Ovintiv Inc (OVV)

$48.24

+0.08

(+0.17%)

Market is closed - opens 7 PM, 15 Jul 2024

Insights on Ovintiv Inc

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 2.82B → 2.50B (in $), with an average decrease of 11.2% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 856.0M → 338.0M (in $), with an average decrease of 60.5% per quarter

  • Vs OXY

    In the last 3 years, Occidental Petroleum Corporation has given 100.8% return, outperforming this stock by 40.6%

Performance

  • $48.10
    $48.94
    $48.24
    downward going graph

    0.29%

    Downside

    Day's Volatility :1.72%

    Upside

    1.43%

    downward going graph
  • $36.96
    $55.59
    $48.24
    downward going graph

    23.38%

    Downside

    52 Weeks Volatility :33.51%

    Upside

    13.22%

    downward going graph

Returns

PeriodOvintiv IncSector (Energy)Index (Russel 2000)
3 Months
-8.24%
-5.8%
0.0%
6 Months
19.11%
9.5%
0.0%
1 Year
21.21%
8.2%
0.0%
3 Years
60.21%
72.8%
-21.0%

Highlights

Market Capitalization
12.6B
Book Value
$38.35
Dividend Share
1.2
Dividend Yield
2.53%
Earnings Per Share (EPS)
7.17
PE Ratio
6.6
Wall Street Target Price
62.7
Profit Margin
18.52%
Operating Margin TTM
21.24%
Return On Assets TTM
9.89%
Return On Equity TTM
21.33%
Revenue TTM
10.5B
Revenue Per Share TTM
39.27
Quarterly Revenue Growth YOY
-7.9%
Gross Profit TTM
7.3B
EBITDA
4.8B
Diluted Eps TTM
7.17
Quarterly Earnings Growth YOY
-0.37
EPS Estimate Current Year
6.18
EPS Estimate Next Year
7.05
EPS Estimate Current Quarter
1.36
EPS Estimate Next Quarter
1.44

Analyst Recommendation

Buy
    68%Buy
    31%Hold
    0
    0%Sell
Based on 29 Wall street analysts offering stock ratings for Ovintiv Inc(by analysts ranked 0 to 5 stars)
Based on 29 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
20
19
20
Hold
9
9
9
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 29.98%

Current $48.24
Target $62.70

Company Financials

FY18Y/Y Change
Revenue
5.9B
↑ 33.67%
Net Income
1.1B
↑ 29.26%
Net Profit Margin
18.0%
↓ 0.61%
FY19Y/Y Change
Revenue
6.7B
↑ 13.25%
Net Income
234.0M
↓ 78.11%
Net Profit Margin
3.48%
↓ 14.52%
FY20Y/Y Change
Revenue
6.1B
↓ 9.5%
Net Income
-6.1B
↓ 2705.56%
Net Profit Margin
-100.16%
↓ 103.64%
FY21Y/Y Change
Revenue
8.7B
↑ 42.24%
Net Income
1.4B
↓ 123.22%
Net Profit Margin
16.35%
↑ 116.51%
FY22Y/Y Change
Revenue
12.5B
↑ 43.96%
Net Income
3.6B
↑ 156.85%
Net Profit Margin
29.18%
↑ 12.83%
FY23Y/Y Change
Revenue
10.7B
↓ 13.9%
Net Income
2.1B
↓ 42.67%
Net Profit Margin
19.43%
↓ 9.75%
Q4 FY22Q/Q Change
Revenue
3.2B
↓ 9.5%
Net Income
1.3B
↑ 12.56%
Net Profit Margin
41.56%
↑ 8.14%
Q1 FY23Q/Q Change
Revenue
2.6B
↓ 20.58%
Net Income
487.0M
↓ 63.52%
Net Profit Margin
19.09%
↓ 22.47%
Q2 FY23Q/Q Change
Revenue
2.5B
↓ 1.33%
Net Income
336.0M
↓ 31.01%
Net Profit Margin
13.35%
↓ 5.74%
Q3 FY23Q/Q Change
Revenue
2.6B
↑ 5.24%
Net Income
406.0M
↑ 20.83%
Net Profit Margin
15.33%
↑ 1.98%
Q4 FY23Q/Q Change
Revenue
2.8B
↑ 6.53%
Net Income
856.0M
↑ 110.84%
Net Profit Margin
30.33%
↑ 15.0%
Q1 FY24Q/Q Change
Revenue
2.5B
↓ 11.2%
Net Income
338.0M
↓ 60.51%
Net Profit Margin
13.49%
↓ 16.84%
FY18Y/Y Change
Total Assets
15.3B
↑ 0.5%
Total Liabilities
7.9B
↓ 7.52%
FY19Y/Y Change
Total Assets
21.5B
↑ 40.04%
Total Liabilities
11.6B
↑ 46.35%
FY20Y/Y Change
Total Assets
14.5B
↓ 32.66%
Total Liabilities
10.6B
↓ 8.0%
FY21Y/Y Change
Total Assets
14.1B
↓ 2.86%
Total Liabilities
9.0B
↓ 15.53%
FY22Y/Y Change
Total Assets
15.1B
↑ 7.12%
Total Liabilities
7.4B
↓ 17.97%
FY23Y/Y Change
Total Assets
20.0B
↑ 32.75%
Total Liabilities
9.6B
↑ 30.54%
Q4 FY22Q/Q Change
Total Assets
15.1B
↑ 4.74%
Total Liabilities
7.4B
↓ 5.84%
Q1 FY23Q/Q Change
Total Assets
15.1B
↑ 0.45%
Total Liabilities
7.2B
↓ 1.87%
Q2 FY23Q/Q Change
Total Assets
19.5B
↑ 29.07%
Total Liabilities
10.2B
↑ 41.14%
Q3 FY23Q/Q Change
Total Assets
19.9B
↑ 1.95%
Total Liabilities
10.3B
↑ 1.42%
Q4 FY23Q/Q Change
Total Assets
20.0B
↑ 0.44%
Total Liabilities
9.6B
↓ 7.06%
Q1 FY24Q/Q Change
Total Assets
19.8B
↓ 0.77%
Total Liabilities
9.6B
↓ 0.47%
FY18Y/Y Change
Operating Cash Flow
2.3B
↑ 119.05%
Investing Cash Flow
-1.6B
↑ 49.95%
Financing Cash Flow
-396.0M
↑ 184.89%
FY19Y/Y Change
Operating Cash Flow
2.9B
↑ 27.0%
Investing Cash Flow
-2.6B
↑ 64.37%
Financing Cash Flow
-1.2B
↑ 212.63%
FY20Y/Y Change
Operating Cash Flow
1.9B
↓ 35.12%
Investing Cash Flow
-1.9B
↓ 27.07%
Financing Cash Flow
-206.0M
↓ 83.36%
FY21Y/Y Change
Operating Cash Flow
3.1B
↑ 65.12%
Investing Cash Flow
-525.0M
↓ 71.83%
Financing Cash Flow
-2.4B
↑ 1074.27%
FY22Y/Y Change
Operating Cash Flow
3.9B
↑ 23.55%
Investing Cash Flow
-1.8B
↑ 240.19%
Financing Cash Flow
-2.3B
↓ 6.24%
Q4 FY22Q/Q Change
Operating Cash Flow
875.0M
↓ 9.04%
Investing Cash Flow
-1.8B
↑ 576.52%
Financing Cash Flow
-297.0M
↓ 56.89%
Q1 FY23Q/Q Change
Operating Cash Flow
1.1B
↑ 22.06%
Investing Cash Flow
-863.0M
↓ 51.68%
Financing Cash Flow
-184.0M
↓ 38.05%
Q2 FY23Q/Q Change
Operating Cash Flow
831.0M
↓ 22.19%
Investing Cash Flow
-3.9B
↑ 348.55%
Financing Cash Flow
2.2B
↓ 1298.91%
Q3 FY23Q/Q Change
Operating Cash Flow
906.0M
↑ 9.03%
Investing Cash Flow
-4.7B
↑ 22.06%
Financing Cash Flow
-101.0M
↓ 104.58%

