Ovintiv Inc. (OVV)

Market Cap	14.23B
Revenue (ttm)	10.88B
Net Income (ttm)	2.09B
Shares Out	268.95M
EPS (ttm)	7.90
PE Ratio	6.70
Forward PE	8.57
Dividend	$1.20 (2.27%)
Ex-Dividend Date	Mar 14, 2024

Volume	2,115,747
Open	52.46
Previous Close	52.77
Day's Range	52.36 - 53.07
52-Week Range	32.07 - 55.95
Beta	2.69
Analysts	Buy
Price Target	57.31 (+8.34%)
Earnings Date	May 7, 2024

About OVV

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...

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• CEO: Brendan Michael McCracken
• Employees: 1,743
• Stock Exchange: NYSE
• Ticker Symbol: OVV

Financial Performance

In 2023, Ovintiv's revenue was $10.88 billion, a decrease of -12.68% compared to the previous year's $12.46 billion. Earnings were $2.09 billion, a decrease of -42.67%.

Analyst Forecast

According to 13 analysts, the average rating for OVV stock is "Buy." The 12-month stock price forecast is $57.31, which is an increase of 8.34% from the latest price.

Price Target

$57.31

(8.34% upside)

Analyst Consensus: Buy