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OVV Overview

-
$
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
59.910
Open
59.910
VWAP
58.46
Vol
6.99M
Mkt Cap
16.32B
Low
57.375
Amount
408.84M
EV/EBITDA(TTM)
5.28
Total Shares
281.02M
EV
21.63B
EV/OCF(TTM)
5.92
P/S(TTM)
1.75
Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on developing a multi-basin portfolio of assets located in the United States and Canada. Its operations include marketing of oil, natural gas liquids and natural gas. Its assets include Permian Basin and Montney. The Permian Basin is an oil play, located in oil deposits in the United States, located in west Texas primarily in Midland, Martin, Andrews, Howard, Glasscock, Ector and Upton counties. The Company develops the play using its cube development model and multi-frac techniques. The Montney is a liquids and natural gas play located in northwest Alberta and northeast British Columbia. The play includes properties that are in the Montney formation, which is an oil and gas deposit in North America. The formation is characterized by up to six stacked horizons spanning over 1,000 feet of stratigraphy and is being developed through horizontal drilling and completion operations.
Show More

Events Timeline

(ET)
2026-05-11
17:10:00
Ovintiv Reports Q1 Net Loss of $630 Million
select

News

seekingalpha
9.5
05-12seekingalpha
PinnedOvintiv Q1 2026 Earnings Call Insights
  • Financial Performance: Ovintiv reported a free cash flow of $634 million in Q1, with cash flow per share at $4.62, indicating strong financial performance post-NuVista asset integration, despite a $1.2 billion after-tax noncash impairment loss.
  • Debt Management: As of April 30, the company's net debt was reduced to $3.3 billion with a leverage ratio below 0.8x, and it expects to realize over $80 million in annual interest savings from debt repayments, enhancing financial stability.
  • Production Targets: The company achieved its target of 85,000 barrels per day in the first month post-acquisition and realized $1 million in per well savings, anticipating $100 million in annual cost synergies, which boosts operational efficiency.
  • Future Outlook: Management maintains its full-year production guidance of 205,000 to 212,000 barrels per day with capital spending expected around $575 million, demonstrating a stable capital allocation strategy amid rising oil prices.
seekingalpha
8.0
05-12seekingalpha
Ovintiv Declares Quarterly Dividend of $0.30 per Share
  • Quarterly Dividend Declaration: Ovintiv has declared a quarterly dividend of $0.30 per share, consistent with previous distributions, indicating the company's stability and commitment to shareholder returns in the current market environment.
  • Dividend Yield: The forward yield of 2.03% offers investors a relatively attractive return, reflecting effective cash flow management and the company's ability to sustain dividends amidst market fluctuations.
  • Shareholder Record Dates: The dividend is payable on June 30, with a record date of June 15 and an ex-dividend date also set for June 15, ensuring that shareholders can receive their earnings promptly.
  • Market Comparison Analysis: A comparative analysis between Ovintiv and Paramount Resources suggests that now is an opportune time to invest in Ovintiv, potentially offering investors higher return prospects compared to its competitor.
9.5
05-11PRnewswire
Ovintiv Reports Strong Q1 2026 Financial Results and Guidance
  • Strong Financial Performance: Ovintiv reported a non-GAAP free cash flow of $634 million in Q1 2026, reflecting a 63% increase from the same period in 2025, showcasing the company's excellence in capital allocation and operational efficiency, thereby solidifying its competitive position in the oil and gas sector.
  • Increased Shareholder Returns: The total shareholder returns for the first quarter amounted to approximately $169 million, including about $84 million in share buybacks and $85 million in base dividend payments, demonstrating the company's ongoing commitment to shareholder value while providing funding for future investments.
  • Robust Production Guidance: Ovintiv expects its full-year production volumes for 2026 to average between 620 and 645 MBOE/d, with planned capital investments of $2.25 billion to $2.35 billion, indicating the company's confidence in future growth and proactive response to market demand.
  • Strong Balance Sheet: As of March 31, 2026, Ovintiv's net debt was reduced to approximately $3.3 billion, with a net debt to adjusted EBITDA ratio of less than 0.8 times, reflecting the company's financial prudence and maintaining an investment-grade credit rating.
seekingalpha
9.5
05-08seekingalpha
Ovintiv to Announce Q1 Earnings on May 11
  • Earnings Announcement Schedule: Ovintiv is set to release its Q1 2023 earnings report on May 11 after market close, with consensus EPS estimates at $1.83 and revenue expectations at $2.44 billion, indicating significant market interest in the company's performance.
  • Earnings Forecast Adjustments: Over the past three months, Ovintiv's EPS estimates have seen 12 upward revisions and 1 downward revision, reflecting increased analyst confidence in the company's profitability, while revenue estimates have also experienced 3 upward revisions with no downward adjustments, suggesting a positive outlook for growth.
  • Market Comparison Analysis: Analysts suggest that investors should consider Ovintiv over Paramount Resources in the current market environment, likely based on its stronger financial performance and growth potential, which could provide better returns.
  • Free Cash Flow Outlook: Despite the positive financial forecasts for Ovintiv, a Citi analyst has expressed concerns about declining free cash flow yields, indicating that the company may face greater risks amid oil price fluctuations, which could impact its future investment attractiveness.
9.0
05-08PRnewswire
Ovintiv Inc. 2026 Annual Meeting Voting Results
  • Director Election Results: At the 2026 Annual Meeting, all nominated directors were elected, with Sippy Chhina receiving 99.47% support, reflecting strong shareholder confidence in management and enhancing the stability of the company's governance structure.
  • Executive Compensation Vote: The non-binding advisory vote on executive compensation garnered 96.66% support from shareholders, indicating satisfaction with the compensation policy, which may help attract and retain key talent.
  • Auditor Appointment Approval: The ratification of PricewaterhouseCoopers as independent auditors received 97.66% approval, ensuring transparency and compliance in financial reporting, thereby boosting investor confidence.
  • Voting Participation: The high voter turnout at the meeting indicates strong shareholder engagement in company affairs, which may foster future shareholder involvement and improvements in corporate governance.
Newsfilter
9.0
05-08Newsfilter
Ovintiv 2026 Annual Meeting Election Results
  • Director Election Results: At the 2026 Annual Meeting, all nominated directors were elected, with Sippy Chhina receiving 99.47% support, reflecting strong shareholder confidence in management and further solidifying the company's governance structure.
  • Executive Compensation Vote: The non-binding advisory vote on executive compensation garnered 96.66% approval, indicating shareholder recognition of executive performance, which may enhance the incentive mechanisms and overall company performance.
  • Auditor Appointment Confirmation: The ratification of PricewaterhouseCoopers LLP as independent auditors received 97.66% support, ensuring transparency and compliance in financial reporting, thereby boosting investor confidence.
  • Voting Participation: High shareholder participation in all votes indicates strong interest in corporate governance and future developments, potentially prompting the company to place greater emphasis on shareholder input in strategic decisions.
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
Truist
Gabe Daoud
Buy
downgrade
$72 -> $70
AI Analysis
2026-05-13
New
Reason
Truist
Gabe Daoud
Price Target
$72 -> $70
AI Analysis
2026-05-13
New
downgrade
Buy
Reason
Truist analyst Gabe Daoud lowered the firm's price target on Ovintiv to $70 from $72 and keeps a Buy rating on the shares. The firm is updating its model following the company's Q1 results, with key themes discussed in the quarter that included the management's revision on the return of capital framework, capital allocation, the integration of NuVista, and improving efficiencies and productivity gains, the analyst tells investors in a research note.
Mizuho
Outperform
maintain
$68 -> $69
2026-05-13
New
Reason
Mizuho
Price Target
$68 -> $69
2026-05-13
New
maintain
Outperform
Reason
Mizuho raised the firm's price target on Ovintiv to $69 from $68 and keeps an Outperform rating on the shares. The firm updated the company's model post the Q1 report.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for OVV
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Valuation Metrics

