OVV Stock Summary and Trading Ideas (Ovintiv (De) | NYSE:OVV)

Ovintiv is an independent oil and gas producer focused on Canada's Montney and the US' Permian basins. Historically, it has been an acquisitive producer across numerous basins and plays but has divested and exited all but two. It remains an active buyer in the remaining footprint. The firm estimates that it has up to 20 and 15 years of inventory remaining in the Montney and Permian basins, respectively.

Ovintiv (De) trades on the NYSE stock market under the symbol OVV.

As of October 2, 2026, OVV stock price climbed to $60.34 with 2,161,428 million shares trading.

OVV has a beta of -0.95, meaning it tends to be less sensitive to market movements. OVV has a correlation of 0.12 to the broad based SPY ETF.

OVV has a market cap of $16.69 billion. This is considered a Large Cap stock.

Last quarter Ovintiv (De) reported $3 billion in Revenue and $1.74 earnings per share. This beat revenue expectation by $615 million and missed earnings estimates by -$.36.

In the last 3 years, OVV traded as high as $67.51 and as low as $29.80.

The top ETF exchange traded funds that OVV belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

OVV has outperformed the market in the last year with a return of +55.6%, while the SPY ETF gained +16.1%. In the last 3 month period, OVV beat the market returning +14.5%, while SPY returned +3.6%. However, in the most recent 2 weeks OVV has underperformed the stock market by returning -3.3%, while SPY returned +1.0%.

OVV support price is $58.62 and resistance is $61.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OVV shares will trade within this expected range on the day.