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Zacks Research Comments on Ovintiv's Q1 Earnings (TSE:OVV)

Ovintiv logo with Energy background

Ovintiv Inc. (TSE:OVV - Free Report) - Research analysts at Zacks Research lifted their Q1 2025 EPS estimates for Ovintiv in a research note issued on Wednesday, April 16th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.72 per share for the quarter, up from their previous forecast of $1.59. The consensus estimate for Ovintiv's current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv's Q2 2025 earnings at $1.71 EPS, Q3 2025 earnings at $1.82 EPS, Q4 2025 earnings at $2.11 EPS, FY2025 earnings at $7.34 EPS, Q1 2026 earnings at $1.61 EPS and Q2 2026 earnings at $1.82 EPS.

OVV has been the topic of several other research reports. Scotiabank raised Ovintiv to a "strong-buy" rating in a report on Wednesday, March 19th. BMO Capital Markets upgraded Ovintiv from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 24th. Five research analysts have rated the stock with a strong buy rating, Based on data from MarketBeat, Ovintiv has a consensus rating of "Strong Buy".

Read Our Latest Research Report on Ovintiv

Ovintiv Price Performance

Shares of Ovintiv stock traded up C$0.38 during trading on Friday, reaching C$46.82. 120,527 shares of the company's stock were exchanged, compared to its average volume of 197,846. The firm's 50-day moving average price is C$55.84 and its 200 day moving average price is C$58.48. The company has a market cap of C$8.52 billion, a P/E ratio of 4.29, a PEG ratio of 0.05 and a beta of 2.63. The company has a debt-to-equity ratio of 63.59, a quick ratio of 0.51 and a current ratio of 0.52. Ovintiv has a 1-year low of C$42.35 and a 1-year high of C$73.22.

Ovintiv Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend was Friday, March 14th. Ovintiv's dividend payout ratio (DPR) is presently 14.85%.

Ovintiv Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Ovintiv (TSE:OVV)

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