Ovintiv Inc.: Rating Report

On April 12, 2021, DBRS Limited (DBRS Morningstar) changed the trends on Ovintiv Inc.’s (the Company) Issuer Rating and Unsecured Senior Notes rating to Stable from Negative and confirmed the ratings at BBB (low). The change in trend and ratings confirmation reflect the meaningful progress made by the Company toward its deleveraging target and DBRS Morningstar's improved outlook for commodity prices.