Ovintiv/OVV

$51.84

0.6%
-
1D1W1MYTD1YMAX

About Ovintiv

Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on the development of its multi-basin portfolio of top tier oil and natural gas assets located in the United States and Canada. Its operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA Operations, Canadian Operations, and Market Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other activities within Canada. Market Optimization segment is primarily responsible for the sale of the Company’s production to third-party customers and enhancing the associated netback price. The segment’s activities also include third-party purchases and sales of product to provide operational flexibility.

Ticker

OVV

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Brendan McCracken

Employees

1,743

Headquarters

Denver, United States

Ovintiv Metrics

BasicAdvanced
$13.92B
Market cap
6.57
P/E ratio
$7.87
EPS
2.66
Beta
$1.15
Dividend rate
2.32%
Dividend yield
$13.92B
2.65845
$55.95
$32.07
3.19M
$1.15
0.596
52.777
55.516
14.72%
22.901
8.14%
11.9%
23.09%
14.16%
6.575
1.279
1.356
1.791
12.472
2%
2.22%
2.32%
-12.68%
-44.53%
21.37%
45.29%

What the Analysts think about Ovintiv

Analyst Ratings

Majority rating from 25 analysts.
Buy

Price Targets

Average projection from 23 analysts.
17.65% upside
High $69.00
Low $48.00
$51.84
Current price
$60.99
Average price target

Ovintiv Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
27.03% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$3.17B
19.52%
Net income
$856M
110.84%
Profit margin
27.03%
76.44%

Ovintiv Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 20.46%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.81
$0.93
$1.74
$2.35
-
Expected
$1.84
$0.82
$1.75
$1.95
$1.39
Surprise
-1.5%
13.41%
-0.36%
20.46%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Ovintiv stock?

Ovintiv (OVV) has a market cap of $13.86B as of April 20, 2024.

What is the P/E ratio for Ovintiv stock?

The price to earnings (P/E) ratio for Ovintiv (OVV) stock is 6.55 as of April 20, 2024.

Does Ovintiv stock pay dividends?

Yes, the Ovintiv (OVV) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $1.15 and the yield is 2.33%. Ovintiv has a payout ratio of 14.72% on a trailing twelve-month basis.

When is the next Ovintiv dividend payment date?

The next Ovintiv (OVV) dividend payment date is unconfirmed.

What is the beta indicator for Ovintiv?

Ovintiv (OVV) has a beta rating of 2.66. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Ovintiv stock price target?

The target price for Ovintiv (OVV) stock is $61.51, which is 18.33% above the current price of $51.98. This is an average based on projections from 23 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Ovintiv stock

Buy or sell Ovintiv stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing