S&P 500   4,535.28 (+0.35%)
DOW   35,616.65 (+0.45%)
QQQ   374.75 (-0.19%)
AAPL   148.67 (-0.06%)
MSFT   307.10 (-0.37%)
FB   340.84 (+0.25%)
GOOGL   2,841.09 (-0.83%)
TSLA   866.97 (+0.31%)
AMZN   3,417.50 (-0.77%)
NVDA   221.02 (-0.84%)
BABA   177.18 (+0.10%)
NIO   39.67 (-0.90%)
CGC   14.17 (-1.19%)
GE   104.97 (+0.23%)
AMD   116.14 (-0.16%)
MU   68.22 (+0.96%)
T   25.95 (+1.41%)
F   15.97 (+3.57%)
ACB   7.55 (+1.34%)
DIS   170.35 (-0.48%)
PFE   42.87 (+1.85%)
BA   217.20 (+0.57%)
AMC   40.86 (+0.15%)
S&P 500   4,535.28 (+0.35%)
DOW   35,616.65 (+0.45%)
QQQ   374.75 (-0.19%)
AAPL   148.67 (-0.06%)
MSFT   307.10 (-0.37%)
FB   340.84 (+0.25%)
GOOGL   2,841.09 (-0.83%)
TSLA   866.97 (+0.31%)
AMZN   3,417.50 (-0.77%)
NVDA   221.02 (-0.84%)
BABA   177.18 (+0.10%)
NIO   39.67 (-0.90%)
CGC   14.17 (-1.19%)
GE   104.97 (+0.23%)
AMD   116.14 (-0.16%)
MU   68.22 (+0.96%)
T   25.95 (+1.41%)
F   15.97 (+3.57%)
ACB   7.55 (+1.34%)
DIS   170.35 (-0.48%)
PFE   42.87 (+1.85%)
BA   217.20 (+0.57%)
AMC   40.86 (+0.15%)
S&P 500   4,535.28 (+0.35%)
DOW   35,616.65 (+0.45%)
QQQ   374.75 (-0.19%)
AAPL   148.67 (-0.06%)
MSFT   307.10 (-0.37%)
FB   340.84 (+0.25%)
GOOGL   2,841.09 (-0.83%)
TSLA   866.97 (+0.31%)
AMZN   3,417.50 (-0.77%)
NVDA   221.02 (-0.84%)
BABA   177.18 (+0.10%)
NIO   39.67 (-0.90%)
CGC   14.17 (-1.19%)
GE   104.97 (+0.23%)
AMD   116.14 (-0.16%)
MU   68.22 (+0.96%)
T   25.95 (+1.41%)
F   15.97 (+3.57%)
ACB   7.55 (+1.34%)
DIS   170.35 (-0.48%)
PFE   42.87 (+1.85%)
BA   217.20 (+0.57%)
AMC   40.86 (+0.15%)
S&P 500   4,535.28 (+0.35%)
DOW   35,616.65 (+0.45%)
QQQ   374.75 (-0.19%)
AAPL   148.67 (-0.06%)
MSFT   307.10 (-0.37%)
FB   340.84 (+0.25%)
GOOGL   2,841.09 (-0.83%)
TSLA   866.97 (+0.31%)
AMZN   3,417.50 (-0.77%)
NVDA   221.02 (-0.84%)
BABA   177.18 (+0.10%)
NIO   39.67 (-0.90%)
CGC   14.17 (-1.19%)
GE   104.97 (+0.23%)
AMD   116.14 (-0.16%)
MU   68.22 (+0.96%)
T   25.95 (+1.41%)
F   15.97 (+3.57%)
ACB   7.55 (+1.34%)
DIS   170.35 (-0.48%)
PFE   42.87 (+1.85%)
BA   217.20 (+0.57%)
AMC   40.86 (+0.15%)
NYSE:OVV

Ovintiv Stock Forecast, Price & News

$39.86
+0.59 (+1.50 %)
(As of 10/20/2021 02:22 PM ET)
Add
Compare
Today's Range
$38.55
$39.86
50-Day Range
$22.64
$39.47
52-Week Range
$7.93
$40.65
Volume44,802 shs
Average Volume2.96 million shs
Market Capitalization$10.41 billion
P/E RatioN/A
Dividend Yield1.42%
Beta3.92
30 days | 90 days | 365 days | Advanced Chart
Receive OVV 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.


Ovintiv logo

About Ovintiv

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 Eagle Ford in south Texas, Bakken in North Dakota, and Uinta in central Utah; and Duvernay in west central Alberta, 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.

Headlines

Ovintiv Inc. (OVV): Hedge Funds Are Snapping Up
October 12, 2021 |  finance.yahoo.com
Ovintiv (NYSE:OVV) Sets New 12-Month High at $39.56
October 11, 2021 |  americanbankingnews.com
Ovintiv (NYSE:OVV) PT Raised to $50.00
October 7, 2021 |  americanbankingnews.com
Ovintiv (NYSE:OVV) PT Raised to $50.00 at Truist
October 7, 2021 |  americanbankingnews.com
Morgan Stanley Increases Ovintiv (NYSE:OVV) Price Target to $54.00
October 6, 2021 |  americanbankingnews.com
Ovintiv (NYSE:OVV) Reaches New 52-Week High at $34.63
October 4, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Phone
N/A
Employees
1,916
Year Founded
N/A

Sales & Book Value

Annual Sales
$6.09 billion
Cash Flow
$10.43 per share
Book Value
$14.77 per share

Profitability

Net Income
$-6.10 billion

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$10.41 billion
Next Earnings Date
11/2/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.66 out of 5 stars

Oils/Energy Sector

32nd out of 349 stocks

Crude Petroleum & Natural Gas Industry

15th out of 111 stocks

Analyst Opinion: 2.4Community Rank: 4.0Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Ovintiv (NYSE:OVV) Frequently Asked Questions

Is Ovintiv a buy right now?

