Ovintiv

Ovintiv Inc. is an independent energy producer focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. Headquartered in Denver, Colorado, the company’s operations are primarily located in the United States and Canada.

Ovintiv was formerly known as Encana Corporation. The name change to Ovintiv became effective on January 29, 2020, along with a relocation of the corporate headquarters from Calgary, Alberta, to Denver. The rebranding was intended to reflect a shift in the company's strategic focus towards the United States and a more balanced portfolio of oil and natural gas assets. The new name, "Ovintiv," was designed to be a completely new word, not tied to any existing geographic location or historical connotation.

The company’s history dates back to the creation of the Canadian Pacific Railway in the 19th century and its subsequent involvement in natural resource development. Over time, through various mergers and acquisitions, the company evolved into a major player in the North American energy sector. Prior to the name change, Encana had a significant presence in the natural gas market. The strategic shift and rebranding to Ovintiv aimed to broaden its investor base and emphasize its commitment to both oil and gas production.

Ovintiv trades on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the ticker symbol "OVV." The company reports its financial results in U.S. dollars.