Ovintiv Future Growth

Future criteria checks 0/6

Ovintiv's revenue and earnings are forecast to decline at 0.5% and 12% per annum respectively. EPS is expected to decline by 6.8% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

-12.0%

Earnings growth rate

-6.8%

EPS growth rate

Oil and Gas earnings growth	5.3%
Revenue growth rate	-0.5%
Future return on equity	12.1%
Analyst coverage	Good
Last updated	14 Nov 2024

Recent future growth updates

Recent updates

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

Jul 19

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

Jul 05

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

Apr 22

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

Apr 06

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

Mar 01

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

Jan 03

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

Dec 12

Earnings and Revenue Growth Forecasts

TSX:OVV - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	9,517	1,579	1,440	3,805	7
12/31/2025	8,937	1,269	1,374	3,830	8
12/31/2024	9,349	1,562	1,557	3,909	7
9/30/2024	9,562	2,041	1,723	4,063	N/A
6/30/2024	10,297	1,940	1,259	3,947	N/A
3/31/2024	10,456	1,936	1,033	3,758	N/A
12/31/2023	10,661	2,085	1,423	4,167	N/A
9/30/2023	11,056	2,564	999	3,680	N/A
6/30/2023	11,786	3,344	1,425	3,736	N/A
3/31/2023	13,448	4,365	2,259	4,249	N/A
12/31/2022	14,263	3,637	2,035	3,866	N/A
9/30/2022	14,092	3,686	1,806	3,731	N/A
6/30/2022	13,169	2,428	1,811	3,581	N/A
3/31/2022	11,628	866	1,367	2,987	N/A
12/31/2021	10,468	1,416	1,610	3,129	N/A
9/30/2021	9,030	-582	1,664	3,108	N/A
6/30/2021	7,636	-2,031	1,361	2,789	N/A
3/31/2021	6,186	-6,209	858	2,156	N/A
12/31/2020	5,509	-6,097	159	1,895	N/A
9/30/2020	5,741	-5,489	-145	1,906	N/A
6/30/2020	6,186	-3,819	-55	2,169	N/A
3/31/2020	7,011	900	196	2,958	N/A
12/31/2019	7,013	234	230	2,921	N/A
9/30/2019	6,623	1,270	332	2,750	N/A
6/30/2019	6,340	1,160	463	2,879	N/A
3/31/2019	5,769	673	230	2,448	N/A
12/31/2018	5,457	1,069	308	2,300	N/A
9/30/2018	5,166	-190	-29	2,110	N/A
6/30/2018	4,558	65	N/A	1,582	N/A
3/31/2018	4,218	547	N/A	1,325	N/A
12/31/2017	3,892	827	N/A	1,050	N/A
9/30/2017	3,737	775	N/A	880	N/A
6/30/2017	3,740	798	N/A	709	N/A
3/31/2017	3,497	-134	N/A	574	N/A
12/31/2016	3,122	-944	N/A	625	N/A
9/30/2016	2,646	-1,275	N/A	874	N/A
6/30/2016	3,075	-2,828	N/A	1,141	N/A
3/31/2016	3,211	-3,837	N/A	1,356	N/A
12/31/2015	3,830	-5,165	N/A	1,681	N/A
9/30/2015	5,645	-4,355	N/A	1,494	N/A
6/30/2015	6,618	-312	N/A	1,737	N/A
3/31/2015	7,376	1,569	N/A	2,206	N/A
12/31/2014	7,647	3,392	N/A	2,667	N/A
9/30/2014	7,188	2,943	N/A	2,868	N/A
6/30/2014	6,295	324	N/A	3,107	N/A
3/31/2014	6,691	783	N/A	2,894	N/A
12/31/2013	5,858	236	N/A	2,289	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OVV's earnings are forecast to decline over the next 3 years (-12% per year).

Earnings vs Market: OVV's earnings are forecast to decline over the next 3 years (-12% per year).

High Growth Earnings: OVV's earnings are forecast to decline over the next 3 years.

Revenue vs Market: OVV's revenue is expected to decline over the next 3 years (-0.5% per year).

High Growth Revenue: OVV's revenue is forecast to decline over the next 3 years (-0.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OVV's Return on Equity is forecast to be low in 3 years time (12.1%).

