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Ovintiv ( (OVV) ) has provided an update.
On December 10, 2025, Peter Dea announced his retirement from the Ovintiv Board of Directors, effective May 6, 2026, after serving since 2010 and as Chairman since 2020. Steven Nance, with extensive governance and M&A experience, has been elected as the new Chairman, expected to continue strong corporate governance and shareholder engagement.
The most recent analyst rating on (OVV) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Ovintiv stock, see the OVV Stock Forecast page.
Spark’s Take on OVV Stock
According to Spark, TipRanks’ AI Analyst, OVV is a Neutral.
Ovintiv’s overall stock score reflects a balanced view of its financial performance, technical indicators, valuation, and strategic initiatives. The company’s strong technical momentum and strategic growth plans, particularly the acquisition of NuVista Energy, are significant positives. However, high valuation metrics and uncertainties related to asset sales and share buyback pauses present challenges. The score indicates moderate potential for investors, with a focus on strategic execution and market conditions.
To see Spark’s full report on OVV stock, click here.
More about Ovintiv
Ovintiv Inc. operates in the exploration and production (E&P) industry, focusing on oil and gas operations. The company is known for its expertise in sustainability, strategy, and energy-related policy, contributing significantly to shareholder value.
Average Trading Volume: 3,265,077
Technical Sentiment Signal: Buy
Current Market Cap: $10.55B
Learn more about OVV stock on TipRanks’ Stock Analysis page.