Ovintiv Inc. (TSX: OVV)

Canada flag Canada · Delayed Price · Currency is CAD
62.25
+0.11 (0.18%)
Dec 3, 2024, 11:39 AM EST
4.34%
Market Cap 16.20B
Revenue (ttm) 12.92B
Net Income (ttm) 2.76B
Shares Out n/a
EPS (ttm) 10.19
PE Ratio 5.88
Forward PE n/a
Dividend n/a
Ex-Dividend Date Dec 13, 2024
Volume 62,473
Open 62.59
Previous Close 62.14
Day's Range 61.69 - 62.89
52-Week Range 49.74 - 76.63
Beta 2.64
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About Ovintiv

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. In addition, the company’s upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in n... [Read more]

Sector Energy
Founded 2020
Employees 1,743
Stock Exchange Toronto Stock Exchange
Ticker Symbol OVV
Full Company Profile

Financial Performance

In 2023, Ovintiv's revenue was $10.66 billion, a decrease of -25.25% compared to the previous year's $14.26 billion. Earnings were $2.09 billion, a decrease of -42.67%.

Financial numbers in USD Financial Statements

News

The agreement between Ovintiv and Paramount Resources

Gabe Daoud, managing director and senior analyst at Td Cowen, talks about Ovintiv's agreement with Paramount Resources.

18 days ago - BNN Bloomberg

What investors need to know about Ovintiv's Montney-Uinta shale swap

Neal Dingmann, managing director of Truist Securities, provides insight on what Ovinti's Montney-Uinta shale swap means for investors.

18 days ago - BNN Bloomberg

What investors need to know about Ovintiv's shale swap

Neal Dingmann, managing director of Truist Securities, provides insight on what Ovinti's shale swap means for investors.

18 days ago - BNN Bloomberg

Ovintiv ramps up 'powerhouse' oil production with $3.3B Montney buy: CEO

Ovintiv is ramping up its oil production following a $3.3B buy in Canada's Montney shale, CEO Brendan McCracken tells BNNBloomberg.

18 days ago - BNN Bloomberg

Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback

Ovintiv Inc. (NYSE: OVV) shares are trading higher after the company inked a definitive purchase agreement to acquire certain Montney assets from Paramount Resources Ltd. (OTC: PRMRF), in an all-cas...

19 days ago - Benzinga

Ovintiv is buying Montney shale assets in Canada for $3.3 billion

The deal will add about 70,000 barrels of oil per day

19 days ago - Financial Post

The Daily Chase: Ovintiv strikes a deal in the Montney

Here are five things you need to know this morning.

19 days ago - BNN Bloomberg

Ovintiv Expands in Canadas Montney Shale With $2.4 Billion Deal

The oil and gas industrys mergers and acquisitions continue to expand to Canada, with Ovintiv agreeing to buy assets of Paramount Resources in the Montney shale play for US$2.37 billion (C$3.325 billi...

19 days ago - OilPrice com

FourPoint Resources, Quantum Capital Group and Kayne Anderson to Acquire Ovintiv Uinta Basin Assets for $2 Billion

DENVER and HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- FourPoint Resources, LLC (“FourPoint”), together with their partners Quantum Capital Group (“Quantum”) and Kayne Anderson, announced today the sig...

19 days ago - GlobeNewsWire

Ovintiv to buy Montney oil assets for $2.38 billion

Ovintiv said on Thursday it would acquire certain oil assets located in the Montney formation in Canada from Paramount Resources for about $2.38 billion in an all-cash deal.

19 days ago - Reuters

Ovintiv Strengthens Portfolio with Core Oil-Rich Montney Asset Acquisition

Transaction to Significantly Expand Existing Montney Premium Oil Inventory,  Company to Exit Uinta Basin with Asset Sale Highlights: Agreement reached to acquire approximately 109,000 net acres and ap...

19 days ago - PRNewsWire

Ovintiv: Better Options Available For Investors

Ovintiv's Q3 results showed strong metrics and cash flow, but future guidance appears lackluster. Read why we are seeking better opportunities than OVV stock.

22 days ago - Seeking Alpha

Ovintiv Inc (OVV) Q3 2024 Earnings Call Highlights: Strong Cash Flow and Production Gains Amid ...

Ovintiv Inc (OVV) Q3 2024 Earnings Call Highlights: Strong Cash Flow and Production Gains Amid Market Challenges

24 days ago - GuruFocus

Ovintiv GAAP EPS of $1.92 beats by $0.71

25 days ago - Seeking Alpha

Ovintiv Inc (OVV) Q3 2024 Earnings: EPS Surges to $1.92, Beating Estimates of $1.17

Ovintiv Inc (OVV) Q3 2024 Earnings: EPS Surges to $1.92, Beating Estimates of $1.17

25 days ago - GuruFocus

Ovintiv Reports Third Quarter 2024 Financial and Operating Results

Full Year Production Guidance Increased; Strong Operational Execution and Debt Reduction Continue Highlights: Generated net earnings of $507 million, cash from operating activities of $1,022 million, ...

25 days ago - PRNewsWire

Ovintiv Q3 2024 Earnings Preview

26 days ago - Seeking Alpha

Ovintiv's Earnings Outlook

Ovintiv (NYSE: OVV) is preparing to release its quarterly earnings on Thursday, 2024-11-07. Here's a brief overview of what investors should keep in mind before the announcement. Analysts expect Ovin...

27 days ago - Benzinga

Ovintiv to Host its Third Quarter 2024 Results Conference Call and Webcast on November 8, 2024

DENVER , Oct. 11, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its third quarter 2024 results conference call at 7:00 a.m. MT, on Friday November 8, 2024.

7 weeks ago - PRNewsWire

Ovintiv gains amid speculation on Coterra Energy approach

Ovintiv (OVV) stock rises 4.6% on takeover speculation with Coterra Energy (CTRA); StreetInsider report suggests potential acquisition.

2 months ago - Seeking Alpha

14 energy stocks whose ample cash flow might benefit shareholders

Favored names expected to continue gushing cash include Devon, Halliburton and Schlumberger.

2 months ago - Market Watch

Ovintiv Renews Annual Share Buy-Back Program

Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER , Sept. 26, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has received regulatory approvals fo...

2 months ago - PRNewsWire