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Ovintiv (OVV)
NYSE:OVV
Holding OVV?
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OVV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$36.91 - $55.95
Previous Close$46.59
Volume2.84M
Average Volume (3M)3.31M
Market Cap
$12.13B
Enterprise Value$20.97B
Total Cash (Recent Filing)$8.00M
Total Debt (Recent Filing)$6.98B
Price to Earnings (P/E)6.2
Beta0.82
Next Earnings
Mar 04, 2025EPS Estimate
$1.02Next Dividend Ex-Date
Dec 13, 2024Dividend Yield2.62%
Share Statistics
EPS (TTM)7.54
Shares Outstanding264,100,000
10 Day Avg. Volume3,837,374
30 Day Avg. Volume3,305,954
Standard Deviation0.25
R-Squared0.30
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.17
Price to Sales (P/S)1.17
Price to Cash Flow (P/CF)3.00
P/FCF Ratio2.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.01
Enterprise Value/Gross Profit3.55
Enterprise Value/Ebitda4.23
Forecast
1Y Price Target
$57.57Price Target Upside23.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Ovintiv News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe acquisition is expected to drive a $300 million annual free cash flow uplift for at least 15 years.
Operational EfficiencyTotal volumes are expected to be more productive due to Canadian assets, leading to higher free cash flow through better realizations and lower costs.
ValuationThe stock is trading at a lower EV/EBITDX and FCF/EV compared to its large cap U.S. E&Ps peers, indicating potential undervaluation.
Bears Say
Pricing And PerformanceThe company's pricing has decreased by approximately 8% quarter over quarter, which offsets the strong operational performance.
Production Guidance4Q24 oil/condensate production guidance was set lower than expected, contributing to higher capital expenditures.
Share Buyback ProgramOVV has temporarily paused its share buyback program until the borrowed cash is recovered.
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Ownership Overview
0.50% Insiders
25.46% Mutual Funds
17.16% Other Institutional Investors
31.37% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OVV FAQ
What was Ovintiv’s price range in the past 12 months?
Ovintiv lowest stock price was $36.91 and its highest was $55.95 in the past 12 months.
What is Ovintiv’s market cap?
Currently, no data Available
When is Ovintiv’s upcoming earnings report date?
Ovintiv’s upcoming earnings report date is Mar 04, 2025 which is in 101 days.
How were Ovintiv’s earnings last quarter?
Ovintiv released its earnings results on Nov 07, 2024. The company reported $1.863 earnings per share for the quarter, beating the consensus estimate of $1.168 by $0.695.
Is Ovintiv overvalued?
According to Wall Street analysts Ovintiv’s price is currently Undervalued.
Does Ovintiv pay dividends?
Ovintiv pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 2.62%. See more information on Ovintiv dividends here
What is Ovintiv’s EPS estimate?
Ovintiv’s EPS estimate is $1.02.
How many shares outstanding does Ovintiv have?
Ovintiv has 260,324,460 shares outstanding.
What happened to Ovintiv’s price movement after its last earnings report?
Ovintiv reported an EPS of $1.863 in its last earnings report, beating expectations of $1.168. Following the earnings report the stock price went up 3.899%.
Which hedge fund is a major shareholder of Ovintiv?
Among the largest hedge funds holding Ovintiv’s share is Hotchkis & Wiley Capital Management LLC. It holds Ovintiv’s shares valued at 315M.
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Ovintiv Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$57.57 (23.25% Upside)
$57.57 (23.25% Upside)
Blogger Sentiment
Bullish
OVV Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 61.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.17%
12-Months-Change
Fundamentals
Return on Equity
20.20%
Trailing 12-Months
Asset Growth
-0.21%
Trailing 12-Months
Company Description
Ovintiv
Ovintiv, Inc. produces and develops multi-basin portfolio of oil, natural gas liquids and natural gas producing plays. The firm operates through the following segments: Canadian Operations, USA Operations and Market Optimization. The Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. The Market Optimization segment's activities are managed by the Midstream, Marketing & Fundamentals team, which is primarily responsible for the sale of the Company's proprietary production to third party customers. The company was founded in 1881 and is headquartered in Denver, CO.
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OVV Company Deck
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OVV Earnings Call
Q3 2024
0:00 / 0:00
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OVV Stock 12 Month Forecast
Average Price Target
$57.57
▲(23.25% Upside)
Technical Analysis
Best Analysts Covering OVV
1 Year
1 Year Success Rate
18/23 ratings generated profit
1 Year Average Return
+52.85%
reiterated a buy rating 12 days ago
Copying Lloyd Byrne's trades and holding each position for 1 Year would result in 78.26% of your transactions generating a profit, with an average return of +52.85% per trade.
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