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Ovintiv TSX:OVV Stock Report

Last Price

CA$72.49

Market Cap

CA$19.4b

7D

1.7%

1Y

53.6%

Updated

24 Apr, 2024

Data

Company Financials +

OVV Stock Overview

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada.

OVV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends3/6

Ovintiv Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ovintiv
Historical stock prices
Current Share PriceUS$72.49
52 Week HighUS$76.63
52 Week LowUS$43.23
Beta2.69
1 Month Change3.14%
3 Month Change25.46%
1 Year Change53.58%
3 Year Change142.20%
5 Year Change61.27%
Change since IPO1,421.10%

Recent News & Updates

Recent updates

Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Feb 20
Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Ovintiv Inc. (TSE:OVV) Shares Could Be 28% Below Their Intrinsic Value Estimate

Nov 08
Ovintiv Inc. (TSE:OVV) Shares Could Be 28% Below Their Intrinsic Value Estimate

Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Aug 03
Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued

Jul 19
An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued

Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today

Jul 05
Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today

Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet

Apr 22
Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet

Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate

Apr 06
Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate

Here's Why Ovintiv (TSE:OVV) Has Caught The Eye Of Investors

Mar 01
Here's Why Ovintiv (TSE:OVV) Has Caught The Eye Of Investors

A Look At The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Jan 03
A Look At The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Dec 12
Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Ovintiv Inc. (TSE:OVV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Sep 19
Ovintiv Inc. (TSE:OVV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Does Ovintiv (TSE:OVV) Have A Healthy Balance Sheet?

Aug 29
Does Ovintiv (TSE:OVV) Have A Healthy Balance Sheet?

Broker Revenue Forecasts For Ovintiv Inc. (TSE:OVV) Are Surging Higher

Aug 07
Broker Revenue Forecasts For Ovintiv Inc. (TSE:OVV) Are Surging Higher

Shareholder Returns

OVVCA Oil and GasCA Market
7D1.7%2.0%0.7%
1Y53.6%17.1%5.5%

Return vs Industry: OVV exceeded the Canadian Oil and Gas industry which returned 16.8% over the past year.

Return vs Market: OVV exceeded the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is OVV's price volatile compared to industry and market?
OVV volatility
OVV Average Weekly Movement3.2%
Oil and Gas Industry Average Movement6.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.0%

Stable Share Price: OVV's share price has been volatile over the past 3 months.

Volatility Over Time: OVV's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20201,743Brendan McCrackenwww.ovintiv.com

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.

Ovintiv Inc. Fundamentals Summary

How do Ovintiv's earnings and revenue compare to its market cap?
OVV fundamental statistics
Market capCA$19.45b
Earnings (TTM)CA$2.86b
Revenue (TTM)CA$14.61b

6.8x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OVV income statement (TTM)
RevenueUS$10.66b
Cost of RevenueUS$5.70b
Gross ProfitUS$4.97b
Other ExpensesUS$2.88b
EarningsUS$2.09b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)7.75
Gross Margin46.57%
Net Profit Margin19.56%
Debt/Equity Ratio55.3%

How did OVV perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

14%

Payout Ratio
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