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Ovintiv NYSE:OVV Stock Report

Last Price

US$50.73

Market Cap

US$13.8b

7D

-4.1%

1Y

54.0%

Updated

01 May, 2024

Data

Company Financials +

Ovintiv Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ovintiv
Historical stock prices
Current Share PriceUS$50.73
52 Week HighUS$55.95
52 Week LowUS$32.07
Beta2.69
1 Month Change-2.63%
3 Month Change20.47%
1 Year Change54.01%
3 Year Change95.04%
5 Year Change48.12%
Change since IPO-12.53%

Recent News & Updates

Recent updates

Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet

Apr 26
Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet

We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt

Apr 19
We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt

Ovintiv Inc.'s (NYSE:OVV) Price Is Right But Growth Is Lacking

Apr 05
Ovintiv Inc.'s (NYSE:OVV) Price Is Right But Growth Is Lacking

Ovintiv: Projecting 2024 FCF At Around $1.8 Billion To $1.9 Billion

Mar 22

Ovintiv (NYSE:OVV) Is Doing The Right Things To Multiply Its Share Price

Mar 21
Ovintiv (NYSE:OVV) Is Doing The Right Things To Multiply Its Share Price

Ovintiv: Still Light On Oil Reserves

Mar 03

Ovintiv Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 01
Ovintiv Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

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

Feb 25
Estimating The Intrinsic Value Of Ovintiv Inc. (NYSE:OVV)

Ovintiv: A Wait-And-See Opportunity With Long-Term Upside

Jan 11

Ovintiv: Operational Improvement But Debt Reduction A Headwind (Rating Downgrade)

Nov 09

Ovintiv May Generate Around $3 Billion In Free Cash Flow By The End Of 2024

Sep 27

Ovintiv Maintains Enhanced Prospects With Strong Assets And Core Midland Acquisition

Jul 24

Ovintiv Q4 2022 Earnings Preview

Feb 26

Credit Suisse expands 'Top of the Crop' list to five stocks

Jan 16

Ovintiv: Hedges Will Roll In 2023, Priced At Approximately 4x FCF

Nov 16

Ovintiv declares $0.25 dividend

Nov 08

Having Paid Off Debt, Ovintiv Is Poised For Massive Share Repurchases

Oct 12

Ovintiv renews its stock buyback program

Sep 28

Ovintiv goes ex-dividend tomorrow

Sep 13

Ovintiv Is A Cash Cow Now

Aug 26

Ovintiv: Don't Be Fooled By Its Free Cash Flow Yields On Offer (Technical Analysis)

Jul 19

Ovintiv Continues To Flare Free Cash Flow

Jun 09

Shareholder Returns

OVVUS Oil and GasUS Market
7D-4.1%-2.3%-0.7%
1Y54.0%16.7%22.3%

Return vs Industry: OVV exceeded the US Oil and Gas industry which returned 15.7% over the past year.

Return vs Market: OVV exceeded the US Market which returned 22.8% over the past year.

Price Volatility

Is OVV's price volatile compared to industry and market?
OVV volatility
OVV Average Weekly Movement3.6%
Oil and Gas Industry Average Movement4.5%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: OVV's weekly volatility (4%) 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 capUS$13.80b
Earnings (TTM)US$2.09b
Revenue (TTM)US$10.66b

6.5x

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

2.4%

Current Dividend Yield

14%

Payout Ratio
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