Company Ovintiv Inc. Toronto S.E.

Equities

OVV

US69047Q1022

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. 04:00:00 2024-04-17 pm EDT 5-day change 1st Jan Change
71.3 CAD -1.34% Intraday chart for Ovintiv Inc. -6.07% +22.59%

Business Summary

Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on the development of its multi-basin portfolio of top tier oil and natural gas assets located in the United States and Canada. Its operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA Operations, Canadian Operations, and Market Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other activities within Canada. Market Optimization segment is primarily responsible for the sale of the Company’s production to third-party customers and enhancing the associated netback price. The segment’s activities also include third-party purchases and sales of product to provide operational flexibility.

Number of employees: 1,743

Sales per Business

USD in Million2022Weight2023Weight Delta
United States Operations
51.3 %
5,557 44.6 % 5,580 51.3 % +0.41%
Market Optimization
26.4 %
4,107 33.0 % 2,876 26.4 % -29.97%
Canadian Operations
19.9 %
1,991 16.0 % 2,162 19.9 % +8.59%
Corporate & Other
2.4 %
809 6.5 % 265 2.4 % -67.24%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
76.4 %
9,560 76.7 % 8,318 76.4 % -12.99%
Canada
23.6 %
2,904 23.3 % 2,565 23.6 % -11.67%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 268,953,641 260,343,110 ( 96.80 %) 0 96.80 %

Shareholders

NameEquities%Valuation
The Vanguard Group, Inc.
10.09 %
27,138,130 10.09 % 1 408 M $
Vanguard Fiduciary Trust Co.
10.05 %
27,030,413 10.05 % 1 403 M $
BlackRock Advisors LLC
9.574 %
25,748,864 9.574 % 1 336 M $
Fidelity Management & Research Co. LLC
8.591 %
23,106,175 8.591 % 1 199 M $
Dodge & Cox
8.535 %
22,955,251 8.535 % 1 191 M $
10,382,455 3.860 % 539 M $
Wilmington Trust
2.743 %
7,377,596 2.743 % 383 M $
EnCap Investments LP
2.743 %
7,377,596 2.743 % 383 M $
Smead Capital Management, Inc.
2.054 %
5,524,510 2.054 % 287 M $
Hotchkis & Wiley Capital Management LLC
1.964 %
5,281,657 1.964 % 274 M $

Company contact information

Ovintiv, Inc.

370 17th Street Suite 1700

80202, Denver

+303 623 2300

http://www.ovintiv.com
address Ovintiv Inc.(OVV)