Ovintiv Inc. (OVV)
Market Cap | 10.41B |
Revenue (ttm) | 10.30B |
Net Income (ttm) | 1.94B |
Shares Out | 260.32M |
EPS (ttm) | 7.09 |
PE Ratio | 5.64 |
Forward PE | 8.61 |
Dividend | $1.20 (3.00%) |
Ex-Dividend Date | Sep 13, 2024 |
Volume | 2,269,997 |
Open | 41.22 |
Previous Close | 40.79 |
Day's Range | 39.96 - 41.30 |
52-Week Range | 36.91 - 55.95 |
Beta | 2.64 |
Analysts | Buy |
Price Target | 56.73 (+41.83%) |
Earnings Date | Nov 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... [Read more]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for OVV stock is "Buy." The 12-month stock price forecast is $56.73, which is an increase of 41.83% from the latest price.
News
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...
Ovintiv Reports First Quarter 2024 Financial and Operating Results
Strong Shareholder Returns Underpinned by Continued Operational Excellence Highlights: Generated net earnings of $338 million, cash from operating activities of $659 million, Non-GAAP Cash Flow of $1,...
Ovintiv Announces Results of Annual Meeting
DENVER , May 6, 2024 /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...
Ovintiv to Host its First Quarter 2024 Results Conference Call and Webcast on May 8, 2024
DENVER , April 8, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its first quarter 2024 results conference call at 9:00 a.m. MT, on Wednesday May 8, 2024.
Expect Further Consolidation In The Permian Basin This Year
The Permian basin has become a hotspot for merger and acquisition activity in the oil and gas industry. The region has experienced significant growth in production, with estimates of recoverable reser...
Ovintiv Inc. (OVV) Q4 2023 Earnings Call Transcript
Ovintiv Inc. (OVV) Q4 2023 Earnings Call Transcript
Ovintiv Reports Fourth Quarter and Year-End 2023 Financial and Operating Results
Strong 2023 Operational Execution; Enhanced Capital Efficiency Expected in 2024 Highlights: Full Year 2023 Generated net earning...
Ovintiv to Host its 2023 Fourth Quarter and Year-End Results Conference Call and Webcast on February 28, 2024
DENVER , Jan. 26, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2023 fourth quarter and year-end results conference call at 8:00 a.m. MT, on Wednesday Febru...
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Ovintiv Names Sippy Chhina to Board of Directors
DENVER , Jan. 11, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Sippy Chhina has been named as an independent member of its board of directors, effective January 15, 202...
Ovintiv Announces Upsize and Pricing of Offering of Common Stock by a Selling Stockholder
DENVER , Nov. 20, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced the upsize and pricing of a previously announced underwritten public offering of its common st...
Ovintiv Announces Secondary Offering of Common Stock by a Selling Stockholder
DENVER , Nov. 20, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV), (TSX: OVV) (the "Company" or "Ovintiv") today announced that NMB Stock Trust, a Delaware statutory trust (the "Selling Stockholder"), in...
Ovintiv Inc. (OVV) Q3 2023 Earnings Call Transcript
Ovintiv Inc. (NYSE:OVV) Q3 2023 Results Conference Call November 8, 2023 12:00 PM ET Company Participants Jason Verhaest - IR Brendan McCracken - President and CEO Corey Code - EVP and CFO Greg Given...
Ovintiv Reports Third Quarter 2023 Financial and Operating Results
Strong Well Results and Successful Acquisition Integration Drive Increased Full Year Production Guidance Highlights: Generated net earnings of $406 million, cash from operating activities of $906 mill...