11:29 AM EDT, 04/03/2024 (MT Newswires) -- Morningstar DBRS on Wednesday confirmed Ovintiv's ( OVV ) issuer rating and unsecured senior notes rating at BBB (low), both with stable trends.

The confirmation and stable trend reflect the rating agency's view that no material changes to Ovintiv's ( OVV ) credit fundamentals are expected in the near term.

The oil and gas producer's shares were up C$0.78 to C$72.04 on last look on the Toronto Stock Exchange.

Price: 72.06, Change: +0.80, Percent Change: +1.12