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How major US stock indexes fared Friday, 9/22/2023
MarketBeat Week in Review – 9/18 - 9/22
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
KB Home Price Weakness is a Signal to Buy this Cash Machine
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Things to know about California's new proposed rules for insurance companies
Analysts Went All In On These Computer Stocks, Save Your Spot
His system isolated NVIDIA - Here's His Next Buy. (Ad)
How major US stock indexes fared Friday, 9/22/2023
MarketBeat Week in Review – 9/18 - 9/22
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
KB Home Price Weakness is a Signal to Buy this Cash Machine
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Things to know about California's new proposed rules for insurance companies
Analysts Went All In On These Computer Stocks, Save Your Spot
His system isolated NVIDIA - Here's His Next Buy. (Ad)
How major US stock indexes fared Friday, 9/22/2023
MarketBeat Week in Review – 9/18 - 9/22
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
His system isolated NVIDIA - Here's His Next Buy. (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
KB Home Price Weakness is a Signal to Buy this Cash Machine
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Things to know about California's new proposed rules for insurance companies
Analysts Went All In On These Computer Stocks, Save Your Spot
His system isolated NVIDIA - Here's His Next Buy. (Ad)
How major US stock indexes fared Friday, 9/22/2023
MarketBeat Week in Review – 9/18 - 9/22
NYSE:OVV

Ovintiv (OVV) Stock Forecast, Price & News

$45.20
+0.01 (+0.02%)
(As of 09/22/2023 ET)
Compare
Today's Range
$45.07
$46.18
50-Day Range
$39.32
$48.98
52-Week Range
$32.07
$59.10
Volume
4.29 million shs
Average Volume
3.46 million shs
Market Capitalization
$12.38 billion
P/E Ratio
3.41
Dividend Yield
2.65%
Price Target
$56.89

Ovintiv MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
25.9% Upside
$56.89 Price Target
Short Interest
Healthy
5.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.77
Upright™ Environmental Score
News Sentiment
1.14mentions of Ovintiv in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$58,429 Sold Last Quarter
Proj. Earnings Growth
29.58%
From $6.12 to $7.93 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

3rd out of 233 stocks

Crude Petroleum & Natural Gas Industry

3rd out of 77 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) Given New $67.00 Price Target at Mizuho
2,164% from AI stock in a... month?
That's the potential of Multi-millionaire trader Nate Bear's new strategy he calls "One Ticker Payouts". It involves one ticker...one trade...every week. How is this possible?  Click here to see all the details and proof for yourself (the next One Ticker Payout is this upcoming MONDAY)>>
Ovintiv (OVV) Gets a Hold from Wells Fargo
2,164% from AI stock in a... month?
That's the potential of Multi-millionaire trader Nate Bear's new strategy he calls "One Ticker Payouts". It involves one ticker...one trade...every week. How is this possible?  Click here to see all the details and proof for yourself (the next One Ticker Payout is this upcoming MONDAY)>>
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
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OVV Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2023
Dividend Payable
6/30/2023
Last Earnings
7/27/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Today
9/23/2023
Dividend Payable
9/29/2023
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
$56.89
High Stock Price Forecast
$79.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+25.9%
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
$11.74 per share
Book Value
$31.29 per share

Miscellaneous

Free Float
269,204,000
Market Cap
$12.38 billion
Optionable
Optionable
Beta
2.81
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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 analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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 Wall Street analysts have issued 12 month target prices for Ovintiv's shares. Their OVV share price forecasts range from $39.00 to $79.00. On average, they predict the company's share price to reach $56.89 in the next year. This suggests a possible upside of 25.9% 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 10.9% and is now trading at $45.20.
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) posted its earnings results on Thursday, July, 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.02. The company earned $2.52 billion during the quarter, compared to analysts' expectations of $2.11 billion. Ovintiv had a trailing twelve-month return on equity of 16.27% and a net margin of 28.27%.

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

Ovintiv declared a quarterly dividend on Thursday, July 27th. Stockholders 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 annualized dividend and a dividend yield of 2.65%. The ex-dividend date 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 2.66%. 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 15.13% 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."

Who are Ovintiv's major shareholders?

Ovintiv's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.77%), EnCap Energy Capital Fund XI L.P. (5.37%), EnCap Energy Capital Fund X L.P. (3.65%), State Street Corp (3.56%), EnCap Energy Capital Fund IX L.P. (2.58%) and Hotchkis & Wiley Capital Management LLC (2.25%). Insiders that own company stock include Douglas James Suttles, Howard John Mayson, Joanne Linette Alexander, Katherine Lucas Minyard, Rachel Maureen Moore, Renee Ellen Zemljak, Steven W Nance and Thomas G Ricks.
View institutional ownership trends
.

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 $45.20.

How much money does Ovintiv make?

Ovintiv (NYSE:OVV) has a market capitalization of $12.38 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 9/23/2023 by MarketBeat.com Staff

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