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Ovintiv (OVV) Stock Price, News & Analysis

Ovintiv logo
$61.65 +0.37 (+0.61%)
Closing price 03:59 PM Eastern
Extended Trading
$60.75 -0.90 (-1.46%)
As of 07:51 PM Eastern
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About Ovintiv Stock (NYSE:OVV)

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Key Stats

Today's Range
$60.21
$61.74
50-Day Range
$51.99
$63.08
52-Week Range
$35.47
$64.61
Volume
2.84 million shs
Average Volume
3.19 million shs
Market Capitalization
$16.98 billion
P/E Ratio
17.42
Dividend Yield
1.95%
Price Target
$66.89
Consensus Rating
Moderate Buy

Company Overview

Ovintiv Inc. is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv’s upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company’s core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada. Key U.S. assets are located in the Permian Basin, Eagle Ford, Anadarko and Denver-Julesburg basins, while Canadian operations focus on the Montney region in Alberta and northeastern British Columbia. Ovintiv applies advanced drilling and completion techniques to optimize recovery rates and reduce environmental impact.

Ovintiv maintains a complementary midstream infrastructure network, which encompasses gathering pipelines, processing facilities and storage services. By integrating midstream capabilities, the company seeks to enhance operational efficiency, secure takeaway capacity and capture additional value throughout the production lifecycle. Ovintiv also emphasizes environmental, social and governance (ESG) initiatives, pursuing methane emissions reductions and renewable energy partnerships to support its sustainability goals.

The company traces its roots to the merger of PanCanadian Energy and Alberta Energy Company in 2002 and has since evolved through strategic asset transactions and geographic diversification. At the time of its transition to Ovintiv, Doug Suttles served as President and Chief Executive Officer, guiding the organization through its rebranding and relocation. Today, Ovintiv’s leadership team continues to leverage decades of industry experience to drive operational excellence and long-term value creation for stakeholders.

AI Generated. May Contain Errors.

Ovintiv Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
74th Percentile Overall Score

OVV MarketRank™: 

Ovintiv scored higher than 74% of companies evaluated by MarketBeat, and ranked 99th out of 252 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ovintiv has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 1 strong buy rating, 18 buy ratings, 3 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Ovintiv is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Ovintiv has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Ovintiv's stock forecast and price target.
  • Earnings Growth

    Earnings for Ovintiv are expected to decrease by -8.88% in the coming year, from $6.87 to $6.26 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ovintiv is 17.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.64.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ovintiv is 17.42, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 19.73.

  • Price to Book Value per Share Ratio

    Ovintiv has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.12% of the float of Ovintiv has been sold short.
  • Short Interest Ratio / Days to Cover

    Ovintiv has a short interest ratio ("days to cover") of 5.76.
  • Change versus previous month

    Short interest in Ovintiv has recently decreased by 6.03%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Ovintiv pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Ovintiv has only been increasing its dividend for 4 years.

  • Dividend Coverage

    The dividend payout ratio of Ovintiv is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Ovintiv will have a dividend payout ratio of 19.17% next year. This indicates that Ovintiv will be able to sustain or increase its dividend.

  • Read more about Ovintiv's dividend.
  • News Sentiment

    Ovintiv has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 27 news articles for Ovintiv this week, compared to 8 articles on an average week.
  • Search Interest

    5 people have searched for OVV on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Ovintiv to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ovintiv insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.85% of the stock of Ovintiv is held by insiders.

  • Percentage Held by Institutions

    83.81% of the stock of Ovintiv is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ovintiv's insider trading history.
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OVV Stock News Headlines

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Porter Stansberry says a dollar reset is underway - one that has happened only once before in America's 250-year history, back in 1974 with a secret Saudi deal that reshaped an entire generation's wealth. Today, a landmark treaty called Pax Silica - signed by 13 nations in December 2025 and barely covered in the press - is at the center of what Fortune calls 'the biggest change to the world's relationship with the dollar' in a generation. The stocks to buy, the assets to avoid, and the moves to consider are outlined in Stansberry's new briefing.tc pixel
Jefferies Sticks to Their Buy Rating for Ovintiv (OVV)
Ovintiv (NYSE:OVV) Stock Rating Upgraded by Wall Street Zen
See More Headlines

OVV Stock Analysis - Frequently Asked Questions

Ovintiv's stock was trading at $39.20 at the beginning of the year. Since then, OVV stock has increased by 57.3% and is now trading at $61.6510.

Ovintiv Inc. (NYSE:OVV) posted its quarterly earnings data on Thursday, July, 23rd. The company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.94 by $0.20. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $2.37 billion. Ovintiv had a net margin of 9.43% and a trailing twelve-month return on equity of 14.84%.
Read the conference call transcript
.

Ovintiv's top institutional shareholders include Wedge Capital Management L L P NC (0.08%), PensionDanmark Pensionsforsikringsaktieselskab (0.03%), Foster Group Inc. (0.03%) and CX Institutional (0.01%). Insiders that own company stock include Gregory Dean Givens, Meghan Nicole Eilers, Rachel Maureen Moore, Howard John Mayson, Renee Ellen Zemljak and Steven W Nance.
View institutional ownership trends
.

Shares of OVV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ovintiv investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), GE Aerospace (GE), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

Record date for 6/30 Dividend
6/15/2026
Ex-Dividend for 6/30 Dividend
6/15/2026
Dividend Payable
6/30/2026
Last Earnings
7/23/2026
Today
7/30/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
OIL - C$ EXP&PROD
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NYSE:OVV
CIK
1792580
Employees
1,465
Year Founded
2002

Price Target and Rating

High Price Target
$85.00
Low Price Target
$47.00
Potential Upside/Downside
+8.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
22 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.54
Trailing P/E Ratio
17.42
Forward P/E Ratio
8.97
P/E Growth
N/A
Net Income
$1.24 billion
Net Margins
9.43%
Pretax Margin
2.83%
Return on Equity
14.84%
Return on Assets
8.11%

Debt

Debt-to-Equity Ratio
0.32
Current Ratio
1.01
Quick Ratio
1.01

Sales & Book Value

Annual Sales
$8.91 billion
Price / Sales
1.91
Cash Flow
$13.64 per share
Price / Cash Flow
4.52
Book Value
$41.74 per share
Price / Book
1.48

Miscellaneous

Outstanding Shares
275,500,000
Free Float
273,162,000
Market Cap
$16.98 billion
Optionable
Optionable
Beta
0.53

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This page (NYSE:OVV) was last updated on 7/30/2026 by MarketBeat.com Staff.
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