Technicals Summary

Sell

Neutral

Buy

Ovintiv Inc is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Ovintiv Inc
Ovintiv Inc
3.01%
19.11%
21.21%
60.21%
103.12%
Canadian Natural Resources Limited
Canadian Natural Resources Limited
4.19%
11.84%
21.24%
100.85%
158.02%
Conocophillips
Conocophillips
2.03%
4.14%
2.34%
90.28%
86.55%
Eog Resources, Inc.
Eog Resources, Inc.
8.27%
14.99%
5.21%
55.87%
45.3%
Occidental Petroleum Corporation
Occidental Petroleum Corporation
2.34%
8.09%
-0.39%
103.46%
18.54%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Ovintiv Inc
Ovintiv Inc
6.6
6.6
NA
6.18
0.21
0.1
0.03
38.35
Canadian Natural Resources Limited
Canadian Natural Resources Limited
14.74
14.74
12.75
2.69
0.19
0.08
0.04
18.46
Conocophillips
Conocophillips
12.6
12.6
0.72
8.93
0.22
0.11
0.03
42.18
Eog Resources, Inc.
Eog Resources, Inc.
10.19
10.19
2.61
11.98
0.27
0.14
0.03
49.83
Occidental Petroleum Corporation
Occidental Petroleum Corporation
17.69
17.69
2.63
3.85
0.14
0.04
0.01
25.4
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Ovintiv Inc
Ovintiv Inc
Buy
$12.6B
103.12%
6.6
18.52%
Canadian Natural Resources Limited
Canadian Natural Resources Limited
Buy
$78.2B
158.02%
14.74
20.86%
Conocophillips
Conocophillips
Buy
$131.0B
86.55%
12.6
18.63%
Eog Resources, Inc.
Eog Resources, Inc.
Buy
$74.1B
45.3%
10.19
31.27%
Occidental Petroleum Corporation
Occidental Petroleum Corporation
Hold
$54.3B
18.54%
17.69
16.0%

Institutional Holdings

  • BlackRock Inc

    10.80%
  • Vanguard Group Inc

    10.51%
  • FMR Inc

    8.54%
  • State Street Corporation

    3.95%
  • Dodge & Cox

    3.25%
  • Smead Capital Management Inc

    2.16%

Corporate Announcements

  • Ovintiv Inc Dividends March,2024

    In the quarter ending March,2024. Ovintiv Inc has declared dividend of $0.3

    Read More

Company Information

Ovintiv Inc. is a hydrocarbon exploration and production company organized in Delaware and headquartered in Denver, United States. It was founded and headquartered in Calgary, Alberta, under its previous name Encana.

Organization
Ovintiv Inc
Employees
1743
CEO
Mr. Brendan Michael McCracken
Industry
Energy Minerals

FAQs