Ovintiv (OVV) news

S&P revises Ovintiv outlook to positive, ratings affirmed

S&P Global Ratings has revised the outlook for Ovintiv Inc. to "positive," while affirming its credit ratings, reflecting improved financial metrics and operational performance. Ovintiv’s long-term senior unsecured debt rating remains at 'BBB-', with a stable trend outlook . The agency cited the…

RBC raises target price to $85 from $70 for Ovintiv Inc

Royal Bank of Canada (RBC) has increased its target price for Ovintiv Inc. (OVV) to $85 from $70, reflecting a more optimistic outlook on the company’s financial and operational performance. The adjustment follows a recent analysis of Ovintiv’s production growth, cost management, and capital…

Ovintiv increasing share buybacks

Ovintiv Inc. has announced an increase in its share buyback program, reflecting its confidence in the company’s financial position and long-term value. The updated program allows for the repurchase of up to 10 million common shares, representing 5% of outstanding shares . This move follows a period…

Ovintiv sees FY natural gas production 2,025 to 2,075 MMCF/d

Ovintiv Inc. has outlined its 2026 natural gas production guidance, projecting output between 2,000 and 2,100 million cubic feet per day (MMcf/d) for the full year. This range reflects the company’s strategic focus on maintaining production stability while optimizing capital efficiency across its…

Ovintiv Inc: JP Morgan cuts target price to $63 from $68