Ovintiv Inc. (DE) (OVV)

41.46Last Price

-0.66 (-1.57%)Change

Ovintiv Inc is an energy company focused on the exploration, production, and development of oil and natural gas resources in North America

The company utilizes innovative technologies and advanced techniques to enhance its operations, aiming to efficiently extract energy resources while minimizing environmental impacts. Ovintiv operates in key resource-rich regions, leveraging its expertise in hydraulic fracturing and horizontal drilling to optimize production and deliver value to stakeholders. Through a commitment to sustainability and responsible resource management, Ovintiv plays a significant role in the energy sector.

FourPoint Resources, Quantum Capital Group and Kayne Anderson to Acquire Ovintiv Uinta Basin Assets for $2 Billion

DENVER and HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- FourPoint Resources, LLC (“FourPoint”), together with their partners Quantum Capital Group (“Quantum”) and Kayne Anderson, announced today the signing of a purchase and sale agreement to acquire Ovintiv Inc.’s (NYSE, TSX: OVV) Uinta Basin assets for a purchase price of $2.0 billion in cash. The asset includes 126,000 net acres and production of 29 Mbbls/d.

By Quantum Capital Group; FourPoint Resources, LLC; Kayne Anderson Capital Advisors, L.P. · Via GlobeNewswire · November 14, 2024

2 Canadian Mid-Cap Dividend Payers Energized For Growth

Two mid-cap Canadian energy oil-and-gas companies, Crescent Point Energy and Ovintiv, gapped higher in early April. Both are set to grow through acquisition.

Via MarketBeat · April 10, 2023

Ovintiv Inc. (OVV) Climbs to Annual-High Share Price

Shares of Ovintiv Inc. (NYSE:OVV) traded today at $56.31, eclipsing its 12-month high. Approximately 555,000 shares have changed hands today, as compared to an average 30-day volume of 4.9 million shares.

Via Investor Brand Network · April 4, 2022