Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 12.89B P/E 2.75 EPS this Y -9.30% Ern Qtrly Grth -35.90%
Income 2.08B Forward P/E 6.20 EPS next Y 15.60% 50D Avg Chg 21.00%
Sales 10.66B PEG 0.63 EPS past 5Y 22.69% 200D Avg Chg 7.00%
Dividend 2.00% Price/Book 1.37 EPS next 5Y 13.10% 52W High Chg -21.00%
Recommedations 2.20 Quick Ratio 0.50 Shares Outstanding 268.95M 52W Low Chg 45.00%
Insider Own 0.46% ROA 10.50% Shares Float 267.90M Beta 2.69
Inst Own 82.59% ROE 23.09% Shares Shorted/Prior 5.09M/4.74M Price 46.66
Gross Margin 46.57% Profit Margin 19.56% Avg. Volume 4,126,441 Target Price 61.68
Oper. Margin 42.37% Earnings Date May 7 Volume 3,658,124 Change -0.43%
About Ovintiv Inc. (DE)

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. In addition, the company's upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia. 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.

Ovintiv Inc. (DE) News
09:10 AM Is a Surprise Coming for Ovintiv (OVV) This Earnings Season?
05/03/24 Earnings Preview: Crescent Point Energy (CPG) Q1 Earnings Expected to Decline
05/02/24 VAALCO's (EGY) Q1 Earnings Preview: Things to Consider
04/30/24 Ovintiv (OVV) Expected to Beat Earnings Estimates: Should You Buy?
04/28/24 With 82% institutional ownership, Ovintiv Inc. (NYSE:OVV) is a favorite amongst the big guns
04/11/24 Are Robust Financials Driving The Recent Rally In Ovintiv Inc.'s (NYSE:OVV) Stock?
04/08/24 Ovintiv to Host its First Quarter 2024 Results Conference Call and Webcast on May 8, 2024
03/28/24 Ovintiv (OVV) Up 7.3% Since Last Earnings Report: Can It Continue?
03/25/24 Ovintiv (NYSE:OVV) Might Have The Makings Of A Multi-Bagger
03/14/24 Insider Sell: EVP, Midstream, Marketing & Fundamentals Renee Zemljak Sells 76,264 Shares of ...
03/12/24 Zacks Industry Outlook Highlights Canadian Natural Resources, Ovintiv and Baytex Energy
03/11/24 3 Stocks in the Canadian Upstream Industry Worth Some Thought
03/09/24 Ovintiv (NYSE:OVV) Could Be A Buy For Its Upcoming Dividend
03/08/24 13 Oil Stocks with Biggest Upside
03/04/24 Insider Sell: EVP, Corporate Services Rachel Moore Sells 9,300 Shares of Ovintiv Inc (OVV)
03/01/24 Ovintiv Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
02/29/24 Ovintiv Inc. (NYSE:OVV) Q4 2023 Earnings Call Transcript
02/29/24 Ovintiv (OVV) Q4 Earnings Beat Estimates on Lower Costs
02/29/24 Ovintiv Full Year 2023 Earnings: EPS Beats Expectations
02/29/24 Q4 2023 Ovintiv Inc Earnings Call
OVV Chatroom

User Image afonsomotatrades Posted - 04/22/24

$OVV

User Image afonsomotatrades Posted - 04/22/24

Bullish on Energy Price predictions until 2027: $OXY β€”> 130$ (+93%) $SM β€”> 90$ (+84%) $OVV β€”> 110$ (110%) $MRO β€”> 56$ (+101%) 1) OXY (the remaining setup-ups are in the comments) πŸ‘‡πŸΌπŸ‘‡πŸΌ

User Image roadrunner69 Posted - 04/13/24

$OVV Iran initiates huge attack on Israel. Oil will react and surge towards $100 quickly.

