Ovintiv (TSE:OVV)
TSX:OVV

Ovintiv (OVV) Stock Price & Analysis

88 Followers

OVV Stock Chart & Stats

Day’s RangeC$0 - C$0
52-Week RangeC$42.62 - C$76.45
Previous CloseC$64.59
Volume103.91K
Average Volume (3M)193.63K
Market Cap
C$17.69B
Enterprise ValueC$27.29B
Total Cash (Recent Filing)$52.00M
Total Debt (Recent Filing)$7.07B
Price to Earnings (P/E)3.6
Beta1.79
Oct 31, 2023
1.1 (1.75%)
Share Statistics
EPS (TTM)17.70
Shares Outstanding273,900,000
10 Day Avg. Volume142,903
30 Day Avg. Volume193,634
Standard Deviation0.27
R-Squared0.51
Alpha0.05
Financial Highlights & Ratios
Price to Book (P/B)2.63
Price to Sales (P/S)7.46
Price to Cash Flow (P/CF)5.30
P/FCF Ratio5.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.29
Enterprise Value/Gross Profit1.96
Enterprise Value/Ebitda7.23
Forecast
Price Target Upside15.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13


Financials

Annual

OVV FAQ

What was Ovintiv’s price range in the past 12 months?
Ovintiv lowest stock price was C$42.62 and its highest was C$76.45 in the past 12 months.
    What is Ovintiv’s market cap?
    Currently, no data Available
    When is Ovintiv’s upcoming earnings report date?
    Ovintiv’s upcoming earnings report date is Oct 31, 2023 which is in 27 days.
      How were Ovintiv’s earnings last quarter?
      Ovintiv released its earnings results on Jul 27, 2023. The company reported C$1.267 earnings per share for the quarter, beating the consensus estimate of C$1.145 by C$0.122.
        Is Ovintiv overvalued?
        According to Wall Street analysts Ovintiv’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Ovintiv pay dividends?
          Ovintiv pays a Quarterly dividend of C$0.41 which represents an annual dividend yield of 2.21%. See more information on Ovintiv dividends here
            What is Ovintiv’s EPS estimate?
            Ovintiv’s EPS estimate is C$2.21.
              How many shares outstanding does Ovintiv have?
              Ovintiv has 273,890,350 shares outstanding.
                What happened to Ovintiv’s price movement after its last earnings report?
                Ovintiv reported an EPS of C$1.267 in its last earnings report, beating expectations of C$1.145. Following the earnings report the stock price went up 5.139%.
                  Which hedge fund is a major shareholder of Ovintiv?
                  Among the largest hedge funds holding Ovintiv’s share is Dodge & Cox. It holds Ovintiv’s shares valued at 1B.

                    ---

                    Ovintiv Stock Smart Score

                    The Ovintiv stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                    Learn more about TipRanks Smart Score

                    Company Description

                    Ovintiv

                    Ovintiv, Inc. produces and develops multi-basin portfolio of oil, natural gas liquids and natural gas producing plays. The firm operates through the following segments: Canadian Operations, USA Operations and Market Optimization. The Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. The Market Optimization segment's activities are managed by the Midstream, Marketing & Fundamentals team, which is primarily responsible for the sale of the Company's proprietary production to third party customers. The company was founded in 1881 and is headquartered in Denver, CO.

                    ---

                    Top 5 ETFs holding OVV

                    Name
                    Market Value
                    Smart Score
                    iShares MSCI Global Energy Producers ETF
                    $533.93K
                    8
                    Up to five ETFs with an Outperform Smart Score that hold OVV. The ETFs are listed according to market value of OVV within the ETF

                    Forecast EPS vs Actual EPS


                    Similar Stocks
                    Company
                    Price & Change
                    Follow
                    Ovintiv
                    Marathon Oil
                    EQT
                    Devon Energy
                    EOG Resources

                    Popular Stocks

                    ---
                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis