Ovintiv（OVV）株式概要Ovintiv Inc.はその子会社とともに、北米で天然ガス、石油、天然ガス液化物の探鉱、開発、生産、販売を行っている。 詳細OVV ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長3/6過去の実績4/6財務の健全性3/6配当金3/6報酬当社が推定した公正価値より69.1%で取引されている 収益は年間25.19%増加すると予測されています 過去1年間で収益は22.8%増加しました 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が23.5%上昇するだろうとほぼ一致している。 リスク分析多額の負債を抱えている 不安定な配当実績 過去3か月間に大規模なインサイダー売却が発生 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るOVV Community Fair Values Create NarrativeSee what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$80.2482.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6b13b2016201920222025202620282031Revenue US$9.4bEarnings US$813.5mAdvancedSet Fair ValueView all narrativesOvintiv Inc. 競合他社Tourmaline OilSymbol: TSX:TOUMarket cap: CA$24.5bARC ResourcesSymbol: TSX:ARXMarket cap: CA$18.0bWhitecap ResourcesSymbol: TSX:WCPMarket cap: CA$20.1bStrathcona ResourcesSymbol: TSX:SCRMarket cap: CA$9.9b価格と性能株価の高値、安値、推移の概要Ovintiv過去の株価現在の株価US$80.2452週高値US$86.8652週安値US$50.13ベータ0.531ヶ月の変化1.33%3ヶ月変化5.59%1年変化41.12%3年間の変化60.64%5年間の変化124.45%IPOからの変化1,583.72%最新ニュースUpcoming Dividend • Jun 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (3.4%).Declared Dividend • May 14First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 14Ovintiv Declares Quarterly Dividend, Payable on June 30, 2026On May 11, 2026, Ovintiv's Board declared a quarterly dividend of $0.30 per share of common stock payable on June 30, 2026, to shareholders of record as of June 15, 2026.お知らせ • May 13Ovintiv Inc. Provides Production Guidance for the Second Quarter of 2026 and Reiterated Full Year of 2026Ovintiv Inc. provided production guidance for the second quarter of 2026 and reiterated full year of 2026. For the quarter, the company expects total production of 610 MBOE/d to 635 MBOE/d, Oil & Condensate to be 200 Mbbls/d to 205 Mbbls/d, NGLs (C2 - C4) to be 75 Mbbls/d to 80 Mbbls/d and Natural Gas to be 2,000 MMcf/d – 2,100 MMcf/d. For the full year, the company expects total production of 620 MBOE/d to 645 MBOE/d, Oil & Condensate to be 205 Mbbls/d to 212 Mbbls/d, NGLs (C2 - C4) to be 80 Mbbls/d to 85 Mbbls/d and Natural Gas to be 2,000 MMcf/d – 2,100 MMcf/d.Reported Earnings • May 12First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: US$2.35 loss per share (further deteriorated from US$0.61 loss in 1Q 2025). Revenue: US$2.53b (up 6.6% from 1Q 2025). Net loss: US$630.0m (loss widened 296% from 1Q 2025). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.お知らせ • Apr 11Ovintiv Inc. to Report Q1, 2026 Results on May 11, 2026Ovintiv Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026最新情報をもっと見るRecent updatesUpcoming Dividend • Jun 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (3.4%).Declared Dividend • May 14First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 14Ovintiv Declares Quarterly Dividend, Payable on June 30, 2026On May 11, 2026, Ovintiv's Board declared a quarterly dividend of $0.30 per share of common stock payable on June 30, 2026, to shareholders of record as of June 15, 2026.お知らせ • May 13Ovintiv Inc. Provides Production Guidance for the Second Quarter of 2026 and Reiterated Full Year of 2026Ovintiv Inc. provided production guidance for the second quarter of 2026 and reiterated full year of 2026. For the quarter, the company expects total production of 610 MBOE/d to 635 MBOE/d, Oil & Condensate to be 200 Mbbls/d to 205 Mbbls/d, NGLs (C2 - C4) to be 75 Mbbls/d to 80 Mbbls/d and Natural Gas to be 2,000 MMcf/d – 2,100 MMcf/d. For the full year, the company expects total production of 620 MBOE/d to 645 MBOE/d, Oil & Condensate to be 205 Mbbls/d to 212 Mbbls/d, NGLs (C2 - C4) to be 80 Mbbls/d to 85 Mbbls/d and Natural Gas to be 2,000 MMcf/d – 2,100 MMcf/d.Reported Earnings • May 12First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: US$2.35 loss per share (further deteriorated from US$0.61 loss in 1Q 2025). Revenue: US$2.53b (up 6.6% from 1Q 2025). Net loss: US$630.0m (loss widened 296% from 1Q 2025). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.お知らせ • Apr 11Ovintiv Inc. to Report Q1, 2026 Results on May 11, 2026Ovintiv Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026お知らせ • Apr 10An undisclosed buyer completed the acquisition of Anadarko Assets in Oklahoma of Ovintiv Inc.An undisclosed buyer entered into a definitive agreement to acquire Anadarko Assets in Oklahoma of Ovintiv Inc. for $2.9 billion on January 1, 2026. A cash consideration of $3 billion will be paid by the buyer. The sale includes approximately 360 thousand net acres, which represents substantially all of the Ovintiv Inc's acreage in the play. Month to date production in February is approximately 90 thousand barrels of oil equivalent per day including approximately 27 thousand barrels per day of oil and condensate, approximately 240 million cubic feet per day of natural gas and approximately 23 thousand barrels per day of natural gas liquids. The transaction marks a significant milestone for Ovintiv Inc by focusing on its portfolio, delivering on debt target, and unlocking increased returns to its shareholders. The sale is subject to the satisfaction of normal closing conditions and customary closing adjustments and is expected to close early in the second quarter of 2026. The transaction receipt of necessary third party consents and governmental approvals, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, consummation of the Pre-Closing Reorganization. Wells Fargo & Company acted as financial advisor to Ovintiv Inc. David Castro Jr, Lindsey Jaquillard, Kyle Watson, Colleen Haile, Maureen O'Brien, Caitlin Pyrce, Stephen Jacobson, Maddison Riddick, Christie Alcala, Mark Dundon, Damien Lyster, Paul Tanaka, Chuck Boyars, Matthew Wheatley, Jordan Roberts, Purun Cheong, Michael Rigdon and Sara Lampert of Kirkland & Ellis LLP acted as legal advisor to Ovintiv Inc. Chris Heasley, John Stavinoha, Bryant Lee, Christine Mainguy, Benjamin Rosemergy, Laura Waller, Peter Todaro, Joshua Marnitz, S. Drew Levin, Robin Hulshizer and J. Patrick Nevins of Latham & Watkins LLP acted as legal advisor to undisclosed buyer. An undisclosed buyer completed the acquisition of Anadarko Assets in Oklahoma of Ovintiv Inc. on April 9, 2026.お知らせ • Mar 26Ovintiv Inc., Annual General Meeting, May 06, 2026Ovintiv Inc., Annual General Meeting, May 06, 2026.Recent Insider Transactions • Mar 19Insider recently sold CA$872k worth of stockOn the 13th of March, Meghan Eilers sold around 12k shares on-market at roughly CA$75.27 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$7.6m more than they bought in the last 12 months.Declared Dividend • Feb 26Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 13th March 2026 Payment date: 31st March 2026 Dividend yield will be 2.3%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 24Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$4.83 (up from US$4.25 in FY 2024). Revenue: US$8.66b (down 3.1% from FY 2024). Net income: US$1.24b (up 10% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). Oil reserves Proven reserves: 442.7 MMbbls Gas reserves Proven reserves: 6933 Bcf LNG reserves Proven reserves: 726.8 MMbbls Combined production Oil equivalent production: 224.3 MMboe (214.1 MMboe in FY 2024) Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 121%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Feb 24+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on March 31, 2026On February 23, 2026, Ovintiv Inc.'s Board declared a quarterly dividend of $0.30 per share of common stock payable on March 31, 2026, to shareholders of record as of March 13, 2026.お知らせ • Feb 21Ovintiv Inc. Appoints Gregory P. Hill to the Corporate Responsibility and Governance Committee and the Environment, Health and Safety Committee of the Board, Effective February 17, 2026Ovintiv Inc. announced that on February 15, 2026, the Board appointed Mr. Gregory P. Hill to the Corporate Responsibility and Governance Committee and the Environment, Health and Safety Committee of the Board effective February 17, 2026.