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Corporation
ENERGY & UTILITIES | Oil & Gas Production & Exploration
encana.com

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Investments

3

Portfolio Exits

2

Funds

1

Partners & Customers

8

Service Providers

2

About Ovintiv

Ovintiv provides oil and gas services. The Company explores and develops fields to produces oil and natural gas. Ovintiv distributes oil and gas throughout North America.

Ovintiv Headquarter Location

500 Centre Street SE

Calgary, Alberta, T2P 2S5,

Canada

403-645-2000

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Ovintiv Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Ovintiv Rank

Latest Ovintiv News

Ovintiv Stock (OVV): $53 Price Target From JPMorgan

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.

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Ovintiv Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/11/2013

Series B

Alphabet Energy

$16M

Yes

7

8/1/2007

Unattributed VC

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10

Other Investors

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0

Date

3/11/2013

8/1/2007

Round

Series B

Unattributed VC

Other Investors

Company

Alphabet Energy

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Amount

$16M

New?

Yes

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Co-Investors

Sources

7

10

0

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

5/1/2014

Divestiture

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10

Date

6/15/2017

5/1/2014

Exit

Divestiture

Divestiture

Companies

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Valuation

Acquirer

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Sources

1

10

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

$99M

Acq - P2P

5

9/29/2014

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$99M

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10

Date

2/13/2019

9/29/2014

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acq - P2P

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Sources

5

10

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

Navitas Midstream Partners

United States

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10

3/31/2014

Partner

NW Natural

United States

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10

4/3/2013

Partner

Jogmec, and Mitsubishi Corporation

Japan

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10

12/17/2012

Partner

Ferus

Canada

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10

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

Navitas Midstream Partners

NW Natural

Jogmec, and Mitsubishi Corporation

Ferus

Country

China

United States

United States

Japan

Canada

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 .

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Sources

3

10

10

10

10

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

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Service Provider

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Associated Rounds

Acq - P2P

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Provider Type

Investment Bank

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Service Type

Financial Advisor

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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

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