Ovintiv Inc
General ticker "OVV" information:
- Sector: Energy
- Industry: Oil, Gas & Consumable Fuels
- Capitalization: $11.1B
Ovintiv Inc does not follow the US Stock Market performance with the rate: -4.3%.
Estimated limits based on current volatility of 1.5%: low 37.74$, high 38.92$
Factors to consider:
- Company pays dividends: last record date 2024-12-13, amount 0.30$ (Y3.18%)
- US accounted for 76.7% of revenue in the fiscal year ended 2022-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [34.63$, 55.93$]
- 2024-12-30 to 2025-12-30 estimated range: [38.28$, 60.57$]
Financial Metrics affecting the OVV estimates:
- Positive: Non-GAAP EPS, $ of 6.83 > 2.29
- Positive: Operating cash flow per share per price, % of 37.15 > 12.76
- Positive: Operating profit margin, % of 26.86 > 19.51
- Negative: Investing cash flow per share, $ of -21.24 <= -3.48
- Positive: Inventory ratio change, % of -8.79 <= -1.03
- Negative: Interest expense per share, $ of 1.37 > 0.74
Short-term OVV quotes
Long-term OVV plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $8,658.00MM | $12,464.00MM | $10,661.00MM |
| Operating Expenses | $7,139.00MM | $8,611.00MM | $7,797.00MM |
| Operating Income | $1,519.00MM | $3,853.00MM | $2,864.00MM |
| Non-Operating Income | $-280.00MM | $-293.00MM | $-354.00MM |
| Interest Expense | $340.00MM | $311.00MM | $355.00MM |
| Income(Loss) | $1,239.00MM | $3,560.00MM | $2,510.00MM |
| Taxes | $-177.00MM | $-77.00MM | $425.00MM |
| Profit(Loss) | $1,416.00MM | $3,637.00MM | $2,085.00MM |
| Stockholders Equity | $5,074.00MM | $7,689.00MM | $10,370.00MM |
| Inventory | $9.00MM | $0.00MM | $0.00MM |
| Assets | $14,055.00MM | $15,056.00MM | $19,987.00MM |
| Operating Cash Flow | $3,129.00MM | $3,866.00MM | $4,167.00MM |
| Capital expenditure | $1,519.00MM | $1,831.00MM | $2,744.00MM |
| Investing Cash Flow | $-525.00MM | $-1,786.00MM | $-5,519.00MM |
| Financing Cash Flow | $-2,419.00MM | $-2,268.00MM | $1,359.00MM |
| Earnings Per Share* | $5.44 | $14.34 | $8.02 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.