お知らせ • Feb 19An undisclosed buyer entered into a definitive agreement to acquire Anadarko Assets in Oklahoma of Ovintiv Inc. for $3 billion.An undisclosed buyer entered into a definitive agreement to acquire Anadarko Assets in Oklahoma of Ovintiv Inc. for $3 billion on February 17, 2026. A cash consideration of $3 billion will be paid by the buyer. The sale includes approximately 360 thousand net acres, which represents substantially all of the Ovintiv Inc's acreage in the play. Month to date production in February is approximately 90 thousand barrels of oil equivalent per day including approximately 27 thousand barrels per day of oil and condensate, approximately 240 million cubic feet per day of natural gas and approximately 23 thousand barrels per day of natural gas liquids. The transaction marks a significant milestone for Ovintiv Inc by focusing on its portfolio, delivering on debt target, and unlocking increased returns to its shareholders. The sale is subject to the satisfaction of normal closing conditions and customary closing adjustments and is expected to close early in the second quarter of 2026. Wells Fargo & Company acted as financial advisor to Ovintiv Inc. David Castro Jr, Lindsey Jaquillard, Kyle Watson, Colleen Haile, Maureen O'Brien, Caitlin Pyrce, Stephen Jacobson, Maddison Riddick, Christie Alcala, Mark Dundon, Damien Lyster, Paul Tanaka, Chuck Boyars, Matthew Wheatley, Jordan Roberts, Purun Cheong, Michael Rigdon and Sara Lampert of Kirkland & Ellis LLP acted as legal advisor to Ovintiv Inc. Chris Heasley, John Stavinoha, Bryant Lee, Christine Mainguy, Benjamin Rosemergy, Laura Waller, Peter Todaro, Joshua Marnitz, S. Drew Levin, Robin Hulshizer and J. Patrick Nevins of Latham & Watkins LLP acted as legal advisor to undisclosed buyer.お知らせ • Jan 30Ovintiv Inc. Appoints Gregory P. Hill as Independent Board Member, Effective January 30, 2026Ovintiv Inc. announced that Gregory P. Hill has been appointed as an independent member of its board of directors, effective January 30, 2026. Hill, aged 64, retired in 2025 as President, Worldwide Exploration & Production and Executive Vice President of Hess Corporation. During more than four decades in the energy industry, he held senior leadership roles at Hess, Shell, Aera Energy, and other organizations, leading major global portfolios across North America, Europe, Asia Pacific, and the Middle East. At Hess, Hill oversaw significant portfolio transformation, operational excellence initiatives, and major growth in key regions including Guyana, the Bakken, and the Gulf of America. He previously served in senior executive roles with Shell International E&P in both Europe and Asia, and Aera Energy. Hill holds a Bachelor of Science in Mechanical Engineering (with honors) from the University of Wyoming and received an Honorary Doctorate from the University in 2024.お知らせ • Jan 20Ovintiv Inc. to Report Q4, 2025 Results on Feb 23, 2026Ovintiv Inc. announced that they will report Q4, 2025 results After-Market on Feb 23, 2026Recent Insider Transactions • Dec 17Executive VP & COO recently sold CA$2.8m worth of stockOn the 12th of December, Gregory Givens sold around 50k shares on-market at roughly CA$55.59 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$3.0m. Gregory has been a net seller over the last 12 months, reducing personal holdings by CA$5.7m.お知らせ • Dec 13Ovintiv Inc. Announces Board ChangesOvintiv Inc. announced that Peter Dea will retire from its Board of Directors (the "Board") effective May 6, 2026. Steven Nance has been unanimously elected by the Board to replace Dea as Board Chairman. Mr. Dea joined the Board in 2010 and has served as Chairman since 2020. With over 40 years of leadership and value creation expertise in the E&P industry, successfully leading both public and private companies, he developed a track record of delivering substantial shareholder value. His experience brought to the Ovintiv Board valuable insight into oil and gas operations, sustainability, strategy, and energy-related policy. Through his personal and professional efforts, Mr. Dea has prioritized sustainability and stewardship and, with his family, established a foundation that supports education, science, and conservation causes. Nance brings over a decade of experience as a corporate director and extensive expertise in governance, M&A and shareholder engagement. He has served on multiple public and private boards, has experience as Lead Director and Committee Chair, and contributed to best-in-class governance practices. He is currently President and Manager of Steele Creek Energy, LLC, a private oil and gas investment firm. He has served on the Ovintiv Board for six years and is currently the Chair of the Environment, Health and Safety Committee.Recent Insider Transactions • Dec 10Executive VP & COO recently sold CA$3.0m worth of stockOn the 4th of December, Gregory Givens sold around 50k shares on-market at roughly CA$59.27 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gregory's only on-market trade for the last 12 months.Upcoming Dividend • Dec 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 December 2025. Payment date: 31 December 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.8%. Lower than top quartile of Canadian dividend payers (5.9%). Lower than average of industry peers (4.2%).Declared Dividend • Nov 07Third quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th December 2025 Payment date: 31st December 2025 Dividend yield will be 2.9%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (132% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 46% to bring the payout ratio under control. EPS is expected to grow by 183% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Nov 06Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.58 (down from US$1.93 in 3Q 2024). Revenue: US$2.02b (down 7.3% from 3Q 2024). Net income: US$148.0m (down 71% from 3Q 2024). Profit margin: 7.3% (down from 23% in 3Q 2024). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Nov 05+ 2 more updatesOvintiv Inc. Provides Production Guidance for the Year 2026Ovintiv Inc. provided production guidance for the year 2026. The company plans to operate an average of six rigs across its combined Montney acreage. The Company plans to run five rigs on its Permian acreage and one rig on its Anadarko acreage. Before the impact of any dispositions, the Company expects to deliver 2026 total average oil and condensate production volumes of approximately 230 Mbbls/d and total volumes of approximately 715 MBOE/d, with capital investment of less than $2.5 billion.お知らせ • Oct 08Ovintiv Inc. to Report Q3, 2025 Results on Nov 04, 2025Ovintiv Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025Upcoming Dividend • Sep 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 September 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (5.8%). Lower than average of industry peers (4.5%).Declared Dividend • Jul 28Second quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th September 2025 Payment date: 29th September 2025 Dividend yield will be 2.8%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 224% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.19 (down from US$1.28 in 2Q 2024). Revenue: US$2.30b (up 4.9% from 2Q 2024). Net income: US$307.0m (down 9.7% from 2Q 2024). Profit margin: 13% (down from 16% in 2Q 2024). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 3.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Jul 11Ovintiv Inc. to Report Q2, 2025 Results on Jul 24, 2025Ovintiv Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025Upcoming Dividend • Jun 06Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (4.8%).Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$54.43, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Negligible returns to shareholders over past three years.Declared Dividend • May 09First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 13th June 2025 Payment date: 30th June 2025 Dividend yield will be 3.1%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 142% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 08First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: US$0.61 loss per share (down from US$1.25 profit in 1Q 2024). Revenue: US$2.38b (flat on 1Q 2024). Net loss: US$159.0m (down 147% from profit in 1Q 2024). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • May 07+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on June 30, 2025On May 6, 2025, Ovintiv's Board declared a quarterly dividend of $0.30 per share of common stock payable on June 30, 2025, to shareholders of record as of June 13, 2025.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CA$46.91, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total loss to shareholders of 23% over the past three years.