ovintiv inc. - OVV

OVV

Close Chg Chg %
37.75 0.02 0.05%

Closed Market

37.77

+0.02 (0.05%)

Volume: 10.75M

Last Updated:

Dec 20, 2024, 3:59 PM EDT

Company Overview: ovintiv inc. - OVV

OVV Key Data

Open

$37.71

Day Range

37.54 - 38.29

52 Week Range

36.91 - 55.94

Market Cap

$9.82B

Shares Outstanding

260.32M

Public Float

259.10M

Beta

2.65

Rev. Per Employee

N/A

P/E Ratio

5.01

EPS

$7.61

Yield

317.97%

Dividend

$0.30

EX-DIVIDEND DATE

Dec 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

3.14M

 

OVV Performance

1 Week
 
-6.74%
 
1 Month
 
-19.12%
 
3 Months
 
-6.76%
 
1 Year
 
-13.78%
 
5 Years
 
74.10%
 

OVV Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 25
Full Ratings ➔

About ovintiv inc. - OVV

Ovintiv, Inc. engages in the production and development of oil, natural gas liquids and natural gas producing plays. The firm operates through the following segments: Canadian Operations, USA Operations, and Market Optimization. The Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. The Market Optimization segment’s activities are managed by the Midstream, Marketing & Fundamentals team, which is responsible for the sale of the company’s proprietary production to third party customers. The company was founded in 1881 and is headquartered in Denver, CO.

OVV At a Glance

Ovintiv, Inc.
370 17th Street
Denver, Colorado 80202
Phone 1-303-623-2300 Revenue 10.73B
Industry Integrated Oil Net Income 2.09B
Sector Energy Minerals Employees 1,743
Fiscal Year-end 12 / 2024
View SEC Filings

OVV Valuation

P/E Current 5.007
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 5.559
Price to Sales Ratio 1.08
Price to Book Ratio 1.151
Price to Cash Flow Ratio 2.781
Enterprise Value to EBITDA 3.929
Enterprise Value to Sales 1.702
Total Debt to Enterprise Value 0.366

OVV Efficiency

Revenue/Employee 6,157,200.229
Income Per Employee 1,196,213.425
Receivables Turnover 7.979
Total Asset Turnover 0.613

OVV Liquidity

Current Ratio 0.596
Quick Ratio 0.596
Cash Ratio 0.001

OVV Profitability

Gross Margin 32.128
Operating Margin 26.146
Pretax Margin 23.388
Net Margin 19.428
Return on Assets 11.90
Return on Equity 23.091
Return on Total Capital 12.227
Return on Invested Capital 14.692

OVV Capital Structure

Total Debt to Total Equity 64.446
Total Debt to Total Capital 39.19
Total Debt to Total Assets 33.437
Long-Term Debt to Equity 60.80
Long-Term Debt to Total Capital 36.973
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ovintiv Inc. - OVV

