OVV

Ovintiv Inc. [OVV] Stock Forecast

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In the News

11:11 29 Mar 2024 OVV

3 Stocks in the Canadian Upstream Industry Worth Some Thought

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on companies like CNQ, OVV and BTE.

08:31 29 Mar 2024 OVV

Ovintiv (OVV) Q4 Earnings Beat Estimates on Lower Costs

Ovintiv (OVV) expects capital expenditures in the range of $2.2-$2.4 billion for full-year 2024 and in the band of $580-$620 million for the first quarter of the year.

09:31 29 Mar 2024 OVV

Ovintiv (OVV) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Ovintiv (OVV) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

08:41 29 Mar 2024 OVV

Ovintiv (OVV) Tops Q4 Earnings and Revenue Estimates

Ovintiv (OVV) came out with quarterly earnings of $2.35 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $0.91 per share a year ago.

11:06 29 Mar 2024 OVV

Ovintiv (OVV) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Ovintiv (OVV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

12:48 29 Mar 2024 OVV

4 Stocks With Big Rebound Potential

A Wall Street adage warns, “Don't try to catch a falling knife.”

07:32 29 Mar 2024 OVV

2 Stocks in the Canadian Upstream Industry Worth a Closer Look

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on companies like CNQ and OVV.

09:02 29 Mar 2024 OVV

3 Undervalued Stocks Poised to Outperform Their Respective Indices

You really don't need much explanation regarding the allure of undervalued stocks. Just like seeing a buy-one-get-one (BOGO) free sale at your favorite retailer, we're instinctively attracted to bargains.

09:01 29 Mar 2024 OVV

Ovintiv (OVV) Q3 Earnings Miss Estimates, Revenues Beat

Ovintiv (OVV) anticipates capital spending in the $660-$700 million range for the fourth quarter of 2023, and in the band of $2.75-$2.79 billion for the full year.

02:32 29 Mar 2024 OVV

Ovintiv Inc. (OVV) Q3 2023 Earnings Call Transcript

Ovintiv Inc. (NYSE:OVV ) Q3 2023 Results Conference Call November 8, 2023 12:00 PM ET Company Participants Jason Verhaest - IR Brendan McCracken - President and CEO Corey Code - EVP and CFO Greg Givens - EVP and COO Conference Call Participants Neal Dingmann - Truist Securities Gabe Daoud - TD Cowen Doug Leggate - Bank of America Scott Gruber - Citigroup Umang Choudhary - Goldman Sachs Greg Pardy - RBC Capital Markets Roger Read - Wells Fargo Operator Good day, ladies and gentlemen and thank you for standing by. Welcome to Ovintiv's 2023 Third Quarter Results Conference Call.

OVV Financial details

Company Rating
Strong Buy
Market Cap
13.73B
Income
2.09B
Revenue
10.54B
Book val./share
38.08
Cash/share
0.01
Dividend
1.15
Dividend %
2.74%
Employees
1.74K
Optionable
No
Shortable
Yes
Earnings
07 May 2024
P/E
4.48
Forward P/E
6.72
PEG
-1.11
P/S
1.05
P/B
1.2
P/C
5190
P/FCF
9.24
Quick Ratio
0.43
Current Ratio
0.45
Debt / Equity
0.56
LT Debt / Equity
0.53
-
-
EPS (TTM)
7.96
EPS next Y
7.72
EPS next Q
1.52
EPS this Y
-40.06%
EPS next Y
-3.07%
EPS next 5Y
-18.47%
EPS last 5Y
54.88%
Revenue last 5Y
9.8%
Revenue Q/Q
6.53%
EPS Q/Q
112.16%
-
-
-
-
SMA20
8.33%
SMA50
26.83%
SMA100
8.33%
Inst Own
81%
Inst Trans
0.83%
ROA
13%
ROE
30%
ROC
0.17%
Gross Margin
58%
Oper. Margin
26%
Profit Margin
23%
Payout
11%
Shs Outstand
269.52M
Shs Float
253.46M
-
-
-
-
Target Price
54.92
52W Range
32.07-52.09
52W High
-0.19%
52W Low
+62.19%
RSI
69
Rel Volume
0.96
Avg Volume
3.13M
Volume
2.99M
Perf Week
0.78%
Perf Month
15.77%
Perf Quarter
7.16%
Perf Half Y
11.49%
-
-
-
-
Beta
2.67
-
-
Volatility
0.36%, 2.17%
Prev Close
0%
Price
51.9
Change
0.12%

