Ovintiv (OVV) Stock Price, News & Analysis

Company Overview

Ovintiv Inc. is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the province of Alberta. Ovintiv's primary focus is on the scalable and repeatable condensate-rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin.

Key Stats

• Today's Range: C$86.90 to C$88.14
• 50-Day Range: C$73.98 to C$89.01
• 52-Week Range: C$50.13 to C$90.93
• Volume: 104,159 shs
• Average Volume: 276,581 shs
• Market Capitalization: C$24.18 billion
• P/E Ratio: 24.42
• Dividend Yield: 1.37%
• Price Target: C$75.00
• Consensus Rating: Strong Buy

Ovintiv Stock Analysis - MarketRank™

Ovintiv scored higher than 52% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Ovintiv has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 7 strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Downside Risk

Ovintiv has a consensus price target of C$75.00, representing about 14.6% downside from its current price of C$87.85.

Amount of Analyst Coverage

Ovintiv has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ovintiv is 24.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ovintiv is 24.54, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 20.14.

Price to Earnings Growth Ratio

Ovintiv has a PEG Ratio of 0.05. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Ovintiv has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for OVV.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Ovintiv pays a meaningful dividend of 1.91%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ovintiv does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ovintiv is 33.52%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.90

News Sentiment

Ovintiv has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Ovintiv this week, compared to 5 articles on an average week.

Search Interest

7 people have searched for OVV on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ovintiv insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.49% of the stock of Ovintiv is held by insiders.

Percentage Held by Institutions

76.23% of the stock of Ovintiv is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 11/07/2024
• Ex-Dividend for 6/30 Dividend: 6/15/2026
• Record date for 6/30 Dividend: 6/30/2026
• Dividend Payable: 6/30/2026
• Today: 8/14/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: TSE:OVV
• CIK: N/A
• Web: www.ovintiv.com
• Phone: 303-623-2300
• Fax: N/A
• Employees: 1,740
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ovintiv: C$75.00
• High Price Target: C$80.00
• Low Price Target: C$70.00
• Potential Upside/Downside: -14.2%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): C$3.58
• Trailing P/E Ratio: 24.42
• Forward P/E Ratio: 15.45
• P/E Growth: 0.05
• Net Income: C$1.39 billion
• Net Margins: 9.51%
• Pretax Margin: N/A
• Return on Equity: 8.29%
• Return on Assets: 8.59%

Debt

• Debt-to-Equity Ratio: 43.73
• Current Ratio: 1.01
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: C$9.76 billion
• Price / Sales: 2.48
• Cash Flow: C$0.09 per share
• Price / Cash Flow: 921.25
• Book Value: C$41.07 per share
• Price / Book: 2.13

Miscellaneous

• Outstanding Shares: 276,600,000
• Free Float: N/A
• Market Cap: C$24.18 billion
• Optionable: Not Optionable
• Beta: 0.36