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OVV

55.49USD+0.98(+1.80%)Market Closed

Ovintiv Inc.

Market Summary

USD55.49+0.98Market Closed
1.80%

OVV Alerts

OVV Stock Price

RSI Chart

Valuation

Market Cap

12.8B

Price/Earnings

5.25

Price/Sales

0.97

Price/Cashflow

3.56

MarketCap/EBT

5.13

Price/Sales

Profitability

EBT Margin

18.89%

Return on Equity

41.71%

Return on Assets

16.27%

Fundamentals

Revenue

Revenue (TTM)

14.1B

Revenue Y/Y

33.93%

Revenue Q/Q

-9.24%

Earnings

Earnings (TTM)

3.7B

Earnings Y/Y

1.7K%

Earnings Q/Q

-12.6%

Price Action

52 Week Range

63.02
(Low)(High)

Last 7 days

0.6%

Last 30 days

11.3%

Last 90 days

5.1%

Trailing 12 Months

65.7%

Financial Health

Current Ratio

0.51

Debt/Equity

1.05

Debt/Cashflow

0.59

Investor Care

Dividend Yield

1.46%

Dividend/Share (TTM)

0.84

Buy Backs (1Y)

4.91%

Diluted EPS (TTM)

14.1

Peers (Alternatives to Ovintiv)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
22.2B
2.49% 74.68%
13.73
3.53
70.19% 203.78%
66.9B
36.8B
-4.06% 131.58%
6.09
1.96
69.86% 4049.24%
61.4B
24.8B
-5.34% 41.76%
8.62
2.47
81.49% 409.80%
49.8B
19.7B
1.51% 73.38%
9.45
2.71
83.28% 424.48%
26.7B
9.6B
-4.77% 45.81%
6.94
2.93
73.79% 893.42%
14.4B
10.9B
6.49% 82.89%
4.67
1.31
73.36% 286.92%
12.8B
14.1B
11.31% 65.74%
5.25
0.97
63.46% 733.33%
MID-CAP
7.8B
3.1B
-2.14% 77.13%
6.63
2.55
105.26% 318.63%
7.1B
5.4B
-2.54% 45.32%
5.66
1.32
97.87% 385.71%
4.4B
2.3B
-33.88% 7.97%
4.99
1.94
101.44% 11.78%
4.2B
2.6B
-9.91% 115.08%
12.34
1.58
131.99% 194.19%
2.8B
2.3B
-1.38% 79.33%
15
1.38
104.75% 360.71%
2.7B
2.9B
-4.43% -14.09%
3.22
0.93
111.76% 166.14%
SMALL-CAP
1.4B
6.1B
-3.39% 63.08%
13.64
0.23
72.58% 132.13%
1.1B
1.9B
-3.32% 8.02%
2.05
0.56
114.30% 186.49%

Financials for Ovintiv

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue7.0%14,09213,16911,62810,4688,621
  S&GA Expenses0.5%414412464442444
Earnings Before Taxes54.1%3,8322,4878601,239-785.00
Net Income51.8%3,6862,4288661,416-582.00
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-3.7%14,37414,92314,90014,05513,636
  Current Assets-16.2%1,7022,0302,1681,5871,328
    Cash Equivalents125.0%1882711958
  Net PPE-1.5%9,0539,1948,9838,7618,590
  Goodwill-1.6%2,5762,6172,6382,6282,624
Liabilities-14.0%7,8249,10210,2168,9819,839
  Current Liabilities-17.1%3,3093,9913,9832,7483,351
    LT Debt, Current104.7%440215---
    LT Debt, Non Current-13.8%3,1783,6874,7754,7864,791
Shareholder's Equity12.5%6,5505,8214,6845,0743,797
  Retained Earnings32.3%-2,355.00-3,479.00-4,772.00-4,479.00-5,827.00
  Additional Paid-In Capital-3.6%7,9398,2398,3348,4588,553
Accumulated Depreciation-1.3%49,18049,84250,05849,56149,208
Shares Outstanding-2.6%249256259258261
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations4.2%3,7313,5812,9873,1293,108
Cashflow From Investing6.0%-1,600.00-1,703.00-621.00-525.00-567.00
Cashflow From Financing-6.6%-2,119.00-1,987.00-2,105.00-2,419.00-2,565.00
  Dividend Payments13.2%214189150122110
  Buy Backs102.5%6423171821110
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on OVV?

100%


Probability that Ovintiv stock will be more than 20% underwater in next one year

68.1%


Probability that Ovintiv stock will be more than 30% underwater in next one year.

46.9%


Probability that Ovintiv stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does OVV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ovintiv was unfortunately bought at previous high price.

Returns

Cumulative Returns on OVV

-4.3%


10-Year Cumulative Returns

8.3%


7-Year Cumulative Returns

0.4%


5-Year Cumulative Returns

46.6%


3-Year Cumulative Returns

What are the long-term rolling returns for OVV?

FIve years rolling returns for Ovintiv.