お知らせ • Mar 27Ovintiv Inc. to Report Q1, 2025 Results on May 06, 2025Ovintiv Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025Declared Dividend • Mar 02Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 14th March 2025 Payment date: 31st March 2025 Dividend yield will be 2.5%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 01Ovintiv Inc. Appoints Terri G. King to the Environment, Health and Safety Committee and the Reserves Committee of the BoardOn February 21, 2025, the Board of Ovintiv Inc. appointed Ms. Terri G. King to the Environment, Health and Safety Committee and the Reserves Committee of the Board effective February 21, 2025.Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$4.25 (down from US$8.02 in FY 2023). Revenue: US$9.08b (down 15% from FY 2023). Net income: US$1.13b (down 46% from FY 2023). Profit margin: 12% (down from 20% in FY 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Feb 03Ovintiv Inc., Annual General Meeting, May 01, 2025Ovintiv Inc., Annual General Meeting, May 01, 2025.お知らせ • Jan 28Ovintiv Inc. Appoints Terri King to Board of Directors, Effective January 31, 2025Ovintiv Inc. announced that Terri G. King has been named as an independent member of its board of directors, effective January 31, 2025. King, 63, retired from ConocoPhillips Company (ConocoPhillips) in 2023 as Chief Commercial Officer and Vice President. During her lengthy career with ConocoPhillips, she held various roles including President, Lower 48; President, Europe & North Africa; President, United Kingdom; and General Manager of Global Production. King received her Bachelor of Science degree in engineering science from Trinity University and a Master of Business Administration degree from the University of Houston. She is a licensed Professional Engineer. Ovintiv maintains an ongoing Board refreshment process. King's appointment marks the Company's third new independent director in as many years.お知らせ • Jan 17Ovintiv Inc. to Report Q4, 2024 Results on Feb 26, 2025Ovintiv Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 26, 2025Upcoming Dividend • Dec 06Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 13 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (6.1%). Lower than average of industry peers (4.5%).Declared Dividend • Nov 11Third quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 13th December 2024 Payment date: 31st December 2024 Dividend yield will be 2.5%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 11% over the next 2 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Nov 08Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.93 (up from US$1.48 in 3Q 2023). Revenue: US$2.31b (down 21% from 3Q 2023). Net income: US$507.0m (up 25% from 3Q 2023). Profit margin: 22% (up from 14% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 7.9%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Canada are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 12Ovintiv Inc. to Report Q3, 2024 Results on Nov 07, 2024Ovintiv Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$58.22, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$106 per share.New Risk • Sep 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risks High level of debt (59% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (19% net profit margin).Upcoming Dividend • Sep 06Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (6.0%). Lower than average of industry peers (4.7%).Declared Dividend • Aug 02Second quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 2.6%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$1.28. Revenue: US$2.19b (down 6.8% from 2Q 2023). Net income: US$340.0m (up 1.2% from 2Q 2023). Profit margin: 16% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 5.1%. Revenue is forecast to stay flat during the next 3 years compared to a 4.9% growth forecast for the Oil and Gas industry in Canada.お知らせ • Jul 12Ovintiv Inc. to Report Q2, 2024 Results on Jul 30, 2024Ovintiv Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024お知らせ • Jul 03+ 2 more updatesOvintiv Inc.(NYSE:OVV) dropped from Russell 2500 Growth IndexOvintiv Inc.(NYSE:OVV) dropped from Russell 2500 Growth IndexNew Risk • Jun 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (19% net profit margin). Shareholders have been diluted in the past year (9.2% increase in shares outstanding). Significant insider selling over the past 3 months (CA$6.4m sold).Upcoming Dividend • Jun 07Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.3%). Lower than average of industry peers (4.8%).Buy Or Sell Opportunity • Jun 03Now 25% undervaluedThe stock has been flat over the last 90 days, currently trading at CA$65.96. The fair value is estimated to be CA$87.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.8% in 2 years. Earnings are forecast to decline by 0.2% in the next 2 years.New Risk • May 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (19% net profit margin). Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Significant insider selling over the past 3 months (CA$7.1m sold).Recent Insider Transactions • May 17Independent Director recently sold CA$821k worth of stockOn the 13th of May, Steven Nance sold around 12k shares on-market at roughly CA$68.41 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$5.3m. Insiders have been net sellers, collectively disposing of CA$8.3m more than they bought in the last 12 months.Declared Dividend • May 10First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 2.2%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 09+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on June 28, 2024On May 7, 2024, Ovintiv's Board declared a quarterly dividend of $0.30 per share of common stock payable on June 28, 2024, to shareholders of record as of June 14, 2024.Reported Earnings • May 08First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: US$1.25 (down from US$1.99 in 1Q 2023). Revenue: US$2.33b (down 10.0% from 1Q 2023). Net income: US$338.0m (down 31% from 1Q 2023). Profit margin: 14% (down from 19% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to stay flat during the next 3 years compared to a 5.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Apr 30Now 20% undervaluedOver the last 90 days, the stock has risen 24% to CA$70.62. The fair value is estimated to be CA$88.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.5% per annum. Earnings are forecast to decline by 3.0% per annum over the same time period.Buy Or Sell Opportunity • Apr 15Now 21% undervaluedOver the last 90 days, the stock has risen 33% to CA$72.48. The fair value is estimated to be CA$91.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings are forecast to decline by 3.9% per annum over the same time period.お知らせ • Apr 09Ovintiv Inc. to Report Q1, 2024 Results on May 07, 2024Ovintiv Inc. announced that they will report Q1, 2024 results on May 07, 2024New Risk • Mar 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (12% increase in shares outstanding). Significant insider selling over the past 3 months (CA$6.3m sold).Recent Insider Transactions • Mar 15Executive Vice President of Midstream recently sold CA$5.3m worth of stockOn the 14th of March, Renee Zemljak sold around 76k shares on-market at roughly CA$68.88 per share. This transaction amounted to 73% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$7.5m more than they bought in the last 12 months.お知らせ • Mar 10Ovintiv Inc. Eliminates Renee E. Zemljak as Executive Vice-President, Midstream, Marketing & Fundamentals, Effective April 1, 2024On March 7, 2024, Ovintiv Inc. announced that it will eliminate the role of Executive Vice-President, Midstream, Marketing & Fundamentals of the Company, and as a result, Renee E. Zemljak will no longer serve in the role effective as of April 1, 2024. On March 7, 2024, the Company and Ms. Zemljak also entered into a transition services and separation agreement. Pursuant to the Transition Agreement, Ms. Zemljak will remain a non-officer Senior Advisor to the Company to advise on matters relating to the transition through December 1, 2024, (the period from April 1, 2024, through Ms. Zemljak’s actual separation date, the “Transition Period”). Ms. Zemljak will retire at the expiration of the Transition Period.Upcoming Dividend • Mar 07Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (5.2%).Recent Insider Transactions • Mar 06Insider recently sold CA$639k worth of stockOn the 1st of March, Rachel Moore sold around 9k shares on-market at roughly CA$68.68 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.3m more than they bought in the last 12 months.Declared Dividend • Mar 01Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 2.2%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 29+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on March 28, 2024On February 27, 2024, Ovintiv Inc.'s Board declared a quarterly dividend of $0.30 per share of common stock payable on March 28, 2024, to shareholders of record as of March 15, 2024.Reported Earnings • Feb 28Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$8.02 (down from US$14.34 in FY 2022). Revenue: US$10.8b (down 24% from FY 2022). Net income: US$2.09b (down 43% from FY 2022). Profit margin: 19% (down from 26% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Feb 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to CA$55.93. The fair value is estimated to be CA$70.