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    Ovintiv (formerly Encana)

    NYSE: OVV

    Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

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    Upstream · Independent E&P

    Ovintiv (formerly Encana)

    OVV

    Ovintiv is a leading multi-basin E&P company with significant Houston operations and major assets in the Permian Basin, Montney, and Anadarko Basin.

    Founded
    2002 (Encana heritage)
    Employees
    3,000+
    Revenue
    $10 billion (2023)
    HQ
    Denver, CO (Houston operations)
    Permian BasinMontney FormationUinta BasinMulti-Basin

    Ovintiv Inc. (formerly Encana Corporation) is a leading North American resource company with operations in the Permian Basin, Montney formation (Canada), and Uinta Basin. While headquartered in Denver, Ovintiv maintains a significant operational presence in Houston, reflecting the city's central role in US upstream operations. The company rebranded from Encana to Ovintiv in 2020.

    Headquarters

    Denver, CO (Houston operations)

    Founded

    2002 (Encana heritage)

    Employees

    3,000+

    Revenue

    $10 billion (2023)

    CEO

    Brendan McCracken

    History of Ovintiv (formerly Encana)

    The company traces its roots to Encana Corporation, formed in 2002 from the merger of PanCanadian Energy and Alberta Energy Company. Encana rebranded as Ovintiv in 2020 and moved its domicile to the US. The company has shifted its portfolio toward high-return US assets, particularly in the Permian Basin.

    Operations & Business Segments

    Ovintiv operates in three key basins: the Permian Basin (Texas/New Mexico), the Montney formation (British Columbia/Alberta), and the Uinta Basin (Utah). The company focuses on multi-well pad development and technology-driven efficiency improvements.

    Headquarters Location

    Denver, CO (Houston operations)

    Key Specialties & Capabilities

    Permian BasinMontney FormationUinta BasinMulti-BasinUnconventional ResourcesTechnology Innovation

    Frequently Asked Questions About Ovintiv (formerly Encana)

    What is Ovintiv?
    Ovintiv (formerly Encana) is a leading North American E&P company operating in the Permian Basin, Montney, and Uinta Basin. It rebranded from Encana in 2020.
    Does Ovintiv operate in Houston?
    While headquartered in Denver, Ovintiv has significant operational presence in Houston, leveraging the city's energy expertise for its Permian Basin and other US operations.
    Is Ovintiv the same as Encana?
    Yes, Encana Corporation rebranded as Ovintiv Inc. in 2020 when it also moved its corporate domicile from Canada to the United States.
    What does Ovintiv (formerly Encana) do in Houston?
    Ovintiv (formerly Encana) is a upstream company based in Denver, CO (Houston operations). Ovintiv is a leading multi-basin E&P company with significant Houston operations and major assets in the Permian Basin, Montney, and Anadarko Basin.
    Where is Ovintiv (formerly Encana) headquartered?
    Ovintiv (formerly Encana) is headquartered in Denver, CO (Houston operations), founded in 2002 (Encana heritage). The company operates in Houston's energy corridor as part of the upstream sector.

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