Ovintiv Inc Stock Price, News & Analysis

Ovintiv (NYSE: OVV) announced that Peter Dea will retire from its Board of Directors effective May 6, 2026, and that Steven Nance has been unanimously elected by the Board to succeed him as Board chairman.

Mr. Dea joined the Board in 2010 and served as chairman since 2020; the release highlights his 40+ years of E&P leadership and his focus on sustainability and stewardship. Mr. Nance has served on the Ovintiv Board for six years, currently chairs the Environment, Health and Safety Committee, and is President and Manager of Steele Creek Energy.

Ovintiv (NYSE: OVV) reported third-quarter 2025 results on November 4, 2025, highlighting strong cash generation and an increased full‑year production outlook.

Key metrics: cash from operations $812M, Non‑GAAP free cash flow $351M, capital investment $544M, average production 630 MBOE/d (212 Mbbls/d oil), and net debt reduced by $126M to ~$5.187B. Returned $235M to shareholders via buybacks and dividends; NCIB renewed for ~22.3M shares. Full‑year production guidance raised to 610–620 MBOE/d while capital guidance remains $2.125–$2.175B. Full‑year current tax estimated at $70–$85M (≈50% lower than prior guidance).

Ovintiv (NYSE: OVV) agreed to acquire NuVista Energy for approximately $2.7 billion (C$3.8 billion) in a 50% cash / 50% stock deal that implies a blended C$17.80 per share price. The purchase adds ~140,000 net acres (≈70% undeveloped) and ~100 MBOE/d (≈25 Mbbls/d oil) in the Alberta Montney, ~930 net 10,000-foot equivalent well locations and is expected to be immediately accretive, with ~10% non-GAAP free cash flow per‑share accretion and ~ $100 million of annual synergies.

The company will pause share buybacks for two quarters, plans an Anadarko divestiture to reduce net debt toward a $4.0B target by year-end 2026, and expects the deal to close by Q1 2026 subject to approvals.

Ovintiv (NYSE: OVV) will release its third quarter 2025 financial and operating results after market close on Tuesday, November 4, 2025 and will hold a conference call and webcast on Wednesday, November 5, 2025 at 8:00 a.m. MT.

Supplemental slides and financial statements will be posted at www.ovintiv.com. The live audio webcast with slides will be available under Investors/Presentations and Events and archived for approximately 90 days. Participants can register for an automated callback at https://emportal.ink/428xJ0S or dial 888-510-2154 (North America) or 437-900-0527 (international) about 15 minutes before the call. Investor and media contact details are provided on the company website.

Ovintiv Inc. (NYSE: OVV) has received regulatory approval to renew its share buy-back program, allowing the purchase of up to 22,287,709 common shares (10% of public float) from October 3, 2025, to October 2, 2026. The company has also renewed its automatic share purchase plan (ASPP).

Under the current program ending October 2, 2025, Ovintiv has already purchased 7,836,011 shares at an average price of US$38.80. The buyback aligns with Ovintiv's capital allocation framework, which returns at least 50% of post-base dividend Non-GAAP Free Cash Flow to shareholders.

Purchases will be made through TSX, NYSE, and other trading systems, with daily TSX purchases limited to 46,314 shares. The company has received an NCIB Exemption allowing up to 10% repurchases on U.S. marketplaces.

Ovintiv (NYSE: OVV) reported strong Q2 2025 financial results, generating $1,013 million in operating cash flow and $392 million in free cash flow. The company achieved net earnings of $307 million ($1.18 per share) and production of 615 MBOE/d, exceeding guidance across all products.

The company has reduced its full-year capital guidance by $50 million to $2.125-2.175 billion while increasing production guidance to 600-620 MBOE/d. Ovintiv returned $223 million to shareholders through dividends and buybacks, reduced net debt by $217 million, and maintained a strong balance sheet with a 1.2x Debt to Adjusted EBITDA ratio.

Ovintiv (NYSE: OVV) has scheduled its second quarter 2025 earnings conference call for July 25, 2025, at 8:00 a.m. MT. The company will release its financial and operating results after market close on July 24, 2025.

Investors can access the call through an automated registration system or dial in directly. Supplemental materials, including slides and financial statements, will be available on the company's website. The webcast will be archived for approximately 90 days on Ovintiv's website under the Investors/Presentations and Events section.

Ovintiv (NYSE: OVV) reported its Q1 2025 financial results, generating $873 million in operating cash flow and $387 million in free cash flow. The company achieved production of 588 MBOE/d, including 206 Mbbls/d of oil and condensate. Key developments include closing a $2.3 billion Montney assets acquisition and a $1.9 billion Uinta assets divestiture. Despite recording a net loss of $159 million due to a non-cash ceiling test impairment, Ovintiv maintained strong operational performance with capital investment of $617 million. The company resumed its share buyback program and declared a quarterly dividend of $0.30 per share. Ovintiv maintains a solid balance sheet with a Debt to EBITDA ratio of 1.6x and reaffirmed its 2025 full-year production guidance of 595-615 MBOE/d with capital investment of $2.15-2.25 billion.

Ovintiv Inc. (NYSE: OVV) held its 2025 Annual Meeting of Shareholders on May 1, 2025, where several key matters were voted upon. All eleven nominated directors were successfully elected with strong approval ratings, with most receiving over 95% of votes in favor. The company's shareholders also approved other significant measures including: a non-binding advisory vote on executive compensation (93.96% approval), the Third Amendment to the Omnibus Incentive Plan (96.98% approval), and the ratification of PricewaterhouseCoopers LLP as independent auditors (96.24% approval). Notable directors elected include Peter A. Dea, Brendan M. McCracken, and Terri G. King, with King receiving one of the highest approval ratings at 99.81%.