Evergreen Capital Invests $60.87M in Ovintiv, New Position in Top Ten Holdings

Evergreen Capital added 1.4% of its assets under management to Ovintiv, acquiring 1,507,331 shares valued at $60.87 million. Ovintiv is a North American energy producer with a multi-basin portfolio. The stock is down from its 52-week high of $47.18, but Ovintiv projects higher full-year 2025 production, which should contribute to higher revenue in upcoming quarters.