Ovintiv Future Growth

Future criteria checks 0/6

Ovintiv is forecast to grow earnings and revenue by 0% and 0.5% per annum respectively. EPS is expected to grow by 4.1% per annum. Return on equity is forecast to be 14.9% in 3 years.

Key information

0.002%

Earnings growth rate

4.1%

EPS growth rate

Oil and Gas earnings growth5.0%
Revenue growth rate0.5%
Future return on equity14.9%
Analyst coverage

Good

Last updated20 May 2024

Recent future growth updates

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

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

Earnings and Revenue Growth Forecasts

NYSE:OVV - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202610,2691,9141,5123,9474
12/31/202510,8301,9091,7104,2729
12/31/202410,2771,6341,8124,2709
3/31/202410,4561,9361,0333,758N/A
12/31/202310,6612,0851,4234,167N/A
9/30/202311,0562,5649993,680N/A
6/30/202311,7863,3441,4253,736N/A
3/31/202313,4484,3652,2594,249N/A
12/31/202214,2633,6372,0353,866N/A
9/30/202214,0923,6861,8063,731N/A
6/30/202213,1692,4281,8113,581N/A
3/31/202211,6288661,3672,987N/A
12/31/202110,4681,4161,6103,129N/A
9/30/20219,030-5821,6643,108N/A
6/30/20217,636-2,0311,3612,789N/A
3/31/20216,186-6,2098582,156N/A
12/31/20205,509-6,0971591,895N/A
9/30/20205,741-5,489-1451,906N/A
6/30/20206,186-3,819-552,169N/A
3/31/20207,0119001962,958N/A
12/31/20197,0132342302,921N/A
9/30/20196,6231,2703322,750N/A
6/30/20196,3401,1604632,879N/A
3/31/20195,7696732302,448N/A
12/31/20185,4571,0693082,300N/A
9/30/20185,166-190-292,110N/A
6/30/20184,55865-5091,582N/A
3/31/20184,218547-5901,325N/A
12/31/20173,892827N/A1,050N/A
9/30/20173,737775N/A880N/A
6/30/20173,740798N/A709N/A
3/31/20173,497-134N/A574N/A
12/31/20163,122-944N/A625N/A
9/30/20162,646-1,275N/A874N/A
6/30/20163,075-2,828N/A1,141N/A
3/31/20163,211-3,837N/A1,356N/A
12/31/20153,830-5,165N/A1,681N/A
9/30/20155,645-4,355N/A1,494N/A
6/30/20156,618-312N/A1,737N/A
3/31/20157,3761,569N/A2,206N/A
12/31/20147,6473,392N/A2,667N/A
9/30/20147,1882,943N/A2,868N/A
6/30/20146,295324N/A3,107N/A
3/31/20146,691783N/A2,894N/A
12/31/20135,858236N/A2,289N/A
9/30/20136,040407N/A2,544N/A
6/30/20135,673-1,025N/A2,751N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OVV's forecast earnings growth (0% per year) is below the savings rate (2.4%).

Earnings vs Market: OVV's earnings (0% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: OVV's earnings are forecast to grow, but not significantly.

Revenue vs Market: OVV's revenue (0.5% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: OVV's revenue (0.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OVV's Return on Equity is forecast to be low in 3 years time (14.9%).


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