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NYSE: OVV
Ovintiv Inc Stock

$46.39-0.47 (-1%)
Updated Feb 3, 2023
OVV Price
$46.39
Fair Value Price
N/A
Market Cap
$11.52B
52 Week Low
$37.27
52 Week High
$63.30
P/E
3.23x
P/B
1.76x
P/S
0.92x
PEG
N/A
Dividend Yield
2.05%
Revenue
$12.59B
Earnings
$3.69B
Gross Margin
45.1%
Operating Margin
33.02%
Profit Margin
29.3%
Debt to Equity
1.2
Operating Cash Flow
$4B
Beta
1.64
Next Earnings
Feb 27, 2023
Ex-Dividend
N/A
Next Dividend
N/A

OVV Overview

Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Eagle Ford in south Texas, Bakken in North Dakota, and Uinta in central Utah; and Duvernay in west central Alberta, Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke in offshore Nova Scotia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. is based in Denver, Colorado.

Zen Score

Industry Average (38)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how OVV scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

OVV is forecast by analysts to be unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
OVV is good value based on its earnings relative to its share price (3.23x), compared to the US market average (15.09x)
P/E vs Market Valuation
OVV is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more OVV due diligence checks available for Premium users.

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OVV News

Valuation

OVV price to earnings (PE)

For valuing profitable companies with steady earnings
Company
3.23x
Industry
7.43x
Market
15.09x
OVV is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
OVV is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

OVV price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.76x
Industry
2.26x
OVV is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

OVV's financial health

Profit margin

Revenue
$3.5B
Net Income
$1.2B
Profit Margin
33.4%
OVV's Earnings (EBIT) of $4.16B... subscribe to Premium to read more.
Interest Coverage Financials
OVV's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$14.4B
Liabilities
$7.8B
Debt to equity
1.2
OVV's short-term liabilities ($3.31B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
OVV's long-term liabilities ($4.52B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
OVV's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
OVV's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$962.0M
Investing
-$264.0M
Financing
-$689.0M
OVV's operating cash flow ($3.73B)... subscribe to Premium to read more.
Debt Coverage Financials

OVV vs Oil and Gas Stocks

TickerMarket Cap1d %P/EP/B
OVV$11.52B-1.00%3.23x1.76x
EQT$11.47B-1.82%4.94x1.19x
CHK$11.33B-1.03%3.39x1.79x
APA$13.52B-0.76%4.01x22.53x
AR$8.25B-2.38%4.08x1.33x

Ovintiv Stock FAQ

What is Ovintiv's quote symbol?

NYSE: OVV) Ovintiv trades on the NYSE under the ticker symbol OVV. Ovintiv stock quotes can also be displayed as NYSE: OVV.

If you're new to stock investing, here's how to buy Ovintiv stock.

What is the 52 week high and low for Ovintiv (NYSE: OVV)?

(NYSE: OVV) Ovintiv's 52-week high was $63.30, and its 52-week low was $37.27. It is currently -26.71% from its 52-week high and 24.47% from its 52-week low.

How much is Ovintiv stock worth today?

(NYSE: OVV) Ovintiv currently has 248,262,047 outstanding shares. With Ovintiv stock trading at $46.39 per share, the total value of Ovintiv stock (market capitalization) is $11.52B.

Ovintiv stock was originally listed at a price of $74.98 in Apr 8, 2002. If you had invested in Ovintiv stock at $74.98, your return over the last 20 years would have been -38.13%, for an annualized return of -2.37% (not including any dividends or dividend reinvestments).

How much is Ovintiv's stock price per share?

(NYSE: OVV) Ovintiv stock price per share is $46.39 today (as of Feb 3, 2023).

What is Ovintiv's Market Cap?

(NYSE: OVV) Ovintiv's market cap is $11.52B, as of Feb 6, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Ovintiv's market cap is calculated by multiplying OVV's current stock price of $46.39 by OVV's total outstanding shares of 248,262,047.
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