Ovintiv Statistics
Total Valuation
Ovintiv has a market cap or net worth of $12.61 billion. The enterprise value is $19.70 billion.
| Market Cap | 12.61B |
| Enterprise Value | 19.70B |
Important Dates
The next confirmed earnings date is Tuesday, July 30, 2024, after market close.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
Ovintiv has 266.98 million shares outstanding. The number of shares has increased by 9.93% in one year.
| Shares Outstanding | 266.98M |
| Shares Change (YoY) | +9.93% |
| Shares Change (QoQ) | -1.52% |
| Owned by Insiders (%) | 0.48% |
| Owned by Institutions (%) | 82.08% |
| Float | 265.36M |
Valuation Ratios
The trailing PE ratio is 6.54 and the forward PE ratio is 7.41.
| PE Ratio | 6.54 |
| Forward PE | 7.41 |
| PS Ratio | 1.18 |
| Forward PS | 1.30 |
| PB Ratio | 1.23 |
| P/FCF Ratio | 12.21 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.16, with an EV/FCF ratio of 19.07.
| EV / Earnings | 10.18 |
| EV / Sales | 1.84 |
| EV / EBITDA | 4.16 |
| EV / EBIT | 7.28 |
| EV / FCF | 19.07 |
Financial Position
The company has a current ratio of 0.52, with a Debt / Equity ratio of 0.69.
| Current Ratio | 0.52 |
| Quick Ratio | 0.46 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 1.50 |
| Debt / FCF | 6.87 |
| Interest Coverage | 7.09 |
Financial Efficiency
Return on equity (ROE) is 19.60% and return on invested capital (ROIC) is 12.86%.
| Return on Equity (ROE) | 19.60% |
| Return on Assets (ROA) | 9.80% |
| Return on Capital (ROIC) | 12.86% |
| Revenue Per Employee | $6.13M |
| Profits Per Employee | $1.11M |
| Employee Count | 1,743 |
| Asset Turnover | 0.54 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Ovintiv has paid $389.00 million in taxes.
| Income Tax | 389.00M |
| Effective Tax Rate | 16.73% |
Stock Price Statistics
The stock price has increased by +13.94% in the last 52 weeks. The beta is 2.65, so Ovintiv's price volatility has been higher than the market average.
| Beta (5Y) | 2.65 |
| 52-Week Price Change | +13.94% |
| 50-Day Moving Average | 48.13 |
| 200-Day Moving Average | 47.22 |
| Relative Strength Index (RSI) | 46.73 |
| Average Volume (20 Days) | 3,086,114 |
Short Selling Information
The latest short interest is 4.79 million, so 1.79% of the outstanding shares have been sold short.
| Short Interest | 4.79M |
| Short Previous Month | 6.95M |
| Short % of Shares Out | 1.79% |
| Short % of Float | 1.81% |
| Short Ratio (days to cover) | 1.27 |
Income Statement
In the last 12 months, Ovintiv had revenue of $10.68 billion and earned $1.94 billion in profits. Earnings per share was $7.22.
| Revenue | 10.68B |
| Gross Profit | 5.16B |
| Operating Income | 2.68B |
| Pretax Income | 2.33B |
| Net Income | 1.94B |
| EBITDA | 4.73B |
| EBIT | 2.71B |
| Earnings Per Share (EPS) | $7.22 |
Balance Sheet
The company has $5.00 million in cash and $7.09 billion in debt, giving a net cash position of -$7.09 billion or -$26.55 per share.
| Cash & Cash Equivalents | 5.00M |
| Total Debt | 7.09B |
| Net Cash | -7.09B |
| Net Cash Per Share | -$26.55 |
| Equity (Book Value) | 10.26B |
| Book Value Per Share | 38.44 |
| Working Capital | -1.33B |
Cash Flow
In the last 12 months, operating cash flow was $3.76 billion and capital expenditures -$2.73 billion, giving a free cash flow of $1.03 billion.
| Operating Cash Flow | 3.76B |
| Capital Expenditures | -2.73B |
| Free Cash Flow | 1.03B |
| FCF Per Share | $3.83 |
Margins
Gross margin is 48.32%, with operating and profit margins of 25.08% and 18.12%.
| Gross Margin | 48.32% |
| Operating Margin | 25.08% |
| Pretax Margin | 21.76% |
| Profit Margin | 18.12% |
| EBITDA Margin | 44.31% |
| EBIT Margin | 25.34% |
| FCF Margin | 9.67% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 2.54%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 2.54% |
| Dividend Growth (YoY) | 14.29% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 16.62% |
| Buyback Yield | -9.93% |
| Shareholder Yield | -7.39% |
| Earnings Yield | 15.35% |
| FCF Yield | 8.19% |
Analyst Forecast
The average price target for Ovintiv is $58.94, which is 24.77% higher than the current price. The consensus rating is "Buy".
| Price Target | $58.94 |
| Price Target Difference | 24.77% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | -13.20% |
Stock Splits
The last stock split was on January 27, 2020. It was a reverse split with a ratio of 1:5.
| Last Split Date | Jan 27, 2020 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
Ovintiv has an Altman Z-Score of 1.77 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.77 |
| Piotroski F-Score | 5 |