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NYSE: OVV
Ovintiv Inc Stock

$52.18+0.20 (+0.38%)
Updated Apr 22, 2024
OVV Price
$52.18
Fair Value Price
N/A
Market Cap
$14.06B
52 Week Low
$32.07
52 Week High
$55.95
P/E
6.51x
P/B
1.36x
P/S
1.05x
PEG
N/A
Dividend Yield
2.3%
Revenue
$10.88B
Earnings
$2.09B
Gross Margin
46.9%
Operating Margin
26.33%
Profit Margin
19.2%
Debt to Equity
0.93
Operating Cash Flow
$4B
Beta
1.63
Next Earnings
May 8, 2024
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 (33)
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 (6.51x), compared to the US market average (41x)
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
6.51x
Industry
13.29x
Market
41x
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
1.36x
Industry
2.14x
OVV is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

OVV's financial health

Profit margin

Revenue
$3.2B
Net Income
$856.0M
Profit Margin
27%
OVV's Earnings (EBIT) of $2.87B... subscribe to Premium to read more.
Interest Coverage Financials
OVV's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$20.0B
Liabilities
$9.6B
Debt to equity
0.93
OVV's short-term liabilities ($2.81B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
OVV's long-term liabilities ($6.81B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
OVV's debt relative to shareholder... 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
$1.4B
Investing
-$794.0M
Financing
-$562.0M
OVV's operating cash flow ($4.17B)... subscribe to Premium to read more.
Debt Coverage Financials

OVV vs Oil and Gas Stocks

TickerMarket Cap1d %P/EP/B
OVV$14.06B+0.38%6.51x1.36x
TPL$13.48B+0.55%33.28x12.92x
PR$13.25B+0.53%12.63x2.09x
MRO$15.96B+0.55%10.80x1.42x
CHK$11.56B+1.03%4.86x1.08x

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 $55.95, and its 52-week low was $32.07. It is currently -6.74% from its 52-week high and 62.71% from its 52-week low.

How much is Ovintiv stock worth today?

(NYSE: OVV) Ovintiv currently has 269,515,124 outstanding shares. With Ovintiv stock trading at $52.18 per share, the total value of Ovintiv stock (market capitalization) is $14.06B.

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 22 years would have been -30.4%, for an annualized return of -1.63% (not including any dividends or dividend reinvestments).

How much is Ovintiv's stock price per share?

(NYSE: OVV) Ovintiv stock price per share is $52.18 today (as of Apr 22, 2024).

What is Ovintiv's Market Cap?

(NYSE: OVV) Ovintiv's market cap is $14.06B, as of Apr 23, 2024.

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 $52.18 by OVV's total outstanding shares of 269,515,124.
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