Ovintiv Inc.

NYSE:OVV Stock Report

Market Cap: US$9.8b

Ovintiv Dividends and Buybacks

Dividend criteria checks 1/6

Ovintiv is a dividend paying company with a current yield of 3.18%.

Key information

3.2%

Dividend yield

3.1%

Buyback Yield

Total Shareholder Yield6.3%
Future Dividend Yield3.2%
Dividend Growth4.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio132%

Recent dividend and buyback updates

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

Nov 08
Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

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

Jul 28
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

Recent updates

Is Ovintiv (NYSE:OVV) A Risky Investment?

Jan 06
Is Ovintiv (NYSE:OVV) A Risky Investment?

Ovintiv: The Buying And Selling Continues

Nov 23

Investors Can Find Comfort In Ovintiv's (NYSE:OVV) Earnings Quality

Nov 11
Investors Can Find Comfort In Ovintiv's (NYSE:OVV) Earnings Quality

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

Nov 08
Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

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

Sep 18
Is Ovintiv (NYSE:OVV) Using Too Much Debt?

Ovintiv (NYSE:OVV) Is Looking To Continue Growing Its Returns On Capital

Aug 31
Ovintiv (NYSE:OVV) Is Looking To Continue Growing Its Returns On Capital

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

Jul 28
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30

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

May 10
Ovintiv's (NYSE:OVV) Dividend Will Be $0.30

Returns On Capital Are Showing Encouraging Signs At Ovintiv (NYSE:OVV)

Apr 25
Returns On Capital Are Showing Encouraging Signs At Ovintiv (NYSE:OVV)

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: Better Options Available For Investors

Nov 11
User avatar

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

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

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

Aug 06

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

Jun 13

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

May 23

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: OVV's dividend payments have been volatile in the past 10 years.

Growing Dividend: OVV's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Ovintiv Dividend Yield vs Market
How does OVV dividend yield compare to the market?
SegmentDividend Yield
Company (OVV)3.2%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.4%
Industry Average (Oil and Gas)4.1%
Analyst forecast (OVV) (up to 3 years)3.2%

Notable Dividend: OVV's dividend (3.18%) is higher than the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: OVV's dividend (3.18%) is low compared to the top 25% of dividend payers in the US market (4.39%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (131.7%), OVV's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: OVV is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/06 13:50
End of Day Share Price 2026/01/06 00:00
Earnings2025/09/30
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 60 analysts. 10 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
Thomas DriscollBarclays
Wei JiangBarclays