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Ovintiv NYSE:OVV Stock Report

Last Price

US$45.74

Market Cap

US$11.6b

7D

8.4%

1Y

2.4%

Updated

20 Nov, 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$45.74
52 Week HighUS$55.95
52 Week LowUS$36.91
Beta2.64
11 Month Change14.35%
3 Month Change7.35%
1 Year Change2.42%
33 Year Change18.37%
5 Year Change127.56%
Change since IPO-21.14%

Recent News & Updates

Ovintiv: Better Options Available For Investors

Nov 11

Recent updates

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

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 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

Shareholder Returns

OVVUS Oil and GasUS Market
7D8.4%1.9%-1.0%
1Y2.4%16.1%30.3%

Return vs Industry: OVV underperformed the US Oil and Gas industry which returned 14.9% over the past year.

Return vs Market: OVV underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is OVV's price volatile compared to industry and market?
OVV volatility
OVV Average Weekly Movement5.1%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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 (5%) 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$11.61b
Earnings (TTM)US$2.04b
Revenue (TTM)US$9.56b

5.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OVV income statement (TTM)
RevenueUS$9.56b
Cost of RevenueUS$4.62b
Gross ProfitUS$4.94b
Other ExpensesUS$2.90b
EarningsUS$2.04b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.84
Gross Margin51.66%
Net Profit Margin21.34%
Debt/Equity Ratio55.2%

How did OVV perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

16%

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 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend22 days
Days until Dividend pay date40 days

Does OVV pay a reliable dividends?

See OVV dividend history and benchmarks