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OVV

OVV - Ovintiv Inc Stock Price, Fair Value and News

51.97USD+0.44 (+0.85%)Market Closed

Market Summary

OVV
USD51.97+0.44
Market Closed
0.85%

OVV Alerts

  • 1 major insider sales recently.

OVV Stock Price

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OVV RSI Chart

OVV Valuation

Market Cap

14.0B

Price/Earnings (Trailing)

6.72

Price/Sales (Trailing)

1.31

EV/EBITDA

4.15

Price/Free Cashflow

9.84

OVV Price/Sales (Trailing)

OVV Profitability

EBT Margin

23.54%

Return on Equity

20.11%

Return on Assets

10.43%

Free Cashflow Yield

10.16%

OVV Fundamentals

OVV Revenue

Revenue (TTM)

10.7B

Rev. Growth (Yr)

-12.35%

Rev. Growth (Qtr)

-3.74%

OVV Earnings

Earnings (TTM)

2.1B

Earnings Growth (Yr)

-35.88%

Earnings Growth (Qtr)

110.84%

Breaking Down OVV Revenue

Last 7 days

-3.3%

Last 30 days

1.0%

Last 90 days

27.0%

Trailing 12 Months

39.2%

How does OVV drawdown profile look like?

OVV Financial Health

Current Ratio

0.6

Debt/Equity

0.53

Debt/Cashflow

0.76

OVV Investor Care

Dividend Yield

2.21%

Dividend/Share (TTM)

1.15

Shares Dilution (1Y)

10.62%

Diluted EPS (TTM)

7.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202313.4B11.8B11.1B10.7B
202211.6B13.2B14.1B14.3B
20215.6B7.1B8.5B10.5B
20208.3B7.4B7.0B6.0B
20195.8B6.2B6.5B6.8B
20180005.5B
20170003.9B

Tracking the Latest Insider Buys and Sells of Ovintiv Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 14, 2024
zemljak renee ellen
sold
-3,886,410
50.96
-76,264
evp, midstream, mrktg & fndmtl
Mar 12, 2024
zemljak renee ellen
acquired
359,396
35.8
10,039
evp, midstream, mrktg & fndmtl
Mar 12, 2024
zemljak renee ellen
back to issuer
-508,174
50.62
-10,039
evp, midstream, mrktg & fndmtl
Mar 08, 2024
mcintire lee a
acquired
-
-
7,877
-
Mar 08, 2024
dea peter a
acquired
-
-
14,003
-
Mar 08, 2024
moore rachel maureen
sold (taxes)
-361,594
49.82
-7,258
evp, corporate services
Mar 08, 2024
ricks thomas g
acquired
-
-
8,402
-
Mar 08, 2024
moore rachel maureen
acquired
-
-
35,992
evp, corporate services
Mar 08, 2024
mccracken brendan michael
back to issuer
-3,627,600
49.45
-73,359
president & ceo
Mar 08, 2024
moore rachel maureen
back to issuer
-1,039,990
49.82
-20,875
evp, corporate services

1–10 of 50

Which funds bought or sold OVV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
Oak Thistle LLC
new
-
1,123,380
1,123,380
1.01%
Apr 18, 2024
SJS Investment Consulting Inc.
unchanged
-
312
2,025
-%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
reduced
-52.53
-34,653
44,271
-%
Apr 18, 2024
Capital Advisors, Ltd. LLC
added
4.62
1,000
4,000
-%
Apr 18, 2024
Hexagon Capital Partners LLC
reduced
-73.68
-1,150
519
-%
Apr 18, 2024
FARMERS & MERCHANTS INVESTMENTS INC
unchanged
-
798
5,190
-%
Apr 18, 2024
MV CAPITAL MANAGEMENT, INC.
added
500
268
312
-%
Apr 18, 2024
STATE OF MICHIGAN RETIREMENT SYSTEM
added
1.53
689,508
4,141,620
0.02%
Apr 17, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
sold off
-100
-2,275,000
-
-%
Apr 17, 2024
SPIRIT OF AMERICA MANAGEMENT CORP/NY
unchanged
-
67,830
441,150
0.09%

1–10 of 48

Are Funds Buying or Selling OVV?

