Ovintiv Inc. is a leading North American exploration and production company focused on the development and production of oil, natural gas, and natural gas liquids. The company was originally founded in 1881 as the Canadian Pacific Railway Company and later became Encana Corporation. In 2020, the company changed its name to Ovintiv to reflect its new strategic direction and commitment to innovation and sustainability. Ovintiv is listed on the New York Stock Exchange (NYSE) under the ticker symbol "OVV" and the Toronto Stock Exchange (TSX) under the symbol "OVV."
Ovintiv operates in some of the most prolific oil and gas basins in North America, including the Permian Basin, the Montney Formation, and the Duvernay Formation. The company employs advanced drilling and completion techniques to extract hydrocarbons efficiently and responsibly.
Ovintiv is known for its commitment to innovation and sustainability. The company actively invests in research and development to improve operational efficiencies and reduce its environmental footprint. Ovintiv is also dedicated to responsible development practices and community engagement, aiming to deliver long-term value while respecting the environment and local communities.