Ovintiv | Latest News & Updates - Feb 06, 2025 Release
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...
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Ovintiv
🌎 ovintiv.comOvintiv 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.
Ovintiv - Latest News and Updates
- 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.
- 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.
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