Are funds buying OVV calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OVV
No. of Funds

Unveiling Ovintiv Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 11, 2024
vanguard group inc
10.07%
27,138,130
SC 13G/A
Feb 13, 2024
dodge & cox
8.4%
22,955,251
SC 13G/A
Feb 13, 2024
vanguard group inc
9.90%
27,030,413
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 24, 2024
blackrock inc.
10.5%
28,420,951
SC 13G/A
Nov 30, 2023
wilmington trust, national association
2.72%
7,377,596
SC 13G/A
Oct 10, 2023
wilmington trust, national association
6.15%
16,777,596
SC 13G/A
Oct 06, 2023
blackrock inc.
10.3%
28,218,459
SC 13G/A
Jun 23, 2023
wilmington trust, national association
11.5%
31,777,596
SC 13G
Apr 10, 2023
dodge & cox
11.1%
27,016,020
SC 13G/A

Recent SEC filings of Ovintiv Inc

View All Filings
Date Filed Form Type Document
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading

Peers (Alternatives to Ovintiv Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
475.7B
344.6B
6.11% 3.68%
13.21
1.38
-16.70% -35.40%
297.2B
200.9B
3.55% -5.78%
13.91
1.48
-18.40% -39.75%
58.6B
28.9B
4.47% 7.43%
12.48
2.03
-22.04% -64.70%
15.9B
6.6B
1.48% 13.31%
10.21
2.39
-17.41% -56.98%
11.4B
8.7B
1.54% 8.06%
4.73
1.31
-25.73% -50.99%
MID-CAP
8.5B
2.7B
7.27% 37.50%
9.8
3.12
-43.74% -26.38%
4.1B
2.8B
1.48% 15.34%
9.6
1.47
19.47% 177.97%
3.6B
3.4B
7.10% 54.84%
2.12
1.06
172.35% 1311.12%
2.8B
1.7B
-0.99% -14.91%
13.23
1.66
-26.01% -5.75%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
283.8M
307.6M
12.52% 1.55%
0.72
0.92
-32.91% 578.62%
161.1M
186.7M
3.56% 82.61%
-3.47
0.86
-27.21% 56.92%
89.5M
220.8M
-3.03% -22.51%
-29.37
0.41
-38.52% -116.44%
75.3M
2.7B
14.22% -24.97%
354.97
0.03
-18.46% -93.92%
28.5M
23.9M
16.87% -
-10.49
1.19
-21.86% -149.09%

Ovintiv Inc News

Latest updates
The Globe and Mail15 Apr 202411:05 pm
MarketBeat15 Apr 202405:33 pm
The Globe and Mail11 Apr 202409:02 pm
Yahoo Finance09 Mar 202408:00 am
Seeking Alpha03 Mar 202408:00 am
Simply Wall St25 Feb 202408:00 am

