YOLFTbeta
Ovintiv Inc

Ovintiv Inc

OVV · NYSE · Energy / Oil & Gas E&P

65.39USD+0.50 (+0.77%)

Price History

Full chart

Market Stats

Previous Close64.89
Open65.56
Day Range64.63 – 65.59
52-Week Range34.67 – 73.00
Volume3.17M
Market Cap19.99B
P/E (TTM)20.13
Forward P/E9.44
EPS3.59
Dividend Yield1.66%
Beta0.66
50-Day Avg64.30
200-Day Avg56.83

About

Ovintiv Inc., together with its subsidiaries, operates as an oil and natural gas exploration and production company in North America. The company operates through USA Operations and Canadian Operations segments. It is involved in the exploration, development, production, and marketing of oil, NGLs, natural gas and other related activities in the Permian in West Texas and Anadarko in West-central Oklahoma in the United States, as well as in the Montney in northwest Alberta and northeast British Columbia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. Brendan Michael McCracken
  • Employees1.47K
  • Headquarters370 17th Street, Denver, CO, United States, 80202, USA
  • Websitehttps://www.ovintiv.com

Leadership

  • Mr. Brendan Michael McCrackenPresident, CEO & Director · b. 1976
  • Mr. Corey Douglas Code CPAExecutive VP & CFO · b. 1974
  • Mr. Gregory Dean GivensExecutive VP & COO · b. 1973
  • Ms. Meghan Nicole EilersExecutive Vice President of Commercial and Legal Affairs · b. 1982
  • Ms. Rachel Maureen Moore CHRPExecutive Vice President of Corporate Services · b. 1972

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.24B6.28B8.52B10.49B14.57B16.40B21.70B21.05B11.11B8.87B8.47B5.16B5.86B8.02B4.42B2.92B4.44B5.94B6.73B6.09B8.66B12.46B10.88B9.15B8.74B
Growth (%)-+93.48%+35.77%+23.12%+38.91%+12.53%+32.33%-2.98%-47.21%-20.19%-4.54%-39.06%+13.53%+36.89%-44.86%-34.01%+52.26%+33.67%+13.25%-9.50%+42.24%+43.96%-12.68%-15.91%-4.55%
Cost of Revenue1.19B3.01B3.70B4.91B6.44B5.59B12.42B6.59B4.54B2.96B3.12B2.41B2.18B3.15B1.96B1.54B1.73B2.52B3.31B3.37B4.43B5.58B4.98B4.17B6.24B
Gross Profit2.06B3.26B4.82B5.58B8.13B10.81B9.28B14.46B6.58B5.91B5.35B2.75B3.68B4.87B2.47B1.37B2.71B3.42B3.41B2.71B4.22B6.88B5.90B4.98B2.50B
Gross Margin63.41%51.99%56.57%53.17%55.79%65.94%42.78%68.69%59.17%66.58%63.21%53.29%62.80%60.77%55.79%47.09%60.99%57.59%50.76%44.59%48.79%55.21%54.22%54.45%28.57%
Operating Expense766.94M1.83B2.50B2.80B3.50B3.78B4.26B5.88B4.16B3.51B2.41B-1.67B2.79B2.54B2.29B3.25B1.64B1.73B2.82B8.11B2.71B3.03B3.04B3.40B605.00M
Operating Income1.29B1.44B2.32B2.77B4.63B7.03B5.02B8.58B2.42B2.39B2.94B4.42B891.00M2.33B172.00M-1.88B1.07B1.69B598.00M-5.40B1.52B3.85B2.86B1.58B1.89B
Operating Margin39.77%22.87%27.19%26.45%31.74%42.87%23.13%40.74%21.73%26.98%34.76%85.56%15.21%29.07%3.89%-64.46%24.04%28.52%8.89%-88.66%17.54%30.91%26.32%17.25%21.65%
EBITDA1.81B2.66B4.15B5.05B7.39B10.19B9.34B13.86B6.22B5.83B2.79B-2.35B2.12B6.90B-6.07B-364.00M2.63B2.79B2.71B-3.52B2.77B4.98B4.69B4.05B3.35B
EBITDA Margin55.95%42.40%48.74%48.17%50.74%62.16%43.05%65.83%55.93%65.70%32.98%-45.60%36.12%86.08%-137.34%-12.47%59.10%46.91%40.32%-57.91%31.98%39.99%43.09%44.29%38.38%
Net Income818.93M776.75M2.36B3.51B3.43B5.65B3.96B5.94B1.86B1.50B5.00M-2.79B236.00M3.39B-5.17B-944.00M827.00M1.07B234.00M-6.10B1.42B3.64B2.08B1.13B1.24B
Net Income Margin25.25%12.38%27.70%33.49%23.51%34.47%18.24%28.23%16.75%16.90%0.06%-54.15%4.03%42.30%-116.80%-32.35%18.61%18.00%3.48%-100.16%16.35%29.18%19.16%12.29%14.22%
Interest Expense61.99M265.92M287.00M397.00M524.00M396.00M428.00M802.00M405.00M514.00M468.00M522.00M563.00M654.00M449.00M397.00M363.00M351.00M382.00M371.00M340.00M311.00M355.00M412.00M376.00M
Interest Expense % of Total Revenue1.91%4.24%3.37%3.78%3.60%2.41%1.97%3.81%3.64%5.79%5.53%10.12%9.61%8.16%10.15%13.61%8.17%5.91%5.68%6.09%3.93%2.50%3.26%4.50%4.30%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets6.82B19.90B24.11B31.50B34.55B35.12B46.97B47.25B33.83B33.58B23.41B18.70B17.65B24.62B15.64B14.65B15.27B15.34B21.49B14.47B14.05B15.06B19.99B19.25B20.39B
Total Liabilities4.28B11.13B12.83B17.19B18.54B17.65B26.27B24.27B17.21B16.75B14.84B13.40B12.50B14.94B9.48B8.53B8.54B7.90B11.56B10.63B8.98B7.37B9.62B8.92B9.20B
Total Equity2.54B8.76B11.28B14.31B16.01B17.46B20.70B22.97B16.61B17.33B8.58B5.29B5.15B9.69B6.17B6.13B6.73B7.45B9.93B3.84B5.07B7.69B10.37B10.33B11.20B
Cash604.95M134.96M148.00M602.00M105.00M402.00M553.00M383.00M4.28B629.00M800.00M3.18B2.57B338.00M271.00M834.00M719.00M1.06B190.00M10.00M195.00M5.00M3.00M42.00M35.00M
Total Debt1.43B5.11B6.38B7.93B6.78B6.83B9.54B9.01B7.77B7.63B8.15B9.42B9.37B9.36B7.01B5.83B5.92B5.72B8.24B8.01B5.78B4.49B6.68B6.29B7.53B
Net Debt826.93M4.98B6.23B7.34B6.67B6.43B8.99B8.65B3.49B7.00B7.35B6.24B6.80B9.02B6.74B4.99B5.20B4.66B8.05B8.00B5.58B4.49B6.68B6.25B7.49B

