Ovintiv Inc. (OVV)
NYSE:OVV
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OVV Stock Chart & Stats
$52.81
-$0.03(-0.07%)
At close: 4:00 PM EST
$52.81
-$0.03(-0.07%)
Day’s Range― - ―
52-Week Range$35.47 - $63.46
Previous CloseN/A
Volume474.67K
Average Volume (3M)3.89M
Market Cap
$16.45B
Enterprise Value$23.42B
Total Cash (Recent Filing)$26.00M
Total Debt (Recent Filing)$7.70B
Price to Earnings (P/E)20.4
Beta0.58
Next Earnings
Jul 23, 2026EPS Estimate
2.16Next Dividend Ex-DateN/A
Dividend Yield3.16%
Share Statistics
EPS (TTM)3.09
Shares Outstanding281,018,620
10 Day Avg. Volume3,482,800
30 Day Avg. Volume3,887,214
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 Cap1.42
Enterprise Value/Revenue2.62
Enterprise Value/Gross Profit5.57
Enterprise Value/Ebitda8.59
Forecast
1Y Price Target
$68.67Price Target Upside30.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
EPS Forecast (FY)7.92
Revenue Forecast (FY)$9.44B
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation And Improving Free Cash FlowSustained, materially improved cash generation (operating cash flow and TTM free cash flow) provides durable internal funding for capex, debt reduction, and shareholder returns. This strengthens financial flexibility across commodity cycles and supports predictable capital allocation over months.
Marked Deleveraging And Ample LiquidityLower net debt and strong liquidity materially reduce refinancing and interest-rate risk, enabling more stable cash returns and optionality. Improved leverage enhances resilience to commodity downturns and supports continued buybacks/dividends without stressing the balance sheet.
Low-cost, High-productivity Operations And Multi-year InventoryCompetitive unit costs, productivity uplifts (surfactant program and other tech), and deep drilling inventory deliver sustainable margin and production optionality. Multi-year inventory supports steady activity and value capture through varying commodity environments over the next several years.
Bears Say
Large Non-cash Impairment Drove GAAP LossA sizable non-cash impairment highlights sensitivity of reported asset values to lower SEC trailing prices and can signal potential downside to reported equity if prices remain depressed. While non-cash, it affects GAAP metrics and could constrain executive actions tied to accounting results.
Cyclically Compressed Margins And Uneven Earnings PowerProfitability remains cyclical and below earlier peaks, indicating earnings and return metrics can swing materially with commodity prices. Margin compression reduces buffer for adverse price moves and makes long-term earnings durability dependent on sustained price or structural cost advantages.
Canadian Royalty Structure Reduces Net Montney VolumesRoyalty escalation in Canada creates a structural trade-off: higher headline revenues but lower net volumes and near-term production. This reduces per-well economic upside and adds complexity to forecasting Montney output and cash flow, especially if condensate prices remain elevated.
Ovintiv News
OVV FAQ
What was Ovintiv Inc.’s price range in the past 12 months?
Ovintiv Inc. lowest stock price was $35.47 and its highest was $63.46 in the past 12 months.
What is Ovintiv Inc.’s market cap?
Ovintiv Inc.’s market cap is $16.45B.
When is Ovintiv Inc.’s upcoming earnings report date?
Ovintiv Inc.’s upcoming earnings report date is Jul 23, 2026 which is in 49 days.
How were Ovintiv Inc.’s earnings last quarter?
Ovintiv Inc. released its earnings results on May 11, 2026. The company reported $1.895 earnings per share for the quarter, beating the consensus estimate of $1.887 by $0.008.
Is Ovintiv Inc. overvalued?
According to Wall Street analysts Ovintiv Inc.’s price is currently Undervalued.
Does Ovintiv Inc. pay dividends?
Ovintiv Inc. pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 3.16%. See more information on Ovintiv Inc. dividends here
What is Ovintiv Inc.’s EPS estimate?
Ovintiv Inc.’s EPS estimate is 2.16.
How many shares outstanding does Ovintiv Inc. have?
Ovintiv Inc. has 281,018,620 shares outstanding.
What happened to Ovintiv Inc.’s price movement after its last earnings report?
Ovintiv Inc. reported an EPS of $1.895 in its last earnings report, beating expectations of $1.887. Following the earnings report the stock price went down -1.692%.
Which hedge fund is a major shareholder of Ovintiv Inc.?
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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Analyst Consensus
Strong Buy
Average Price Target:
$68.67 (30.03% Upside)
$68.67 (30.03% Upside)
Blogger Sentiment
Bullish
OVV Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $896.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
64.50%
12-Months-Change
Fundamentals
Return on Equity
7.11%
Trailing 12-Months
Asset Growth
13.66%
Trailing 12-Months
Company Description
Ovintiv Inc.
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 Company Deck
OVV Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational execution, significant balance-sheet improvement, and notable cost and productivity gains (Permian and Montney outperformance, successful NuVista integration, surfactant-driven uplift, <$3.3B net debt, $634M FCF, cash flow per share beat). The principal negatives were a sizable non-cash $1.2B impairment (driven by lower trailing SEC prices) that produced a GAAP loss, higher Canadian royalty-driven volume impacts in the near term, and modest inflationary pressure from diesel. Overall, the positives—durable cash generation, deleveraging, completed integration synergies, cost leadership, and sizeable inventory—outweigh the transitory and non-cash negatives.View all OVV earnings summariesOVV Stock 12 Month Forecast
Average Price Target
$68.67
▲(30.03% Upside)
Technical Analysis
Ownership Overview
0.42% Insiders
28.57% Mutual Funds
19.31% Other Institutional Investors
28.95% Public Companies and
Individual Investors