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OVV Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
55.850
Open
55.150
VWAP
55.20
Vol
4.86M
Mkt Cap
15.56B
Low
54.810
Amount
268.36M
EV/EBITDA(TTM)
5.01
Total Shares
283.34M
EV
20.52B
EV/OCF(TTM)
5.62
P/S(TTM)
1.63
Ovintiv Inc. is an oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of assets located in the United States and Canada. Its operations include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA operations and Canadian Operations. USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada. Its assets include Anadarko Basin, Montney, and Permian Basin. Anadarko is a liquids-rich play located in west-central Oklahoma in Blaine, Canadian, Custer, Dewey, Garvin, Grady, Kingfisher, McClain and Stephens counties. Montney is a condensate and natural gas play located in northwest Alberta and northeast British Columbia.
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Events Timeline

(ET)
2026-02-23
17:20:00
Company Reports Q4 Net Earnings of $946 Million
select

News

Benzinga
4.5
03-09Benzinga
U.S. Stock Futures Plunge Amid Rising Energy Costs
  • Surge in Energy Prices: Brent crude oil prices spiked 14.90% to $106.50 per barrel, while WTI rose 13.27% to $102.96, both nearing their 52-week highs, triggering market panic and negatively impacting stock futures.
  • Poor Market Performance: The Dow Jones fell 1.61%, the S&P 500 dropped 1.41%, and the Nasdaq 100 decreased by 1.56%, reflecting investor concerns about economic prospects, particularly amid escalating conflicts in the Middle East.
  • Disappointing Economic Data: The U.S. economy lost 92,000 jobs in February, with the unemployment rate rising to 4.4%, indicating a risk of “stagflation” that exacerbates market uncertainty and fragility.
  • Fed Policy Expectations: The CME Group's FedWatch tool indicates a 97.3% likelihood that the Federal Reserve will keep interest rates unchanged in March, reflecting investor worries about slowing economic growth.
seekingalpha
6.0
02-25seekingalpha
Ovintiv Receives Overweight Rating from J.P. Morgan
  • Rating Upgrade: Ovintiv received an Overweight rating and a $58 price target from J.P. Morgan, despite a 2% drop in shares on Wednesday, indicating market skepticism about its discounted valuation compared to peers.
  • Portfolio Transformation: The analyst highlighted that Ovintiv has prudently completed a significant portfolio transformation without sacrificing balance sheet strength, adding approximately 1,880 locations in Montney and 1,350 in the Permian Basin, thereby enhancing its competitive edge in core assets.
  • Debt Reduction Plan: Following the recent $3 billion sale of its Anadarko Basin assets, Ovintiv expects to reduce its net debt from $5.2 billion to $3.6 billion, below its $4 billion debt target, which will support future financial flexibility.
  • Shareholder Return Framework: The company announced plans to return at least 75% of free cash flow to shareholders by 2026 while continuing to return 50%-100% of FCF over the long term, demonstrating a strong commitment to shareholder interests.
moomoo
6.0
02-25moomoo
OVINTIV INC: UBS Increases Price Target to $61, Up from $58
  • Company Update: Ovin Tivin Inc. has raised its price target for UBS.
  • New Price Target: The new price target is set at $61, an increase from the previous target of $58.
seekingalpha
9.5
02-24seekingalpha
Ovintiv Completes Strategic Transformation and Shareholder Return Plan
  • Strategic Transformation Completed: Ovintiv has finalized the acquisition of NuVista and the sale of Anadarko assets, reshaping its high-quality portfolio in North America's Permian and Montney regions, thereby enhancing the company's market competitiveness and financial stability.
  • Shareholder Return Framework: The company plans to return at least 75% of its free cash flow to shareholders in 2026 and has initiated a $3 billion share buyback program, aimed at increasing shareholder value and addressing investor expectations for capital returns.
  • Strong Financial Performance: In 2025, Ovintiv reported cash flow of $3.8 billion and free cash flow exceeding $1.6 billion, with over $600 million returned directly to shareholders, showcasing the company's excellence in financial management and profitability.
  • Optimistic Future Outlook: Ovintiv expects to achieve oil and condensate production of 209,000 barrels per day and natural gas production exceeding 2 Bcf per day in 2026, with a planned capital investment of $2.3 billion to support ongoing production growth and capital efficiency.
seekingalpha
8.0
02-24seekingalpha
Ovintiv Declares $0.30 Quarterly Dividend, Consistent with Previous Payouts
  • Quarterly Dividend Announcement: Ovintiv has declared a quarterly dividend of $0.30 per share, consistent with previous payouts, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
  • Dividend Yield: The forward yield of 2.36% reflects the company's attractiveness in the current market environment, potentially drawing in more investors seeking stable income.
  • Payment Schedule: The dividend will be payable on March 31, with a record date of March 13 and an ex-dividend date also set for March 13, ensuring shareholders receive their returns promptly.
  • Market Reaction Expectations: As the company continues to pursue promising M&A deals in the Permian Basin, investor optimism regarding Ovintiv's future growth potential may further drive stock price appreciation.
seekingalpha
9.5
02-24seekingalpha
Ovintiv Reports Strong Q4 Financial Performance
  • Cash Flow Performance: Ovintiv generated $954 million in cash from operating activities in Q4, with Non-GAAP Cash Flow reaching $973 million and Non-GAAP Free Cash Flow at $508 million, indicating robust financial health that supports future investments and shareholder returns.
  • Stable Production Volumes: The company reported average quarterly production volumes of 623 MBOE/d, including 209 Mbbls/d of oil and condensate, 97 Mbbls/d of other NGLs, and 1,905 MMcf/d of natural gas, ensuring a steady revenue stream and enhancing market competitiveness.
  • 2026 Outlook: Ovintiv announced a capital program for 2026 of approximately $2.25 to $2.35 billion, expecting total production volumes of 620 to 645 MBOE/d, with oil and condensate volumes of 205 to 212 Mbbls/d, reflecting confidence in future growth and strategic planning.
  • Shareholder Return Framework: The newly introduced shareholder return framework will increase 2026 shareholder returns to at least 75% of full year Non-GAAP Free Cash Flow through a combination of base dividends and share buybacks, with buybacks expected to commence immediately, further enhancing shareholder value.
Wall Street analysts forecast OVV stock price to rise
17 Analyst Rating
Wall Street analysts forecast OVV stock price to rise
13 Buy
4 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
42.00
Averages
51.00
High
56.00
Current: 0.000
sliders
Low
42.00
Averages
51.00
High
56.00
Goldman Sachs
NULL -> Buy
upgrade
$49 -> $62
AI Analysis
2026-03-11
New
Reason
Goldman Sachs
Price Target
$49 -> $62
AI Analysis
2026-03-11
New
upgrade
NULL -> Buy
Reason
Goldman Sachs raised the firm's price target on Ovintiv to $62 from $49 and keeps a Buy rating on the shares.
UBS
Josh Silverstein
Buy
maintain
$61 -> $69
2026-03-05
Reason
UBS
Josh Silverstein
Price Target
$61 -> $69
2026-03-05
maintain
Buy
Reason
UBS analyst Josh Silverstein raised the firm's price target on Ovintiv to $69 from $61 and keeps a Buy rating on the shares. Energy is viewed as offering attractive risk/reward, with the higher price target reflecting a $10/bbl increase in 2026 oil price assumptions to $68 WTI and $72 Brent and a modest valuation multiple expansion due to geopolitical risk, the analyst tells investors in a research note. Markets appear to underprice prolonged Middle East conflict and potential Qatar gas supply disruptions, which could lift oil and natural gas prices and drive the strongest free cash flow upside for companies producing both oil and gas, the firm says.
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Valuation Metrics

