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Ovintiv Inc. (OVV)
:OVV
Holding OVV?
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OVV Stock Chart & Stats
Day’s Range― - ―
52-Week Range$36.91 - $55.95
Previous CloseN/A
Volume474.67K
Average Volume (3M)2.89M
Market Cap
$11.95B
Enterprise Value$16.88B
Total Cash (Recent Filing)$834.00M
Total Debt (Recent Filing)$5.77B
Price to Earnings (P/E)6.1
Beta0.74
Next Earnings
Feb 26, 2025EPS Estimate
1.08Last Dividend Ex-Date
Dec 13, 2024Dividend Yield2.61%
Share Statistics
EPS (TTM)7.54
Shares Outstanding260,324,460
10 Day Avg. Volume2,844,278
30 Day Avg. Volume2,887,799
Standard Deviation0.25
R-Squared0.31
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.31
Price to Cash Flow (P/CF)3.30
P/FCF Ratio0.00
Enterprise Value/Market Cap1.41
Enterprise Value/Revenue1.67
Enterprise Value/Gross Profit2.86
Enterprise Value/Ebitda3.23
Forecast
1Y Price Target
$58.00Price Target Upside26.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Ovintiv News
Bulls Say, Bears Say
Bulls Say
Acquisition StrategyDoubling down on flagship Montney assets while streamlining portfolio with minimal net investment is a clear positive, in our view.
Financial PerformanceThe stock is trading at a lower EV/EBITDX and FCF/EV compared to its large cap U.S. E&Ps peers, indicating potential undervaluation.
Operational SynergiesManagement expects ~$300mm/yr incremental free cash flow through a combination of operational and capital expenditure synergies.
Bears Say
Financial StrategyOVV has temporarily paused its share buyback program until the borrowed cash is recovered.
Regulatory RiskRegulatory risk associated with Canadian production has been topical.
Trade And TariffsPotential tariffs on Canadian imports could remain a focus for some investors until there is more clarity from the administration.
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Ownership Overview
0.42% Insiders
25.26% Mutual Funds
0.18% Other Institutional Investors
48.18% 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 Inc.’s price range in the past 12 months?
Ovintiv Inc. lowest stock price was $36.91 and its highest was $55.95 in the past 12 months.
What is Ovintiv Inc.’s market cap?
Ovintiv Inc.’s market cap is $11.95B.
When is Ovintiv Inc.’s upcoming earnings report date?
Ovintiv Inc.’s upcoming earnings report date is Feb 26, 2025 which is in 36 days.
How were Ovintiv Inc.’s earnings last quarter?
Ovintiv Inc. 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 Inc. overvalued?
According to Wall Street analysts Ovintiv Inc.’s price is currently Undervalued.
Does Ovintiv Inc. pay dividends?
Ovintiv Inc. pays a Quarterly dividend of $1.2 which represents an annual dividend yield of 2.61%. See more information on Ovintiv Inc. dividends here
What is Ovintiv Inc.’s EPS estimate?
Ovintiv Inc.’s EPS estimate is 1.08.
How many shares outstanding does Ovintiv Inc. have?
Ovintiv Inc. has 260,324,460 shares outstanding.
What happened to Ovintiv Inc.’s price movement after its last earnings report?
Ovintiv Inc. 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 3.903%.
Which hedge fund is a major shareholder of Ovintiv Inc.?
Currently, no hedge funds are holding shares in OVV
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Ovintiv Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$58.00 (26.80% Upside)
$58.00 (26.80% Upside)
Blogger Sentiment
Neutral
OVV Sentiment 50%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 61.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.4%
Last 30 Days ▲ 5.2%
Last 30 Days ▲ 5.2%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.72%
12-Months-Change
Fundamentals
Return on Equity
20.20%
Trailing 12-Months
Asset Growth
-0.21%
Trailing 12-Months
Company Description
Ovintiv Inc.
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
Earnings Call Sentiment|Positive
The earnings call highlighted Ovintiv's strong financial performance, production outperformance, and significant operational efficiency gains, alongside effective debt reduction and shareholder returns. Despite challenges from low oil prices and exposure to volatile gas markets, the company's overall results were positive.Read More>---
OVV Stock 12 Month Forecast
Average Price Target
$58.00
▲(26.80% Upside)
Technical Analysis
Best Analysts Covering OVV
1 Year
1 Year Success Rate
16/23 ratings generated profit
1 Year Average Return
+52.16%
reiterated a buy rating 2 months ago
Copying Lloyd Byrne's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +52.16% per trade.
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