Cash Flow

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.74B1.63B4.31B4.59B7.43B7.97B8.43B8.86B7.87B2.37B3.93B3.11B2.29B2.67B1.68B625.00M1.05B2.30B2.92B1.90B3.13B3.87B4.17B3.72B3.65B
Investing Cash Flow-1.09B-2.74B-3.18B-2.94B-4.28B-825.00M-8.18B-7.54B-4.81B-4.73B-3.63B361.00M-1.90B-4.73B-665.00M-29.00M-1.04B-1.55B-2.56B-1.86B-525.00M-1.79B-5.52B-2.46B-2.88B
Financing Cash Flow-206.98M474.85M-822.00M163.00M-3.40B-4.29B-119.00M-1.44B835.00M-1.28B-194.00M-1.11B-909.00M-39.00M-1.05B-38.00M-139.00M-396.00M-1.24B-206.00M-2.42B-2.27B1.36B-1.23B-762.00M
Capital Expenditure1.22B3.14B5.31B4.82B6.92B6.60B8.74B8.25B4.86B4.77B4.61B3.48B2.71B2.53B2.23B1.13B1.80B1.98B2.63B1.74B1.52B1.83B2.74B2.30B2.15B
Free Cash Flow515.96M-1.41B-52.00M-172.00M505.00M1.37B-308.00M989.00M3.25B-2.45B-683.00M-369.00M-423.00M141.00M-551.00M-507.00M-746.00M325.00M295.00M159.00M1.61B2.04B1.42B1.42B1.50B
Dividends Paid809.93M105.97M139.00M183.00M238.00M304.00M603.00M1.20B1.05B590.00M588.00M588.00M401.00M202.00M152.00M51.00M57.00M56.00M102.00M97.00M122.00M239.00M307.00M316.00M308.00M
FCF to OCF29.60%-86.20%-1.21%-3.75%6.80%17.23%-3.65%11.17%41.25%-103.59%-17.39%-11.88%-18.48%5.29%-32.78%-81.12%-71.05%14.13%10.10%8.39%51.45%52.64%34.15%38.11%41.21%
Dividend Paid to FCF156.98%-7.53%-267.31%-106.40%47.13%22.13%-195.78%121.23%32.36%-24.08%-86.09%-159.35%-94.80%143.26%-27.59%-10.06%-7.64%17.23%34.58%61.01%7.58%11.74%21.57%22.28%20.47%

