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Ovintiv (OVV) Stock

Profile

Full Name:

Ovintiv Inc.

Sector:

Energy

Country:

United States

IPO:

08 April 2002

Indexes:

Not included

Description:

Ovintiv Inc. is an independent oil company in the United States. Its main activities include exploration and development of oil and gas fields, processing, and marketing of its own products. It is among the top 15 gas producers in the United States. Founded in 2002, although its roots go back to the late 19th century when natural gas was discovered during water well drilling in the province of Alberta. Founded in: Calgary, Canada. In January 2020, it was renamed Ovintiv. The headquarters were relocated to Denver, Colorado, USA. The company also has a marketing department responsible for product sales.

Key Details

Price

$43.77

TTM Dividend Yield

2.74%(+3.79% YoY)

Annual Revenue

$10.88 B(-12.68% YoY)

Annual EPS

$7.90(-43.89% YoY)

PE Ratio

5.76(+5.30% YoY)

Beta

0.63

Events Calendar

Earnings

Next earnings date:

Feb 26, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Feb 27, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 13, 2024
Splits

Next split:

N/A

Recent split:

Jan 27, 2020

Analyst ratings

Recent major analysts updates

13 Jan '25 Truist Securities
Buy
13 Jan '25 B of A Securities
Buy
17 Dec '24 Wells Fargo
Equal-Weight
16 Dec '24 Mizuho
Outperform
10 Dec '24 UBS
Buy
26 Nov '24 Citigroup
Buy
18 Nov '24 UBS
Buy
18 Nov '24 Scotiabank
Sector Outperform
15 Nov '24 Truist Securities
Buy
15 Nov '24 Barclays
Overweight

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Institutional Ownership

Ovintiv Names Terri King to Board of Directors
Ovintiv Names Terri King to Board of Directors
Ovintiv Names Terri King to Board of Directors
OVV
prnewswire.com27 January 2025

DENVER, Jan. 27, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) has announced that Terri G. King will join its board of directors as an independent member, starting on January 31, 2025.

Ovintiv Finalizes $2 Billion Asset Sale to FourPoint in Uinta Basin
Ovintiv Finalizes $2 Billion Asset Sale to FourPoint in Uinta Basin
Ovintiv Finalizes $2 Billion Asset Sale to FourPoint in Uinta Basin
OVV
zacks.com23 January 2025

OVV has completed a $2 billion agreement with FourPoint Resources to acquire 126,000 acres in the Uinta Basin. This move strengthens its portfolio and emphasizes its strategy to focus on valuable assets.

Ovintiv Announces Closing of Uinta Asset Sale
Ovintiv Announces Closing of Uinta Asset Sale
Ovintiv Announces Closing of Uinta Asset Sale
OVV
prnewswire.com22 January 2025

DENVER, Jan. 22, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE, TSX: OVV) has completed the cash sale of most of its Uinta assets in Utah to FourPoint Resources, LLC, for around $2 billion. Ovintiv's President and CEO, Brendan McCracken, stated that this sale continues their history of creating value from non-essential assets while concentrating on their main areas of business.

Are Investors Undervaluing Ovintiv (OVV) Right Now?
Are Investors Undervaluing Ovintiv (OVV) Right Now?
Are Investors Undervaluing Ovintiv (OVV) Right Now?
OVV
zacks.com22 January 2025

At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.

Is Ovintiv (OVV) Stock Outpacing Its Oils-Energy Peers This Year?
Is Ovintiv (OVV) Stock Outpacing Its Oils-Energy Peers This Year?
Is Ovintiv (OVV) Stock Outpacing Its Oils-Energy Peers This Year?
OVV
zacks.com14 January 2025

This is a comparison of how Ovintiv (OVV) and Plains GP Holdings (PAGP) have done in relation to their industry this year.

Earnings Estimates Moving Higher for Ovintiv (OVV): Time to Buy?
Earnings Estimates Moving Higher for Ovintiv (OVV): Time to Buy?
Earnings Estimates Moving Higher for Ovintiv (OVV): Time to Buy?
OVV
Zacks13 January 2025

Ovintiv (OVV) shares have begun to rise and could keep increasing soon, based on positive changes in earnings forecasts.

