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Ovintiv (DE:47Q)
FRANKFURT:47Q
Holding DE:47Q?
Track your performance easily
47Q Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€36.25 - €51.40
Previous Close€38.51
Volume0.00
Average Volume (3M)215.00
Market Cap
€10.44B
Enterprise Value€16.70B
Total Cash (Recent Filing)$8.00M
Total Debt (Recent Filing)$6.98B
Price to Earnings (P/E)5.9
Beta0.42
Next Earnings
Nov 05, 2024EPS Estimate
€1.43Next Dividend Ex-Date
Sep 13, 2024Dividend Yield2.74%
Share Statistics
EPS (TTM)6.56
Shares Outstanding264,100,000
10 Day Avg. Volume0
30 Day Avg. Volume215
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.14
Price to Sales (P/S)0.84
Price to Cash Flow (P/CF)2.20
P/FCF Ratio2.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.59
Enterprise Value/Gross Profit2.83
Enterprise Value/Ebitda3.38
Forecast
1Y Price Target
€55.00Price Target Upside42.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Ovintiv News
PremiumCompany Announcements
Ovintiv Inc. Reports Profitable Q2 with Raised Production
Bulls Say, Bears Say
Bulls Say
Production GuidanceThe company raised guidance for both oil and total production, easing concerns over longer-term inventory.
Shareholder ReturnsOVV returned $242mn to shareholders in 2Q through $80mn base dividend and $162mn share buybacks.
Well ProductivityHigh-performing wells in the Montney region are performing approximately 8% above the type curve.
Bears Say
Asset QualityEarly results from Midland basin wells are underperforming compared to company standards, raising concerns about asset quality.
CompetitionThe company faces significant competition from established players in the industry.
Production GuidanceOil and condensate production guidance raise is below market expectations and suggests a decline in the fourth quarter.
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Options Prices
Currently, No data available
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Ownership Overview
1.89% Insiders
31.46% Mutual Funds
40.41% Other Institutional Investors
26.24% Public Companies and
Individual Investors
47Q FAQ
What was Ovintiv’s price range in the past 12 months?
Ovintiv lowest stock price was €36.25 and its highest was €51.40 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 Nov 05, 2024 which is in 66 days.
How were Ovintiv’s earnings last quarter?
Ovintiv released its earnings results on Jul 30, 2024. The company reported €1.1 earnings per share for the quarter, missing the consensus estimate of €1.205 by -€0.105.
Is Ovintiv overvalued?
According to Wall Street analysts Ovintiv’s price is currently Undervalued.
Does Ovintiv pay dividends?
Ovintiv pays a Quarterly dividend of €0.27 which represents an annual dividend yield of 2.74%. See more information on Ovintiv dividends here
What is Ovintiv’s EPS estimate?
Ovintiv’s EPS estimate is €1.43.
How many shares outstanding does Ovintiv have?
Ovintiv has 263,608,150 shares outstanding.
What happened to Ovintiv’s price movement after its last earnings report?
Ovintiv reported an EPS of €1.1 in its last earnings report, missing expectations of €1.205. Following the earnings report the stock price went up 1.44%.
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 328M.
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Ovintiv Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€55.00 (42.82% Upside)
€55.00 (42.82% Upside)
Blogger Sentiment
Bullish
DE:47Q Sentiment 83%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth $204.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.17%
12-Months-Change
Fundamentals
Return on Equity
19.75%
Trailing 12-Months
Asset Growth
1.49%
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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47Q Company Deck
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47Q Earnings Call
Q2 2024
0:00 / 0:00
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47Q Stock 12 Month Forecast
Average Price Target
€55.00
▲(42.82% Upside)
Technical Analysis
Best Analysts Covering 47Q
1 Year
1 Year Success Rate
18/25 ratings generated profit
1 Year Average Return
+38.46%
reiterated a buy rating 23 days ago
Copying Josh Silverstein's trades and holding each position for 1 Year would result in 72.00% of your transactions generating a profit, with an average return of +38.46% per trade.
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