Hotchkis & Wiley Capital Management Reduces $14M in Ovintiv Inc. ($OVV)
Key Points
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Hotchkis & Wiley Capital Management trimmed its position in Ovintiv Inc. ($OVV) by 3.08% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,501,093 shares of Ovintiv Inc. after selling 269,900 shares during the quarter. Hotchkis & Wiley Capital Management's holdings in Ovintiv Inc. were worth $447.58 million as of its most recent filing.
Ovintiv Inc. Stock Down 18.5%
Shares of Ovintiv Inc. ($OVV) traded around $52.65 on Saturday, down 18.5% for the day.
Ovintiv Inc. Earnings
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Analysts Set New Price Targets
About Ovintiv Inc.
Ovintiv Inc., together with its subsidiaries, operates as an oil and natural gas exploration and production company in North America. The company operates through USA Operations and Canadian Operations segments. It is involved in the exploration, development, production, and marketing of oil, NGLs, natural gas and other related activities in the Permian in West Texas and Anadarko in West-central Oklahoma in the United States, as well as in the Montney in northwest Alberta and northeast British Columbia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.
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