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OVV

OVV - Ovintiv Inc Stock Price, Fair Value and News

47.24USD-0.56 (-1.17%)Delayed

Market Summary

OVV
USD47.24-0.56
Delayed
-1.17%

OVV Stock Price

View Fullscreen

OVV RSI Chart

OVV Valuation

Market Cap

12.6B

Price/Earnings (Trailing)

6.51

Price/Sales (Trailing)

1.21

EV/EBITDA

3.81

Price/Free Cashflow

12.21

OVV Price/Sales (Trailing)

OVV Profitability

EBT Margin

22.24%

Return on Equity

18.87%

Return on Assets

9.76%

Free Cashflow Yield

8.19%

OVV Fundamentals

OVV Revenue

Revenue (TTM)

10.5B

Rev. Growth (Yr)

-7.91%

Rev. Growth (Qtr)

-14.87%

OVV Earnings

Earnings (TTM)

1.9B

Earnings Growth (Yr)

-30.6%

Earnings Growth (Qtr)

-60.51%

Breaking Down OVV Revenue

Last 7 days

-2.1%

Last 30 days

2.8%

Last 90 days

-9.1%

Trailing 12 Months

12.4%

How does OVV drawdown profile look like?

OVV Financial Health

Current Ratio

0.52

Debt/Equity

0.53

Debt/Cashflow

0.69

OVV Investor Care

Dividend Yield

2.54%

Dividend/Share (TTM)

1.2

Shares Dilution (1Y)

9.18%

Diluted EPS (TTM)

7.2

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202410.5B000
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
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Tracking the Latest Insider Buys and Sells of Ovintiv Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 31, 2024
mayson howard john
sold
-204,560
51.14
-4,000
-
May 17, 2024
nimocks suzanne p
acquired
-
-
4,213
-
May 17, 2024
ricks thomas g
acquired
-
-
4,213
-
May 17, 2024
shaw brian gordon
acquired
-
-
4,196
-
May 17, 2024
shaw brian gordon
sold (taxes)
-100,851
50.05
-2,015
-
May 17, 2024
chhina sippy
acquired
-
-
4,022
-
May 17, 2024
mayson howard john
acquired
-
-
4,213
-
May 17, 2024
gentle meg
acquired
-
-
4,213
-
May 17, 2024
izzo ralph
acquired
-
-
4,213
-
May 17, 2024
nance steven w
acquired
-
-
4,213
-

1–10 of 50

Which funds bought or sold OVV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 18, 2024
Assenagon Asset Management S.A.
reduced
-84.33
-5,135,710
846,800
-%
Jul 18, 2024
MILLER WEALTH ADVISORS, LLC
unchanged
-
-1,670
15,561
0.01%
Jul 18, 2024
VALLEY NATIONAL ADVISERS INC
unchanged
-
-
2,000
-%
Jul 18, 2024
Asset Management One Co., Ltd.
reduced
-7.7
-813,102
4,071,360
0.02%
Jul 18, 2024
Davis Investment Partners, LLC
added
20.83
54,095
1,139,620
0.47%
Jul 18, 2024
Blue Trust, Inc.
added
24.00
18,009
93,056
-%
Jul 18, 2024
Fruth Investment Management
unchanged
-
-44,000
407,000
0.11%
Jul 17, 2024
J.Safra Asset Management Corp
new
-
1,875
1,875
-%
Jul 17, 2024
Inscription Capital, LLC
unchanged
-
-25,207
234,916
0.04%
Jul 17, 2024
Valued Wealth Advisors LLC
added
138
779
1,456
-%

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
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading
Jul 02, 2024
4
Insider Trading

