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Ovintiv NYSE:OVV Stock Report

Last Price

US$42.60

Market Cap

US$11.5b

7D

0.3%

1Y

-10.6%

Updated

20 Aug, 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$42.60
52 Week HighUS$55.95
52 Week LowUS$38.99
Beta2.65
11 Month Change-9.82%
3 Month Change-12.56%
1 Year Change-10.58%
33 Year Change66.99%
5 Year Change97.68%
Change since IPO-26.55%

Recent News & Updates

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

Recent updates

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

Ovintiv Q4 2022 Earnings Preview

Feb 26

Shareholder Returns

OVVUS Oil and GasUS Market
7D0.3%-0.3%3.1%
1Y-10.6%3.4%25.4%

Return vs Industry: OVV underperformed the US Oil and Gas industry which returned 5.3% over the past year.

Return vs Market: OVV underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is OVV's price volatile compared to industry and market?
OVV volatility
OVV Average Weekly Movement4.5%
Oil and Gas Industry Average Movement5.1%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.2%

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

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$11.52b
Earnings (TTM)US$1.94b
Revenue (TTM)US$10.30b

5.8x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OVV income statement (TTM)
RevenueUS$10.30b
Cost of RevenueUS$5.11b
Gross ProfitUS$5.19b
Other ExpensesUS$3.25b
EarningsUS$1.94b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.35
Gross Margin50.35%
Net Profit Margin18.84%
Debt/Equity Ratio58.9%

How did OVV perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

17%

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 DateSep 13 2024
Dividend Pay DateSep 27 2024
Days until Ex dividend22 days
Days until Dividend pay date36 days

Does OVV pay a reliable dividends?

See OVV dividend history and benchmarks