User Image Thestocktraderhubzee Posted - 04/12/24

$OVV Jefferies Maintains Buy on Ovintiv, Raises Price Target to $69

User Image BillyMcMc Posted - 04/10/24

@ChairliftInvestor @FundamentalValues @TriPragmatist @SwingTradeToronto XOM I think hit just under 30$ nice but and hold... fuk I bought a ton of $OVV on Canadian side at $3.63 sold in upper $20s why I sold my oil stocks in spring 2021 I will never understand

User Image PulsarTrades Posted - 04/10/24

Initial target completed $OVV

User Image TickerDD_com Posted - 04/09/24

From 4/1/2024, looking back across 22 Month-Ends for OVV, Percentage Change of Average Monthly Price had More Positives (55%) while Percentage Change of Average Monthly Volume had All Positives (100%) $OVV #OVV #OVVStock #TickerDD https://www.youtube.com/watch?v=jjqdO1Px34U

User Image Stock_Titan Posted - 04/08/24

$OVV Ovintiv to Host its First Quarter 2024 Results Conference Call and Webcast on May 8, 2024 https://www.stocktitan.net/news/OVV/ovintiv-to-host-its-first-quarter-2024-results-conference-call-and-utrexbmqwm4k.html

User Image skyhighroi Posted - 1 month ago

$OVV did it. Next target 57 - 58. We will need to see oil jumping past 90 to hit 60.

User Image PulsarTrades Posted - 1 month ago

Large Cap Bullish Continuation - Play #13 $OVV

User Image Thestocktraderhubzee Posted - 03/26/24

$OVV Goldman Sachs Maintains Neutral on Ovintiv, Raises Price Target to $56

User Image insiderbuyingselling Posted - 03/14/24

$OVV new insider selling: 76264 shares. http://insiderbuyingselling.com/?t=OVV

User Image skyhighroi Posted - 03/11/24

$OVV can this see 55 by April?

User Image Aigner_Andreas Posted - 03/08/24

#GoldenCross $OVV at 49.20 R6 HiLo 91% T1Y 69 buy DIV 1.91% #Ovintiv In #stocks #trading #finance #market

User Image TickerDD_com Posted - 2 months ago

From 3/1/2024, looking back across 22 Month-Ends for OVV, Percentage Change of Average Monthly Price had More Positives (55%) while Percentage Change of Average Monthly Volume had All Positives (100%) $OVV #OVV #OVVStock #TickerDD #OVVPrice https://www.youtube.com/watch?v=AitWCB7ZXTs

User Image Reversalbuzz Posted - 2 months ago

$OVV second target 54.68

User Image ElliottwaveForecast Posted - 02/29/24

Ovintiv Inc (NYSE: $OVV) Long Term Bullish Reversal https://elliottwave-forecast.com/stock-market/ovintiv-ovv-bullish-reversal/ #elliottwave

User Image Reversalbuzz Posted - 02/29/24

$OVV target. achieved

User Image HB_Oiler Posted - 02/28/24

$OVV Outstanding 4Q23 performance! My best stock today, and still clearly undervalued. $XLE $XOP $SPY

User Image saycheese Posted - 02/28/24

$OVV wtf! forward PE of 3.7x. disgrace price.$xom forward PE of 12x. you need more than 3x the price of ovv in order to catch the valuation of XOM. thats 150 bucks. i just need 2x of forward at 7.4x, PPS should be low 90s pps.

User Image StockInvest_us Posted - 02/28/24

Signal alert: $OVV - Overbought Trend Short (Overvalued) https://stockinvest.us/l/2ncA467FXs

User Image DonCorleone77 Posted - 02/27/24

$OVV Ovintiv sees FY24 total production 545MBOE/d-575MBO/d Sees FY24 capital Investment $2.200B-$2.400B.

User Image DonCorleone77 Posted - 02/27/24

$OVV Ovintiv sees Q1 total production 560MBOE/d-575M Sees Q1 capital Investment $580M-$620M. The company said, "Ovintiv expects production in the first quarter to be the high point for the year, with oil and condensate volumes expected to average 208 to 212 Mbbls/d. This includes the impacts of refinery turnarounds in Salt Lake City, weather and planned maintenance, which are expected to reduce first quarter volumes by approximately 8 Mbbls/d. Oil and condensate production is expected to stabilize in the second quarter and remain largely flat through the end of the year for an annual average of 202 to 208 Mbbls/d. The Company expects to realize a greater than 18% improvement in capital efficiency for its oil and condensate production versus its original 2023 guidance."