Peers (Alternatives to Ovintiv Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
457.7B
341.1B
6.13% 12.26%
13.96
1.34
-16.75% -46.83%
293.2B
198.9B
3.78% 1.75%
14.45
1.47
-18.05% -43.28%
56.0B
27.7B
3.09% 4.45%
12.96
2.02
-22.75% -55.41%
16.2B
6.6B
5.12% 13.83%
11.3
2.47
-17.48% -47.38%
10.6B
6.4B
-3.53% -2.97%
10.05
1.65
-54.63% -85.10%
MID-CAP
8.0B
2.2B
-4.12% 8.71%
16.53
3.63
-62.59% -77.29%
4.0B
2.5B
8.16% 40.51%
3.89
1.56
-6.59% -31.79%
3.8B
2.7B
14.57% -7.23%
10.69
1.37
2.93% 8.77%
2.6B
1.7B
6.07% -16.19%
11.88
1.53
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
290.4M
304.0M
25.95% 7.32%
9.49
0.96
-28.78% -93.34%
143.4M
257.2M
2.54% -58.05%
-3.24
0.56
7.59% 61.82%
71.5M
2.8B
13.90% -16.59%
41.75
0.03
-15.01% 137.22%
64.0M
205.5M
-5.12% -51.44%
-1.12
0.31
-40.02% -142.55%
21.8M
24.4M
-12.15% -14.23%
-6.7
0.89
-16.16% -245.04%

Ovintiv Inc News

Latest updates
Defense World4 hours ago
American Banking and Market News30 hours ago
American Banking and Market News12 Jul 202411:53 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-14.9%2,3872,8042,9132,3522,5923,1993,6434,0143,4073,0282,7202,4732,2471,0541,3261,0232,6431,9911,7711,8481,235
Costs and Expenses-6.1%1,8581,9782,1821,9861,8732,0482,1762,2202,1671,8941,7891,8131,6432,1192,6964,7851,8841,5931,5561,5171,462
  S&GA Expenses17.2%10287.0080.0016858.0010410371.0014496.0010112312298.0079.0016553.0010081.0081.00227
EBITDA Margin2.9%0.45*0.44*0.40*0.43*0.44*0.35*0.37*0.30*0.20*0.26*0.10*-0.07*---------
Interest Expenses-7.5%98.0010698.0080.0071.0063.0083.0091.0074.0077.0077.0099.0087.0092.0097.0086.0096.0097.0099.0099.0087.00
Income Taxes-57.3%90.00211-13.00101126-22588.0065.00-5.00-2.001.00--176-28.00-39.00294140-62.0043.00161-61.00
Earnings Before Taxes-59.9%4281,0673934376131,1101,2741,422-2461,382-71.00-205133-642-1,560-4,089561-68.00192497-306
EBT Margin-5.6%0.22*0.24*0.23*0.29*0.33*0.25*0.27*0.19*0.07*0.12*-0.09*-0.32*---------
Net Income-60.5%3388564063364871,3351,1861,357-2411,384-72.00-205309-614-1,521-4,383421-6.00149336-245
Net Income Margin-5.3%0.19*0.20*0.23*0.28*0.32*0.25*0.26*0.18*0.07*0.14*-0.07*-0.29*---------
Free Cashflow-90.3%68.0070272.00191458517451833234319447367---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q4
Assets-0.8%19,83419,98719,90019,51915,12315,05614,37414,92314,90014,05513,63613,76714,53414,46915,15716,79521,50521,48715,344
  Current Assets-13.4%1,4521,6761,5811,4791,3951,6951,7022,0302,1681,5871,3281,4431,2391,2471,2191,4742,2411,8692,676
    Cash Equivalents66.7%5.003.003.0052.0026.005.0018.008.002711958.001229.0010.0032.0039.001031901,058
  Net PPE1.1%14,80814,64014,51514,2179,9119,4689,0539,1948,9838,7618,5908,5359,5149,45010,22311,63615,08015,1918,972
  Goodwill-0.6%2,5832,5992,5852,5982,5842,5842,5762,6172,6382,6282,6242,6432,6332,6252,5942,5802,5552,6112,553
Liabilities-0.5%9,5729,61710,34810,2037,2297,3677,8249,10210,2168,9819,8399,83310,40010,63210,80510,92211,31411,5577,897
  Current Liabilities-1.0%2,7832,8123,5433,3102,6322,7803,3093,9913,9832,7483,3513,3663,4612,4231,7491,6532,1602,4322,016
  Long Term Debt0%5,4535,4535,4545,4543,1763,1773,1783,6874,7754,7864,7914,7965,3006,3677,1427,3667,0066,9743,698
    LT Debt, Current162.3%745284709680580393440215---5181,118518----500
    LT Debt, Non Current0%5,4535,4535,4545,4543,1763,1773,1783,6874,7754,7864,7914,7965,3006,3677,1427,3667,0066,9743,698
Shareholder's Equity-1.0%10,26210,3709,5529,3167,8947,6896,5505,8214,6845,0743,7973,9344,1343,8374,3525,87310,1919,9307,447
  Retained Earnings37.0%955697-77.00-401-655-1,081-2,355-3,479-4,772-4,479-5,827-5,718-5,488-5,773-5,135-3,590818421435
  Additional Paid-In Capital-3.4%8,3318,6208,6448,6717,5557,7767,9398,2398,3348,4588,5538,5328,5258,5318,4608,4608,4601,4021,358
Accumulated Depreciation0.4%52,02351,83750,93550,77550,01749,64049,18049,84250,05849,56149,20849,35248,81148,30646,48544,48940,18440,63738,121
Shares Outstanding-1.5%268272273274244246253257257258261261-------
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-51.6%6591,3629068311,0688759621,344685740812750827719493117566730756906529
Cashflow From Investing4.2%-761-794-854-3,008-863-591-264-514-417-405-367568-321-447-245-517-655-591-562-795-608
Cashflow From Financing118.1%102-562-1012,206-184-297-689-1,089-193-148-557-1,207-507-294-2563359.00-88.00-280-422-448
  Dividend Payments-2.4%80.0082.0082.0082.0061.0061.0062.0064.0052.0036.0037.0025.0024.0024.0024.0025.0024.0025.0024.0025.0028.00
  Buy Backs167.0%250-37345.0089.0023918832513571.00111--------213637400
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OVV Income Statement

