Ovintiv Inc. (OVV)
| Market Cap | 11.40B |
| Revenue (ttm) | 8.94B |
| Net Income (ttm) | 1.13B |
| Shares Out | 260.32M |
| EPS (ttm) | 4.21 |
| PE Ratio | 10.41 |
| Forward PE | 7.01 |
| Dividend | $1.20 (2.74%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 2,479,070 |
| Open | 43.49 |
| Previous Close | 43.01 |
| Day's Range | 43.12 - 43.85 |
| 52-Week Range | 36.62 - 55.95 |
| Beta | 2.58 |
| Analysts | Strong Buy |
| Price Target | 56.53 (+29.03%) |
| Earnings Date | May 6, 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]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for OVV stock is "Strong Buy." The 12-month stock price forecast is $56.53, which is an increase of 29.03% from the latest price.
News
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...
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...
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...
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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...
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...
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...
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...
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...
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.
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...
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, ...
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...
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, ...
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.
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...
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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. ...
Ovintiv Reports Second Quarter 2024 Financial and Operating Results
Operational Excellence Drives Strong Financial Results; Production Guidance Raised Highlights: Generated net earnings of $340 million, cash from operating activities of $1,020 million, Non-GAAP Cash F...
Ovintiv to Host its Second Quarter 2024 Results Conference Call and Webcast on July 31, 2024
DENVER , July 11, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its second quarter 2024 results conference call at 8:00 a.m. MT, on Wednesday July 31, 2024.
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Energy Safety Canada Appoints Former Ovintiv Executive as New President and CEO
CALGARY, Alberta--(BUSINESS WIRE)--Energy Safety Canada, the national safety association for Canada's energy industry, is pleased to announce the appointment of Vineeta Maguire as the new President an...
Ovintiv, Inc. (OVV) Q1 2024 Earnings Call Transcript
Ovintiv, Inc. (NYSE:OVV) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Jason Verhaest - Investor Relations Brendan McCracken - President & Chief Executive Officer Core...