Analysts’ Weekly Ratings Updates for Ovintiv (OVV)

A number of research firms have changed their ratings and price targets for Ovintiv (NYSE: OVV):

• 6/9/2026 – Ovintiv was given a new $70.00 price target by Royal Bank Of Canada. They now have an “outperform” rating on the stock.
• 6/6/2026 – Ovintiv was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/27/2026 – Ovintiv had its price target raised by Mizuho from $69.00 to $75.00. They now have an “outperform” rating on the stock.
• 5/26/2026 – Ovintiv had its price target raised by Barclays PLC from $68.00 to $75.00. They now have an “overweight” rating on the stock.
• 5/20/2026 – Ovintiv was upgraded by Scotiabank from “outperform” to “buy”.
• 5/20/2026 – Ovintiv had its price target raised by Scotiabank from $67.00 to $70.00. They now have a “sector outperform” rating on the stock.
• 5/15/2026 – Ovintiv was upgraded by Zacks Research from “hold” to “strong-buy”.
• 5/14/2026 – Ovintiv had its price target raised by Wells Fargo & Company from $55.00 to $57.00. They now have an “equal weight” rating on the stock.
• 5/13/2026 – Ovintiv had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $70.00 price target on the stock.
• 5/13/2026 – Ovintiv had its price target lowered by Truist Financial Corporation from $72.00 to $70.00. They now have a “buy” rating on the stock.
• 5/13/2026 – Ovintiv had its price target raised by Mizuho from $68.00 to $69.00. They now have an “outperform” rating on the stock.
• 5/12/2026 – Ovintiv was downgraded by Weiss Ratings from “buy (b-)” to “hold (c)”.
• 5/12/2026 – Ovintiv had its price target raised by Scotiabank from $65.00 to $67.00. They now have a “sector outperform” rating on the stock.
• 5/12/2026 – Ovintiv had its price target raised by Barclays PLC from $62.00 to $68.00. They now have an “overweight” rating on the stock.
• 5/12/2026 – Ovintiv had its price target raised by National Bank Financial from $80.00 to $82.00. They now have an “outperform” rating on the stock.
• 5/2/2026 – Ovintiv was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/20/2026 – Ovintiv was given a new $55.00 price target by Wells Fargo & Company.
• 4/18/2026 – Ovintiv was upgraded by Wall Street Zen from “hold” to “buy”.
• 4/13/2026 – Ovintiv had its price target raised by Truist Financial Corporation from $70.00 to $72.00. They now have a “buy” rating on the stock.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. Ovintiv’s payout ratio is 38.71%.

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.