2024-03-31
Condensed Consolidated Statement of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Product and service revenues$ 2,387$ 2,592
Gains (losses) on risk management, net(54)(58)
Sublease revenues1917
Total Revenues2,3522,551
Operating Expenses  
Production, mineral and other taxes8384
Transportation and processing419455
Operating243206
Purchased product440701
Depreciation, depletion and amortization566364
Accretion of asset retirement obligation55
Administrative10258
Total Operating Expenses1,8581,873
Operating Income (Loss)494678
Other (Income) Expenses  
Interest9871
Foreign exchange (gain) loss, net(28)(3)
Other (gains) losses, net(4)(3)
Total Other (Income) Expenses6665
Net Earnings (Loss) Before Income Tax428613
Income tax expense (recovery)90126
Net Earnings (Loss)$ 338$ 487
Net Earnings (Loss) per Share of Common Stock  
Basic$ 1.25$ 1.99
Diluted$ 1.24$ 1.97
Weighted Average Shares of Common Stock Outstanding (millions)  
Basic269.7244.3
Diluted272.3247.7

OVV Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 5$ 3
Accounts receivable and accrued revenues (net of allowances of $5 million (2023: $5 million))1,2701,442
Risk management146214
Income tax receivable3117
Total Current Assets1,4521,676
Oil and natural gas properties, based on full cost accounting  
Proved properties64,58664,084
Unproved properties1,3401,486
Other905907
Property, plant and equipment66,83166,477
Less: Accumulated depreciation, depletion and amortization(52,023)(51,837)
Property, plant and equipment, net14,80814,640
Other Assets9911,015
Risk Management04
Deferred Income Taxes053
Goodwill2,5832,599
Total Assets19,83419,987
Current Liabilities  
Accounts payable and accrued liabilities1,9202,209
Current portion of operating lease liabilities7887
Income tax payable10232
Risk management300
Current portion of long-term debt745284
Total Current Liabilities2,7832,812
Long-Term Debt5,4535,453
Operating Lease Liabilities818832
Other Liabilities and Provisions128132
Risk Management82
Asset Retirement Obligation269276
Deferred Income Taxes113110
Total Liabilities9,5729,617
Commitments and Contingencies
Shareholders’ Equity  
Share capital - authorized 775 million shares of stock 2024 issued and outstanding: 267.6 million shares (2023: 271.7 million shares)33
Paid in surplus8,3318,620
Retained earnings955697
Accumulated other comprehensive income9731,050
Total Shareholders’ Equity10,26210,370
Total Liabilities and Shareholders' Equity$ 19,834$ 19,987
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 Jul 19 2024, market cap of Ovintiv Inc is 12.61 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 Jul 19 2024, OVV's PE ratio (Price to Earnings) is 6.51 and Price to Sales (PS) ratio is 1.21. 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 -0.063 (multiply by 100 for percentage) rate of return.