Ovintiv Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 19/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 54.05.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Ovintiv Inc's Score
Industry at a Glance
Industry Ranking
19 / 120
Overall Ranking
120 / 4582
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
24
analysts
Buy
Current Rating
54.055
Target Price
+29.16%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Ovintiv Inc Highlights
StrengthsRisks
Ovintiv Inc. is an oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of assets located in the United States and Canada. Its operations include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA operations and Canadian Operations. USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada. Its assets include Anadarko Basin, Montney, and Permian Basin. Anadarko is a liquids-rich play located in west-central Oklahoma in Blaine, Canadian, Custer, Dewey, Garvin, Grady, Kingfisher, McClain and Stephens counties. Montney is a condensate and natural gas play located in northwest Alberta and northeast British Columbia.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 28.09%.
Undervalued
The company’s latest PB is 0.93, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 230.84M shares, decreasing 10.59% quarter-over-quarter.
Ovintiv Inc. is an oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of assets located in the United States and Canada. Its operations include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA operations and Canadian Operations. USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada. Its assets include Anadarko Basin, Montney, and Permian Basin. Anadarko is a liquids-rich play located in west-central Oklahoma in Blaine, Canadian, Custer, Dewey, Garvin, Grady, Kingfisher, McClain and Stephens counties. Montney is a condensate and natural gas play located in northwest Alberta and northeast British Columbia.
Ticker SymbolOVV
CompanyOvintiv Inc
CEOMcCracken (Brendan Michael)
Websitehttps://www.ovintiv.com/
FAQs
What is the current price of Ovintiv Inc (OVV)?
The current price of Ovintiv Inc (OVV) is 37.390.
What is the symbol of Ovintiv Inc?
The ticker symbol of Ovintiv Inc is OVV.
What is the 52-week high of Ovintiv Inc?
The 52-week high of Ovintiv Inc is 46.350.
What is the 52-week low of Ovintiv Inc?
The 52-week low of Ovintiv Inc is 29.800.
What is the market capitalization of Ovintiv Inc?
The market capitalization of Ovintiv Inc is 9.47B.
What is the net income of Ovintiv Inc?
The net income of Ovintiv Inc is 1.13B.
Is Ovintiv Inc (OVV) currently rated as Buy, Hold, or Sell?
According to analysts, Ovintiv Inc (OVV) has an overall rating of Buy, with a price target of 54.055.
What is the Earnings Per Share (EPS TTM) of Ovintiv Inc (OVV)?
The Earnings Per Share (EPS TTM) of Ovintiv Inc (OVV) is 0.941.