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Market Cap 12.89B P/E 2.75 EPS this Y -22.80% Ern Qtrly Grth 1.20%
Income 1.94B Forward P/E 6.20 EPS next Y 0.10% 50D Avg Chg 21.00%
Sales 10.3B PEG 0.46 EPS past 5Y 24.90% 200D Avg Chg 7.00%
Dividend 2.00% Price/Book 1.37 EPS next 5Y 12.17% 52W High Chg -21.00%
Recommedations 2.20 Quick Ratio 0.40 Shares Outstanding 263.61M 52W Low Chg 45.00%
Insider Own 0.49% ROA 8.59% Shares Float 262.12M Beta 2.64
Inst Own 82.92% ROE 19.75% Shares Shorted/Prior 4.64M/5.37M Price 46.66
Gross Margin 50.35% Profit Margin 18.84% Avg. Volume 4,126,441 Target Price 74.95
Oper. Margin 25.31% Earnings Date Nov 5 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
11/19/24 Ovintiv's Q3 Earnings Beat Estimates, Revenues Down 12% Y/Y
11/18/24 Ovintiv's Twin Deals: What Are the Key Takeaways for Investors?
11/18/24 Zacks Industry Outlook Highlights Canadian Natural Resources, Ovintiv and Baytex
11/15/24 Drilling Deep Into the Canadian Upstream Industry: What to Expect?
11/15/24 Ovintiv expands Montney assets with $2.3bn acquisition from Paramount Resources
11/15/24 Ovintiv’s Strategic Acquisition and Divestiture Moves
11/14/24 TSX Closer: The Market Closes at a Third-Straight Record High as it Cracks 25,000
11/14/24 Ovintiv Kept at Outperform at National Bank After US$2.38-Billion Property Buy; Price Target Raised to US$59.00
11/14/24 Paramount Resources Maintained at Outperform at National Bank After $3.3 Bln Land Sale; Price Target Kept at $40
11/14/24 Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback
11/14/24 FourPoint Resources, Quantum Capital Group and Kayne Anderson to Acquire Ovintiv Uinta Basin Assets for $2 Billion
11/14/24 Paramount Resources Inks $3.33 Billion Asset Sale With Ovintiv
11/14/24 Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion
11/14/24 PARAMOUNT RESOURCES LTD. ANNOUNCES $3.325 BILLION ASSET SALE
11/14/24 Ovintiv Strengthens Portfolio with Core Oil-Rich Montney Asset Acquisition
11/12/24 Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30
11/09/24 Ovintiv Third Quarter 2024 Earnings: Beats Expectations
11/09/24 Ovintiv Inc (OVV) Q3 2024 Earnings Call Highlights: Strong Cash Flow and Production Gains Amid ...
11/09/24 Q3 2024 Ovintiv Inc Earnings Call
11/08/24 Decoding Ovintiv Inc (OVV): A Strategic SWOT Insight
OVV Chatroom

User Image DonCorleone77 Posted - 4 days ago

$OVV Ovintiv price target raised to $48 from $46 at Wells Fargo Wells Fargo raised the firm's price target on Ovintiv to $48 from $46 and keeps an Equal Weight rating on the shares. The firm said in a research note on Friday that doubling down on flagship Montney assets while streamlining portfolio with minimal net investment is a clear positive. The deals also remove M&A overhang on Ovintiv's shares.

User Image JackDarwin Posted - 6 days ago

$OVV Nice Gap Up Formed.

User Image swingingtech Posted - 6 days ago

$FIVE $OVV $ZM https://wallstreetwaves.com/significant-thursday-options-trading-insights-five-ovv-zm/

User Image stockpicker63 Posted - 1 week ago

Two stocks to watch $VLRS and $OVV

User Image wallstengine Posted - 1 week ago

Ovintiv $OVV has agreed to sell its Uinta Basin assets—spanning 126,000 net acres with production of 29,000 barrels per day—to FourPoint Resources, Quantum Capital Group, and Kayne Anderson for $2 billion. FourPoint, with backing from Quantum and Kayne Anderson, plans to boost production and cash flow from the “high-quality, inventory-rich” assets.

User Image briefingcom Posted - 1 week ago

$OVV: Ovintiv strengthens portfolio with core oil-rich montney asset acquisition; provides FY25 outlook https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20241114060914OVV&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image OpenOutcrier Posted - 1 week ago

$OVV (+0.3% pre) Ovintiv Inc. (OVV) to Sell Uinta Basin assets to FourPoint Resources, Quantum Capital Group and Kayne Anderson for $2B Cash - SI https://ooc.bz/l/48070

User Image Tomikehoward Posted - 1 week ago

$OVV wtf

User Image Murph_477 Posted - 1 week ago

$OVV 1/2 TAKE

User Image Murph_477 Posted - 2 weeks ago

$OVV

User Image garygb Posted - 10/28/24

$OVV Should be the bottom.

