Ovintiv Inc. $OVV Shares Bought by Entropy Technologies LP

Entropy Technologies LP increased its stake in Ovintiv Inc. (NYSE:OVV) by 116.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 72,037 shares of the company’s stock after acquiring an additional 38,687 shares during the period. Entropy Technologies LP’s holdings in Ovintiv were worth $4,276,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of OVV. Steph & Co. acquired a new position in Ovintiv during the first quarter worth approximately $29,000. Flagship Harbor Advisors LLC purchased a new position in Ovintiv during the fourth quarter worth approximately $38,000. Los Angeles Capital Management LLC acquired a new position in shares of Ovintiv in the 4th quarter valued at $46,000. Deseret Mutual Benefit Administrators grew its stake in shares of Ovintiv by 27.6% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,328 shares of the company’s stock valued at $52,000 after buying an additional 287 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of Ovintiv by 58.4% during the 3rd quarter. IFP Advisors Inc now owns 1,340 shares of the company’s stock valued at $54,000 after buying an additional 494 shares during the period. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OVV has been the topic of several research reports. Morgan Stanley cut their target price on Ovintiv from $68.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Monday, June 29th. Bank of America boosted their price target on Ovintiv from $63.00 to $68.00 and gave the company a “buy” rating in a research report on Thursday, April 2nd. Texas Capital upgraded Ovintiv to a “strong-buy” rating in a research note on Thursday, June 25th. UBS Group cut their price objective on Ovintiv from $76.00 to $75.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Finally, Wall Street Zen raised Ovintiv from a “hold” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ovintiv presently has a consensus rating of “Moderate Buy” and an average price target of $65.68.

Ovintiv Stock Performance

NYSE:OVV opened at $63.08 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $17.73 billion, a price-to-earnings ratio of 17.82 and a beta of 0.53. The firm’s fifty day simple moving average is $56.37 and its 200 day simple moving average is $53.10. Ovintiv Inc. has a twelve month low of $35.47 and a twelve month high of $64.61.

Ovintiv (NYSE:OVV) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.20). Ovintiv had a return on equity of 15.01% and a net margin of 9.43%.The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.37 billion. As a group, equities research analysts expect that Ovintiv Inc. will post 7.08 earnings per share for the current fiscal year.

Ovintiv Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, September 15th. Ovintiv’s payout ratio is currently 33.90%.

Trending Headlines about Ovintiv

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: Ovintiv reported robust Q2 cash flow, including $1.6 billion from operations and $682 million in free cash flow, while returning a large portion of that cash to shareholders through buybacks and dividends. The company also said full-year shareholder returns are expected to exceed 60% of free cash flow. Ovintiv Reports Second Quarter 2026 Financial and Operating Results
• Positive Sentiment: The company raised full-year 2026 production guidance, citing higher expected oil and condensate output without increasing capital spending, which suggests improving efficiency and stronger operating leverage. Ovintiv Reports Second Quarter 2026 Financial and Operating Results
• Positive Sentiment: Ovintiv completed the sale of its Anadarko assets for about $2.82 billion in cash and ended the quarter with net debt of $2.995 billion, or just 0.6x adjusted EBITDA, reinforcing a cleaner balance sheet. Ovintiv Reports Second Quarter 2026 Financial and Operating Results
• Neutral Sentiment: The company declared a quarterly dividend of $0.30 per share, which supports its income profile but was largely expected.
• Negative Sentiment: Second-quarter earnings per share of $1.74 missed analyst estimates of around $1.91 to $1.94, which may cap some of the upside from the otherwise strong operating results. Ovintiv (OVV) Lags Q2 Earnings Estimates

Ovintiv Company Profile

Ovintiv Inc is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv’s upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company’s core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada.