Ovintiv Inc. (OVV) has disclosed a new risk, in the Corporate Activity and Growth category.
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Ovintiv Inc. faces significant business risks following its acquisition of NuVista, as the success of this merger hinges on the effective integration of both companies’ operations. The anticipated benefits and cost savings may not materialize as planned, potentially due to challenges in combining systems, management controls, and business relationships. Furthermore, unforeseen liabilities and expenses could emerge, complicating the realization of operating synergies. These factors could adversely impact Ovintiv’s financial results if not managed efficiently and promptly.
The average OVV stock price target is $49.77, implying 35.84% upside potential.
To learn more about Ovintiv Inc.’s risk factors, click here.