User Image JClem_Stocks Posted - 1 month ago

@TheRagnaros one of the best energy plays I see for value is $OVV

User Image roadrunner69 Posted - 1 month ago

$OVV Ovintiv is about to get bought out. They are laying off some of their top paid (and most accomplished) employee's to ostensibly clean up their balance sheet. I have inside (but second hand) information on this process.

User Image STAresearch Posted - 1 month ago

$BCS $COP $MRO $OVV

User Image Ro_Patel Posted - 1 month ago

Energy sector is the only one of the 11 sectors of the S&P 500 whose fwd P/E is below its 10-year average. US oil producers have benefitted from steady cash flow while keeping the lid on cap-ex spending. Much of the companies' FCF has been allocated for dividends & share buybacks. Lower share counts mean higher EPS, which can support higher stock prices over the long term. Div yield - fwd FCF yields. $MPC 2.02% - 14.26% $OVV 3.13% - 14.49% $SM 2.01% - 12.29% $DVN 4.57% - 11.73% $FANG 2.11% - 9.84% VLO 3.15% - 9.69%

User Image HB_Oiler Posted - 1 month ago

Looks like momentum investing applies to oil stocks as well. $XOM hits a new 52 week high as much cheaper $CHRD, $DVN, and $OVV go up less in spite of being much closer to their 52 week lows.

User Image HB_Oiler Posted - 1 month ago

@Fineststk $CHRD, $DVN, and $OVV are all very cheap. One of the reasons I sold $XLE is because it was fairly valued relative to the price of oil, unlike these names.

User Image tacticalbucee Posted - 1 month ago

$OVV Ovintiv (NYSE:OVV) rose 5% amid some takeover speculation with Coterra Energy (CTRA). Ovintiv (OVV) is speculated to be been approached by Coterra Energy about a possible takeover, according to a StreetInsider report on Tuesday. Ovintiv is believed to have hired an investment bank amid the interest.

User Image anachartanalyst Posted - 1 month ago

$OVV https://anachart.com/wp-content/uploads/ana_temp/1727809337_soc-img.jpg

User Image JClem_Stocks Posted - 1 month ago

$OVV The company has a P/E ratio of 5, the company has $600 million in shares at an average price of $46 per share. Also, they just had an annual buyback renewal. On top of all of this, the average analyst price target goes from $50-$60 per share. Plenty of upside for this one considering it is fundamentally undervalued, company is confident in that value for future growth, and analysts all have targets that are at least 40 percent above current price.

User Image Thestocktraderhubzee Posted - 09/30/24

$OVV Evercore ISI Group Maintains Outperform on Ovintiv, Lowers Price Target to $54

User Image JClem_Stocks Posted - 09/30/24

$OVV notice that the company is buying back shares at $46 per share if that tells you anything about their confidence in the company. Also, they are trading at an incredible discount when looking at their value. Easy adds at these levels!

User Image anachartanalyst Posted - 09/30/24

$OVV https://anachart.com/wp-content/uploads/ana_temp/1727712119_soc-img.jpg

User Image JClem_Stocks Posted - 09/30/24

$OVV This will be at $45 probably within a year. Time to add here, and will continue to add down for the run up

User Image Stock_Titan Posted - 09/26/24

$OVV Ovintiv Renews Annual Share Buy-Back Program https://www.stocktitan.net/news/OVV/ovintiv-renews-annual-share-buy-back-s5uy09xoem2r.html

User Image skyhighroi Posted - 09/26/24

$OVV too low not to dip my toes in. I may have gotten the final purchase of the day. Even a small reversal in oil will be enough to pop Ovintiv back up a buck.

User Image Tigerflying81 Posted - 09/26/24

$OVV began loading up today. Share price is way too low and completely out of touch with the value value of this company. I like what I see.

User Image DonCorleone77 Posted - 3 months ago

$OVV Ovintiv price target lowered to $60 from $69 at Barclays Barclays lowered the firm's price target on Ovintiv to $60 from $69 and keeps an Overweight rating on the shares. The analyst says the Q2 results for the oil and exploration and production space generally fared better than expected with higher production, better cost, and lower capex. U.S. production remains resilient as operators continue to find efficiency gains, the analyst tells investors in a research note. The firm points out that companies with improving second half of 2024 and 2025 outlooks and/or increased buyback have outperformed.

User Image Aigner_Andreas Posted - 3 months ago

#DeathCross $OVV at 40.80 R12 HiLo 7% T1Y 69 buy 2.0 DIV 1.91% #Ovintiv In #stocks #trading #finance #market

User Image Thestocktraderhubzee Posted - 3 months ago

$OVV RBC Capital Maintains Sector Perform on Ovintiv, Lowers Price Target to $61

Analyst Ratings
Wells Fargo Equal-Weight Oct 1, 24
Evercore ISI Group Outperform Sep 30, 24
Truist Securities Buy Sep 30, 24
UBS Buy Sep 18, 24
Morgan Stanley Equal-Weight Sep 16, 24
JP Morgan Overweight Sep 12, 24
UBS Buy Aug 9, 24
RBC Capital Sector Perform Aug 1, 24
Truist Securities Buy Aug 1, 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