Ovintiv Inc. $OVV Shares Acquired by SCP Investment LP

Posted by Brian Himes on Jun 3rd, 2026

SCP Investment LP grew its position in Ovintiv Inc. (NYSE:OVV – Free Report) by 511.8% in the fourth quarter, HoldingsChannel reports. The fund owned 41,600 shares of the company’s stock after acquiring an additional 34,800 shares during the quarter. Ovintiv accounts for about 1.3% of SCP Investment LP’s portfolio, making the stock its 16th largest position. SCP Investment LP’s holdings in Ovintiv were worth $1,630,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of OVV. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Ovintiv during the 3rd quarter worth about $36,000. Flagship Harbor Advisors LLC acquired a new position in shares of Ovintiv during the 4th quarter worth about $38,000. IFP Advisors Inc raised its position in shares of Ovintiv by 58.4% during the 3rd quarter. IFP Advisors Inc now owns 1,340 shares of the company’s stock worth $54,000 after purchasing an additional 494 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Ovintiv during the 3rd quarter worth about $58,000. Finally, CIBC Private Wealth Group LLC raised its position in shares of Ovintiv by 258.2% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,576 shares of the company’s stock worth $64,000 after purchasing an additional 1,136 shares during the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Insider Transactions at Ovintiv

In related news, EVP Meghan Nicole Eilers sold 11,582 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $54.78, for a total transaction of $634,461.96. Following the completion of the sale, the executive vice president owned 54,092 shares of the company’s stock, valued at approximately $2,963,159.76. This represents a 17.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Ovintiv Stock Up 0.7%

Shares of NYSE OVV opened at $58.57 on Wednesday. Ovintiv Inc. has a 12-month low of $35.47 and a 12-month high of $63.46. The stock has a market cap of $16.46 billion, a PE ratio of 18.89 and a beta of 0.53. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average of $58.03 and a 200 day moving average of $48.71.

Ovintiv (NYSE:OVV – Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.15. Ovintiv had a net margin of 8.51% and a return on equity of 13.14%. The company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.38 billion. As a group, sell-side analysts predict that Ovintiv Inc. will post 8.15 EPS for the current fiscal year.

Ovintiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th. Ovintiv’s dividend payout ratio is currently 38.71%.

Wall Street Analyst Weigh In

OVV has been the subject of several research analyst reports. Weiss Ratings downgraded shares of Ovintiv from a “buy (b-)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Zacks Research upgraded shares of Ovintiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 15th. The Goldman Sachs Group upped their price target on shares of Ovintiv from $49.00 to $62.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Wells Fargo & Company upped their price target on shares of Ovintiv from $55.00 to $57.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 14th. Finally, Roth Mkm upped their price target on shares of Ovintiv from $42.00 to $50.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ovintiv has an average rating of “Moderate Buy” and a consensus target price of $63.00.

Read Our Latest Analysis on Ovintiv

Ovintiv Company Profile

(Free Report)

Ovintiv Inc is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv’s upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company’s core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada.