Ovintiv Inc (Ovintiv) is an oil and gas producer. The company explores, develops, produces and markets natural gas, oil and natural gas liquids (NGLs). Its major resource plays include Montney, Deep Panuke, Wheatland Oil play, Horn River and other emerging plays in Canada. In the US its assets include Permian, Anadarko, Bakken and Uinta. Ovintiv’s natural gas is mainly marketed to local distribution companies, industrials, other producers and energy marketing companies. The company sells its oil, NGLs and condensate to markets in Canada and the US. Ovintiv is headquartered in Calgary, Alberta, Canada.

Headquarters United States of America

Address 370 - 17th Street, Suite 1700, Denver, Colorado, 80202


Telephone 1 303 6232300

No of Employees 1,713

Industry Energy and Utilities

Ticker Symbol & Exchange OVV (NYSE)

Revenue (2020) $8.7B 42.2% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX 123.2% (2020 vs 2019)

Market Cap* $12.6B

Net Profit Margin (2020) XXX 116.3% (2020 vs 2019)

* As of and is in US$

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Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

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Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

80+

Install Base

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ICT Spend & Tech Priorities

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Products and Services

Products
Oil
Natural Gas
Natural Gas Liquids
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In July, the company signed deals with undisclosed firms to divest portions of its oil and gas assets, located in the Uinta and Bakken basins in the US for approximately US$250 million.
2021 Plans/Strategy In March, the company announced its plans to divest its stake in Eagle Ford acreage in Texas, the US for US$800 million.
2020 Plans/Strategy In April, the company announced to reduce second quarter 2020 investments by US$500 million.
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Competitor Comparison

Key Parameters Ovintiv Inc ConocoPhillips Devon Energy Corp Chesapeake Energy Corp Coterra Energy Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Denver Houston Oklahoma City Oklahoma City Houston
State/Province Colorado Texas Oklahoma Oklahoma Texas
No. of Employees 1,713 9,400 1,600 1,300 936
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Peter A. Dea Chairman Executive Board 2020 68
Brendan McCracken Chief Executive Officer; Director; President Executive Board 2021 46
Corey Code Executive Vice President; Chief Financial Officer Senior Management 2019 47
Greg Givens Chief Operating Officer; Executive Vice President Senior Management 2020 49
Meghan Eilers General Counsel; Executive Vice President; Corporate Secretary Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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