Ovintiv Statistics
Total Valuation
Ovintiv has a market cap or net worth of $9.84 billion. The enterprise value is $16.60 billion.
| Market Cap | 9.84B |
| Enterprise Value | 16.60B |
Important Dates
The last earnings date was Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | Dec 13, 2024 |
Share Statistics
Ovintiv has 260.32 million shares outstanding. The number of shares has increased by 4.95% in one year.
| Current Share Class | 260.32M |
| Shares Outstanding | 260.32M |
| Shares Change (YoY) | +4.95% |
| Shares Change (QoQ) | -1.53% |
| Owned by Insiders (%) | 0.47% |
| Owned by Institutions (%) | 82.80% |
| Float | 258.71M |
Valuation Ratios
The trailing PE ratio is 5.01 and the forward PE ratio is 6.76.
| PE Ratio | 5.01 |
| Forward PE | 6.76 |
| PS Ratio | 1.06 |
| Forward PS | 1.12 |
| PB Ratio | 0.92 |
| P/TBV Ratio | 1.22 |
| P/FCF Ratio | 5.71 |
| P/OCF Ratio | 2.42 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 3.21, with an EV/FCF ratio of 9.63.
| EV / Earnings | 8.13 |
| EV / Sales | 1.74 |
| EV / EBITDA | 3.21 |
| EV / EBIT | 5.84 |
| EV / FCF | 9.63 |
Financial Position
The company has a current ratio of 0.52, with a Debt / Equity ratio of 0.64.
| Current Ratio | 0.52 |
| Quick Ratio | 0.47 |
| Debt / Equity | 0.64 |
| Debt / EBITDA | 1.27 |
| Debt / FCF | 3.93 |
| Interest Coverage | 6.91 |
Financial Efficiency
Return on equity (ROE) is 20.20% and return on invested capital (ROIC) is 10.44%.
| Return on Equity (ROE) | 20.20% |
| Return on Assets (ROA) | 8.94% |
| Return on Capital (ROIC) | 10.44% |
| Revenue Per Employee | $5.49M |
| Profits Per Employee | $1.17M |
| Employee Count | 1,743 |
| Asset Turnover | 0.48 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Ovintiv has paid $478.00 million in taxes.
| Income Tax | 478.00M |
| Effective Tax Rate | 18.98% |
Stock Price Statistics
The stock price has decreased by -14.41% in the last 52 weeks. The beta is 2.64, so Ovintiv's price volatility has been higher than the market average.
| Beta (5Y) | 2.64 |
| 52-Week Price Change | -14.41% |
| 50-Day Moving Average | 41.85 |
| 200-Day Moving Average | 45.68 |
| Relative Strength Index (RSI) | 28.57 |
| Average Volume (20 Days) | 3,133,629 |
Short Selling Information
The latest short interest is 4.27 million, so 1.64% of the outstanding shares have been sold short.
| Short Interest | 4.27M |
| Short Previous Month | 4.36M |
| Short % of Shares Out | 1.64% |
| Short % of Float | 1.65% |
| Short Ratio (days to cover) | 1.42 |
Income Statement
In the last 12 months, Ovintiv had revenue of $9.56 billion and earned $2.04 billion in profits. Earnings per share was $7.54.
| Revenue | 9.56B |
| Gross Profit | 4.94B |
| Operating Income | 2.85B |
| Pretax Income | 2.35B |
| Net Income | 2.04B |
| EBITDA | 5.17B |
| EBIT | 2.85B |
| Earnings Per Share (EPS) | $7.54 |
Balance Sheet
The company has $9.00 million in cash and $6.78 billion in debt, giving a net cash position of -$6.77 billion or -$25.99 per share.
| Cash & Cash Equivalents | 9.00M |
| Total Debt | 6.78B |
| Net Cash | -6.77B |
| Net Cash Per Share | -$25.99 |
| Equity (Book Value) | 10.66B |
| Book Value Per Share | 40.92 |
| Working Capital | -1.39B |
Cash Flow
In the last 12 months, operating cash flow was $4.06 billion and capital expenditures -$2.34 billion, giving a free cash flow of $1.72 billion.
| Operating Cash Flow | 4.06B |
| Capital Expenditures | -2.34B |
| Free Cash Flow | 1.72B |
| FCF Per Share | $6.62 |
Margins
Gross margin is 51.66%, with operating and profit margins of 29.75% and 21.34%.
| Gross Margin | 51.66% |
| Operating Margin | 29.75% |
| Pretax Margin | 26.34% |
| Profit Margin | 21.34% |
| EBITDA Margin | 54.02% |
| EBIT Margin | 29.75% |
| FCF Margin | 18.02% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 3.18%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 3.18% |
| Dividend Growth (YoY) | 4.35% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 15.91% |
| Buyback Yield | -4.95% |
| Shareholder Yield | -1.78% |
| Earnings Yield | 20.75% |
| FCF Yield | 17.52% |
Analyst Forecast
The average price target for Ovintiv is $56.19, which is 48.73% higher than the current price. The consensus rating is "Buy".
| Price Target | $56.19 |
| Price Target Difference | 48.73% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | -0.00% |
Stock Splits
The last stock split was on January 27, 2020. It was a reverse split with a ratio of 0.2:1.
| Last Split Date | Jan 27, 2020 |
| Split Type | Reverse |
| Split Ratio | 0.2:1 |
Scores
Ovintiv has an Altman Z-Score of 1.8 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.8 |
| Piotroski F-Score | 7 |