Ovintiv Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.7%2,8042,9132,3522,5923,1993,6434,0143,4073,0282,7202,4732,2471,0541,3261,0232,6431,9911,7711,8481,235-
Costs and Expenses-9.3%1,9782,1821,9861,8732,0482,1762,2202,1671,8941,7891,8131,6432,1192,6964,7851,8841,5931,5561,5171,462-
  S&GA Expenses8.8%87.0080.0016858.0010410371.0014496.0010112312298.0079.0016553.0010081.0081.00227-
EBITDA Margin10.2%0.44*0.40*0.43*0.44*0.35*0.37*0.30*0.20*0.26*0.10*-0.07*-0.74*---------
Interest Expenses8.2%10698.0080.0071.0063.0083.0091.0074.0077.0077.0099.0087.0092.0097.0086.0096.0097.0099.0099.0087.00-
Income Taxes1723.1%211-13.00101126-22588.0065.00-5.00-2.001.00--176-28.00-39.00294140-62.0043.00161-61.00149
Earnings Before Taxes171.5%1,0673934376131,1101,2741,422-2461,382-71.00-205133-642-1,560-4,089561-68.00192497-3061,179
EBT Margin2.0%0.24*0.23*0.29*0.33*0.25*0.27*0.19*0.07*0.12*-0.09*-0.32*-1.09*---------
Net Income110.8%8564063364871,3351,1861,357-2411,384-72.00-205309-614-1,521-4,383421-6.00149336-2451,030
Net Income Margin-15.7%0.20*0.23*0.28*0.32*0.25*0.26*0.18*0.07*0.14*-0.07*-0.29*-1.10*---------
Free Cashflow875.0%70272.00191458517451833234319447367477---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q4
Assets0.4%19,98719,90019,51915,12315,05614,37414,92314,90014,05513,63613,76714,53414,46915,15716,79521,50521,48715,344
  Current Assets6.0%1,6761,5811,4791,3951,6951,7022,0302,1681,5871,3281,4431,2391,2471,2191,4742,2411,8692,676
    Cash Equivalents0%3.003.0052.0026.005.0018.008.002711958.001229.0010.0032.0039.001031901,058
  Net PPE0.9%14,64014,51514,2179,9119,4689,0539,1948,9838,7618,5908,5359,5149,45010,22311,63615,08015,1918,972
  Goodwill0.5%2,5992,5852,5982,5842,5842,5762,6172,6382,6282,6242,6432,6332,6252,5942,5802,5552,6112,553
Liabilities-7.1%9,61710,34810,2037,2297,3677,8249,10210,2168,9819,8399,83310,40010,63210,80510,92211,31411,5577,897
  Current Liabilities-20.6%2,8123,5433,3102,6322,7803,3093,9913,9832,7483,3513,3663,4612,4231,7491,6532,1602,4322,016
  Long Term Debt0.0%5,4535,4545,4543,1763,1773,1783,6874,7754,7864,7914,7965,3006,3677,1427,3667,0066,9743,698
    LT Debt, Current-59.9%284709680580393440215---5181,118518----500
    LT Debt, Non Current0.0%5,4535,4545,4543,1763,1773,1783,6874,7754,7864,7914,7965,3006,3677,1427,3667,0066,9743,698
Shareholder's Equity8.6%10,3709,5529,3167,8947,6896,5505,8214,6845,0743,7973,9344,1343,8374,3525,87310,1919,9307,447
  Retained Earnings1005.2%697-77.00-401-655-1,081-2,355-3,479-4,772-4,479-5,827-5,718-5,488-5,773-5,135-3,590818421435
  Additional Paid-In Capital-0.3%8,6208,6448,6717,5557,7767,9398,2398,3348,4588,5538,5328,5258,5318,4608,4608,4601,4021,358
Accumulated Depreciation1.8%51,83750,93550,77550,01749,64049,18049,84250,05849,56149,20849,35248,81148,30646,48544,48940,18440,63738,121
Shares Outstanding-0.4%272273274245246256257257258261261260------
Float---10,426---11,307---8,216---2,448---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations50.3%1,3629068311,0688759621,344685740812750827719493117566730756906529-
Cashflow From Investing7.0%-794-854-3,008-863-591-264-514-417-405-367568-321-447-245-517-655-591-562-795-608-
Cashflow From Financing-456.4%-562-1012,206-184-297-689-1,089-193-148-557-1,207-507-294-2563359.00-88.00-280-422-448-
  Dividend Payments0%82.0082.0082.0061.0061.0062.0064.0052.0036.0037.0025.0024.0024.0024.0025.0024.0025.0024.0025.0028.00-
  Buy Backs17.8%53.0045.0089.0023918832513571.00111--------213637400-

