company background image
OVV logo

Ovintiv NYSE:OVV Stock Report

Last Price

US$32.78

Market Cap

US$8.5b

7D

0.2%

1Y

-37.6%

Updated

14 Apr, 2025

Data

Company Financials +

Ovintiv Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ovintiv
Historical stock prices
Current Share PriceUS$32.78
52 Week HighUS$54.23
52 Week LowUS$29.80
Beta2.06
1 Month Change-19.12%
3 Month Change-27.12%
1 Year Change-37.65%
3 Year Change-39.60%
5 Year Change776.47%
Change since IPO-43.48%

Recent News & Updates

An Intrinsic Calculation For Ovintiv Inc. (NYSE:OVV) Suggests It's 49% Undervalued

Apr 10
An Intrinsic Calculation For Ovintiv Inc. (NYSE:OVV) Suggests It's 49% Undervalued

Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Mar 23
Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Recent updates

An Intrinsic Calculation For Ovintiv Inc. (NYSE:OVV) Suggests It's 49% Undervalued

Apr 10
An Intrinsic Calculation For Ovintiv Inc. (NYSE:OVV) Suggests It's 49% Undervalued

Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Mar 23
Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Ovintiv's (NYSE:OVV) Soft Earnings Don't Show The Whole Picture

Mar 05
Ovintiv's (NYSE:OVV) Soft Earnings Don't Show The Whole Picture

Ovintiv (NYSE:OVV) Has Affirmed Its Dividend Of $0.30

Mar 04
Ovintiv (NYSE:OVV) Has Affirmed Its Dividend Of $0.30

Ovintiv: Management Needs To Tighten The Reins

Feb 27

Ovintiv Inc.'s (NYSE:OVV) Shares Lagging The Market But So Is The Business

Feb 17
Ovintiv Inc.'s (NYSE:OVV) Shares Lagging The Market But So Is The Business

Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Dec 05
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

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

Nov 23
We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt

Ovintiv: Better Options Available For Investors

Nov 11

Insufficient Growth At Ovintiv Inc. (NYSE:OVV) Hampers Share Price

Oct 28
Insufficient Growth At Ovintiv Inc. (NYSE:OVV) Hampers Share Price

Investors Will Want Ovintiv's (NYSE:OVV) Growth In ROCE To Persist

Sep 30
Investors Will Want Ovintiv's (NYSE:OVV) Growth In ROCE To Persist
author-image

Innovative Culture And Efficiency Gains Promise Growth, Despite Analysts' Concerns Over Earnings Sustainability

Aug 22 Ovintiv's innovative culture and efficiency improvements signal a notable potential for improved net margins and earnings.

Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30

Aug 20
Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30

Ovintiv: 2024 Production Guidance Increase, Multi-Frac Technology, And Cheap

Aug 06

Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Aug 05
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Jul 31
Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt

Why Investors Shouldn't Be Surprised By Ovintiv Inc.'s (NYSE:OVV) Low P/E

Jul 17
Why Investors Shouldn't Be Surprised By Ovintiv Inc.'s (NYSE:OVV) Low P/E

Ovintiv: Increased Full-Year Production Guidance After Its Q1 2024 Results

Jun 13

Ovintiv Inc. (NYSE:OVV) Shares Could Be 24% Below Their Intrinsic Value Estimate

Jun 06
Ovintiv Inc. (NYSE:OVV) Shares Could Be 24% Below Their Intrinsic Value Estimate

Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

May 24
Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

Ovintiv: Better Choices Available In Oil And Gas Sector (Rating Downgrade)

May 23

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

Mar 22

Ovintiv: Still Light On Oil Reserves

Mar 03

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

Jan 11

Shareholder Returns

OVVUS Oil and GasUS Market
7D0.2%1.1%5.8%
1Y-37.6%-13.6%4.8%

Return vs Industry: OVV underperformed the US Oil and Gas industry which returned -14.3% over the past year.

Return vs Market: OVV underperformed the US Market which returned 3.6% over the past year.

Price Volatility

Is OVV's price volatile compared to industry and market?
OVV volatility
OVV Average Weekly Movement9.7%
Oil and Gas Industry Average Movement8.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market4.1%

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

Volatility Over Time: OVV's weekly volatility (10%) has been stable over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

US$55.13
FV
40.5% undervalued intrinsic discount
-1.71%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
5 days ago author updated this narrative

About the Company

FoundedEmployeesCEOWebsite
20201,623Brendan McCrackenwww.ovintiv.com

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.

Ovintiv Inc. Fundamentals Summary

How do Ovintiv's earnings and revenue compare to its market cap?
OVV fundamental statistics
Market capUS$8.53b
Earnings (TTM)US$1.13b
Revenue (TTM)US$8.94b

7.6x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OVV income statement (TTM)
RevenueUS$8.94b
Cost of RevenueUS$4.35b
Gross ProfitUS$4.60b
Other ExpensesUS$3.47b
EarningsUS$1.13b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 06, 2025

Earnings per share (EPS)4.32
Gross Margin51.40%
Net Profit Margin12.58%
Debt/Equity Ratio52.8%

How did OVV perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

28%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/14 04:43
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Ovintiv Inc. is covered by 63 analysts. 9 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