Ovintiv, Inc. engages in the production and development of oil, natural gas liquids and natural gas producing plays. The company is headquartered in Denver, Colorado and currently employs 1,465 full-time employees. The company went IPO on 2001-08-21. Its exploration and production activities are subdivided into two geographic segments, including the USA Operations and Canadian Operations. These segment's activities also include third-party purchases and sales of products to provide operational flexibility and cost mitigation for transportation commitments, product type, delivery points and customer diversification. Its assets include Permian Basin and Montney. The Permian Basin is the productive oil-producing region in the United States. Its operations are concentrated in the oil-rich Midland Basin in Texas, where it holds a large position. The Montney is an unconventional oil and natural gas resource play in North America. The company is a long-standing operator in the play, with a large, contiguous land position across the core of the basin in Alberta and British Columbia.
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