Encana becomes Ovintiv

Common stock of Ovintiv Inc. will begin trading under the symbol OVV on the New York Stock Exchange and the Toronto Stock Exchange on Jan. 27 following completion of Encana Corp.’s reorganization transactions, the company said Jan. 24.

The reorganization establishes the company’s corporate domicile in the US and allows it to rebrand as Ovintiv Inc. The company received final approval from the Court of Queen’s Bench of Alberta Jan. 21. (OGJ Online, Jan. 21, 2019).

Common shares of Encana will be suspended from trading on the NYSE and the TSX prior to the opening of trading Jan. 27.