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OVV Stock Chart & Stats
$64.40
-$3.05(-4.83%)
At close: 4:00 PM EDT
$64.40
-$3.05(-4.83%)
Day’s Range― - ―
52-Week Range$35.47 - $73.00
Previous Close$58.79
Volume4.01M
Average Volume (3M)3.30M
Market Cap
$19.91B
Enterprise Value$19.17B
Total Cash (Recent Filing)$700.00M
Total Debt (Recent Filing)$4.92B
Price to Earnings (P/E)20.5
Beta0.40
Next Earnings
Nov 03, 2026EPS Estimate
2.02Next Dividend Ex-DateN/A
Dividend Yield1.66%
Share Statistics
EPS (TTM)3.52
Shares Outstanding275,503,570
10 Day Avg. Volume3,478,843
30 Day Avg. Volume3,301,597
Financial Highlights & Ratios
PEG Ratio0.59
Price to Book (P/B)0.90
Price to Sales (P/S)1.15
P/FCF Ratio6.70
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue1.99
Enterprise Value/Gross Profit3.88
Enterprise Value/Ebitda6.80
Forecast
1Y Price Target
$77.11Price Target Upside19.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
EPS Forecast (FY)8.29
Revenue Forecast (FY)$10.17B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationOvintiv is converting earnings into substantial cash, supporting debt reduction, capital investment and shareholder distributions. This high conversion provides financial flexibility through the commodity cycle, although the latest growth rate has moderated from the prior year.
Improving Balance SheetLower leverage and reduced debt strengthen Ovintiv’s ability to withstand commodity volatility while preserving funding capacity for development and returns. The improved balance sheet also supports financial resilience as the company manages investment and production decisions.
Montney ExpansionThe Logan transaction would materially expand Ovintiv’s Montney resource base, production platform and operating scale. Proximity to existing assets and expected synergies could improve development economics and create longer-term growth optionality, subject to closing approvals.
Bears Say
Cooling ProfitabilityThe decline in net and EBITDA margins indicates that recent revenue recovery is not translating into the profitability achieved during the prior upcycle. Lower margins reduce earnings resilience and may constrain internally funded growth if commodity prices or operating costs remain unfavorable.
Slowing Free-Cash-Flow GrowthAlthough absolute cash generation remains strong, the contraction in free-cash-flow growth signals less favorable earnings momentum than in the previous period. Sustained weaker cash growth could limit the pace of deleveraging, investment and shareholder distributions over coming quarters.
Commodity-Cycle ExposureOvintiv’s upstream model remains exposed to changing oil and gas prices and demand conditions, which can alter operating cash flow and investment returns. Continued uncertainty may encourage a more cautious growth program and make production and earnings less predictable.
Ovintiv News
OVV FAQ
What was Ovintiv’s price range in the past 12 months?
Ovintiv lowest stock price was $35.47 and its highest was $73.00 in the past 12 months.
What is Ovintiv’s market cap?
Ovintiv’s market cap is $19.91B.
When is Ovintiv’s upcoming earnings report date?
Ovintiv’s upcoming earnings report date is Nov 03, 2026 which is in 8 days.
How were Ovintiv’s earnings last quarter?
Ovintiv released its earnings results on Jul 23, 2026. The company reported $1.791 earnings per share for the quarter, missing the consensus estimate of $1.943 by -$0.152.
Is Ovintiv overvalued?
According to Wall Street analysts Ovintiv’s price is currently Undervalued.
Does Ovintiv pay dividends?
Ovintiv pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 1.66%. See more information on Ovintiv dividends here
What is Ovintiv’s EPS estimate?
Ovintiv’s EPS estimate is 2.02.
How many shares outstanding does Ovintiv have?
Ovintiv has 275,503,570 shares outstanding.
What happened to Ovintiv’s price movement after its last earnings report?
Ovintiv reported an EPS of $1.791 in its last earnings report, missing expectations of $1.943. Following the earnings report the stock price went up 2.834%.
Which hedge fund is a major shareholder of Ovintiv?
Currently, no hedge funds are holding shares in OVV
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Ovintiv Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$77.11 (19.74% Upside)
$77.11 (19.74% Upside)
Blogger Sentiment
Bullish
OVV Sentiment 63%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 59.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $490.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 3.2%
Last 30 Days ▲ 3.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
94.67%
12-Months-Change
Fundamentals
Return on Equity
8.27%
Trailing 12-Months
Asset Growth
-2.30%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Ovintiv
Ovintiv Inc. is an energy company primarily focused on the exploration, production, and sale of natural gas, crude oil, and natural gas liquids (NGLs). Its activities are managed across three main segments: operations within the United States, operations in Canada, and market optimization efforts. The company holds significant resource plays, notably in the Permian Basin of West Texas, the Anadarko Basin in west-central Oklahoma, and the Montney region spanning northeastern British Columbia and northwestern Alberta. Additional upstream holdings include the Bakken formation in North Dakota, the Uinta Basin in central Utah, the Horn River Basin in northeastern British Columbia, and Wheatland in southern Alberta. Ovintiv Inc. was formed in 2020, the same year it adopted its current name, having previously been known as Encana Corporation. Its corporate headquarters are located in Denver, Colorado.
OVV Company Deck
OVV Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational execution, material free cash flow generation, significant balance sheet improvement (net debt down ~$3.4B, leverage ~0.6x), upgraded production guidance and a meaningful shareholder return program. Most near-term challenges (Montney turnarounds, higher royalties, diesel cost pressure, and some one-off sulfur revenue) were either mitigated or framed as manageable. Continued productivity gains (surfactants, faster completions, wet sand, AI/automation) and long inventory life underpin a positive outlook. Given the breadth and scale of financial and operational positives relative to the limited and mostly manageable headwinds, the overall tone is constructive.View all OVV earnings summariesOVV Stock 12 Month Forecast
Average Price Target
$77.11
▲(19.74% Upside)
Technical Analysis
Ownership Overview
0.42% Insiders
30.92% Mutual Funds
0.56% Other Institutional Investors
41.24% Public Companies and
Individual Investors