Ovintiv Stock Forecast, Price & News

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.
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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."
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Ovintiv is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
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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.

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.

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.

Some companies that are related to Ovintiv include Occidental Petroleum (OXY), (DEN) (DEN), Concho Resources (CXO), Toray Industries (TRYIY), Cabot Oil & Gas (COG), GALP ENERGIA SG/ADR (GLPEY), Continental Resources (CLR), Parsley Energy (PE), Diamondback Energy (FANG), Noble Energy (NBL), Noble Energy (NBL), Cenovus Energy (CVE), EQT (EQT), Devon Energy (DVN) and Sasol (SSL).
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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).

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

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.

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.

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.

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.

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

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.

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

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]