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are forecast to decline by 1.7% per annum over the same time period.お知らせ • Feb 06Ovintiv Inc., Annual General Meeting, May 02, 2024Ovintiv Inc., Annual General Meeting, May 02, 2024.お知らせ • Jan 27Ovintiv Inc. to Report Q4, 2023 Results on Feb 27, 2024Ovintiv Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024お知らせ • Jan 12Ovintiv Inc. Appoints Sippy Chhina as Independent Member of Its Board of Directors, Effective January 15, 2024Ovintiv Inc. announced that Sippy Chhina has been named as an independent member of its board of directors, effective January 15, 2024. Chhina, 57, recently retired as a Partner at Deloitte Canada LLP, a leading multinational professional services network, where she held various roles since 2006. In addition to her client responsibilities, she also served as a member on the Board of Deloitte Canada and was a Vice Chair of the Firm. Prior to joining Deloitte Canada, Chhina served in roles of increasing responsibility with BDO LLP, including Partner from 1999 to 2006. She brings deep technical expertise in accounting, audit and financial reporting matters, extensive energy industry experience and professional services experience. Chhina immigrated to Canada from India in 1985, is a Chartered Professional Accountant and has her ICD.D designation from the Institute of Corporate Directors.お知らせ • Dec 14Ovintiv Inc. Announces Retirement of Katherine L. Minyard as Director, Effective December 31, 2023On December 12, 2023, Katherine L. Minyard notified the Board of Directors of Ovintiv Inc. (Corporation) that she will retire as a director of the Corporation effective December 31, 2023. Ms. Minyard’s decision to retire was not based on any disagreement with the Corporation on any matter relating to the Corporation’s operations, policies or practices. The Board has fixed the number of directors at eleven effective the end of her term.Recent Insider Transactions Derivative • Dec 07President exercised options and sold CA$1.1m worth of stockOn the 4th of December, Brendan McCracken exercised options to acquire 18k shares at no cost and sold these for an average price of CA$59.90 per share. This trade did not impact their existing holding. For the year to December 2019, Brendan's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Brendan has owned 139.83k shares directly. Company insiders have collectively sold CA$27m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Dec 07Upcoming dividend of US$0.30 per share at 2.9% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (6.6%). Lower than average of industry peers (5.2%).Recent Insider Transactions • Dec 02Independent Director recently sold CA$775k worth of stockOn the 29th of November, Steven Nance sold around 13k shares on-market at roughly CA$59.59 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$5.5m more than they bought in the last 12 months.お知らせ • Nov 22+ 1 more updateOvintiv Inc. has completed a Follow-on Equity Offering in the amount of $416.89 million.Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $416.89 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 8,195,455 Price\Range: $44.35 Discount Per Security: $0.35 Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,204,545 Price\Range: $44.35 Discount Per Security: $0お知らせ • Nov 10+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on December 29, 2023Ovintiv Inc. declared quarterly dividend of $0.30 per share of common stock payable on December 29, 2023, to shareholders of record as of December 15, 2023.Reported Earnings • Nov 09Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$1.48 (down from US$4.70 in 3Q 2022). Revenue: US$2.63b (down 28% from 3Q 2022). Net income: US$406.0m (down 66% from 3Q 2022). Profit margin: 15% (down from 33% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Canada are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 11Ovintiv Inc. to Report Q3, 2023 Results on Nov 07, 2023Ovintiv Inc. announced that they will report Q3, 2023 results on Nov 07, 2023お知らせ • Sep 12Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $681.75 million.Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $681.75 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 15,000,000 Price\Range: $45.45Upcoming Dividend • Sep 07Upcoming dividend of US$0.30 per share at 2.5% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 7.8% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (5.0%).Recent Insider Transactions Derivative • Aug 11President exercised options and sold CA$1.4m worth of stockOn the 7th of August, Brendan McCracken exercised options to acquire 22k shares at no cost and sold these for an average price of CA$63.03 per share. This trade did not impact their existing holding. For the year to December 2019, Brendan's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2022, Brendan's direct individual holding has increased from 56.16k shares to 139.83k. Company insiders have collectively sold CA$28m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Jul 30Ovintiv Inc. Revises Production Guidance for the Year 2023 and Provides Production Guidance for the Third Quarter of 2023, Second-Half and Full Year of 2024Ovintiv Inc. revised production guidance for the year 2023 and provided production guidance for the third quarter of 2023, second-half and full year of 2024. For the full year 2023, the company expects revised total production to be in the range of 535 MBOE/d to 550 MBOE/d compared to previously expected total production to be in the range of 521 MBOE/d to 546 MBOE/d. For the third quarter of 2023, the company expects total production to be in the range of 540 MBOE/d to 560 MBOE/d. In 2024, the company expects to deliver total company average oil and condensate production volumes of greater than 200 Mbbls/d. The company's production profile is expected to normalize by mid-year 2024 with second-half 2024 oil and condensate production stabilizing at 200 Mbbls/d.株主還元OVVCA Oil and GasCA 市場7D1.4%-0.2%1.4%1Y41.1%42.5%31.6%株主還元を見る業界別リターン: OVV過去 1 年間で42.5 % の収益を上げたCanadian Oil and Gas業界を下回りました。リターン対市場: OVV過去 1 年間で31.6 % の収益を上げたCanadian市場を上回りました。価格変動Is OVV's price volatile compared to industry and market?OVV volatilityOVV Average Weekly Movement5.3%Oil and Gas Industry Average Movement8.3%Market Average Movement10.1%10% most volatile stocks in CA Market17.4%10% least volatile stocks in CA Market3.7%安定した株価: OVV 、 Canadian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: OVVの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20201,465Brendan McCrackenwww.ovintiv.comOvintiv Inc.は、その子会社とともに北米で天然ガス、石油、天然ガス液化物の探鉱、開発、生産、販売を行っている。旧社名はEncana Corporationで、2020年1月に社名をOvintiv Inc.に変更した。Ovintiv Inc.は2020年に法人化され、コロラド州デンバーに本社を置いている。もっと見るOvintiv Inc. 基礎のまとめOvintiv の収益と売上を時価総額と比較するとどうか。OVV 基礎統計学時価総額CA$22.21b収益（TTM）CA$1.08b売上高(TTM)CA$12.39b20.9xPER（株価収益率1.8xP/SレシオOVV は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計OVV 損益計算書（TTM）収益US$8.87b売上原価US$4.19b売上総利益US$4.67bその他の費用US$3.90b収益US$771.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.74グロス・マージン52.69%純利益率8.70%有利子負債／自己資本比率55.4%OVV の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.1%現在の配当利回り40%配当性向OVV 配当は確実ですか？OVV 配当履歴とベンチマークを見るOVV 、いつまでに購入すれば配当金を受け取れますか？Ovintiv 配当日配当落ち日Jun 15 2026配当支払日Jun 30 2026配当落ちまでの日数1 day配当支払日までの日数16 daysOVV 配当は確実ですか？OVV 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/12 10:50終値2026/06/12 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ovintiv Inc. 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。54 アナリスト機関Patrick O'RourkeATB CormarkLaique Ahmad Amir ArifATB Cormark Historical (Cormark Securities)Brent WatsonATB Cormark Historical (Cormark Securities)51 その他のアナリストを表示
Upcoming Dividend • Jun 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (3.4%).