Earnings

Report DateJan 27, 1993Oct 29, 1993Jan 28, 1994Oct 26, 1994Jan 25, 1995Jul 26, 1995Oct 25, 1995Apr 25, 1996Jul 23, 1996Jan 27, 1997Apr 24, 1997Jul 22, 1997Oct 22, 1997Jan 22, 1998Jul 17, 1998Oct 19, 1998Jan 21, 1999Jul 19, 1999Oct 18, 1999Jan 21, 2000Apr 17, 2000Jul 17, 2000Oct 16, 2000Jan 18, 2001Apr 19, 2001Jul 17, 2001Oct 29, 2001Feb 20, 2002Apr 25, 2002Jul 25, 2002Nov 5, 2002Feb 20, 2003May 8, 2003Jul 29, 2003Oct 28, 2003Feb 26, 2004Apr 28, 2004Jul 27, 2004Oct 27, 2004Feb 23, 2005Apr 27, 2005Jul 28, 2005Oct 26, 2005Feb 15, 2006Apr 26, 2006Jul 25, 2006Oct 25, 2006Feb 15, 2007Apr 25, 2007Jul 25, 2007Oct 25, 2007Feb 14, 2008Apr 22, 2008Jul 24, 2008Oct 23, 2008Feb 12, 2009Apr 22, 2009Jul 23, 2009Nov 12, 2009Feb 11, 2010Apr 21, 2010Jul 21, 2010Oct 20, 2010Feb 10, 2011Apr 20, 2011Jul 21, 2011Oct 20, 2011Feb 17, 2012Apr 25, 2012Jul 25, 2012Oct 24, 2012Feb 14, 2013Apr 23, 2013Jul 24, 2013Oct 23, 2013Feb 13, 2014May 13, 2014Jul 24, 2014Nov 12, 2014Feb 25, 2015May 12, 2015Jul 24, 2015Nov 12, 2015Feb 24, 2016May 3, 2016Jul 21, 2016Nov 3, 2016Feb 16, 2017May 2, 2017Jul 21, 2017Nov 8, 2017Feb 15, 2018May 1, 2018Aug 1, 2018Nov 1, 2018Feb 28, 2019Apr 30, 2019Jul 31, 2019Oct 31, 2019Feb 19, 2020May 7, 2020Jul 28, 2020Oct 28, 2020Feb 17, 2021Apr 27, 2021Jul 27, 2021Nov 2, 2021Feb 24, 2022May 10, 2022Aug 3, 2022Nov 8, 2022Feb 27, 2023May 15, 2023Jul 27, 2023Nov 7, 2023Feb 27, 2024May 7, 2024Jul 30, 2024Nov 7, 2024Feb 25, 2025May 6, 2025Jul 24, 2025Nov 4, 2025Feb 23, 2026May 11, 2026Jul 23, 2026Nov 3, 2026
EPS Estimate0.380.590.550.881.090.811.940.750.790.791.220.900.750.810.030.250.600.390.490.870.831.161.291.652.891.741.600.910.640.940.851.602.721.951.801.402.292.012.583.483.143.815.506.344.744.244.784.275.016.015.856.556.459.378.793.863.104.875.652.391.530.991.030.640.670.720.510.400.650.921.331.700.320.880.840.962.721.172.201.05-0.49-0.70-0.260.01-0.62-0.43-0.130.130.130.170.300.520.690.600.710.850.430.880.670.740.09-0.46-0.180.530.961.121.511.642.492.681.921.781.840.841.811.951.411.311.171.191.181.020.961.011.831.911.75
EPS Actual0.700.540.550.910.650.650.500.860.651.211.350.680.570.680.330.180.550.420.671.001.231.411.932.233.012.681.720.550.581.081.161.462.921.441.561.652.502.033.003.082.853.654.007.304.004.904.904.205.509.006.355.606.959.809.603.006.306.105.155.352.800.550.650.450.101.100.800.301.651.351.802.001.201.701.001.553.501.151.900.250.05-1.00-0.150.65-0.750.500.200.450.550.930.100.600.801.030.851.600.701.050.750.810.10-0.43-0.030.701.101.111.501.252.172.411.440.891.810.931.742.351.431.231.851.351.421.021.031.392.001.74-
Surprise84.21%-8.47%0.00%3.41%-40.37%-19.75%-74.23%14.67%-17.72%53.16%10.66%-24.44%-24.00%-16.05%1000.00%-28.00%-8.33%7.69%36.73%14.94%48.19%21.55%49.61%35.15%4.15%54.02%7.50%-39.56%-9.38%14.89%36.47%-8.75%7.35%-26.15%-13.33%17.86%9.17%0.99%16.28%-11.49%-9.24%-4.20%-27.27%15.14%-15.61%15.57%2.51%-1.64%9.78%49.75%8.55%-14.50%7.75%4.59%9.21%-22.28%103.23%25.26%-8.85%123.85%83.01%-44.44%-36.89%-29.69%-85.07%52.78%56.86%-25.00%153.85%46.74%35.34%17.65%275.00%93.18%19.05%61.46%28.68%-1.71%-13.64%-76.19%110.20%-42.86%42.31%6400.00%-20.97%216.28%253.85%246.15%323.08%447.06%-66.67%15.38%15.94%71.67%19.72%88.24%62.79%19.32%11.94%9.46%11.11%6.52%83.33%32.08%14.58%-0.89%-0.66%-23.78%-12.85%-10.07%-25.00%-50.00%-1.63%10.71%-3.87%20.51%1.42%-6.11%58.12%13.54%20.34%0.00%7.29%37.62%9.29%-8.90%-
Timing-------Pre-marketPre-marketPre-market------------------Pre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketAfter-hours-After-hoursPre-marketPre-market-Pre-marketPre-marketPre-marketAfter-hours-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap19.99B
Enterprise Value21.75B
Trailing P/E20.13
Forward P/E9.44
PEG Ratio3.94
Price / Sales2.10
Price / Book1.52
EPS3.59
Book Value41.57
Revenue (TTM)9.52B
Gross Profit (TTM)5.13B
EBITDA4.88B
Profit Margin9.66%
Operating Margin36.18%
Return on Equity8.41%
Return on Assets8.64%
Shares Outstanding276.60M
Shares Float274.07M
Beta0.66
Dividend Yield1.66%
Dividend Rate1.20
Payout Ratio19.48%

