Ovintiv
About: Ovintiv is a North American oil and natural gas exploration and production company. It focuses on the exploration and development of oil, NGLs, and natural gas reserves. The company has three segments: USA Operations, Canadian Operations, and Market Optimization.
Employees: 1,743
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
29% more repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 172
14% more call options, than puts
Call options by funds: $97.4M | Put options by funds: $85.6M
5% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 74
0.41% more ownership
Funds ownership: 80.71% [Q2] → 81.12% (+0.41%) [Q3]
0% more funds holding
Funds holding: 539 [Q2] → 539 (+0) [Q3]
19% less capital invested
Capital invested by funds: $10.1B [Q2] → $8.19B (-$1.91B) [Q3]
80% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 1 (-4) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Barclays Betty Jiang 47% 1-year accuracy 14 / 30 met price target | 33%upside $59 | Overweight Maintained | 30 Jan 2025 |
Truist Securities Neal Dingmann 35% 1-year accuracy 55 / 156 met price target | 36%upside $60 | Buy Maintained | 13 Jan 2025 |
B of A Securities Noah Hungness 33% 1-year accuracy 4 / 12 met price target | 22%upside $54 | Buy Upgraded | 13 Jan 2025 |
Wells Fargo Roger Read 37% 1-year accuracy 41 / 111 met price target | 5%downside $42 | Equal-Weight Maintained | 17 Dec 2024 |
Mizuho Nitin Kumar 40% 1-year accuracy 29 / 72 met price target | 36%upside $60 | Outperform Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 15 articles about OVV published over the past 30 days