Declared Dividend • May 14First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 14Ovintiv Declares Quarterly Dividend, Payable on June 30, 2026On May 11, 2026, Ovintiv's Board declared a quarterly dividend of $0.30 per share of common stock payable on June 30, 2026, to shareholders of record as of June 15, 2026.
お知らせ • May 13Ovintiv Inc. Provides Production Guidance for the Second Quarter of 2026 and Reiterated Full Year of 2026Ovintiv Inc. provided production guidance for the second quarter of 2026 and reiterated full year of 2026. For the quarter, the company expects total production of 610 MBOE/d to 635 MBOE/d, Oil & Condensate to be 200 Mbbls/d to 205 Mbbls/d, NGLs (C2 - C4) to be 75 Mbbls/d to 80 Mbbls/d and Natural Gas to be 2,000 MMcf/d – 2,100 MMcf/d. For the full year, the company expects total production of 620 MBOE/d to 645 MBOE/d, Oil & Condensate to be 205 Mbbls/d to 212 Mbbls/d, NGLs (C2 - C4) to be 80 Mbbls/d to 85 Mbbls/d and Natural Gas to be 2,000 MMcf/d – 2,100 MMcf/d.
Reported Earnings • May 12First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: US$2.35 loss per share (further deteriorated from US$0.61 loss in 1Q 2025). Revenue: US$2.53b (up 6.6% from 1Q 2025). Net loss: US$630.0m (loss widened 296% from 1Q 2025). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 11Ovintiv Inc. to Report Q1, 2026 Results on May 11, 2026Ovintiv Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026
Upcoming Dividend • Jun 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (3.4%).
Declared Dividend • May 14First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 14Ovintiv Declares Quarterly Dividend, Payable on June 30, 2026On May 11, 2026, Ovintiv's Board declared a quarterly dividend of $0.30 per share of common stock payable on June 30, 2026, to shareholders of record as of June 15, 2026.
お知らせ • May 13Ovintiv Inc. Provides Production Guidance for the Second Quarter of 2026 and Reiterated Full Year of 2026Ovintiv Inc. provided production guidance for the second quarter of 2026 and reiterated full year of 2026. For the quarter, the company expects total production of 610 MBOE/d to 635 MBOE/d, Oil & Condensate to be 200 Mbbls/d to 205 Mbbls/d, NGLs (C2 - C4) to be 75 Mbbls/d to 80 Mbbls/d and Natural Gas to be 2,000 MMcf/d – 2,100 MMcf/d. For the full year, the company expects total production of 620 MBOE/d to 645 MBOE/d, Oil & Condensate to be 205 Mbbls/d to 212 Mbbls/d, NGLs (C2 - C4) to be 80 Mbbls/d to 85 Mbbls/d and Natural Gas to be 2,000 MMcf/d – 2,100 MMcf/d.
Reported Earnings • May 12First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: US$2.35 loss per share (further deteriorated from US$0.61 loss in 1Q 2025). Revenue: US$2.53b (up 6.6% from 1Q 2025). Net loss: US$630.0m (loss widened 296% from 1Q 2025). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 11Ovintiv Inc. to Report Q1, 2026 Results on May 11, 2026Ovintiv Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026
お知らせ • Apr 10An undisclosed buyer completed the acquisition of Anadarko Assets in Oklahoma of Ovintiv Inc.An undisclosed buyer entered into a definitive agreement to acquire Anadarko Assets in Oklahoma of Ovintiv Inc. for $2.9 billion on January 1, 2026. A cash consideration of $3 billion will be paid by the buyer. The sale includes approximately 360 thousand net acres, which represents substantially all of the Ovintiv Inc's acreage in the play. Month to date production in February is approximately 90 thousand barrels of oil equivalent per day including approximately 27 thousand barrels per day of oil and condensate, approximately 240 million cubic feet per day of natural gas and approximately 23 thousand barrels per day of natural gas liquids. The transaction marks a significant milestone for Ovintiv Inc by focusing on its portfolio, delivering on debt target, and unlocking increased returns to its shareholders. The sale is subject to the satisfaction of normal closing conditions and customary closing adjustments and is expected to close early in the second quarter of 2026. The transaction receipt of necessary third party consents and governmental approvals, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, consummation of the Pre-Closing Reorganization. Wells Fargo & Company acted as financial advisor to Ovintiv Inc. David Castro Jr, Lindsey Jaquillard, Kyle Watson, Colleen Haile, Maureen O'Brien, Caitlin Pyrce, Stephen Jacobson, Maddison Riddick, Christie Alcala, Mark Dundon, Damien Lyster, Paul Tanaka, Chuck Boyars, Matthew Wheatley, Jordan Roberts, Purun Cheong, Michael Rigdon and Sara Lampert of Kirkland & Ellis LLP acted as legal advisor to Ovintiv Inc. Chris Heasley, John Stavinoha, Bryant Lee, Christine Mainguy, Benjamin Rosemergy, Laura Waller, Peter Todaro, Joshua Marnitz, S. Drew Levin, Robin Hulshizer and J. Patrick Nevins of Latham & Watkins LLP acted as legal advisor to undisclosed buyer. An undisclosed buyer completed the acquisition of Anadarko Assets in Oklahoma of Ovintiv Inc. on April 9, 2026.
お知らせ • Mar 26Ovintiv Inc., Annual General Meeting, May 06, 2026Ovintiv Inc., Annual General Meeting, May 06, 2026.