The current forward P/E ratio for Ovintiv Inc (OVV.N) is 8.57, compared to its 5-year average forward P/E of 6.88. 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
6.88
Current PE
8.57
Overvalued PE
9.17
Undervalued PE
4.59

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
4.69
Current EV/EBITDA
10.95
Overvalued EV/EBITDA
7.85
Undervalued EV/EBITDA
1.53

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
1.19
Current PS
1.80
Overvalued PS
1.41
Undervalued PS
0.96

Financials

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Whales Holding OVV

S
Sourcerock Group LLC
Holding
OVV
+16.84%
3M Return
L
Long Focus Capital Management LLC
Holding
OVV
+13.29%
3M Return
M
Merewether Investment Management LP
Holding
OVV
+10.40%
3M Return
Y
Yaupon Capital Management LP
Holding
OVV
+9.08%
3M Return
P
Pacific Heights Asset Management, LLC
Holding
OVV
+7.36%
3M Return
A
Aventail Capital Group, LP
Holding
OVV
+5.51%
3M Return

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Frequently Asked Questions

What is Ovintiv Inc (OVV) stock price today?

The current price of OVV is 58.09 USD — it has decreased -1.69

What is Ovintiv Inc (OVV)'s business?

Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on developing a multi-basin portfolio of assets located in the United States and Canada. Its operations include marketing of oil, natural gas liquids and natural gas. Its assets include Permian Basin and Montney. The Permian Basin is an oil play, located in oil deposits in the United States, located in west Texas primarily in Midland, Martin, Andrews, Howard, Glasscock, Ector and Upton counties. The Company develops the play using its cube development model and multi-frac techniques. The Montney is a liquids and natural gas play located in northwest Alberta and northeast British Columbia. The play includes properties that are in the Montney formation, which is an oil and gas deposit in North America. The formation is characterized by up to six stacked horizons spanning over 1,000 feet of stratigraphy and is being developed through horizontal drilling and completion operations.

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 2.60B USD, increased 8.44

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

Ovintiv Inc. EPS for the last quarter amounts to -2.35 USD, increased 285.25

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

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

What is Ovintiv Inc (OVV) market cap?

Today OVV has the market capitalization of 16.32B USD.