User Image DonCorleone77 Posted - 02/27/24

$OVV Ovintiv reports Q4 EPS $3.11 with items, consensus $1.95 Q4 capital investment of $660M was at the low end of the guidance range of approximately $660M-$700M. Included in net earnings were income tax expense of $211M and net gains on risk management of $344M, before tax. "2023 marked a year of exceptionally strong execution for our Company," said President and CEO, Brendan McCracken. "Our focus on operational excellence led to multiple quarters of positive guidance revisions, as we repeatedly outperformed our production targets without increasing spending. From volumes, to capital, to per unit costs, we beat our 2023 targets and enhanced the capital efficiency of the business. Our durable-returns strategy is set to deliver again in 2024, as we plan to produce higher oil and condensate volumes with less capital and generate about $450M more free cash flow than 2023."

User Image epsguid Posted - 02/27/24

$OVV reported earnings of $3.11, consensus was $1.94, Earnings Whisper was $1.93 via @eWhispers #whisperbeat http://eps.sh/d/ovv

User Image Stock_Titan Posted - 02/27/24

$OVV Ovintiv Reports Fourth Quarter and Year-End 2023 Financial and Operating Results https://www.stocktitan.net/news/OVV/ovintiv-reports-fourth-quarter-and-year-end-2023-financial-and-g01pg6nmfb6r.html

User Image Reversalbuzz Posted - 02/20/24

$OVV in partial

User Image Reversalbuzz Posted - 02/17/24

$OVV entry 45.13 target 48.58

User Image Americanbulls Posted - 2 months ago

$OVV the bull pattern is confirmed & a BUY signal is issued @ www.Americanbulls.com/SignalPage.aspx?lang=en&Ticker=OVV. Buy Level: 41.63 Target: 86.17

User Image Americanbulls Posted - 3 months ago

$OVV may go up 107% if the bull pattern is confirmed. Check confirmation [55%] @ www.Americanbulls.com/SignalPage.aspx?lang=en&Ticker=OVV. Buy level:41.37.

Analyst Ratings
Morgan Stanley Equal-Weight Apr 15, 24
Jefferies Buy Apr 12, 24
UBS Buy Apr 11, 24
Barclays Overweight Apr 10, 24
Mizuho Buy Apr 4, 24
Morgan Stanley Equal-Weight Mar 28, 24
Goldman Sachs Neutral Mar 26, 24
Mizuho Buy Mar 22, 24
Citigroup Buy Mar 18, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
NANCE STEVEN W Director Director Nov 29 Sell 43.78 13,000 569,140 24,193 11/30/23
NANCE STEVEN W Director Director Aug 03 Sell 48.65 1,201 58,429 20,929 08/04/23
Mayson Howard John Director Director Nov 14 Sell 56.21 2,600 146,146 11/21/22
Moore Rachel Maureen EVP, Corporate Servi.. EVP, Corporate Services Jun 08 Option 22.17 3,130 69,392 21,041 06/09/22
RICKS THOMAS G Director Director Jun 07 Sell 59.50 19,231 1,144,244 116,269 06/08/22
Mayson Howard John Director Director Jun 01 Sell 58.2759 550 32,052 27,003 06/02/22
NANCE STEVEN W Director Director May 26 Sell 52.58 4 210 22,131 05/26/22
RICKS THOMAS G Director Director May 23 Sell 50.00 10,000 500,000 135,500 05/24/22
RICKS THOMAS G Director Director Apr 18 Sell 53.73 10,000 537,300 145,500 04/19/22
Mayson Howard John Director Director Mar 18 Sell 48.09 2,200 105,798 24,404 03/21/22
Moore Rachel Maureen EVP, Corporate Servi.. EVP, Corporate Services Mar 03 Option 21.95 3,000 65,850 9,718 03/07/22
Zemljak Renee Ellen EVP, Midstream, Mrkt.. EVP, Midstream, Mrktg & Fndmtl Mar 03 Option 28.05 46,104 1,293,217 49,346 03/04/22