Recent Insider Transactions • Mar 19Insider recently sold CA$872k worth of stockOn the 13th of March, Meghan Eilers sold around 12k shares on-market at roughly CA$75.27 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$7.6m more than they bought in the last 12 months.
Declared Dividend • Feb 26Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 13th March 2026 Payment date: 31st March 2026 Dividend yield will be 2.3%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 24Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$4.83 (up from US$4.25 in FY 2024). Revenue: US$8.66b (down 3.1% from FY 2024). Net income: US$1.24b (up 10% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). Oil reserves Proven reserves: 442.7 MMbbls Gas reserves Proven reserves: 6933 Bcf LNG reserves Proven reserves: 726.8 MMbbls Combined production Oil equivalent production: 224.3 MMboe (214.1 MMboe in FY 2024) Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 121%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Feb 24+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on March 31, 2026On February 23, 2026, Ovintiv Inc.'s Board declared a quarterly dividend of $0.30 per share of common stock payable on March 31, 2026, to shareholders of record as of March 13, 2026.
お知らせ • Feb 21Ovintiv Inc. Appoints Gregory P. Hill to the Corporate Responsibility and Governance Committee and the Environment, Health and Safety Committee of the Board, Effective February 17, 2026Ovintiv Inc. announced that on February 15, 2026, the Board appointed Mr. Gregory P. Hill to the Corporate Responsibility and Governance Committee and the Environment, Health and Safety Committee of the Board effective February 17, 2026.
お知らせ • Feb 19An undisclosed buyer entered into a definitive agreement to acquire Anadarko Assets in Oklahoma of Ovintiv Inc. for $3 billion.An undisclosed buyer entered into a definitive agreement to acquire Anadarko Assets in Oklahoma of Ovintiv Inc. for $3 billion on February 17, 2026. A cash consideration of $3 billion will be paid by the buyer. The sale includes approximately 360 thousand net acres, which represents substantially all of the Ovintiv Inc's acreage in the play. Month to date production in February is approximately 90 thousand barrels of oil equivalent per day including approximately 27 thousand barrels per day of oil and condensate, approximately 240 million cubic feet per day of natural gas and approximately 23 thousand barrels per day of natural gas liquids. The transaction marks a significant milestone for Ovintiv Inc by focusing on its portfolio, delivering on debt target, and unlocking increased returns to its shareholders. The sale is subject to the satisfaction of normal closing conditions and customary closing adjustments and is expected to close early in the second quarter of 2026. Wells Fargo & Company acted as financial advisor to Ovintiv Inc. David Castro Jr, Lindsey Jaquillard, Kyle Watson, Colleen Haile, Maureen O'Brien, Caitlin Pyrce, Stephen Jacobson, Maddison Riddick, Christie Alcala, Mark Dundon, Damien Lyster, Paul Tanaka, Chuck Boyars, Matthew Wheatley, Jordan Roberts, Purun Cheong, Michael Rigdon and Sara Lampert of Kirkland & Ellis LLP acted as legal advisor to Ovintiv Inc. Chris Heasley, John Stavinoha, Bryant Lee, Christine Mainguy, Benjamin Rosemergy, Laura Waller, Peter Todaro, Joshua Marnitz, S. Drew Levin, Robin Hulshizer and J. Patrick Nevins of Latham & Watkins LLP acted as legal advisor to undisclosed buyer.
お知らせ • Jan 30Ovintiv Inc. Appoints Gregory P. Hill as Independent Board Member, Effective January 30, 2026Ovintiv Inc. announced that Gregory P. Hill has been appointed as an independent member of its board of directors, effective January 30, 2026. Hill, aged 64, retired in 2025 as President, Worldwide Exploration & Production and Executive Vice President of Hess Corporation. During more than four decades in the energy industry, he held senior leadership roles at Hess, Shell, Aera Energy, and other organizations, leading major global portfolios across North America, Europe, Asia Pacific, and the Middle East. At Hess, Hill oversaw significant portfolio transformation, operational excellence initiatives, and major growth in key regions including Guyana, the Bakken, and the Gulf of America. He previously served in senior executive roles with Shell International E&P in both Europe and Asia, and Aera Energy. Hill holds a Bachelor of Science in Mechanical Engineering (with honors) from the University of Wyoming and received an Honorary Doctorate from the University in 2024.
お知らせ • Jan 20Ovintiv Inc. to Report Q4, 2025 Results on Feb 23, 2026Ovintiv Inc. announced that they will report Q4, 2025 results After-Market on Feb 23, 2026
Recent Insider Transactions • Dec 17Executive VP & COO recently sold CA$2.8m worth of stockOn the 12th of December, Gregory Givens sold around 50k shares on-market at roughly CA$55.59 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$3.0m. Gregory has been a net seller over the last 12 months, reducing personal holdings by CA$5.7m.
お知らせ • Dec 13Ovintiv Inc. Announces Board ChangesOvintiv Inc. announced that Peter Dea will retire from its Board of Directors (the "Board") effective May 6, 2026. Steven Nance has been unanimously elected by the Board to replace Dea as Board Chairman. Mr. Dea joined the Board in 2010 and has served as Chairman since 2020. With over 40 years of leadership and value creation expertise in the E&P industry, successfully leading both public and private companies, he developed a track record of delivering substantial shareholder value. His experience brought to the Ovintiv Board valuable insight into oil and gas operations, sustainability, strategy, and energy-related policy. Through his personal and professional efforts, Mr. Dea has prioritized sustainability and stewardship and, with his family, established a foundation that supports education, science, and conservation causes. Nance brings over a decade of experience as a corporate director and extensive expertise in governance, M&A and shareholder engagement. He has served on multiple public and private boards, has experience as Lead Director and Committee Chair, and contributed to best-in-class governance practices. He is currently President and Manager of Steele Creek Energy, LLC, a private oil and gas investment firm. He has served on the Ovintiv Board for six years and is currently the Chair of the Environment, Health and Safety Committee.
Recent Insider Transactions • Dec 10Executive VP & COO recently sold CA$3.0m worth of stockOn the 4th of December, Gregory Givens sold around 50k shares on-market at roughly CA$59.27 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gregory's only on-market trade for the last 12 months.
Upcoming Dividend • Dec 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 December 2025. Payment date: 31 December 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.8%. Lower than top quartile of Canadian dividend payers (5.9%). Lower than average of industry peers (4.2%).
Declared Dividend • Nov 07Third quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th December 2025 Payment date: 31st December 2025 Dividend yield will be 2.9%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is not covered by earnings (132% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 46% to bring the payout ratio under control. EPS is expected to grow by 183% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Nov 06Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.58 (down from US$1.93 in 3Q 2024). Revenue: US$2.02b (down 7.3% from 3Q 2024). Net income: US$148.0m (down 71% from 3Q 2024). Profit margin: 7.3% (down from 23% in 3Q 2024). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 05+ 2 more updatesOvintiv Inc. Provides Production Guidance for the Year 2026Ovintiv Inc. provided production guidance for the year 2026. The company plans to operate an average of six rigs across its combined Montney acreage. The Company plans to run five rigs on its Permian acreage and one rig on its Anadarko acreage. Before the impact of any dispositions, the Company expects to deliver 2026 total average oil and condensate production volumes of approximately 230 Mbbls/d and total volumes of approximately 715 MBOE/d, with capital investment of less than $2.5 billion.