OVV Income Statement

2023-12-31
Consolidated Statement of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues   
Product and service revenues$ 10,661$ 14,263$ 10,468
Gains (losses) on risk management, net151(1,867)(1,883)
Sublease revenues716873
Total Revenues10,88312,4648,658
Operating Expenses   
Production, mineral and other taxes342415293
Transportation and processing1,7661,7861,616
Operating859802625
Purchased product2,8154,0552,951
Depreciation, depletion and amortization1,8251,1131,190
Accretion of asset retirement obligation191822
Administrative393422442
Total Operating Expenses8,0198,6117,139
Operating Income (Loss)2,8643,8531,519
Other (Income) Expenses   
Interest355311340
Foreign exchange (gain) loss, net1915(23)
Other (gains) losses, net(20)(33)(37)
Total Other (Income) Expenses354293280
Net Earnings (Loss) Before Income Tax2,5103,5601,239
Income tax expense (recovery)425(77)(177)
Net Earnings (Loss)$ 2,085$ 3,637$ 1,416
Net Earnings (Loss) per Share of Common Stock   
Basic$ 8.02$ 14.34$ 5.44
Diluted$ 7.9$ 14.08$ 5.32
Weighted Average Shares of Common Stock Outstanding (millions)   
Basic259.9253.6260.4
Diluted263.9258.4266.4

OVV Balance Sheet

2023-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets  
Cash and cash equivalents$ 3$ 5
Accounts receivable and accrued revenues (net of allowances of $5 million (2022: $4 million))1,4421,594
Risk management21453
Income tax receivable1743
Total Current Assets1,6761,695
Oil and natural gas properties, based on full cost accounting  
Proved properties64,08457,054
Unproved properties1,4861,172
Other907882
Property, plant and equipment66,47759,108
Less: Accumulated depreciation, depletion and amortization(51,837)(49,640)
Property, plant and equipment, net14,6409,468
Other Assets1,0151,004
Risk Management434
Deferred Income Taxes53271
Goodwill2,5992,584
Total Assets19,98715,056
Current Liabilities  
Accounts payable and accrued liabilities2,2092,221
Current portion of operating lease liabilities8776
Income tax payable2324
Risk management086
Current portion of long-term debt284393
Total Current Liabilities2,8122,780
Long-Term Debt5,4533,177
Operating Lease Liabilities832814
Other Liabilities and Provisions132131
Risk Management20
Asset Retirement Obligation276281
Deferred Income Taxes110184
Total Liabilities9,6177,367
Shareholders’ Equity  
Share capital - authorized 775 million shares of stock 2023 issued and outstanding: 271.7 million shares (2022: 245.7 million shares)33
Paid in surplus8,6207,776
Retained earnings (Accumulated deficit)697(1,081)
Accumulated other comprehensive income1,050991
Total Shareholders’ Equity10,3707,689
Total Liabilities and Shareholders' Equity$ 19,987$ 15,056
OVV
Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. 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 northwest 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.
0
 CEO
 WEBSITEovintiv.com
 INDUSTRYOil - E&P

Ovintiv Inc Frequently Asked Questions


What is the ticker symbol for Ovintiv Inc? What does OVV stand for in stocks?

OVV is the stock ticker symbol of Ovintiv Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ovintiv Inc (OVV)?

As of Fri Apr 19 2024, market cap of Ovintiv Inc is 14.01 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OVV stock?

You can check OVV's fair value in chart for subscribers.

What is the fair value of OVV stock?

You can check OVV's fair value in chart for subscribers. The fair value of Ovintiv Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ovintiv Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OVV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ovintiv Inc a good stock to buy?

The fair value guage provides a quick view whether OVV is over valued or under valued. Whether Ovintiv Inc is cheap or expensive depends on the assumptions which impact Ovintiv Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OVV.

What is Ovintiv Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, OVV's PE ratio (Price to Earnings) is 6.72 and Price to Sales (PS) ratio is 1.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OVV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ovintiv Inc's stock?

In the past 10 years, Ovintiv Inc has provided -0.061 (multiply by 100 for percentage) rate of return.