Ovintiv Inc - Company Profile
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Ovintiv Inc (Ovintiv) is a North American oil and natural gas exploration and production company. The company focuses on developing a multi-basin portfolio of high-quality assets in the United States and Canada. Ovintiv's major products include oil, natural gas liquids (NGLs), and natural gas. 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 Denver, Colorado, the US.
Ovintiv Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Oil |
| Natural Gas |
| Natural Gas Liquids (NGLs) |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Asset Disposal | In April, the company sold its Anadarko assets in Oklahoma to an undisclosed buyer for US$3 billion. |
| 2026 | Acquisitions/Mergers/Takeovers | In February, Ovintiv Canada ULC acquired NuVista Energy Ltd. for US$2.7 billion. |
| 2025 | Contracts/Agreements | In December, the company signed an agreement for 0.5 million tonnes per annum of Pembina's liquefaction capacity at the Cedar LNG facility. |
Competitor Comparison
| Key Parameters | Ovintiv Inc | Canadian Natural Resources Ltd | EOG Resources Inc | Occidental Petroleum Corp | Pioneer Natural Resources Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | Canada | United States of America | United States of America | United States of America |
| City | Denver | Calgary | Houston | Houston | Irving |
| State/Province | Colorado | Alberta | Texas | Texas | Texas |
| No. of Employees | 1,465 | 10,750 | 3,400 | 10,412 | 2,213 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Steven W. Nance | Chairman | Executive Board | 2026 | 68 |
| Brendan M. McCracken | President; Chief Executive Officer; Director | Executive Board | 2021 | 49 |
| Corey D. Code | Executive Vice President; Chief Financial Officer | Senior Management | 2019 | 51 |
| Greg D. Givens | Executive Vice President; Chief Operating Officer | Senior Management | 2019 | 52 |
| Meghan N. Eilers | Executive Vice President - Midstream & Marketing; General Counsel | Senior Management | 2024 | 43 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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