お知らせ • Oct 08Ovintiv Inc. to Report Q3, 2025 Results on Nov 04, 2025Ovintiv Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025
Upcoming Dividend • Sep 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 September 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (5.8%). Lower than average of industry peers (4.5%).
Declared Dividend • Jul 28Second quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 15th September 2025 Payment date: 29th September 2025 Dividend yield will be 2.8%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 224% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.19 (down from US$1.28 in 2Q 2024). Revenue: US$2.30b (up 4.9% from 2Q 2024). Net income: US$307.0m (down 9.7% from 2Q 2024). Profit margin: 13% (down from 16% in 2Q 2024). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 3.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 11Ovintiv Inc. to Report Q2, 2025 Results on Jul 24, 2025Ovintiv Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025
Upcoming Dividend • Jun 06Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (4.8%).
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$54.43, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Negligible returns to shareholders over past three years.
Declared Dividend • May 09First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 13th June 2025 Payment date: 30th June 2025 Dividend yield will be 3.1%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 142% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 08First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: US$0.61 loss per share (down from US$1.25 profit in 1Q 2024). Revenue: US$2.38b (flat on 1Q 2024). Net loss: US$159.0m (down 147% from profit in 1Q 2024). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • May 07+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on June 30, 2025On May 6, 2025, Ovintiv's Board declared a quarterly dividend of $0.30 per share of common stock payable on June 30, 2025, to shareholders of record as of June 13, 2025.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CA$46.91, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total loss to shareholders of 23% over the past three years.
お知らせ • Mar 27Ovintiv Inc. to Report Q1, 2025 Results on May 06, 2025Ovintiv Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025
Declared Dividend • Mar 02Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 14th March 2025 Payment date: 31st March 2025 Dividend yield will be 2.5%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 01Ovintiv Inc. Appoints Terri G. King to the Environment, Health and Safety Committee and the Reserves Committee of the BoardOn February 21, 2025, the Board of Ovintiv Inc. appointed Ms. Terri G. King to the Environment, Health and Safety Committee and the Reserves Committee of the Board effective February 21, 2025.
Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$4.25 (down from US$8.02 in FY 2023). Revenue: US$9.08b (down 15% from FY 2023). Net income: US$1.13b (down 46% from FY 2023). Profit margin: 12% (down from 20% in FY 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Feb 03Ovintiv Inc., Annual General Meeting, May 01, 2025Ovintiv Inc., Annual General Meeting, May 01, 2025.
お知らせ • Jan 28Ovintiv Inc. Appoints Terri King to Board of Directors, Effective January 31, 2025Ovintiv Inc. announced that Terri G. King has been named as an independent member of its board of directors, effective January 31, 2025. King, 63, retired from ConocoPhillips Company (ConocoPhillips) in 2023 as Chief Commercial Officer and Vice President. During her lengthy career with ConocoPhillips, she held various roles including President, Lower 48; President, Europe & North Africa; President, United Kingdom; and General Manager of Global Production. King received her Bachelor of Science degree in engineering science from Trinity University and a Master of Business Administration degree from the University of Houston. She is a licensed Professional Engineer. Ovintiv maintains an ongoing Board refreshment process. King's appointment marks the Company's third new independent director in as many years.
お知らせ • Jan 17Ovintiv Inc. to Report Q4, 2024 Results on Feb 26, 2025Ovintiv Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 26, 2025
Upcoming Dividend • Dec 06Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 13 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (6.1%). Lower than average of industry peers (4.5%).
Declared Dividend • Nov 11Third quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 13th December 2024 Payment date: 31st December 2024 Dividend yield will be 2.5%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 11% over the next 2 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.93 (up from US$1.48 in 3Q 2023). Revenue: US$2.31b (down 21% from 3Q 2023). Net income: US$507.0m (up 25% from 3Q 2023). Profit margin: 22% (up from 14% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 7.9%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Canada are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 12Ovintiv Inc. to Report Q3, 2024 Results on Nov 07, 2024Ovintiv Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$58.22, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$106 per share.
New Risk • Sep 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risks High level of debt (59% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (19% net profit margin).
Upcoming Dividend • Sep 06Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (6.0%). Lower than average of industry peers (4.7%).
Declared Dividend • Aug 02Second quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 2.6%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$1.28. Revenue: US$2.19b (down 6.8% from 2Q 2023). Net income: US$340.0m (up 1.2% from 2Q 2023). Profit margin: 16% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 5.1%. Revenue is forecast to stay flat during the next 3 years compared to a 4.9% growth forecast for the Oil and Gas industry in Canada.
お知らせ • Jul 12Ovintiv Inc. to Report Q2, 2024 Results on Jul 30, 2024Ovintiv Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024
お知らせ • Jul 03+ 2 more updatesOvintiv Inc.(NYSE:OVV) dropped from Russell 2500 Growth IndexOvintiv Inc.(NYSE:OVV) dropped from Russell 2500 Growth Index
New Risk • Jun 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (19% net profit margin). Shareholders have been diluted in the past year (9.2% increase in shares outstanding). Significant insider selling over the past 3 months (CA$6.4m sold).
Upcoming Dividend • Jun 07Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.3%). Lower than average of industry peers (4.8%).
Buy Or Sell Opportunity • Jun 03Now 25% undervaluedThe stock has been flat over the last 90 days, currently trading at CA$65.96. The fair value is estimated to be CA$87.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.8% in 2 years. Earnings are forecast to decline by 0.2% in the next 2 years.
New Risk • May 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (19% net profit margin). Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Significant insider selling over the past 3 months (CA$7.1m sold).
Recent Insider Transactions • May 17Independent Director recently sold CA$821k worth of stockOn the 13th of May, Steven Nance sold around 12k shares on-market at roughly CA$68.41 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$5.3m. Insiders have been net sellers, collectively disposing of CA$8.3m more than they bought in the last 12 months.
Declared Dividend • May 10First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 2.2%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 09+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on June 28, 2024On May 7, 2024, Ovintiv's Board declared a quarterly dividend of $0.30 per share of common stock payable on June 28, 2024, to shareholders of record as of June 14, 2024.
Reported Earnings • May 08First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: US$1.25 (down from US$1.99 in 1Q 2023). Revenue: US$2.33b (down 10.0% from 1Q 2023). Net income: US$338.0m (down 31% from 1Q 2023). Profit margin: 14% (down from 19% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to stay flat during the next 3 years compared to a 5.6% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Apr 30Now 20% undervaluedOver the last 90 days, the stock has risen 24% to CA$70.62. The fair value is estimated to be CA$88.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.5% per annum. Earnings are forecast to decline by 3.0% per annum over the same time period.
Buy Or Sell Opportunity • Apr 15Now 21% undervaluedOver the last 90 days, the stock has risen 33% to CA$72.48. The fair value is estimated to be CA$91.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings are forecast to decline by 3.9% per annum over the same time period.
お知らせ • Apr 09Ovintiv Inc. to Report Q1, 2024 Results on May 07, 2024Ovintiv Inc. announced that they will report Q1, 2024 results on May 07, 2024
New Risk • Mar 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (12% increase in shares outstanding). Significant insider selling over the past 3 months (CA$6.3m sold).
