Ovintiv Inc.

TSX:OVV Stock Report

Market Cap: CA$14.1b

Ovintiv Past Earnings Performance

Past criteria checks 2/6

Ovintiv has been growing earnings at an average annual rate of 45.4%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been growing at an average rate of 13.1% per year. Ovintiv's return on equity is 19.2%, and it has net margins of 21.3%.

Key information

45.4%

Earnings growth rate

45.0%

EPS growth rate

Oil and Gas Industry Growth42.1%
Revenue growth rate13.1%
Return on equity19.2%
Net Margin21.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

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

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

Revenue & Expenses Breakdown

How Ovintiv makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:OVV Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 249,5622,0412700
30 Jun 2410,2971,9403590
31 Mar 2410,4561,9363640
31 Dec 2310,6612,0853280
30 Sep 2311,0562,5644130
30 Jun 2311,7863,3443430
31 Mar 2313,4484,3653300
31 Dec 2214,2633,6374220
30 Sep 2214,0923,6864460
30 Jun 2213,1692,4284360
31 Mar 2211,6288664620
31 Dec 2110,4681,4163620
30 Sep 219,030-5824360
30 Jun 217,636-2,0314140
31 Mar 216,186-6,2094060
31 Dec 205,509-6,0972340
30 Sep 205,741-5,4893420
30 Jun 206,186-3,8193490
31 Mar 207,0119003270
31 Dec 197,0132342840
30 Sep 196,6231,2701600
30 Jun 196,3401,1601430
31 Mar 195,7696731760
31 Dec 185,4571,069900
30 Sep 185,166-1902040
30 Jun 184,558652260
31 Mar 184,2185471520
31 Dec 173,8928271790
30 Sep 173,7377751890
30 Jun 173,7407982140
31 Mar 173,497-1342680
31 Dec 163,122-9442040
30 Sep 162,646-1,2752510
30 Jun 163,075-2,8281950
31 Mar 163,211-3,8372020
31 Dec 153,830-5,1652140
30 Sep 155,645-4,3552090
30 Jun 156,618-3122380
31 Mar 157,3761,5692610
31 Dec 147,6473,3922910
30 Sep 147,1882,9433190
30 Jun 146,2953243510
31 Mar 146,6917833430
31 Dec 135,8582363510

Quality Earnings: OVV has high quality earnings.

Growing Profit Margin: OVV's current net profit margins (21.3%) are lower than last year (23.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: OVV's earnings have grown significantly by 45.4% per year over the past 5 years.

Accelerating Growth: OVV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: OVV had negative earnings growth (-20.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-20.2%).

Return on Equity

High ROE: OVV's Return on Equity (19.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ovintiv Inc. is covered by 67 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Ishan MajumdarBaptista Research
Thomas DriscollBarclays