Ovintiv Inc. (OVV)

NYSE: OVV · Real-Time Price · USD
41.40
-0.47 (-1.12%)
Jun 16, 2025, 4:00 PM - Market closed
-1.12%
Market Cap 10.76B
Revenue (ttm) 8.93B
Net Income (ttm) 628.00M
Shares Out 259.82M
EPS (ttm) 2.38
PE Ratio 17.40
Forward PE 9.11
Dividend $1.20 (2.90%)
Ex-Dividend Date Jun 13, 2025
Volume 3,061,344
Open 41.07
Previous Close 41.87
Day's Range 40.84 - 42.10
52-Week Range 29.80 - 49.57
Beta 1.09
Analysts Strong Buy
Price Target 53.92 (+30.24%)
Earnings Date Jul 29, 2025

About OVV

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado. [Read more]

Sector Energy
Founded 2020
Employees 1,623
Stock Exchange NYSE
Ticker Symbol OVV
Full Company Profile

Financial Performance

In 2024, Ovintiv's revenue was $8.94 billion, a decrease of -16.11% compared to the previous year's $10.66 billion. Earnings were $1.13 billion, a decrease of -46.04%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for OVV stock is "Strong Buy." The 12-month stock price forecast is $53.92, which is an increase of 30.24% from the latest price.

Price Target
$53.92
(30.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ovintiv May Generate Over $6 Per Share In 2025 Free Cash Flow (Rating Upgrade)

Ovintiv is projected to generate over $1.6 billion in 2025 free cash flow. This would leave it with over $1.3 billion (after dividends) to put towards debt reduction and share repurchases. I estimate ...

23 days ago - Seeking Alpha

Ovintiv: Commodity Prices And Production Growth Will Boost Its Revenues

Ovintiv expects to increase its production by 3.42% in 2025. In addition, it has increased its production at a CAGR of 6.53% between 2017 and 2024. The DCF model implemented in this article suggests t...

5 weeks ago - Seeking Alpha

Ovintiv Inc. (OVV) Q1 2025 Earnings Call Transcript

Ovintiv Inc. (NYSE:OVV) Q1 2025 Earnings Conference Call May 7, 2025 10:00 AM ET Company Participants Jason Verhaest - Investor Relations Brendan McCracken - President and Chief Executive Officer Cor...

5 weeks ago - Seeking Alpha

Ovintiv Reports First Quarter 2025 Financial and Operating Results

Continued Maintenance Investment to Drive Free Cash Flow; High-Graded Portfolio Bolsters Financial Resiliency Highlights: Generated cash from operating activities of $873 million, Non-GAAP Cash Flow o...

5 weeks ago - PRNewsWire

Ovintiv Announces Results of Annual Meeting

DENVER , May 5, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) the "Company") today announced that the following matters, as further described in the Company's Proxy Statement filed on March ...

6 weeks ago - PRNewsWire

Ovintiv to Host its First Quarter 2025 Results Conference Call and Webcast on May 7, 2025

DENVER , March 26, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its first quarter 2025 results conference call at 8:00 a.m. MT, on Wednesday May 7th, 2025.

2 months ago - PRNewsWire

Ovintiv Inc. (OVV) Q4 2024 Earnings Call Transcript

Ovintiv Inc. (NYSE:OVV) Q4 2024 Results Conference Call February 27, 2025 11:00 AM ET Company Participants Jason Verhaest - IR Brendan McCracken - President and CEO Corey Code - EVP and CFO Greg Give...

3 months ago - Seeking Alpha

Ovintiv: Management Needs To Tighten The Reins

Ovintiv has a poor long-term track record. Guided 2025 production shows relatively no growth compared to the current fiscal year. Cenovus took time to organize, but now has a superior growth record co...

3 months ago - Seeking Alpha

Ovintiv Reports Fourth Quarter and Year-End 2024 Financial and Operating Results

2024 Non-GAAP Free Cash Flow Up Approximately 50% Year-Over-Year Highlights: Full Year 2024 Generated cash from operating activities of $3.7 billion, Non-GAAP Cash Flow of $4.0 billion and Non-GAAP Fr...

3 months ago - PRNewsWire

Trade war risks: retaliatory tariffs on the US could hurt these 2 exporters

The US has signed agreements with both Mexico and Canada to delay the implementation of its planned tariffs on its two neighbouring countries by at least 30 days.

Other symbols: BWA
4 months ago - Invezz

Ovintiv Announces Closing of Montney Asset Acquisition

DENVER , Jan. 31, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today closed the previously announced acquisition of certain Montney assets from Paramount Resour...

4 months ago - PRNewsWire

Ovintiv Names Terri King to Board of Directors

DENVER , Jan. 27, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Terri G. King has been named as an independent member of its board of directors, effective January 31, 20...

5 months ago - PRNewsWire

Ovintiv Announces Closing of Uinta Asset Sale

DENVER , Jan. 22, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE, TSX: OVV) ("Ovintiv" or the "Company") today closed the previously announced all cash sale of substantially all its Uinta assets, located in U...

5 months ago - PRNewsWire

Ovintiv to Host its 2024 Fourth Quarter and Year-End Results Conference Call and Webcast on February 27, 2025

DENVER , Jan. 16, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2024 fourth quarter and year-end results conference call at 9:00 a.m. MT, on Thursday Februa...

5 months ago - PRNewsWire

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...

7 months 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.

7 months 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...

7 months ago - PRNewsWire

Ovintiv: Better Options Available For Investors

Ovintiv Inc. has a history of value destruction and mediocre management decisions. Q3-2024 results showed strong metrics and cash flow, but future guidance appears lackluster. We prefer Devon Energy, ...

7 months ago - Seeking Alpha

Ovintiv Inc. (OVV) Q3 2024 Results Conference Call Transcript

Start Time: 09:00 January 1, 0000 9:32 AM ET Ovintiv Inc. (NYSE:OVV) Q3 2024 Results Conference Call November 08, 2024, 09:00 AM ET Company Participants Brendan McCracken - President and CEO Corey Co...

7 months ago - Seeking Alpha

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, ...

7 months ago - PRNewsWire

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.

8 months ago - PRNewsWire

14 energy stocks whose ample cash flow might benefit shareholders

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

9 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...

9 months ago - PRNewsWire

Own these stocks if a ‘Powell surprise' at Jackson Hole shakes the markets

Ten stocks listed at the end of this column are good bets if U.S. Federal Reserve chairman Jerome Powell surprises the markets by announcing that the Fed is considering raising interest rates.

Other symbols: VGLT
10 months ago - Market Watch

Ovintiv: 2024 Production Guidance Increase, Multi-Frac Technology, And Cheap

Ovintiv raised its guidance for 2024 and has shown impressive business growth in the last decade. The company's asset growth, FCF growth, and debt reduction indicate proven expertise in the industry. ...

11 months ago - Seeking Alpha