Investments
3Portfolio Exits
2Funds
1Partners & Customers
8Service Providers
2Ovintiv Web Traffic
Ovintiv Rank
Latest Ovintiv News
Jan 19, 2022
The shares of Ovintiv Inc (NYSE: OVV) have received a $53 price target from JPMorgan. These are the details. The shares of Ovintiv Inc (NYSE: OVV) have received a $53 price target from JPMorgan. And JPMorgan analyst Arun Jayaram downgraded Ovintiv to a “Neutral” rating from an “Overweight” rating without changing the price target. Jayaram is seeing a more balanced risk/reward for the shares relative to the peer group following a 30% move higher over the past month. And this downgrade also reflects Jayaram’s updated 2022 cash return analysis where Ovintiv stands in the middle of the pack and the anticipation of an uncharacteristic fourth-quarter miss. Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.
Ovintiv Investments
3 Investments
Ovintiv has made 3 investments. Their latest investment was in Alphabet Energy as part of their Series B on March 3, 2013.
Ovintiv Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/11/2013 | Series B | Alphabet Energy | $16M | Yes | 7 | |
8/1/2007 | Unattributed VC | |||||
Other Investors |
Date | 3/11/2013 | 8/1/2007 | |
|---|---|---|---|
Round | Series B | Unattributed VC | Other Investors |
Company | Alphabet Energy | ||
Amount | $16M | ||
New? | Yes | ||
Co-Investors | |||
Sources | 7 |
Ovintiv Portfolio Exits
2 Portfolio Exits
Ovintiv has 2 portfolio exits. Their latest portfolio exit was Encana Oil & Gas - Produced Water Infrastructure on June 15, 2017.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
6/15/2017 | Divestiture | 1 | |||
Date | 6/15/2017 | |
|---|---|---|
Exit | Divestiture | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 1 |
Ovintiv Acquisitions
2 Acquisitions
Ovintiv acquired 2 companies. Their latest acquisition was Newfield Exploration on February 13, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
2/13/2019 | Acq - P2P | 5 | ||||
9/29/2014 |
Date | 2/13/2019 | 9/29/2014 |
|---|---|---|
Investment Stage | ||
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acq - P2P | |
Sources | 5 |
Ovintiv Fund History
1 Fund History
Ovintiv has 1 fund, including Environmental Innovation Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/31/2004 | Environmental Innovation Fund | Diversified Private Equity | Closed | 1 |
Closing Date | 12/31/2004 |
|---|---|
Fund | Environmental Innovation Fund |
Fund Type | Diversified Private Equity |
Status | Closed |
Amount | |
Sources | 1 |
Ovintiv Partners & Customers
8 Partners and customers
Ovintiv has 8 strategic partners and customers. Ovintiv recently partnered with PetroChina on September 9, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/1/2020 | Partner | PetroChina | China | PetroChina and Ovintiv end joint venture deal, agree to split Alberta assets PetroChina and Ovintiv Inc. -- formerly known as Encana Corp. -- say they have agreed to terminate their joint venture formed in 2012 to own and develop Duvernay shale assets in west-central Alberta . | 3 |
5/16/2016 | Client | ||||
3/31/2014 | Partner | ||||
4/3/2013 | Partner | ||||
12/17/2012 | Partner |
Date | 9/1/2020 | 5/16/2016 | 3/31/2014 | 4/3/2013 | 12/17/2012 |
|---|---|---|---|---|---|
Type | Partner | Client | Partner | Partner | Partner |
Business Partner | PetroChina | ||||
Country | China | ||||
News Snippet | PetroChina and Ovintiv end joint venture deal, agree to split Alberta assets PetroChina and Ovintiv Inc. -- formerly known as Encana Corp. -- say they have agreed to terminate their joint venture formed in 2012 to own and develop Duvernay shale assets in west-central Alberta . | ||||
Sources | 3 |
Ovintiv Service Providers
2 Service Providers
Ovintiv has 2 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Acq - P2P | Investment Bank | Financial Advisor | |
Service Provider | ||
|---|---|---|
Associated Rounds | Acq - P2P | |
Provider Type | Investment Bank | |
Service Type | Financial Advisor |
Partnership data by VentureSource
Ovintiv Team
2 Team Members
Ovintiv has 2 team members, including current Chief Executive Officer, President, Doug Suttles.
Name | Work History | Title | Status |
|---|---|---|---|
Doug Suttles | Chief Executive Officer, President | Current | |
Sherri Brillon | Chief Financial Officer | Current |
Name | Doug Suttles | Sherri Brillon |
|---|---|---|
Work History | ||
Title | Chief Executive Officer, President | Chief Financial Officer |
Status | Current | Current |