Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Ovintiv (TSE:OVV)
TSX:OVV
Holding TSE:OVV?
Track your performance easily
OVV Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$49.74 - C$76.63
Previous CloseN/A
Volume43.89K
Average Volume (3M)131.34K
Market Cap
$16.93B
Enterprise ValueC$16.88B
Total Cash (Recent Filing)$834.00M
Total Debt (Recent Filing)$5.77B
Price to Earnings (P/E)6.3
Beta1.23
Next Earnings
Feb 26, 2025EPS Estimate
1.59Last Dividend Ex-Date
Dec 13, 2024Dividend Yield2.67%
Share Statistics
EPS (TTM)10.26
Shares Outstanding260,324,460
10 Day Avg. Volume148,917
30 Day Avg. Volume131,339
Standard Deviation0.24
R-Squared0.39
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.28
Price to Cash Flow (P/CF)3.20
P/FCF Ratio0.00
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue1.67
Enterprise Value/Gross Profit2.86
Enterprise Value/Ebitda3.23
Forecast
1Y Price Target
C$83.60Price Target Upside31.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Ovintiv News
PremiumCompany Announcements
Ovintiv Appoints Energy Veteran Terri King to Board
PremiumCompany Announcements
Ovintiv’s Strategic Asset Sale and Acquisition MovesBulls Say, Bears Say
Bulls Say
Acquisition ImpactThe acquisition of POU's Grand Prairie acreage significantly improves Ovintiv's oil productivity in the Montney region.
Financial PerformanceThe company achieves a cost structure optimization with more than $300 million of incremental free cash flow post-transaction, driven by higher volume and realizations.
Valuation PotentialThe 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
Import TariffsPotential tariffs on Canadian imports could remain a focus for some investors until there is more clarity from the administration.
Regulatory RiskRegulatory risk associated with Canadian production has been topical.
Share Buyback ProgramOVV has temporarily paused its share buyback program until the borrowed cash is recovered.
---
Options Prices
Currently, No data available
---
Ownership Overview
0.42% Insiders
25.26% Mutual Funds
0.18% Other Institutional Investors
48.18% Public Companies and Individual Investors
OVV FAQ
What was Ovintiv’s price range in the past 12 months?
Ovintiv lowest stock price was C$49.74 and its highest was C$76.63 in the past 12 months.
What is Ovintiv’s market cap?
Ovintiv’s market cap is $16.93B.
When is Ovintiv’s upcoming earnings report date?
Ovintiv’s upcoming earnings report date is Feb 26, 2025 which is in 26 days.
How were Ovintiv’s earnings last quarter?
Ovintiv released its earnings results on Nov 07, 2024. The company reported C$2.679 earnings per share for the quarter, beating the consensus estimate of C$1.68 by C$1.
Is Ovintiv overvalued?
According to Wall Street analysts Ovintiv’s price is currently Undervalued.
Does Ovintiv pay dividends?
Ovintiv pays a Quarterly dividend of C$1.739 which represents an annual dividend yield of 2.67%. See more information on Ovintiv dividends here
What is Ovintiv’s EPS estimate?
Ovintiv’s EPS estimate is 1.59.
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 C$2.679 in its last earnings report, beating expectations of C$1.68. Following the earnings report the stock price went up 4.416%.
Which hedge fund is a major shareholder of Ovintiv?
Currently, no hedge funds are holding shares in TSE:OVV
---
Ovintiv Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$83.60 (31.21% Upside)
C$83.60 (31.21% Upside)
Blogger Sentiment
Neutral
TSE:OVV Sentiment 50%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.31%
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.
---
OVV Company Deck
---
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
C$83.60
▲(31.21% Upside)
Technical Analysis
Best Analysts Covering OVV
1 Year
1 Year Success Rate
19/28 ratings generated profit
1 Year Average Return
+35.16%
reiterated a buy rating 2 months ago
Copying Josh Silverstein's trades and holding each position for 1 Year would result in 67.86% of your transactions generating a profit, with an average return of +35.16% per trade.
---