, 2025.
  • Ovintiv is hiring for the position of E&I Construction Coordinator, as announced by Clay Perry, Manager of Construction.
  • Matt Cooley is leaving Ovintiv as Senior Manager - Drilling and Completions to join Validus Energy as Drilling Superintendent in the United States.


πŸ€– Ovintiv Developer, Integration and Automation News

  • Ovintiv collaborated with ResFrac to use machine learning and simulation models to predict well performance in the Midland Basin.


πŸ“ˆ Ovintiv Financials, Fundraising and Valuation News

  • Ovintiv's stock has underperformed compared to Coterra Energy over the past six months, with Coterra's stock rising 16%.
  • Ovintiv's shares are underperforming with a low P/E ratio of 5.6x due to a projected 27% earnings decline next year, contrasting with the market's expected 15% growth.
  • Ovintiv's NYSE stock price increased to $43.27 with a market cap of $11.3B, and TSX stock price rose to $61.44 with a market cap of $16.0B.
  • Ovintiv's stock price increased by 158% over the last five years, with a total shareholder return of 200% due to dividend payments, despite a recent 3.1% drop in the past week.
  • On January 22, 2025, Ovintiv closed the $2 billion sale of its Uinta assets in Utah to FourPoint Resources, LLC.

  • Ovintiv, an independent E&P operator, has consistently beaten the Zacks Consensus Estimate for earnings over the last four quarters with an average surprise of 25.4%.

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