FMP
Ovintiv Inc.
OVV
NYSE
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. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.
34.67 USD
0.14 (0.404%)
Alex Lavoie
Mar 28, 2025
Ovintiv Inc. (NYSE: OVV) is a prominent player in the oil and gas industry, focusing on the exploration and production of natural resources. The company is set to host its first quarter 2025 results conference call on May 7, 2025, at 8:00 a.m. MT. The financial and operating results will be released after the market closes on May 6, 2025. Investors can access supplemental slides and financial statements on Ovintiv's website. Recently, Ovintiv received a positive outlook from BMO Capital, which ...
Stuart Mooney
Jan 27, 2025
Ovintiv Inc. (NYSE:OVV) is a prominent player in the energy sector, primarily engaged in the exploration and production of oil and natural gas. The company operates across North America, with a focus on maximizing resource value and operational efficiency. Ovintiv competes with other major energy companies like ExxonMobil and Chevron, striving to maintain a competitive edge through innovation and strategic resource management. OVV's recent performance has been impressive, with a monthly gain of...
Davit Kirakosyan
Oct 28, 2024
Truist Securities analysts maintained their Buy rating and a $47 price target for Ovintiv (NYSE:OVV), citing steady production and strong free cash flow generation. The analysts expect Ovintiv's third-quarter performance to align with company expectations, driven by stable production levels and ongoing operational efficiencies. The analysts highlighted a significant reduction in capital spending during Q3 2024, which is expected to continue in the coming quarters. This lower spending, combined w...
Zacks Investment Research
Aug 23, 2024
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on companies like CNQ, OVV and BTE.
Zacks Investment Research
Aug 22, 2024
Ovintiv (OVV) considers selling its Uinta Basin operations for up to $2 billion to focus on higher-growth regions like the Permian Basin.
Seeking Alpha
Aug 6, 2024
Ovintiv raised its guidance for 2024 and has shown impressive business growth in the last decade. The company's asset growth, FCF growth, and debt reduction indicate proven expertise in the industry. Recent announcements about reductions in expenses and new well improvement technologies could accelerate FCF growth, making OVV stock appear undervalued.
Zacks Investment Research
Aug 1, 2024
Ovintiv (OVV) expects capital expenditure in the $530-$570 million range for the third quarter of 2024 and between $2.25 and $2.35 billion for the full year.
Zacks Investment Research
Jul 30, 2024
Ovintiv (OVV) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $0.93 per share a year ago.
PRNewsWire
Jul 11, 2024
DENVER , July 11, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its second quarter 2024 results conference call at 8:00 a.m. MT, on Wednesday July 31, 2024.
Seeking Alpha
Jun 16, 2024
This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.