Ovintiv Stock Today

OVV Stock  USD 45.74  0.17  0.37%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 29

 
High
 
Low
Below Average
Ovintiv is selling for under 45.74 as of the 17th of January 2025; that is 0.37 percent decrease since the beginning of the trading day. The stock's lowest day price was 45.36. Ovintiv has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 18th of December 2024 and ending today, the 17th of January 2025. Click here to learn more.
Business Domain
Energy
IPO Date
8th of April 2002
Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado. Ovintiv operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. The company has 260.32 M outstanding shares of which 4.61 M shares are now shorted by investors with about 1.58 days to cover. More on Ovintiv

Moving together with Ovintiv Stock

  0.92PR Permian ResourcesPairCorr
  0.77SD SandRidge EnergyPairCorr
  0.81SM SM EnergyPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Ovintiv Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEODouglas Suttles
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, ARCA Natural Gas, SP OIL GAS, SP Midcap 400, Thomson Reuters Canada, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.470.61
Significantly Down
Pretty Stable
Gross Profit Margin0.430.42
Fairly Up
Slightly volatile
Net Debt6.9 B7.7 B
Moderately Down
Pretty Stable
Total Current Liabilities2.3 B2.5 B
Moderately Down
Pretty Stable
Non Current Liabilities Total8.3 B6.1 B
Significantly Up
Slightly volatile
Total Assets18.9 B18 B
Sufficiently Up
Very volatile
Total Current Assets2.4 B1.5 B
Way Up
Slightly volatile
Total Cash From Operating Activities3.1 B3.8 B
Significantly Down
Slightly volatile
Debt Levels
Ovintiv can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ovintiv's financial leverage. It provides some insight into what part of Ovintiv's total assets is financed by creditors.
Liquidity
Ovintiv has 6.68 B in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Ovintiv has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ovintiv to invest in growth at high rates of return.

Other Non Cash Items

(190.09 Million)
Ovintiv (OVV) is traded on New York Stock Exchange in USA. It is located in 370 17th Street, Denver, CO, United States, 80202 and employs 1,743 people. Ovintiv is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 11.95 B. Ovintiv runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 260.32 M outstanding shares of which 4.61 M shares are now shorted by investors with about 1.58 days to cover. Ovintiv has about 5 M in cash with 4.17 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Ovintiv Probability Of Bankruptcy
Ownership Allocation
Ovintiv owns a total of 260.32 Million outstanding shares. The majority of Ovintiv outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Ovintiv to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ovintiv. Please pay attention to any change in the institutional holdings of Ovintiv as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ovintiv Ownership Details

Ovintiv Stock Institutional Holders

InstituionRecorded OnShares
Woodline Partners Lp2024-09-30
M
Bank Of New York Mellon Corp2024-09-30
2.9 M
Holocene Advisors, Lp2024-09-30
2.4 M
Mariner Wealth Advisors Llc2024-09-30
2.3 M
Northern Trust Corp2024-09-30
2.1 M
Bank Of America Corp2024-09-30
M
Aqr Capital Management Llc2024-09-30
1.9 M
Charles Schwab Investment Management Inc2024-09-30
1.9 M
Goldman Sachs Group Inc2024-09-30
1.8 M
Blackrock Inc2024-09-30
31 M
Vanguard Group Inc2024-09-30
29 M
View Ovintiv Diagnostics

Ovintiv Historical Income Statement

At this time, Ovintiv's Interest Expense is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 2.4 B in 2025, whereas Total Revenue is likely to drop slightly above 7.9 B in 2025. View More Fundamentals

Ovintiv Stock Against Markets

Ovintiv Corporate Management

Rachel CHRPExecutive ServicesProfile
Brendan McCrackenExecutive Vice President - Corporate Development and External RelationsProfile
Michael McAllisterPresidentProfile
Joanne AlexanderExecutive Vice President General Counsel, Corporate SecretaryProfile
Renee ZemljakExecutive Vice President of Midstream, Marketing and FundamentalsProfile

Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.