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
5.58B 10.54B 14.33B 10.73B
Sales Growth
-21.26% +88.91% +35.95% -25.11%
Cost of Goods Sold (COGS) incl D&A
5.34B 6.40B 7.77B 7.28B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.86B 1.21B 1.13B 1.84B
Depreciation
1.86B 1.21B 1.13B 1.84B
Amortization of Intangibles
- - - -
-
COGS Growth
-0.91% +20.01% +21.39% -6.30%
Gross Income
244.00M 4.14B 6.56B 3.45B
Gross Income Growth
-85.66% +1,595.49% +58.50% -47.41%
Gross Profit Margin
+4.37% +39.25% +45.75% +32.13%
2020 2021 2022 2023 5-year trend
SG&A Expense
305.00M 428.00M 422.00M 300.00M
Research & Development
- - - -
-
Other SG&A
305.00M 428.00M 422.00M 300.00M
SGA Growth
-13.11% +40.33% -1.40% -28.91%
Other Operating Expense
173.00M 293.00M 415.00M 342.00M
Unusual Expense
5.83B 523.00M (755.00M) (107.00M)
EBIT after Unusual Expense
(6.07B) 2.89B 6.48B 2.91B
Non Operating Income/Expense
706.00M (1.31B) (2.60B) (48.00M)
Non-Operating Interest Income
- 5.00M 14.00M 25.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
371.00M 340.00M 311.00M 355.00M
Interest Expense Growth
-2.88% -8.36% -8.53% +14.15%
Gross Interest Expense
371.00M 340.00M 311.00M 355.00M
Interest Capitalized
- - - -
-
Pretax Income
(5.73B) 1.24B 3.56B 2.51B
Pretax Income Growth
-1,919.05% +121.62% +187.33% -29.49%
Pretax Margin
-102.69% +11.75% +24.84% +23.39%
Income Tax
367.00M (177.00M) (77.00M) 425.00M
Income Tax - Current - Domestic
(2.00M) (156.00M) 10.00M 12.00M
Income Tax - Current - Foreign
- - (12.00M) 269.00M
-
Income Tax - Deferred - Domestic
568.00M (22.00M) (275.00M) 248.00M
Income Tax - Deferred - Foreign
(187.00M) 1.00M 188.00M (104.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(6.10B) 1.42B 3.64B 2.09B
Minority Interest Expense
- - - -
-
Net Income
(6.10B) 1.42B 3.64B 2.09B
Net Income Growth
-2,705.56% +123.22% +156.85% -42.67%
Net Margin Growth
-109.27% +13.43% +25.38% +19.43%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(6.10B) 1.42B 3.64B 2.09B
Preferred Dividends
- - - -
-
Net Income Available to Common
(6.10B) 1.42B 3.64B 2.09B
EPS (Basic)
-23.4681 5.4378 14.3415 8.0223
EPS (Basic) Growth
-2,719.79% +123.17% +163.74% -44.06%
Basic Shares Outstanding
259.80M 260.40M 253.60M 259.90M
EPS (Diluted)
-23.4681 5.3153 14.0751 7.9007
EPS (Diluted) Growth
-2,719.79% +122.65% +164.80% -43.87%
Diluted Shares Outstanding
259.80M 266.40M 258.40M 263.90M
EBITDA
1.63B 4.63B 6.85B 4.65B
EBITDA Growth
-48.27% +184.10% +48.03% -32.13%
EBITDA Margin
+29.19% +43.90% +47.81% +43.33%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 58.667
Number of Ratings 25 Current Quarters Estimate 1.016
FY Report Date 12 / 2024 Current Year's Estimate 5.367
Last Quarter’s Earnings 1.863 Median PE on CY Estimate N/A
Year Ago Earnings 6.885 Next Fiscal Year Estimate 4.497
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 16 16 17 17
Mean Estimate 1.02 1.09 5.37 4.50
High Estimates 1.51 1.73 5.72 6.32
Low Estimate 0.46 0.59 4.32 2.39
Coefficient of Variance 22.60 28.13 6.58 24.46

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 16 16 15
OVERWEIGHT 3 3 3
HOLD 6 6 9
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Ovintiv Inc. - OVV

Date Name Shares Transaction Value
Jul 3, 2024 Brendan M. McCracken President & CEO; Director 206,899 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Corey D. Code EVP & CFO 2,724 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Ralph Izzo Director 2,645 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Gregory D. Givens EVP & COO 68,698 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Howard J. Mayson Director 9,541 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 George L. Pita Director 2,800 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Meghan Nicole Eilers EVP, Midstream, Mktg & GC 36,340 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Reneé E. Zemljak 7,452 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Peter A. Dea Director 51,648 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Meg A. Gentle Director 6,579 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Rachel M. Moore EVP, Corporate Services 28,726 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Brian Gordon Shaw Director 33,713 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Suzanne P. Nimocks Director 21,641 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Corey D. Code EVP & CFO 55,558 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Reneé E. Zemljak 38,337 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 Peter A. Dea Director 6,846 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 Brian Gordon Shaw Director 40,412 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $50.05 per share 2,022,620.60
May 22, 2024 Peter A. Dea Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 22, 2024 Sippy Chhina Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 22, 2024 Ralph Izzo Director 4,213 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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