Which funds bought or sold OVV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
29.77
123,000
475,000
0.02%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
7,769,000
7,769,000
0.09%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
138,000
15,522,000
0.03%
2022-11-21
FourThought Financial, LLC
NEW
-
1,000
1,000
-%
2022-11-21
Ninepoint Partners LP
-
-
-117,987,000
-
-%
2022-11-17
M&T Bank Corp
-
-
88,000
1,034,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
REDUCED
-4.65
-4,000
608,000
-%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
REDUCED
-0.28
248,000
6,776,000
0.03%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
1,506,000
38,280,000
0.22%
2022-11-15
Neuberger Berman Group LLC
UNCHANGED
-
14,000
309,000
-%

1–10 of 37

Latest Funds Activity

Are funds buying OVV calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own OVV

Ovintiv News

MarketBeat

Renee Ellen Zemljak Sells 610 Shares of Ovintiv Inc. (NYSE:OVV) Stock.6 days ago

OVV Fair Value

Recent SEC filings of Ovintiv

View All Filings
Date Filed Form Type Document
Nov 28, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 09, 2022
8-K
Current Report
Nov 09, 2022
10-Q
Quarterly Report
Nov 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for OVV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
McCracken Brendan Michael
GIVEN BACK TO IS
-157,386
54.61
-2,882
President & CEO
2022-12-01
McCracken Brendan Michael
ACQUIRED
-
-
2,882
President & CEO
2022-11-23
Zemljak Renee Ellen
SOLD
-33,623.2
55.12
-610
EVP, Midstream, Mrktg & Fndmtl
2022-11-14
McCracken Brendan Michael
ACQUIRED
394,632
20.3
19,440
President & CEO
2022-11-14
Mayson Howard John
GIFTED
-
-
-2,600
-
2022-11-14
Code Corey Douglas
GIVEN BACK TO IS
-1,134,220
57.4
-19,760
EVP & CFO
2022-11-14
Code Corey Douglas
ACQUIRED
413,379
20.92
19,760
EVP & CFO
2022-11-14
McCracken Brendan Michael
GIVEN BACK TO IS
-1,119,550
57.59
-19,440
President & CEO
2022-11-14
Mayson Howard John
SOLD
-146,146
56.21
-2,600
-
2022-09-10
McCracken Brendan Michael
GIVEN BACK TO IS
-240,541
51.31
-4,688
President & CEO

1–10 of 50

Brendan M. McCracken
1710
Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. 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.

OVV Income Statement

2022-09-30
Condensed Consolidated Statement of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Product and service revenues$ 3,643$ 2,720$ 11,064$ 7,440
Gains (losses) on risk management, net(111)(950)(1,864)(2,176)
Sublease revenues17195255
Total Revenues3,5491,7899,2525,319
Operating Expenses    
Production, mineral and other taxes10977321210
Transportation and processing4683971,3271,194
Operating228153596466
Purchased product9737593,1542,096
Depreciation, depletion and amortization291297833916
Accretion of asset retirement obligation451417
Administrative103101318346
Total Operating Expenses2,1761,7896,5635,245
Operating Income (Loss)1,37302,68974
Other (Income) Expenses    
Interest8377248263
Foreign exchange (gain) loss, net19021(15)
Other (gains) losses, net(3)(6)(30)(31)
Total Other (Income) Expenses9971239217
Net Earnings (Loss) Before Income Tax1,274(71)2,450(143)
Income tax expense (recovery)881148(175)
Net Earnings (Loss)$ 1,186$ (72)$ 2,302$ 32
Net Earnings (Loss) per Share of Common Stock    
Basic$ 4.70$ (0.28)$ 9.00$ 0.12
Diluted[1]$ 4.63$ (0.28)$ 8.84$ 0.12
Weighted Average Shares of Common Stock Outstanding (millions)    
Basic252.5261.1255.7260.7
Diluted256.2261.1260.4265.3
[1]For the three months ended September 30, 2021, all of Ovintiv’s equity-settled awards were determined to be antidilutive and therefore are excluded from the calculation of fully diluted net earnings (loss) per share of common stock.

OVV Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 18$ 195
Accounts receivable and accrued revenues (net of allowances of $7 million (2021: $5 million))1,6261,294
Risk management11
Income tax receivable5797
Total Current Assets1,7021,587
Oil and natural gas properties, based on full cost accounting  
Proved properties56,12355,475
Unproved properties1,2391,944
Other871903
Property, plant and equipment58,23358,322
Less: Accumulated depreciation, depletion and amortization(49,180)(49,561)
Property, plant and equipment, net9,0538,761
Other Assets1,0001,079
Risk Management430
Goodwill2,5762,628
Total Assets14,37414,055
Current Liabilities  
Accounts payable and accrued liabilities2,2161,979
Current portion of operating lease liabilities6962
Income tax payable74
Risk management577703
Current portion of long-term debt4400
Total Current Liabilities3,3092,748
Long-Term Debt3,1784,786
Operating Lease Liabilities812889
Other Liabilities and Provisions153190
Risk Management825
Asset Retirement Obligation229339
Deferred Income Taxes1354
Total Liabilities7,8248,981
Commitments and Contingencies
Shareholders’ Equity  
Share capital - authorized 775 million shares of stock 2022 issued and outstanding: 249.2 million shares (2021: 258.0 million shares)33
Paid in surplus7,9398,458
Retained earnings (Accumulated deficit)(2,355)(4,479)
Accumulated other comprehensive income9631,092
Total Shareholders’ Equity6,5505,074
Total Liabilities and Shareholders' Equity$ 14,374$ 14,055