Earnings Estimates Moving Higher for Ovintiv (OVV): Time to Buy?
Earnings Estimates Moving Higher for Ovintiv (OVV): Time to Buy?
Earnings Estimates Moving Higher for Ovintiv (OVV): Time to Buy?
OVV
zacks.com13 January 2025

Ovintiv (OVV) shares have begun to rise and could keep increasing soon, based on positive changes in earnings forecasts.

Does Ovintiv (OVV) Have the Potential to Rally 39.51% as Wall Street Analysts Expect?
Does Ovintiv (OVV) Have the Potential to Rally 39.51% as Wall Street Analysts Expect?
Does Ovintiv (OVV) Have the Potential to Rally 39.51% as Wall Street Analysts Expect?
OVV
zacks.com06 January 2025

Analysts' average price targets for Ovintiv (OVV) suggest a potential increase of 39.5% in the stock's value. Although this popular measure hasn't always been very reliable, the consensus among analysts in boosting earnings forecasts does suggest a positive outlook for the stock.

Downturn in Energy Prices Affected Ovintiv (OVV) In Q3
Downturn in Energy Prices Affected Ovintiv (OVV) In Q3
Downturn in Energy Prices Affected Ovintiv (OVV) In Q3
OVV
Insider Monkey27 December 2024

Hotchkis & Wiley Funds, an investment management firm, published its investor letter for the third quarter of 2024 regarding the "Hotchkis & Wiley Large Disciplined Value Fund." You can download the letter here. The S&P 500 Index has increased by 22.1% since the beginning of the year and gained 5.9% in the third quarter.

Here's Why Ovintiv (OVV) Could be Great Choice for a Bottom Fisher
Here's Why Ovintiv (OVV) Could be Great Choice for a Bottom Fisher
Here's Why Ovintiv (OVV) Could be Great Choice for a Bottom Fisher
OVV
zacks.com18 December 2024

Ovintiv (OVV) seems to have stabilized after a recent decline, as shown by the hammer chart pattern. Furthermore, the consensus among Wall Street analysts to raise earnings estimates adds to the stock's chances for a recovery soon.

FAQ

  • What is the primary business of Ovintiv?
  • What is the ticker symbol for Ovintiv?
  • Does Ovintiv pay dividends?
  • What sector is Ovintiv in?
  • What industry is Ovintiv in?
  • What country is Ovintiv based in?
  • When did Ovintiv go public?
  • Is Ovintiv in the S&P 500?
  • Is Ovintiv in the NASDAQ 100?
  • Is Ovintiv in the Dow Jones?
  • When was Ovintiv's last earnings report?
  • When does Ovintiv report earnings?
  • Should I buy Ovintiv stock now?

What is the primary business of Ovintiv?

Ovintiv Inc. is an independent oil company in the United States. Its main activities include exploration and development of oil and gas fields, processing, and marketing of its own products. It is among the top 15 gas producers in the United States. Founded in 2002, although its roots go back to the late 19th century when natural gas was discovered during water well drilling in the province of Alberta. Founded in: Calgary, Canada. In January 2020, it was renamed Ovintiv. The headquarters were relocated to Denver, Colorado, USA. The company also has a marketing department responsible for product sales.

What is the ticker symbol for Ovintiv?

The ticker symbol for Ovintiv is NYSE:OVV

Does Ovintiv pay dividends?

Yes, Ovintiv pays dividends. The last payment was $0.30, with an ex-dividend date on 13 December 2024

What sector is Ovintiv in?

Ovintiv is in the Energy sector

What industry is Ovintiv in?

Ovintiv is in the Oil & Gas Equipment & Services industry

What country is Ovintiv based in?

Ovintiv is headquartered in United States

When did Ovintiv go public?

Ovintiv's initial public offering (IPO) was on 08 April 2002

Is Ovintiv in the S&P 500?

No, Ovintiv is not included in the S&P 500 index

Is Ovintiv in the NASDAQ 100?

No, Ovintiv is not included in the NASDAQ 100 index

Is Ovintiv in the Dow Jones?

No, Ovintiv is not included in the Dow Jones index

When was Ovintiv's last earnings report?

Ovintiv's most recent earnings report was on 7 November 2024

When does Ovintiv report earnings?

The next expected earnings date for Ovintiv is 26 February 2025

Should I buy Ovintiv stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions