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The latest update is out from Ovintiv ( (OVV) ).
On January 29, 2026, Ovintiv Inc. announced the appointment of Gregory P. Hill as an independent member of its board of directors, effective January 30, 2026, increasing the board size to twelve directors. Hill, who retired in 2025 as President, Worldwide Exploration & Production and Executive Vice President of Hess Corporation, brings more than four decades of global energy industry leadership, including overseeing major portfolio transformations and growth in regions such as Guyana, the Bakken and the Gulf of America, experience that Ovintiv’s chairman said will support the board’s focus on operational excellence, safety culture and long‑term shareholder value; the company noted that Hill’s compensation and indemnification arrangements will align with its standard practices and that there are no related‑party transactions or special arrangements behind his selection.
The most recent analyst rating on (OVV) stock is a Hold with a $47.00 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.
The score is primarily driven by mixed financial performance (declining revenue and free cash flow trends despite strong gross margins and a stable balance sheet). Technicals are supportive with a clear uptrend, but momentum is nearing overbought levels. Valuation is a key drag due to the high P/E, while earnings-call guidance and recent event execution (NuVista approvals, LNG agreement) provide a constructive offset.
To see Spark’s full report on OVV stock, click here.
More about Ovintiv
Ovintiv Inc., listed on the NYSE and TSX under the symbol OVV, is a North American energy company focused on oil and gas exploration and production, operating and developing portfolios across key basins to enhance long-term shareholder value.
Average Trading Volume: 3,591,908
Technical Sentiment Signal: Strong Buy
Current Market Cap: $10.83B
Learn more about OVV stock on TipRanks’ Stock Analysis page.