S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
66,000% upside on tiny biotech? (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
66,000% upside on tiny biotech? (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
66,000% upside on tiny biotech? (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
66,000% upside on tiny biotech? (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
66,000% upside on tiny biotech? (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
66,000% upside on tiny biotech? (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
66,000% upside on tiny biotech? (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
66,000% upside on tiny biotech? (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
66,000% upside on tiny biotech? (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
66,000% upside on tiny biotech? (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
66,000% upside on tiny biotech? (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
66,000% upside on tiny biotech? (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
NYSE:OVV

Ovintiv (OVV) Stock Forecast, Price & News

$45.81
+0.03 (+0.07%)
(As of 10/3/2023 ET)
Compare
Today's Range
$44.80
$45.85
50-Day Range
$42.95
$49.20
52-Week Range
$32.07
$59.10
Volume
2.25 million shs
Average Volume
3.55 million shs
Market Capitalization
$12.55 billion
P/E Ratio
3.46
Dividend Yield
2.62%
Price Target
$57.42

Ovintiv MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
25.3% Upside
$57.42 Price Target
Short Interest
Healthy
5.30% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.72
Upright™ Environmental Score
News Sentiment
1.15mentions of Ovintiv in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$58,429 Sold Last Quarter
Proj. Earnings Growth
30.78%
From $6.27 to $8.20 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.45 out of 5 stars

Oils/Energy Sector

1st out of 239 stocks

Crude Petroleum & Natural Gas Industry

1st out of 78 stocks


OVV stock logo

About Ovintiv (NYSE:OVV) Stock

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

OVV Price History

OVV Stock News Headlines

Ovintiv (NYSE:OVV) PT Raised to $47.00 at Morgan Stanley
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Ovintiv (NYSE:OVV) Shares Gap Up Following Analyst Upgrade
What's Driving Ovintiv Inc's Surprising 34% Stock Rally?
Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
Ovintiv (OVV) Gets a Hold from Wells Fargo
Ovintiv Insider Trades Send a Signal
Closing Bell: Ovintiv Inc up on Monday (OVV)
Closing Bell: Ovintiv Inc up on Friday (OVV)
Ovintiv (OVV) Receives a Buy from Siebert Williams Shank & Co
Earnings Preview For Ovintiv
See More Headlines
Receive OVV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ovintiv and its competitors with MarketBeat's FREE daily newsletter.

OVV Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Today
10/04/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
1,744
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$57.42
High Stock Price Forecast
$79.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+25.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
16 Analysts

Profitability

Net Income
$3.64 billion
Pretax Margin
29.03%

Debt

Sales & Book Value

Annual Sales
$12.46 billion
Cash Flow
$11.28 per share
Book Value
$31.29 per share

Miscellaneous

Free Float
271,368,000
Market Cap
$12.55 billion
Optionable
Optionable
Beta
2.76
(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Brendan Michael McCracken (Age 47)
    Pres, CEO & Director
    Comp: $2.92M
  • Mr. Corey Douglas Code (Age 49)
    Exec. VP & CFO
    Comp: $1.14M
  • Mr. Gregory Dean Givens (Age 50)
    Exec. VP & COO
    Comp: $1.39M
  • Ms. Renee E. ZemljakMs. Renee E. Zemljak (Age 58)
    Exec. VP of Midstream, Marketing & Fundamentals
    Comp: $1.05M
  • Ms. Rachel Maureen Moore CHRPMs. Rachel Maureen Moore CHRP (Age 51)
    Exec. VP of Corp. Services
    Comp: $809.56k
  • Mr. Stephen Carter Campbell (Age 54)
    Sr. VP of Investor Relations
  • Ms. Meghan Nicole Eilers (Age 41)
    Exec. VP, Gen. Counsel & Corp. Sec.













OVV Stock - Frequently Asked Questions

Should I buy or sell Ovintiv stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last twelve months. There are currently 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OVV shares.
View OVV analyst ratings
or view top-rated stocks.

What is Ovintiv's stock price forecast for 2023?

16 brokers have issued 1 year target prices for Ovintiv's stock. Their OVV share price forecasts range from $39.00 to $79.00. On average, they anticipate the company's share price to reach $57.42 in the next year. This suggests a possible upside of 25.3% from the stock's current price.
View analysts price targets for OVV
or view top-rated stocks among Wall Street analysts.

How have OVV shares performed in 2023?

Ovintiv's stock was trading at $50.71 on January 1st, 2023. Since then, OVV shares have decreased by 9.7% and is now trading at $45.81.
View the best growth stocks for 2023 here
.

When is Ovintiv's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our OVV earnings forecast
.

How were Ovintiv's earnings last quarter?

Ovintiv Inc. (NYSE:OVV) released its quarterly earnings data on Thursday, July, 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm earned $2.52 billion during the quarter, compared to analyst estimates of $2.11 billion. Ovintiv had a net margin of 28.27% and a trailing twelve-month return on equity of 16.27%.

How often does Ovintiv pay dividends? What is the dividend yield for Ovintiv?

Ovintiv declared a quarterly dividend on Thursday, July 27th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.30 per share on Friday, September 29th. This represents a $1.20 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for OVV
.

Is Ovintiv a good dividend stock?

Ovintiv (NYSE:OVV) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.52%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OVV will have a dividend payout ratio of 14.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OVV.

What other stocks do shareholders of Ovintiv own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ovintiv investors own include Johnson & Johnson (JNJ), Exxon Mobil (XOM), American Airlines Group (AAL), General Electric (GE), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Delta Air Lines (DAL), Walt Disney (DIS) and

What is Ovintiv's stock symbol?

Ovintiv trades on the New York Stock Exchange (NYSE) under the ticker symbol "OVV."

How do I buy shares of Ovintiv?

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

What is Ovintiv's stock price today?

One share of OVV stock can currently be purchased for approximately $45.81.

How much money does Ovintiv make?

Ovintiv (NYSE:OVV) has a market capitalization of $12.55 billion and generates $12.46 billion in revenue each year. The company earns $3.64 billion in net income (profit) each year or $13.24 on an earnings per share basis.

How many employees does Ovintiv have?

The company employs 1,744 workers across the globe.

How can I contact Ovintiv?

Ovintiv's mailing address is 370 - 17TH STREET SUITE 1700, DENVER CO, 80202. The official website for the company is www.ovintiv.com. The company can be reached via phone at 303-623-2300, via email at investor.relations@ovintiv.com, or via fax at 303-623-2400.

This page (NYSE:OVV) was last updated on 10/4/2023 by MarketBeat.com Staff

My Account -