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last twelve months. There are currently 4 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ovintiv stock.
View analyst ratings for Ovintiv
or view top-rated stocks.

What stocks does MarketBeat like better than Ovintiv?

Wall Street analysts have given Ovintiv a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ovintiv wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Ovintiv's next earnings date?

Ovintiv is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for Ovintiv
.

How can I listen to Ovintiv's earnings call?

Ovintiv will be holding an earnings conference call on Wednesday, November 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Ovintiv's earnings last quarter?

Ovintiv Inc. (NYSE:OVV) released its quarterly earnings data on Tuesday, July, 27th. The company reported $1.11 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.75 by $0.36. The business earned $1.69 billion during the quarter, compared to analysts' expectations of $1.81 billion. Ovintiv had a negative net margin of 32.51% and a positive trailing twelve-month return on equity of 18.65%.
View Ovintiv's earnings history
.

How has Ovintiv's stock price been impacted by Coronavirus?

Ovintiv's stock was trading at $2.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OVV shares have increased by 1,274.5% and is now trading at $39.86.
View which stocks have been most impacted by COVID-19
.

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

Ovintiv announced a quarterly dividend on Thursday, July 29th. Investors of record on Wednesday, September 15th will be paid a dividend of $0.14 per share on Thursday, September 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Tuesday, September 14th. This is a boost from Ovintiv's previous quarterly dividend of $0.09.
View Ovintiv's dividend history
.

Is Ovintiv a good dividend stock?

Ovintiv pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.42%. Ovintiv has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Ovintiv is 160.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Ovintiv will have a dividend payout ratio of 8.95% next year. This indicates that Ovintiv will be able to sustain or increase its dividend.
View Ovintiv's dividend history.

What price target have analysts set for OVV?

24 Wall Street analysts have issued 12 month target prices for Ovintiv's stock. Their forecasts range from $16.50 to $54.00. On average, they expect Ovintiv's share price to reach $34.63 in the next year. This suggests that the stock has a possible downside of 13.1%.
View analysts' price targets for Ovintiv
or view top-rated stocks among Wall Street analysts.

Who are Ovintiv's key executives?

Ovintiv's management team includes the following people:
  • Mr. Douglas James Suttles, CEO & Director (Age 60, Pay $2.68M)
  • Mr. Brendan Michael McCracken, Pres (Age 45, Pay $666.12k)
  • Mr. Corey Douglas Code, Exec. VP & CFO (Age 47, Pay $643.67k)
  • Mr. Gregory Dean Givens, Exec. VP & COO (Age 47, Pay $912.42k)
  • Ms. Renee E. Zemljak, Exec. VP of Midstream, Marketing & Fundamentals (Age 56, Pay $933.07k)
  • Mr. Stephen Carter Campbell, Sr. VP of Investor Relations (Age 52)
  • Ms. Joanne Linette Cox, Exec. VP, Gen. Counsel & Corp. Sec. (Age 54)
  • Ms. Rachel Maureen Moore, Exec. VP of Corp. Services (Age 49)

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 (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 investors include Foundation Resource Management Inc. (0.03%), Private Advisor Group LLC (0.03%), TrimTabs Asset Management LLC (0.01%), Wedbush Securities Inc. (0.00%), CAPROCK Group Inc. (0.00%) and Ellevest Inc. (0.00%). Company insiders that own Ovintiv stock include Brendan Michael Mccracken, 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 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 Foundation Resource Management Inc..
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 Private Advisor Group LLC, TrimTabs Asset Management LLC, Wedbush Securities Inc., Ellevest Inc., Private Capital Group LLC, Pacer Advisors Inc., Sphinx Trading LP, and CAPROCK Group Inc.. Company insiders that have bought Ovintiv stock in the last two years include Brendan Michael Mccracken, Bruce Gordon Waterman, Corey Douglas Code, David Glen Hill, Douglas James Suttles, Fred J Fowler, Howard John Mayson, Katherine Lucas Minyard, Margaret Anne Mckenzie, Michael Gerard Mcallister, Michael Williams, Rachel Maureen Moore, and Thomas G Ricks.
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 $39.86.

How much money does Ovintiv make?

Ovintiv has a market capitalization of $10.41 billion and generates $6.09 billion in revenue each year. The company earns $-6.10 billion in net income (profit) each year or $0.35 on an earnings per share basis.

How many employees does Ovintiv have?

Ovintiv employs 1,916 workers across the globe.

What is Ovintiv's official website?

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

Where are Ovintiv's headquarters?

Ovintiv is headquartered at 370 - 17TH STREET SUITE 1700, DENVER CO, 80202.

How can I contact Ovintiv?

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


This page was last updated on 10/20/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.