Ovintiv Inc. (OVV)
| Market Cap | 8.28B |
| Revenue (ttm) | 12.46B |
| Net Income (ttm) | 3.64B |
| Shares Out | 243.64M |
| EPS (ttm) | 14.08 |
| PE Ratio | 2.41 |
| Forward PE | 3.61 |
| Dividend | $1.00 (2.94%) |
| Ex-Dividend Date | Mar 14, 2023 |
| Volume | 2,796,872 |
| Open | 33.10 |
| Previous Close | 34.18 |
| Day's Range | 32.90 - 34.15 |
| 52-Week Range | 32.26 - 63.30 |
| Beta | 3.57 |
| Analysts | Buy |
| Price Target | 64.57 (+90.02%) |
| Earnings Date | May 8, 2023 |
About OVV
Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and... [Read more]
Financial Performance
In 2022, Ovintiv's revenue was $12.46 billion, an increase of 43.96% compared to the previous year's $8.66 billion. Earnings were $3.64 billion, an increase of 156.85%.
Financial StatementsAnalyst Forecast
According to 30 analysts, the average rating for OVV stock is "Buy." The 12-month stock price forecast is $64.57, which is an increase of 90.02% from the latest price.
News
Ovintiv's (OVV) Q4 Earnings Miss Estimates, Revenues Beat
Ovintiv (OVV) expects spending of $2.15-$2.35 billion, crude oil and condensate volumes of 165-175 K bpd and natural gas production of 1,525-1,575 MMcf/d in 2023.
Ovintiv Reports Fourth Quarter and Year-end 2022 Financial and Operating Results
Company Delivers Record Financial Results and Significant Inventory Additions Highlights: Full Year 2022 Generated net earnings of $3.6 billion, cash from operating activities of $3.9 billion, Non-GAA...
Are Energy Investors Overlooking These 3 Canadian E&P Stocks?
Despite the bearish sentiment associated with the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advice focusing on fundamentally sound companies like CNQ, OVV and BTEGF.
Ovintiv to Host its 2022 Fourth Quarter and Year-end Results Conference Call and Webcast on February 28, 2023
DENVER , Jan. 17, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 fourth quarter and year-end results conference call at 9:00 a.m. MT, on Tuesday Februar...
Why Is Ovintiv (OVV) Down 1.1% Since Last Earnings Report?
Ovintiv (OVV) reported earnings 30 days ago. What's next for the stock?
Ovintiv (OVV) Q3 Earnings Miss Estimates, Revenues Beat
Ovintiv's (OVV) third-quarter earnings lag the consensus mark, while sales outperform the same.
Ovintiv Reports Third Quarter 2022 Financial and Operating Results
2022 Total Production Guidance Increased; Strong Returns to Shareholders and Net Debt Reduction Continue Highlights: Generated third quarter net earnings of $1.19 billion, Non-GAAP Cash Flow of $948 m...
Ovintiv (OVV) Q3 Earnings Coming Up: Here's How It Will Fare
Ovintiv's (OVV) third-quarter earnings are expected to have benefited from strong oil and natural gas prices though restricted production might have somewhat dented the positive effect.
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The Zacks Oil and Gas - Exploration and Production - Canadian operators like CNQ, OVV and ERF have the capacity to tackle inflationary and -other pressures.
Ovintiv to Host its Third Quarter 2022 Results Conference Call and Webcast on November 9, 2022
DENVER , Oct. 13, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 third quarter results conference call at 8:00 a.m. MT, on Wednesday November 9, 2022.
Ovintiv Renews Annual Share Buy-Back Program
Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER , Sept. 28, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has received regulatory approvals fo...
Ovintiv Posts Montney Webcast Materials
DENVER , Sept. 19, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) released materials associated with its Montney webcast and conference call, planned for today at 9:00 a.m.
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Ovintiv Provides Details on Upcoming Montney Webcast and Conference Call
DENVER , Sept. 8, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today provided participant details for its upcoming Montney webcast and conference call: Time/Date: 9:00 a.m.
Ovintiv Names Ralph Izzo to its Board of Directors
DENVER , Sept. 6, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today announced that Ralph Izzo has been named as an independent member of its Board of Directors...
Ovintiv (OVV) Up 11.8% Since Last Earnings Report: Can It Continue?
Ovintiv (OVV) reported earnings 30 days ago. What's next for the stock?
Evolving Oil And Gas Shale Boom Appears Poised For M&A Growth
“Scale equals relevance” is the prevailing theme in the U.S. oil and gas shale world currently, and Devon Energy gained scale in the Eagle Ford play in South Texas this week with a $1.8 billion acquis...
Ovintiv (OVV) Q2 Earnings Miss Estimates, Revenues Beat
Ovintiv Inc.'s (OVV) second-quarter earnings lag the consensus mark, while sales outperform the same.
Wall Street Analysts Predict a 37% Upside in Ovintiv (OVV): Here's What You Should Know
The consensus price target hints at a 37% upside potential for Ovintiv (OVV). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate rev...
Ovintiv Reports Second Quarter 2022 Financial and Operating Results
Shareholder Returns Doubled, Highest Quarterly Cash Flow in Over a Decade Highlights: Generated second quarter net earnings of $1.36 billion, Non-GAAP Cash Flow of $1.22 billion and Non-GAAP Free Cash...
Here are the top 5 energy stocks, according to Goldman Sachs
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Why Investors Should Focus on These 4 Canadian E&P Stocks
With Russia's invasion of Ukraine upending the global energy markets and driving prices higher, the Zacks Oil and Gas - Exploration and Production - Canadian operators like CNQ, OVV, CPG and ERF are p...
Ovintiv to Host its Second Quarter 2022 Results Conference Call and Webcast on August 4, 2022
DENVER , July 13, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 second quarter results conference call at 8:00 a.m. MT, on Thursday August 4, 2022.