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Ovintiv Inc is an oil & gas e&p business based in the US. Ovintiv shares (OVV) are listed on the NYSE and all prices are listed in US Dollars. Ovintiv employs 1,713 staff and has a trailing 12-month revenue of around $13.2 billion.
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| Latest market close | $44.71 |
|---|---|
| 52-week range | $29.12 - $62.72 |
| 50-day moving average | $49.35 |
| 200-day moving average | $46.34 |
| Wall St. target price | $70.96 |
| PE ratio | 4.6376 |
| Dividend yield | $0.73 (2.35%) |
| Earnings per share (TTM) | $9.19 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $44.71 from 2022-09-28
| 1 week (2022-09-23) | 4.90% |
|---|---|
| 1 month (2022-08-30) | -15.37% |
| 3 months (2022-06-30) | 1.18% |
| 6 months (2022-03-28) | -16.96% |
| 1 year (2021-09-30) | 35.98% |
|---|---|
| 2 years (2020-09-30) | 447.92% |
| 3 years (2019-09-30) | 871.96% |
| 5 years (2017-09-29) | 279.54% |
Valuing Ovintiv stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ovintiv's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ovintiv's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Ovintiv shares trade at around 5x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Ovintiv's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.9 billion.
The EBITDA is a measure of a Ovintiv's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $13.2 billion |
|---|---|
| Operating margin TTM | 20.88% |
| Gross profit TTM | $5.1 billion |
| Return on assets TTM | 11.98% |
| Return on equity TTM | 49.78% |
| Profit margin | 18.44% |
| Book value | $22.75 |
| Market capitalisation | $10.8 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Ovintiv.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 43.51
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Ovintiv's overall score of 43.51 (as at 12/31/2018) is pretty weak – landing it in it in the 79th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Ovintiv is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 25.83/100
Ovintiv's environmental score of 25.83 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Ovintiv is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 16.23/100
Ovintiv's social score of 16.23 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Ovintiv is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 14.45/100
Ovintiv's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Ovintiv is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Ovintiv scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Ovintiv has, for the most part, managed to keep its nose clean.
Ovintiv Inc was last rated for ESG on: 2019-01-01.
| Total ESG score | 43.51 |
|---|---|
| Total ESG percentile | 78.6 |
| Environmental score | 25.83 |
| Environmental score percentile | 9 |
| Social score | 16.23 |
| Social score percentile | 9 |
| Governance score | 14.45 |
| Governance score percentile | 9 |
| Level of controversy | 2 |
Dividend payout ratio: 11.46% of net profits
Recently Ovintiv has paid out, on average, around 11.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.35% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ovintiv shareholders could enjoy a 2.35% return on their shares, in the form of dividend payments. In Ovintiv's case, that would currently equate to about $0.73 per share.
While Ovintiv's payout ratio might seem low, this can signify that Ovintiv is investing more in its future growth.
Ovintiv's most recent dividend payout was on 29 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 13 September 2022 (the "ex-dividend date").
Ovintiv's shares were split on a 1:5 basis on 26 January 2020. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Ovintiv shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Ovintiv shares which in turn could have impacted Ovintiv's share price.
Over the last 12 months, Ovintiv's shares have ranged in value from as little as $29.1205 up to $62.7164. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ovintiv's is 3.9636. This would suggest that Ovintiv's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Ovintiv Inc. , together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. 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 Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020.
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