Ovintiv Inc
OVV: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| tJY | LOCK|yNM | LOCK|%ZnG&& |
Ovintiv Targets Incremental Growth Through Efficiencies and Inventory Replacement
Business Strategy and Outlook
Ovintiv is an independent oil and gas producer focused on Canada’s Montney and the US’ Permian basins. The company seeks a maintenance program across its portfolio, boosting output from efficiency gains and pushing down the required capital spending to hold production flat.
