Reported 3 days ago
Ovintiv Inc. (NYSE:OVV) experienced a 7.07% drop in its stock price from September 26 to October 3, 2025, following a downgrade in its price target by JP Morgan analyst Arun Jayaram. The decline in global crude oil prices also contributed to the stock's poor performance. Despite these setbacks, Ovintiv announced the approval of its share buy-back program, aiming to purchase up to 22.29 million shares, which reflects its commitment to shareholder returns.
Source: YAHOO