Ovintiv (OVV) Fell This Week. Here is Why.

The share price of Ovintiv Inc. (NYSE:OVV) fell by 7.07% between September 26 and October 3, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Ovintiv (OVV) Fell This Week. Here is Why.

Ovintiv Inc. (NYSE:OVV) is a leading North American exploration and production company focused on developing its high-quality, multi-basin portfolio.

Ovintiv Inc. (NYSE:OVV) suffered a setback this week after JP Morgan analyst Arun Jayaram lowered the stock’s price target from $50 to $47, while maintaining an ‘Overweight’ rating on its shares. Additionally, the declining global crude oil prices over the last week also seem to have weighed the stock down.

However, Ovintiv Inc. (NYSE:OVV) continues to reward its shareholders and recently announced that it has received the necessary regulatory approvals for the renewal of its share buy-back program. The company intends to purchase up to 22.29 million common shares over the next year, representing 10% of its public float as of September 26, 2025.

While we acknowledge the potential of OVV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OVV and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.