Analyst Ratings

Buy
Based on 27 analystsTarget 80.30
  • Strong Buy
    16
  • Buy
    5
  • Hold
    6

Ownership Breakdown

Institutions
98.23%
Insiders
0.47%
Retail / Other
1.30%

Top Institutional Holders

  • BlackRock Inc
    27.03M9.77%
  • FMR Inc
    25.75M9.31%
  • Capital Research Global Investors
    19.45M7.03%
  • Vanguard Portfolio Management, LLC
    14.46M5.23%
  • Vanguard Capital Management, LLC
    12.63M4.57%
  • Dimensional Fund Advisors, Inc.
    10.41M3.76%
  • State Street Corp
    10.03M3.63%
  • T. Rowe Price Associates, Inc.
    9.10M3.29%
  • Hotchkis & Wiley Capital Management LLC
    8.70M3.14%
  • Amvescap Plc.
    6.96M2.52%
  • Geode Capital Management, LLC
    5.42M1.96%
  • Arrowstreet Capital Limited Partnership
    5.07M1.83%
  • Millennium Management LLC
    4.57M1.65%
  • Adage Capital Partners Gp LLC
    4.37M1.58%
  • Merewether Investment Management, LP
    4.36M1.58%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    9.81M3.55%
  • Vanguard MStar Total Stk Mkt Idx Invest
    8.92M3.23%
  • Vanguard Small Cap Index
    6.20M2.24%
  • Strategic Advisers Fidelity US TtlStk
    5.02M1.82%
  • Vanguard Windsor II Inv
    4.66M1.69%

Dividends

20263×
0.30Sep 15, 20260.30Jun 15, 20260.30Mar 13, 2026
20254×
0.30Dec 15, 20250.30Sep 15, 20250.30Jun 13, 20250.30Mar 14, 2025
20244×
0.30Dec 13, 20240.30Sep 13, 20240.30Jun 14, 20240.30Mar 14, 2024
20234×
0.30Dec 14, 20230.30Sep 14, 20230.30Jun 14, 20230.25Mar 14, 2023
20224×
0.25Dec 14, 20220.25Sep 14, 20220.25Jun 14, 20220.20Mar 14, 2022
20214×
0.14Dec 14, 20210.14Sep 14, 20210.09Jun 14, 20210.09Mar 12, 2021
20201×
0.09Dec 14, 2020

Stock Splits

  • Jan 27, 20201:5
  • May 23, 20052:1