Ovintiv Statistics
Total Valuation
Ovintiv has a market cap or net worth of $14.32 billion. The enterprise value is $20.98 billion.
| Market Cap | 14.32B |
| Enterprise Value | 20.98B |
Important Dates
The next confirmed earnings date is Tuesday, May 7, 2024, after market close.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
Ovintiv has 268.95 million shares outstanding. The number of shares has increased by 2.13% in one year.
| Shares Outstanding | 268.95M |
| Shares Change (YoY) | +2.13% |
| Shares Change (QoQ) | +0.07% |
| Owned by Insiders (%) | 0.46% |
| Owned by Institutions (%) | 82.93% |
| Float | 267.90M |
Valuation Ratios
The trailing PE ratio is 6.74 and the forward PE ratio is 8.66.
| PE Ratio | 6.74 |
| Forward PE | 8.66 |
| PS Ratio | 1.32 |
| Forward PS | 1.44 |
| PB Ratio | 1.38 |
| P/FCF Ratio | 10.07 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.47, with an EV/FCF ratio of 14.74.
| EV / Earnings | 10.06 |
| EV / Sales | 1.93 |
| EV / EBITDA | 4.47 |
| EV / EBIT | 7.32 |
| EV / FCF | 14.74 |
Financial Position
The company has a current ratio of 0.60, with a Debt / Equity ratio of 0.64.
| Current Ratio | 0.60 |
| Quick Ratio | 0.51 |
| Debt / Equity | 0.64 |
| Debt / EBITDA | 1.42 |
| Debt / FCF | 4.68 |
| Interest Coverage | 8.07 |
Financial Efficiency
Return on equity (ROE) is 22.50% and return on invested capital (ROIC) is 13.97%.
| Return on Equity (ROE) | 22.50% |
| Return on Assets (ROA) | 11.20% |
| Return on Capital (ROIC) | 13.97% |
| Revenue Per Employee | $6.24M |
| Profits Per Employee | $1.20M |
| Employee Count | 1,743 |
| Asset Turnover | 0.58 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Ovintiv has paid $425.00 million in taxes.
| Income Tax | 425.00M |
| Effective Tax Rate | 16.93% |
Stock Price Statistics
The stock price has increased by +54.06% in the last 52 weeks. The beta is 2.69, so Ovintiv's price volatility has been higher than the market average.
| Beta (1Y) | 2.69 |
| 52-Week Price Change | +54.06% |
| 50-Day Moving Average | 50.83 |
| 200-Day Moving Average | 46.53 |
| Relative Strength Index (RSI) | 58.13 |
| Average Volume (30 Days) | 3,165,198 |
Short Selling Information
The latest short interest is 5.09 million, so 1.89% of the outstanding shares have been sold short.
| Short Interest | 5.09M |
| Short Previous Month | 4.74M |
| Short % of Shares Out | 1.89% |
| Short % of Float | 1.90% |
| Short Ratio (days to cover) | 1.39 |
Income Statement
In the last 12 months, Ovintiv had revenue of $10.88 billion and earned $2.09 billion in profits. Earnings per share was $7.90.
| Revenue | 10.88B |
| Gross Profit | 5.10B |
| Operating Income | 2.86B |
| Pretax Income | 2.51B |
| Net Income | 2.09B |
| EBITDA | 4.69B |
| EBIT | 2.87B |
| Earnings Per Share (EPS) | $7.90 |
Balance Sheet
The company has $3.00 million in cash and $6.66 billion in debt, giving a net cash position of -$6.65 billion or -$24.74 per share.
| Cash & Cash Equivalents | 3.00M |
| Total Debt | 6.66B |
| Net Cash | -6.65B |
| Net Cash Per Share | -$24.74 |
| Equity / Book Value | 10.37B |
| Book Value Per Share | 38.56 |
| Working Capital | -1.14B |
Cash Flow
In the last 12 months, operating cash flow was $4.17 billion and capital expenditures -$2.74 billion, giving a free cash flow of $1.42 billion.
| Operating Cash Flow | 4.17B |
| Capital Expenditures | -2.74B |
| Free Cash Flow | 1.42B |
| FCF Per Share | $5.48 |
Margins
Gross margin is 46.87%, with operating and profit margins of 26.32% and 19.16%.
| Gross Margin | 46.87% |
| Operating Margin | 26.32% |
| Pretax Margin | 23.06% |
| Profit Margin | 19.16% |
| EBITDA Margin | 43.09% |
| EBIT Margin | 26.33% |
| FCF Margin | 13.08% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 2.25%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 2.25% |
| Dividend Growth (YoY) | 20.00% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 15.19% |
| Buyback Yield | -2.13% |
| Shareholder Yield | 0.12% |
| Earnings Yield | 14.56% |
| FCF Yield | 9.93% |
Analyst Forecast
The average price target for Ovintiv is $57.31, which is 7.60% higher than the current price. The consensus rating is "Buy".
| Price Target | $57.31 |
| Price Target Difference | 7.60% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 1.89 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.89 |
| Piotroski F-Score | 5 |