Recent Insider Transactions • Mar 15Executive Vice President of Midstream recently sold CA$5.3m worth of stockOn the 14th of March, Renee Zemljak sold around 76k shares on-market at roughly CA$68.88 per share. This transaction amounted to 73% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$7.5m more than they bought in the last 12 months.
お知らせ • Mar 10Ovintiv Inc. Eliminates Renee E. Zemljak as Executive Vice-President, Midstream, Marketing & Fundamentals, Effective April 1, 2024On March 7, 2024, Ovintiv Inc. announced that it will eliminate the role of Executive Vice-President, Midstream, Marketing & Fundamentals of the Company, and as a result, Renee E. Zemljak will no longer serve in the role effective as of April 1, 2024. On March 7, 2024, the Company and Ms. Zemljak also entered into a transition services and separation agreement. Pursuant to the Transition Agreement, Ms. Zemljak will remain a non-officer Senior Advisor to the Company to advise on matters relating to the transition through December 1, 2024, (the period from April 1, 2024, through Ms. Zemljak’s actual separation date, the “Transition Period”). Ms. Zemljak will retire at the expiration of the Transition Period.
Upcoming Dividend • Mar 07Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Canadian dividend payers (6.5%). Lower than average of industry peers (5.2%).
Recent Insider Transactions • Mar 06Insider recently sold CA$639k worth of stockOn the 1st of March, Rachel Moore sold around 9k shares on-market at roughly CA$68.68 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.3m more than they bought in the last 12 months.
Declared Dividend • Mar 01Fourth quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 2.2%, which is lower than the industry average of 5.4%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 29+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on March 28, 2024On February 27, 2024, Ovintiv Inc.'s Board declared a quarterly dividend of $0.30 per share of common stock payable on March 28, 2024, to shareholders of record as of March 15, 2024.
Reported Earnings • Feb 28Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$8.02 (down from US$14.34 in FY 2022). Revenue: US$10.8b (down 24% from FY 2022). Net income: US$2.09b (down 43% from FY 2022). Profit margin: 19% (down from 26% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Feb 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to CA$55.93. The fair value is estimated to be CA$70.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are forecast to decline by 1.7% per annum over the same time period.
お知らせ • Feb 06Ovintiv Inc., Annual General Meeting, May 02, 2024Ovintiv Inc., Annual General Meeting, May 02, 2024.
お知らせ • Jan 27Ovintiv Inc. to Report Q4, 2023 Results on Feb 27, 2024Ovintiv Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024
お知らせ • Jan 12Ovintiv Inc. Appoints Sippy Chhina as Independent Member of Its Board of Directors, Effective January 15, 2024Ovintiv Inc. announced that Sippy Chhina has been named as an independent member of its board of directors, effective January 15, 2024. Chhina, 57, recently retired as a Partner at Deloitte Canada LLP, a leading multinational professional services network, where she held various roles since 2006. In addition to her client responsibilities, she also served as a member on the Board of Deloitte Canada and was a Vice Chair of the Firm. Prior to joining Deloitte Canada, Chhina served in roles of increasing responsibility with BDO LLP, including Partner from 1999 to 2006. She brings deep technical expertise in accounting, audit and financial reporting matters, extensive energy industry experience and professional services experience. Chhina immigrated to Canada from India in 1985, is a Chartered Professional Accountant and has her ICD.D designation from the Institute of Corporate Directors.
お知らせ • Dec 14Ovintiv Inc. Announces Retirement of Katherine L. Minyard as Director, Effective December 31, 2023On December 12, 2023, Katherine L. Minyard notified the Board of Directors of Ovintiv Inc. (Corporation) that she will retire as a director of the Corporation effective December 31, 2023. Ms. Minyard’s decision to retire was not based on any disagreement with the Corporation on any matter relating to the Corporation’s operations, policies or practices. The Board has fixed the number of directors at eleven effective the end of her term.
Recent Insider Transactions Derivative • Dec 07President exercised options and sold CA$1.1m worth of stockOn the 4th of December, Brendan McCracken exercised options to acquire 18k shares at no cost and sold these for an average price of CA$59.90 per share. This trade did not impact their existing holding. For the year to December 2019, Brendan's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Brendan has owned 139.83k shares directly. Company insiders have collectively sold CA$27m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Dec 07Upcoming dividend of US$0.30 per share at 2.9% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (6.6%). Lower than average of industry peers (5.2%).
Recent Insider Transactions • Dec 02Independent Director recently sold CA$775k worth of stockOn the 29th of November, Steven Nance sold around 13k shares on-market at roughly CA$59.59 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$5.5m more than they bought in the last 12 months.
お知らせ • Nov 22+ 1 more updateOvintiv Inc. has completed a Follow-on Equity Offering in the amount of $416.89 million.Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $416.89 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 8,195,455 Price\Range: $44.35 Discount Per Security: $0.35 Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,204,545 Price\Range: $44.35 Discount Per Security: $0
お知らせ • Nov 10+ 1 more updateOvintiv Inc. Declares Quarterly Dividend, Payable on December 29, 2023Ovintiv Inc. declared quarterly dividend of $0.30 per share of common stock payable on December 29, 2023, to shareholders of record as of December 15, 2023.
Reported Earnings • Nov 09Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$1.48 (down from US$4.70 in 3Q 2022). Revenue: US$2.63b (down 28% from 3Q 2022). Net income: US$406.0m (down 66% from 3Q 2022). Profit margin: 15% (down from 33% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Canada are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 11Ovintiv Inc. to Report Q3, 2023 Results on Nov 07, 2023Ovintiv Inc. announced that they will report Q3, 2023 results on Nov 07, 2023
お知らせ • Sep 12Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $681.75 million.Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $681.75 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 15,000,000 Price\Range: $45.45
Upcoming Dividend • Sep 07Upcoming dividend of US$0.30 per share at 2.5% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 7.8% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (5.0%).
Recent Insider Transactions Derivative • Aug 11President exercised options and sold CA$1.4m worth of stockOn the 7th of August, Brendan McCracken exercised options to acquire 22k shares at no cost and sold these for an average price of CA$63.03 per share. This trade did not impact their existing holding. For the year to December 2019, Brendan's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2022, Brendan's direct individual holding has increased from 56.16k shares to 139.83k. Company insiders have collectively sold CA$28m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Jul 30Ovintiv Inc. Revises Production Guidance for the Year 2023 and Provides Production Guidance for the Third Quarter of 2023, Second-Half and Full Year of 2024Ovintiv Inc. revised production guidance for the year 2023 and provided production guidance for the third quarter of 2023, second-half and full year of 2024. For the full year 2023, the company expects revised total production to be in the range of 535 MBOE/d to 550 MBOE/d compared to previously expected total production to be in the range of 521 MBOE/d to 546 MBOE/d. For the third quarter of 2023, the company expects total production to be in the range of 540 MBOE/d to 560 MBOE/d. In 2024, the company expects to deliver total company average oil and condensate production volumes of greater than 200 Mbbls/d. The company's production profile is expected to normalize by mid-year 2024 with second-half 2024 oil and condensate production stabilizing at 200 Mbbls/d.
