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NYSE:OVV

Ovintiv Stock Forecast, Price & News

$9.20
+0.08 (+0.88 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$8.76
Now: $9.20
$9.32
50-Day Range
$7.40
MA: $9.09
$10.19
52-Week Range
$2.10
Now: $9.20
$25.00
Volume4.89 million shs
Average Volume7.20 million shs
Market Capitalization$2.39 billion
P/E RatioN/A
Dividend Yield4.17%
Beta4.09
Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. 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 Eagle Ford in south Texas, Bakken in North Dakota, and Uinta in central Utah; and Duvernay in west central Alberta, Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke in offshore Nova Scotia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. is based in Denver, Colorado.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.36 out of 5 stars

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone303-623-2300
Employees2,571

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.73 billion
Cash Flow$10.95 per share
Book Value$38.22 per share

Profitability

Net Income$234 million

Miscellaneous

Market Cap$2.39 billion
Next Earnings Date2/17/2021 (Estimated)
OptionableOptionable
$9.20
+0.08 (+0.88 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ovintiv (NYSE:OVV) Frequently Asked Questions

How has Ovintiv's stock been impacted by Coronavirus (COVID-19)?

Ovintiv's stock was trading at $2.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OVV stock has increased by 217.2% and is now trading at $9.20.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Ovintiv?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last year. There are currently 2 sell ratings, 14 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Ovintiv
.

When is Ovintiv's next earnings date?

Ovintiv is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Ovintiv
.

How were Ovintiv's earnings last quarter?

Ovintiv Inc. (NYSE:OVV) released its quarterly earnings data on Tuesday, July, 28th. The company reported ($0.43) EPS for the quarter, missing the Zacks' consensus estimate of ($0.41) by $0.02. The company earned $726 million during the quarter, compared to the consensus estimate of $1.28 billion. Ovintiv had a negative net margin of 56.12% and a positive return on equity of 3.58%.
View Ovintiv's earnings history
.

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

Ovintiv declared a quarterly dividend on Wednesday, October 28th. Shareholders of record on Tuesday, December 15th will be given a dividend of $0.094 per share on Thursday, December 31st. This represents a $0.38 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date of this dividend is Monday, December 14th.
View Ovintiv's dividend history
.

What price target have analysts set for OVV?

21 analysts have issued twelve-month price objectives for Ovintiv's stock. Their forecasts range from $2.25 to $25.00. On average, they expect Ovintiv's share price to reach $12.26 in the next twelve months. This suggests a possible upside of 33.3% from the stock's current price.
View analysts' price targets for Ovintiv
.

Who are some of Ovintiv's key competitors?

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), The Walt Disney (DIS) and Norwegian Cruise Line (NCLH).

Who are Ovintiv's key executives?

Ovintiv's management team includes the following people:
  • Mr. Douglas James Suttles, Pres, CEO & Director (Age 59, Pay $2.8M)
  • Mr. Corey Douglas Code, Exec. VP & CFO (Age 46, Pay $697.08k)
  • Ms. Renee E. Zemljak, Exec. VP of Midstream, Marketing & Fundamentals (Age 55, Pay $963.2k)
  • Mr. Gregory Dean Givens, Exec. VP & COO (Age 46)
  • Mr. Stephen Carter Campbell, Sr. VP of Investor Relations (Age 51)
  • Ms. Joanne Linette Alexander, Exec. VP, Gen. Counsel & Corp. Sec. (Age 53)
  • Simon Scott, Vice-Pres of Communications
  • Mr. Brendan Michael McCracken, Exec. VP of Corp. Devel. & External Affairs (Age 44)
  • Ms. Rachel Maureen Moore, Exec. VP of Corp. Services

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 a variety of retail and institutional investors. Top institutional investors include Toronto Dominion Bank (0.23%), State of New Jersey Common Pension Fund D (0.08%), Alberta Investment Management Corp (0.06%), Foundation Resource Management Inc. (0.05%), WINTON GROUP Ltd (0.04%) and Pratt Collard Advisory Partners LLC (0.02%). Company insiders that own Ovintiv stock include Brendan Michael Mccracken, Bruce Gordon Waterman, David Glen Hill, Douglas James Suttles, Fred J Fowler, Howard John Mayson, Michael Gerard Mcallister, Michael Williams, Rachel Maureen Moore and Thomas G Ricks.
View institutional ownership trends for Ovintiv
.

Which institutional investors are selling Ovintiv stock?

OVV stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Pratt Collard Advisory Partners LLC, and Foundation Resource Management Inc..
View insider buying and selling activity for Ovintiv
.

Which institutional investors are buying Ovintiv stock?

OVV stock was acquired by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Alberta Investment Management Corp, WINTON GROUP Ltd, JCIC Asset Management Inc., Nisa Investment Advisors LLC, DekaBank Deutsche Girozentrale, Envestnet Asset Management Inc., and Wedge Capital Management L L P NC. Company insiders that have bought Ovintiv stock in the last two years include Brendan Michael Mccracken, Bruce Gordon Waterman, David Glen Hill, Douglas James Suttles, Fred J Fowler, Howard John Mayson, Michael Gerard Mcallister, Michael Williams, Rachel Maureen Moore, and Thomas G Ricks.
View insider buying and selling activity for Ovintiv
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Ovintiv's stock price today?

One share of OVV stock can currently be purchased for approximately $9.20.

How big of a company is Ovintiv?

Ovintiv has a market capitalization of $2.39 billion and generates $6.73 billion in revenue each year. The company earns $234 million in net income (profit) each year or $3.29 on an earnings per share basis. Ovintiv employs 2,571 workers across the globe.

What is Ovintiv's official website?

The official website for Ovintiv is www.ovintiv.com.

How can I contact Ovintiv?

Ovintiv's mailing address is 370 - 17TH STREET SUITE 1700, DENVER CO, 80202. The company can be reached via phone at 303-623-2300 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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