Ovintiv Inc
OVV: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@K | LOCK|w$c | LOCK|Npv%V^Y |
Ovintiv: Launching Coverage With No Moat; Shares Look Undervalued
We are initiating coverage on Ovintiv, an exploration & production firm focused on the Permian and Montney shale plays. Over the last few years, it has divested from noncore positions, completing the process earlier this year with the sale of its Anadarko assets.
