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0.00180572851805741 0 -0.00311332503113325 -0.00174346201743445 0.0062266500622665 0.00547945205479467 0.00448318804483205 0.00448318804483205
Stock impact report

Ovintiv gains amid speculation on Coterra Energy approach [Seeking Alpha]

Ovintiv Inc. (DE) (OVV) 
Last ovintiv inc. (de) earnings: 2/19 08:54 pm Check Earnings Report
Company Research Source: Seeking Alpha
Ovintiv ( OVV ) is speculated to be been approached by Coterra Energy about a possible takeover, according to a StreetInsider report on Tuesday. Ovintiv is believed to have hired an investment bank amid the interest. Neither company responded to StreetInsider's requests for comment. Ovintiv ( OVV ) has a market cap of $10 billion, while Coterra ( CTRA ) is valued at $17.7 billion. The speculation comes after Bloomberg reported in August that Ovintiv ( OVV ) is considering a possible sale of its operations in the Uinta Basin, which could fetch as much as $2 billion. Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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