Ovintiv Inc. (fka Encana Corp.)

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About

Ovintinv (fka Encana Corp.) is a leading North American energy producer that is focused on growing its strong portfolio of diverse resource plays producing natural gas, oil and NGL. By partnering with employees, community organizations and other businesses, Ovintiv contributes to the strength and sustainability of the communities where it operates. Ovintiv common shares trade on the Toronto and New York stock exchanges under the symbol OVV.

Editor's note: Updated Feb. 4, 2020.

Symbol(s)
NYSE: OVV
TSX: OVV
Headquarters Address

370 17th Street, Suite 1700
Denver, CO 80202
United States

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News

Ovintiv, the oil producer formerly known as Encana, said June 18 it had laid off 25% of its total workforce this month, equally spread…

Upon Michael McAllister’s retirement, CEO Doug Suttles will assume the responsibilities of president at Denver-based Ovintiv Inc.,…

By the time he retired from Newfield Exploration in 2000, Foster had built the E&P company into a thriving multibillion-dollar…

Wellhead flaring of natural gas continues to drop in the Permian Basin as market conditions force operators to slow production from…

Some oil companies, without support from many of their peers, are asking Texas Railroad Commissioners to cut oil production by 20%.

New Financings

Report Date Type Amount (MM) Description
2019-09-04 Encana Corp. Equity $213.00

Encana Corp. announced the final results of its substantial issuer bid under which it has accepted to…

Report Date Type Amount (MM) Description
2019-07-08 Encana Corp. Equity $213.00

Encana Corp. commenced its previously announced substantial issuer bid to purchase for cancellation up to…

Report Date Type Amount (MM) Description
2018-02-26 Encana Corp. Equity $400.00

Commenced a normal course issuer bid through which Encana may spend up to $400 million to purchase up to…

Report Date Type Amount (MM) Description
2018-02-15 Encana Corp. Buyback $400.00

Plans to spend up to $400 million to repurchase up to 35 million common shares.

Report Date Type Amount (MM) Description
2015-03-16 Encana Corp. - 2015-03-16 Equity CA$1,250.00

Completed bought deal offer of about 85.6 million common shares priced at C$14.60 each. Syndicate of…

Activity Highlights

A Meramec completion by Ovintiv Inc. (formerly Encana Corp.) was tested flowing 79 bbl of oil, 2.22 MMcf of gas and 623 bbl of water per day. The horizontal discovery, #4H-30X Channel, is in Section 30-17n-9w of Kingfisher County, Okla. Gauged on…

Two Karnes County (RRC Dist. 2), Texas, Eagle Ford producers were completed at a drillpad by Ovintiv Inc. (formerly Encana Corp.) The Eagleville Field discoveries were drilled from a pad in Erasmo Seguin Survey, A-10. The #1H Hons Unit was…

Calgary-based Encana Corp. completed a horizontal Gallup producer on the North Alamito Unit in the San Juan Basin. The #306H North Alamito Unit is in Section 34-23n-7w, of Sandoval County, N.M. It flowed 274 bbl of 42.4-degree-gravity oil, 3.304…

According to IHS Markit, Calgary, Alberta-based Encana Oil & Gas Corp. has completed the first of two horizontal Gallup producers on the North Alamito Unit in the San Juan Basin. The wells are in Section 34-23n-7w in Sandoval County, N.M…

Calgary-based Encana Corp. has scheduled a six-well horizontal Gallup program on the Venado Canyon Unit in the New Mexico’s San Juan Basin. According to IHS Markit, the Sandoval County ventures will be drilled from three drillpads in Section 12-…

Transactions

Report Date Amount (MM) Description
2020-03-03 $8.50

Empire Petroleum Agrees to Acquire Williston Basin Properties from Ovintiv

Empire Petroleum Agrees to Acquire Williston Basin Properties from Ovintiv

Report Date Amount (MM) Description
2019-10-29

Marketed: Encana Permian Basin Package, Howard County, Texas

Marketed: Encana Permian Basin Package, Howard County, Texas

Report Date Amount (MM) Description
2019-09-23

Marketed: Encana Permian Asset, Howard County, Texas

Marketed: Encana Permian Asset, Howard County, Texas

Report Date Amount (MM) Description
2019-09-06

Marketed: Encana Williston Basin Operated, Nonop Assets

Marketed: Encana Williston Basin Operated, Nonop Assets

Report Date Amount (MM) Description
2019-08-27 $165.00

Encana To Sell Arkoma Basin Assets From Newfield Exploration Deal

Encana To Sell Arkoma Basin Assets From Newfield Exploration Deal