Ovintiv (BMV:OVV *) - Stock Price, News & Analysis

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.

About the company

OVV * fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (4.4x) is below the MX market (13x)

Risk Analysis

Shares are highly illiquid

Earnings are forecast to decline by an average of 1.7% per year for the next 3 years

Unstable dividend track record

Significant insider selling over the past 3 months

+ 2 more risks

Ovintiv Inc. Competitors

Vista Energy. de

BMV:VISTA A

Mex$71.4b

Chesapeake Energy

NasdaqGS:CHK

US$12.1b

Texas Pacific Land

NYSE:TPL

US$13.7b

ARC Resources

TSX:ARX

CA$15.4b

Price History & Performance

Summary of all time highs, changes and price drops for Ovintiv
Historical stock prices
Current Share Price	CA$774.41
52 Week High	CA$950.00
52 Week Low	CA$626.00
Beta	3.28
1 Month Change	0%
3 Month Change	n/a
1 Year Change	-18.48%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	88.58%

Recent updates

Shareholder Returns

	OVV *	MX Oil and Gas	MX Market
7D	0%	2.9%	2.4%
1Y	-18.5%	55.2%	2.7%

Return vs Industry: OVV * underperformed the MX Oil and Gas industry which returned 46.7% over the past year.

Return vs Market: OVV * underperformed the MX Market which returned 3.4% over the past year.

Price Volatility

Is OVV *'s price volatile compared to industry and market?
OVV * volatility
OVV * Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	4.7%
Market Average Movement	3.8%
10% most volatile stocks in MX Market	6.1%
10% least volatile stocks in MX Market	1.9%

Stable Share Price: OVV * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine OVV *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	Brendan McCracken	www.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. 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 cap	Mex$193.27b
Earnings (TTM)	Mex$44.00b
Revenue (TTM)	Mex$189.72b

4.4x

P/E Ratio

1.0x

P/S Ratio

Is OVV * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OVV * income statement (TTM)
Revenue	US$11.06b
Cost of Revenue	US$6.04b
Gross Profit	US$5.02b
Other Expenses	US$2.45b
Earnings	US$2.56b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Feb 27, 2024

Earnings per share (EPS)	9.44
Gross Margin	45.38%
Net Profit Margin	23.19%
Debt/Equity Ratio	64.5%

How did OVV * perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

11%

Payout Ratio

OVV * Stock Overview

Rewards

Risk Analysis

Ovintiv Inc. Competitors

BMV:VISTA A

Mex$71.4b

NasdaqGS:CHK

US$12.1b

NYSE:TPL

US$13.7b

TSX:ARX

CA$15.4b

Price History & Performance

Recent News & Updates

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

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

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

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

Recent updates

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

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

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

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

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 released: EPS: US$1.48 (vs US$4.70 in 3Q 2022)

High number of new directors

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

High number of new directors

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

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

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

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

High number of new directors

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

High number of new directors

High number of new directors

Ovintiv Inc., Annual General Meeting, May 03, 2023

Ovintiv Inc. to Report Q4, 2022 Results on Feb 27, 2023

Ovintiv Inc. Provides Production Guidance for the Fourth Quarter and Full Year of 2022

Ovintiv Inc. to Report Q3, 2022 Results on Nov 08, 2022

Investor sentiment improved over the past week

Upcoming dividend of US$0.25 per share

Ovintiv Names Ralph Izzo to Its Board of Directors

Second quarter 2022 earnings released: EPS: US$5.28 (vs US$0.79 loss in 2Q 2021)

Ovintiv Inc. Provides Earning Guidance for the Third and Fourth Quarter and Full Year of 2022

Ovintiv Inc. Declares Quarterly Dividend, Payable on September 30, 2022

Investor sentiment improved over the past week

Ovintiv Inc. to Report Q2, 2022 Results on Aug 03, 2022

Investor sentiment deteriorated over the past week

Ovintiv Inc.(NYSE:OVV) dropped from Russell 2000 Dynamic Index

Upcoming dividend of US$0.25 per share

Independent Director recently sold Mex$4.2m worth of stock

Investor sentiment improved over the past week

Independent Director recently sold Mex$4.2m worth of stock

Ovintiv Inc. Provides Production Guidance for the Second Quarter, Second Half and Full Year of 2022

First quarter 2022 earnings released: US$0.94 loss per share (vs US$1.19 profit in 1Q 2021)

Ovintiv Declares Quarterly Dividend, Payable on June 30, 2022

Ovintiv Inc. to Report Q1, 2022 Results on May 09, 2022

High number of new directors

Independent Director recently sold Mex$2.2m worth of stock

Ovintiv Inc. Provides Production Guidance for the First Quarter and Full Year 2022

Ovintiv Inc., Annual General Meeting, May 04, 2022

High number of new directors

Independent Director recently bought Mex$2.5m worth of stock

Validus Energy completed the acquisition of Eagle Ford Assets of Ovintiv Inc. (TSX:OVV).

First quarter 2021 earnings released: EPS US$1.19 (vs US$1.62 in 1Q 2020)

An unknown buyer completed the acquisition of Duvernay assets from Ovintiv Inc. (TSX:OVV).

Shareholder Returns

Price Volatility

About the Company

Ovintiv Inc. Fundamentals Summary

4.4x