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Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on developing a multi-basin portfolio of assets located in the United States and Canada. Its operations include marketing of oil, natural gas liquids and natural gas. Its assets include Permian Basin and Montney. The Permian Basin is an oil play, located in oil deposits in the United States, located in west Texas primarily in Midland, Martin, Andrews, Howard, Glasscock, Ector and Upton counties. The Company develops the play using its cube development model and multi-frac techniques. The Montney is a liquids and natural gas play located in northwest Alberta and northeast British Columbia. The play includes properties that are in the Montney formation, which is an oil and gas deposit in North America. The formation is characterized by up to six stacked horizons spanning over 1,000 feet of stratigraphy and is being developed through horizontal drilling and completion operations.
Find out what a historical investment in Ovintiv Inc would be worth today using our OVV stock calculator.
Market Capitalisation
$16.96B
Price-earnings ratio
-
Dividend yield
2.06%
Volume
3.75M
High today
$60.08
Low today
$58.83
Open price
$59.00
52-week high
$63.46
52-week low
$34.88
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