OVV Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
25.7523.4333.2549.1541.29
Net income per share
0.9-23.475.4414.348.02
Operating cash flow per share
11.187.2912.0215.2416.03
Free cash flow per share
1.130.616.188.025.48
Cash per share
0.880.181.010.30.01
Book value per share
38.0214.7719.4930.3239.9
Tangible book value per share
28.024.679.3920.1329.9
Share holders equity per share
38.0214.7719.4930.3239.9
Interest debt per share
33.0132.2723.4918.9423.8
Market cap
6.13B3.73B8.78B12.86B11.41B
Enterprise value
14.17B11.73B14.36B17.35B18.09B
P/E ratio
26.18-0.616.23.545.47
Price to sales ratio
0.910.611.011.031.06
POCF ratio
2.11.972.83.332.74
PFCF ratio
20.7623.465.456.328.02
P/B Ratio
0.620.971.731.671.1
PTB ratio
0.620.971.731.671.1
EV to sales
2.111.931.661.391.69
Enterprise value over EBITDA
4.144.85.163.473.89
EV to operating cash flow
4.856.194.594.494.34
EV to free cash flow
48.0573.798.928.5212.72
Earnings yield
0.04-1.630.160.280.18
Free cash flow yield
0.050.040.180.160.12
Debt to equity
0.832.091.140.580.56
Debt to assets
0.380.550.410.30.29
Net debt to EBITDA
2.353.282.010.91.44
Current ratio
0.770.510.580.610.6
Interest coverage
3.691.644.4712.397.9
Income quality
12.48-0.312.211.062
Dividend Yield
0.020.030.010.020.03
Payout ratio
0.44-0.020.090.070.15
Sales general and administrative to revenue
0.230.250.20.160.19
Research and developement to revenue
00000
Intangibles to total assets
0.120.180.190.170.13
Capex to operating cash flow
-0.9-0.92-0.49-0.47-0.66
Capex to revenue
-0.39-0.29-0.18-0.15-0.26
Capex to depreciation
-1.28-0.93-1.25-1.65-1.49
Stock based compensation to revenue
0.010.010.020.02-0.34
Graham number
27.6888.3248.8398.9184.86
ROIC
0.050.050.150.30.14
Return on tangible assets
0.01-0.510.120.290.12
Graham Net
-39.23-37.48-29.76-24.25-33.11
Working capital
-563M-1.18B-1.16B-1.09B-1.14B
Tangible asset value
7.32B1.21B2.45B5.11B7.77B
Net current asset value
-9.69B-9.39B-7.39B-5.67B-7.94B
Invested capital
0.832.091.140.580.56
Average receivables
1.2B1.28B1.2B1.4B1.43B
Average payables
294M330.5M317M382M511M
Average inventory
3.5M15M16M4.5M0
Days sales outstanding
77.8766.9254.2644.5745.74
Days payables outstanding
39.1233.112730.7929.36
Days of inventory on hand
0.772.490.7400
Receivables turnover
4.695.456.738.197.98
Payables turnover
9.3311.0213.5211.8512.43
Inventory turnover
473.14146.65492.6700
ROE
0.02-1.590.280.470.2
Capex per share
-10.05-6.68-5.83-7.22-10.56

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
12.0610.4410.099.6810.36
Net income per share
5.011.991.351.483.14
Operating cash flow per share
3.284.373.333.314.82
Free cash flow per share
1.941.870.770.262.52
Cash per share
0.280.110.210.010.01
Book value per share
28.8632.3137.3534.938.08
Tangible book value per share
19.1621.7426.9425.4528.54
Share holders equity per share
28.8632.3137.3534.938.08
Interest debt per share
17.119.4428.7426.2221.8
Market cap
13.51B8.81B9.49B13.02B11.96B
Enterprise value
18B13.47B16.53B20.1B18.64B
P/E ratio
2.534.527.068.023.49
Price to sales ratio
4.213.463.774.924.24
POCF ratio
15.448.2511.4314.379.11
PFCF ratio
26.1319.2549.71180.8317.43
P/B Ratio
1.761.121.021.361.15
PTB ratio
1.761.121.021.361.15
EV to sales
5.65.286.577.596.61
Enterprise value over EBITDA
12.4212.8117.221.0413.28
EV to operating cash flow
20.5712.6119.8922.1814.2
EV to free cash flow
34.8129.486.55279.1127.17
Earnings yield
0.10.060.040.030.07
Free cash flow yield
0.040.050.020.010.06
Debt to equity
0.580.590.760.740.56
Debt to assets
0.30.310.360.360.29
Net debt to EBITDA
3.14.437.327.414.76
Current ratio
0.610.530.450.450.6
Interest coverage
18.489.556.644.778.03
Income quality
0.662.192.472.231.53
Dividend Yield
00.010.010.010.01
Payout ratio
0.050.130.240.20.09
Sales general and administrative to revenue
0.160.170.220.170.15
Research and developement to revenue
00000
Intangibles to total assets
0.170.170.130.130.13
Capex to operating cash flow
-0.41-0.57-0.77-0.92-0.48
Capex to revenue
-0.11-0.24-0.25-0.31-0.22
Capex to depreciation
-1.28-1.68-2.3-1.72-1.12
Stock based compensation to revenue
0.06-0.010.010.1-0.4
Graham number
57.0538.0733.6534.1351.9
ROIC
0.110.040.020.030.04
Return on tangible assets
0.110.040.020.020.05
Graham Net
-23.09-25.55-36.91-33.61-31.6
Working capital
-1.09B-1.24B-1.83B-1.96B-1.14B
Tangible asset value
5.11B5.31B6.72B6.97B7.77B
Net current asset value
-5.67B-5.83B-8.72B-8.77B-7.94B
Invested capital
0.580.590.760.740.56
Average receivables
1.6B1.4B1.27B1.39B1.44B
Average payables
1.33B1.15B2.16B2.43B1.5B
Average inventory
00000
Days sales outstanding
42.6545.1645.0551.9142.9
Days payables outstanding
45.63146.63185.23153.2729.33
Days of inventory on hand
00000
Receivables turnover
2.111.9921.732.1
Payables turnover
1.970.610.490.593.07
Inventory turnover
00000
ROE
0.170.060.040.040.08
Capex per share
-1.34-2.5-2.57-3.05-2.3

OVV Frequently Asked Questions

What is Ovintiv Inc. stock symbol ?

Ovintiv Inc. is a US stock , located in Denver of Co and trading under the symbol OVV

Is Ovintiv Inc. buy or a sell ?

14 stock analysts have 14 predictions with a medium analyst target price of $55.43. The lowest prediction is $32 and the highest is $115

What is OVV stock prediction ?

What is Ovintiv Inc. stock quote today ?

Ovintiv Inc. stock price is $51.9 today.

Is Ovintiv Inc. stock public?

Yes, Ovintiv Inc. is a publicly traded company.

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