Ovintiv Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Ovintiv Inc. Revises Production Guidance for the Year 2023 and Provides Production Guidance for the Third Quarter of 2023, Second-Half and Full Year of 2024

Consensus EPS estimates fall by 10%

Consensus EPS estimates fall by 12%

Ovintiv Inc. Updates the Production Guidance for Second Quarter and Full Year of 2023

Ovintiv Inc. Provides Production Guidance for the Second Quarter and Reaffirms Production Guidance for the Full Year 2023 and Provides Production Guidance for the Year 2024

Consensus EPS estimates fall by 17%

Recent updates

Third quarter dividend of US$0.30 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Ovintiv Inc. to Report Q3, 2024 Results on Nov 07, 2024

Investor sentiment improves as stock rises 17%

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.30 per share

Second quarter dividend of US$0.30 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Ovintiv Inc. to Report Q2, 2024 Results on Jul 30, 2024

Ovintiv Inc.(NYSE:OVV) dropped from Russell 2500 Growth Index

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.30 per share

Now 25% undervalued

New major risk - Revenue and earnings growth

Independent Director recently sold CA$821k worth of stock

First quarter dividend of US$0.30 announced

Ovintiv Inc. Declares Quarterly Dividend, Payable on June 28, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued

Now 21% undervalued

Ovintiv Inc. to Report Q1, 2024 Results on May 07, 2024

New major risk - Revenue and earnings growth

Executive Vice President of Midstream recently sold CA$5.3m worth of stock

Ovintiv Inc. Eliminates Renee E. Zemljak as Executive Vice-President, Midstream, Marketing & Fundamentals, Effective April 1, 2024

Upcoming dividend of US$0.30 per share

Insider recently sold CA$639k worth of stock

Fourth quarter dividend of US$0.30 announced

Ovintiv Inc. Declares Quarterly Dividend, Payable on March 28, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

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

Now 20% undervalued after recent price drop

Ovintiv Inc., Annual General Meeting, May 02, 2024

Ovintiv Inc. to Report Q4, 2023 Results on Feb 27, 2024

Ovintiv Inc. Appoints Sippy Chhina as Independent Member of Its Board of Directors, Effective January 15, 2024

Ovintiv Inc. Announces Retirement of Katherine L. Minyard as Director, Effective December 31, 2023

President exercised options and sold CA$1.1m worth of stock

Upcoming dividend of US$0.30 per share at 2.9% yield

Independent Director recently sold CA$775k worth of stock

Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $416.89 million.

Ovintiv Inc. has filed a Follow-on Equity Offering.

Ovintiv Inc. Declares Quarterly Dividend, Payable on December 29, 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

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

Ovintiv Inc. to Report Q3, 2023 Results on Nov 07, 2023

Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $681.75 million.

Upcoming dividend of US$0.30 per share at 2.5% yield

President exercised options and sold CA$1.4m worth of stock

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

Ovintiv Inc. Revises Production Guidance for the Year 2023 and Provides Production Guidance for the Third Quarter of 2023, Second-Half and Full Year of 2024

Ovintiv Inc. Declares Quarterly Dividend, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: US$1.35 (vs US$5.28 in 2Q 2022)

Consensus EPS estimates fall by 10%

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

Consensus EPS estimates fall by 12%

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

Ovintiv Inc. to Report Q2, 2023 Results on Jul 27, 2023

New minor risk - Shareholder dilution

Ovintiv Inc. Updates the Production Guidance for Second Quarter and Full Year of 2023

Upcoming dividend of US$0.30 per share at 3.3% yield

Independent Director exercised options and sold CA$129k worth of stock

Ovintiv Inc. Provides Production Guidance for the Second Quarter and Reaffirms Production Guidance for the Full Year 2023 and Provides Production Guidance for the Year 2024

First quarter 2023 earnings released: EPS: US$1.99 (vs US$0.94 loss in 1Q 2022)

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

Consensus EPS estimates fall by 17%

Consensus EPS estimates fall by 11%

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

Investor sentiment deteriorates as stock falls 20%

Executive Vice President of Midstream exercised options and sold CA$3.9m worth of stock

Upcoming dividend of US$0.25 per share at 2.3% yield