The current forward P/E ratio for Ovintiv Inc (OVV.N) is 8.33, compared to its 5-year average forward P/E of 6.45. For a more detailed relative valuation and DCF analysis to assess Ovintiv Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
6.45
Current PE
8.33
Overvalued PE
8.29
Undervalued PE
4.62

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
3.87
Current EV/EBITDA
3.98
Overvalued EV/EBITDA
4.28
Undervalued EV/EBITDA
3.46

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.15
Current PS
1.34
Overvalued PS
1.34
Undervalued PS
0.96

Financials

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Whales Holding OVV

S
Sourcerock Group LLC
Holding
OVV
+35.59%
3M Return
Y
Yaupon Capital Management LP
Holding
OVV
+16.56%
3M Return
M
Merewether Investment Management LP
Holding
OVV
+14.30%
3M Return
P
Pacific Heights Asset Management, LLC
Holding
OVV
+12.45%
3M Return
A
Aventail Capital Group, LP
Holding
OVV
+12.36%
3M Return
H
Hite Hedge Asset Management LLC
Holding
OVV
+11.28%
3M Return

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Frequently Asked Questions

What is Ovintiv Inc (OVV) stock price today?

The current price of OVV is 54.93 USD — it has decreased -0.24

What is Ovintiv Inc (OVV)'s business?

Ovintiv Inc. is an oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of assets located in the United States and Canada. Its operations include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA operations and Canadian Operations. USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada. Its assets include Anadarko Basin, Montney, and Permian Basin. Anadarko is a liquids-rich play located in west-central Oklahoma in Blaine, Canadian, Custer, Dewey, Garvin, Grady, Kingfisher, McClain and Stephens counties. Montney is a condensate and natural gas play located in northwest Alberta and northeast British Columbia.

What is the price predicton of OVV Stock?

Wall Street analysts forecast OVV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OVV is51.00 USD with a low forecast of 42.00 USD and a high forecast of 56.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Ovintiv Inc (OVV)'s revenue for the last quarter?

Ovintiv Inc revenue for the last quarter amounts to 2.07B USD, decreased -5.99

What is Ovintiv Inc (OVV)'s earnings per share (EPS) for the last quarter?

Ovintiv Inc. EPS for the last quarter amounts to 3.69 USD, decreased -1704.35

How many employees does Ovintiv Inc (OVV). have?

Ovintiv Inc (OVV) has 1465 emplpoyees as of March 13 2026.

What is Ovintiv Inc (OVV) market cap?

Today OVV has the market capitalization of 15.56B USD.