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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61

Ovintiv Stock Forecast, Price & News

$45.43
+2.53 (+5.90%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$43.09
$45.98
50-Day Range
$42.40
$61.96
52-Week Range
$21.92
$63.30
Volume
39.39 million shs
Average Volume
4.63 million shs
Market Capitalization
$11.73 billion
P/E Ratio
10.30
Dividend Yield
2.20%
Price Target
$64.33
30 days | 90 days | 365 days | Advanced Chart

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OVV Stock Forecast (MarketRank)

Overall MarketRank

3.09 out of 5 stars

Oils/Energy Sector

19th out of 374 stocks

Crude Petroleum & Natural Gas Industry

9th out of 121 stocks

Analyst Opinion: 4.4Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
Ovintiv logo

About Ovintiv (NYSE:OVV)

Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. 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 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 Stock News Headlines

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Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
1,713
Year Founded
N/A

Company Calendar

Ex-Dividend for 3/31 Dividend
3/14/2022
Dividend Payable
3/31/2022
Last Earnings
5/09/2022
Ex-Dividend for 6/30 Dividend
6/14/2022
Today
6/26/2022
Dividend Payable
6/30/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$64.33
High Stock Price Forecast
$115.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+41.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83333333333333
Research Coverage
17 Analysts

Profitability

Net Income
$1.42 billion
Pretax Margin
9.79%

Debt

Sales & Book Value

Annual Sales
$8.66 billion
Cash Flow
$9.67 per share
Book Value
$19.67 per share

Miscellaneous

Free Float
253,746,000
Market Cap
$11.73 billion
Optionable
Optionable
Beta
3.17














Ovintiv Frequently Asked Questions

Should I buy or sell Ovintiv stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last twelve months. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Ovintiv stock.
View analyst ratings for Ovintiv
or view top-rated stocks.

What is Ovintiv's stock price forecast for 2022?

17 Wall Street analysts have issued 1 year target prices for Ovintiv's stock. Their OVV stock forecasts range from $38.00 to $115.00. On average, they anticipate Ovintiv's stock price to reach $64.33 in the next year. This suggests a possible upside of 41.6% from the stock's current price.
View analysts' price targets for Ovintiv
or view top-rated stocks among Wall Street analysts.

How has Ovintiv's stock performed in 2022?

Ovintiv's stock was trading at $33.70 on January 1st, 2022. Since then, OVV shares have increased by 34.8% and is now trading at $45.43.
View the best growth stocks for 2022 here
.

When is Ovintiv's next earnings date?

Ovintiv is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Ovintiv
.

How were Ovintiv's earnings last quarter?

Ovintiv Inc. (NYSE:OVV) issued its quarterly earnings results on Monday, May, 9th. The company reported $2.17 earnings per share for the quarter, missing the consensus estimate of $2.54 by $0.37. The business earned $1.97 billion during the quarter, compared to analyst estimates of $2.42 billion. Ovintiv had a net margin of 9.86% and a trailing twelve-month return on equity of 60.01%.
View Ovintiv's earnings history
.

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

Ovintiv announced a quarterly dividend on Monday, May 9th. Investors of record on Wednesday, June 15th will be paid a dividend of $0.25 per share on Thursday, June 30th. This represents a $1.00 annualized dividend and a yield of 2.20%. The ex-dividend date is Tuesday, June 14th. This is a boost from Ovintiv's previous quarterly dividend of $0.20.
View Ovintiv's dividend history
.

Is Ovintiv a good dividend stock?

Ovintiv(NYSE:OVV) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.20%.
View Ovintiv's dividend history.

Who are Ovintiv's key executives?

Ovintiv's management team includes the following people:
  • Mr. Brendan Michael McCracken, Pres, CEO & Director (Age 46, Pay $2.6M)
  • Mr. Corey Douglas Code, Exec. VP & CFO (Age 48, Pay $1.02M)
  • Mr. Gregory Dean Givens, Exec. VP & COO (Age 49, Pay $1.33M)
  • Ms. Renee E. Zemljak, Exec. VP of Midstream, Marketing & Fundamentals (Age 57, Pay $1.24M)
  • Mr. Stephen Carter Campbell, Sr. VP of Investor Relations (Age 53)
  • Meghan Nicole Eilers, Exec. VP, Gen. Counsel & Corp. Sec.
  • Ms. Rachel Maureen Moore, Exec. VP of Corp. Services (Age 50) (LinkedIn Profile)
  • Jason Verhaest, VP of Investor Relations

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 (NCLH).

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.16%), State Street Corp (3.01%), Goldman Sachs Group Inc. (1.73%), Assenagon Asset Management S.A. (1.67%), Arrowstreet Capital Limited Partnership (1.53%) and Northern Trust Corp (1.25%). Company insiders that own Ovintiv stock include Brendan Michael Mccracken, Brian Gordon Shaw, Bruce Gordon Waterman, Corey Douglas Code, David Glen Hill, Douglas James Suttles, Fred J Fowler, Howard John Mayson, Joanne Linette Alexander, Katherine Lucas Minyard, Margaret Anne Mckenzie, Michael Gerard Mcallister, Michael Williams, Rachel Maureen Moore, Sheila Marie Dipalma, Steven W Nance and Thomas G Ricks.
View institutional ownership trends for Ovintiv
.

Which major investors are selling Ovintiv stock?

OVV stock was sold by a variety of institutional investors in the last quarter, including JB Investments Management LLC, Vanguard Group Inc., Alyeska Investment Group L.P., Ceredex Value Advisors LLC, Goldman Sachs Group Inc., Letko Brosseau & Associates Inc., Ruffer LLP, and Group One Trading L.P.. Company insiders that have sold Ovintiv company stock in the last two years include Howard John Mayson, Joanne Linette Alexander, Steven W Nance, and Thomas G Ricks.
View insider buying and selling activity for Ovintiv
or view top insider-selling stocks.

Which major investors are buying Ovintiv stock?

OVV stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Third Point LLC, Scout Investments Inc., Invesco Ltd., Artemis Investment Management LLP, Arrowstreet Capital Limited Partnership, American Century Companies Inc., and Contrarius Investment Management Ltd. Company insiders that have bought Ovintiv stock in the last two years include Douglas James Suttles, Katherine Lucas Minyard, and Rachel Maureen Moore.
View insider buying and selling activity for Ovintiv
or or view top insider-buying stocks.

How do I buy shares of Ovintiv?

Shares of OVV 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 $45.43.

How much money does Ovintiv make?

Ovintiv (NYSE:OVV) has a market capitalization of $11.73 billion and generates $8.66 billion in revenue each year.

How many employees does Ovintiv have?

Ovintiv employs 1,713 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 Ovintiv is www.ovintiv.com. The company can be reached via phone at 303-623-2300, via email at [email protected], or via fax at 303-623-2400.

This page (NYSE:OVV) was last updated on 6/26/2022 by MarketBeat.com Staff

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