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OVV

Ovintiv TSX:OVV Stock Report

Last Price

CA$70.00

Market Cap

CA$17.4b

7D

-3.7%

1Y

64.4%

Updated

05 Dec, 2022

Data

Company Financials +
OVV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends3/6

OVV Stock Overview

Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids.

Ovintiv Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ovintiv
Historical stock prices
Current Share PriceCA$70.00
52 Week HighCA$79.28
52 Week LowCA$38.24
Beta3.8
1 Month Change-2.71%
3 Month Change2.35%
1 Year Change64.36%
3 Year Change158.78%
5 Year Change-7.41%
Change since IPO94.78%

Recent News & Updates

Recent updates

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

Is Ovintiv (TSE:OVV) A Risky Investment?

May 22
Is Ovintiv (TSE:OVV) A Risky Investment?

Investors Shouldn't Be Too Comfortable With Ovintiv's (TSE:OVV) Robust Earnings

Mar 04
Investors Shouldn't Be Too Comfortable With Ovintiv's (TSE:OVV) Robust Earnings

New Forecasts: Here's What Analysts Think The Future Holds For Ovintiv Inc. (TSE:OVV)

Feb 28
New Forecasts: Here's What Analysts Think The Future Holds For Ovintiv Inc. (TSE:OVV)

Ovintiv Inc.'s (TSE:OVV) Intrinsic Value Is Potentially 70% Above Its Share Price

Feb 15
Ovintiv Inc.'s (TSE:OVV) Intrinsic Value Is Potentially 70% Above Its Share Price

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

Jan 04
Does Ovintiv (TSE:OVV) Have A Healthy Balance Sheet?

Ovintiv (TSE:OVV) Has A Somewhat Strained Balance Sheet

Oct 01
Ovintiv (TSE:OVV) Has A Somewhat Strained Balance Sheet

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

Jul 29
Ovintiv Inc. (TSE:OVV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Is Ovintiv (TSE:OVV) Using Too Much Debt?

May 28
Is Ovintiv (TSE:OVV) Using Too Much Debt?

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

Mar 28
Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Four Days Left To Buy Ovintiv Inc. (TSE:OVV) Before The Ex-Dividend Date

Mar 07
Four Days Left To Buy Ovintiv Inc. (TSE:OVV) Before The Ex-Dividend Date

Here's How We Evaluate Ovintiv Inc.'s (TSE:OVV) Dividend

Mar 01
Here's How We Evaluate Ovintiv Inc.'s (TSE:OVV) Dividend

What Type Of Shareholders Make Up Ovintiv Inc.'s (TSE:OVV) Share Registry?

Feb 08
What Type Of Shareholders Make Up Ovintiv Inc.'s (TSE:OVV) Share Registry?

Ovintiv Inc. (TSE:OVV) Insiders Increased Their Holdings

Jan 18
Ovintiv Inc. (TSE:OVV) Insiders Increased Their Holdings

Here's Why Ovintiv (TSE:OVV) Is Weighed Down By Its Debt Load

Dec 28
Here's Why Ovintiv (TSE:OVV) Is Weighed Down By Its Debt Load

If You Had Bought Ovintiv's (TSE:OVV) Shares Three Years Ago You Would Be Down 74%

Dec 11
If You Had Bought Ovintiv's (TSE:OVV) Shares Three Years Ago You Would Be Down 74%

Is Ovintiv Inc. (TSE:OVV) A Risky Dividend Stock?

Nov 23
Is Ovintiv Inc. (TSE:OVV) A Risky Dividend Stock?

Shareholder Returns

OVVCA Oil and GasCA Market
7D-3.7%-3.6%0.2%
1Y64.4%31.6%-0.9%

Return vs Industry: OVV exceeded the Canadian Oil and Gas industry which returned 37% over the past year.

Return vs Market: OVV exceeded the Canadian Market which returned 1.2% over the past year.

Price Volatility

Is OVV's price volatile compared to industry and market?
OVV volatility
OVV Average Weekly Movement7.6%
Oil and Gas Industry Average Movement8.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market4.1%

Stable Share Price: OVV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: OVV's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20201,713Brendan McCrackenhttps://www.ovintiv.com

Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company’s 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$17.38b
Earnings (TTM)CA$4.99b
Revenue (TTM)CA$19.09b

3.5x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OVV income statement (TTM)
RevenueUS$14.09b
Cost of RevenueUS$6.83b
Gross ProfitUS$7.26b
Other ExpensesUS$3.57b
EarningsUS$3.69b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)14.85
Gross Margin51.51%
Net Profit Margin26.16%
Debt/Equity Ratio55.2%

How did OVV perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

6%

Payout Ratio

Does OVV pay a reliable dividends?

See OVV dividend history and benchmarks
When do you need to buy OVV by to receive an upcoming dividend?
Ovintiv dividend dates
Ex Dividend DateDec 14 2022
Dividend Pay DateDec 30 2022
Days until Ex dividend8 days
Days until Dividend pay date24 days

Does OVV pay a reliable dividends?

See OVV dividend history and benchmarks