Ovintiv Inc. (OVV)

Ovintiv, Inc. engages in the production and development of oil, natural gas liquids and natural gas producing plays. The firm operates through the following segments: Canadian Operations, USA Operations, and Market Optimization. The Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. The Market Optimization segment’s activities are managed by the Midstream, Marketing & Fundamentals team, which is responsible for the sale of the company’s proprietary production to third party customers. The company was founded in 1881 and is headquartered in Denver, CO.

Address

370 - 17TH STREET, SUITE 1700

DENVER, CO 80202

Founded

1881

Number of Employees

1,743

Website

http://www.ovintiv.com

Buyback

Buyback Data	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	Average
$ Amount Purchased ($ in 000s )	-	-	-	-	-	-	-	$110,994	$719,013	$426,457	$430,051	$421,629
Average Price	-	-	-	-	-	-	-	$36.17	$49.07	$42.99	$47.69	$46.01
# Shares Purchased	-	-	-	-	-	-	-	3,068,293	14,652,195	9,919,286	9,017,763	9,164,384

Buyback Performance	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	Average
Total Return to Date	-	-	-	-	-	-	-	5.0%	-22.6%	-11.6%	-20.3%	-17.4%
S&P 500 Return to Date	-	-	-	-	-	-	-	31.7%	37.3%	31.3%	7.4%	26.9%
Excess Total Return	-	-	-	-	-	-	-	-26.6%	-59.8%	-42.9%	-27.7%	-44.3%
Quartile Rank
Percentile Rank	-	-	-	-	-	-	-	50%	26%	26%	13%	30%

Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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