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Stock impact report

Ovintiv (OVV) Price Target Raised to $55 [Yahoo! Finance]

Ovintiv Inc. (DE) (OVV) 
Last ovintiv inc. (de) earnings: 2/19 08:54 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Ovintiv Inc. (NYSE:OVV) is a leading North American exploration and production company focused on developing its high-quality, multi-basin portfolio. On December 12, UBS slightly raised its price target on Ovintiv Inc. (NYSE:OVV) from $54 to $55, while maintaining a ‘Buy' rating on the shares. The analyst noted that the energy sector seems well-positioned for a stronger 2026 after three years of limited gains. The firm expects the sector's growth to be driven by an improving oil and natural gas outlook, M&A-driven value creation, cost and capex efficiencies, emerging OFS opportunities, and attractive valuations. While natural gas and E&P stocks are favored, the positive momentum is also expected to spread broadly across oil E&Ps and OFS. In other positive news, it was reported on December 15 that Ovintiv Inc. (NYSE:OVV) has signed a 12-year agreement with Pembina Pipeline Corp. for 500,000 metric tons/year of liquefaction capacity at the latter's Cedar LNG facility. The $4 billio Show less Read more
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