How to buy Ovintiv stock (OVV)

Ovintiv 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. Its last market close was $37.78 – a decrease of 6.74% over the previous week. Ovintiv employs 1,743 staff and has a trailing 12-month revenue of around $9.6 billion.

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Ovintiv stock price (NYSE: OVV)

Use our graph to track the performance of OVV stocks over time.

Ovintiv shares at a glance

• Key figures

Information last updated 2024-12-19.

Latest market close	$37.78
52-week range	$36.64 - $54.76
50-day moving average more info button	$42.12
200-day moving average more info button	$45.84
Wall St. target price	$58.43
PE ratio more info button	5.0145
Dividend yield more info button	$1.2 (3.16%)
Earnings per share (TTM) more info button	$7.58

Is it a good time to buy Ovintiv stock?

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.

Ovintiv price performance over time

Historical closes compared with the close of $37.78 from 2024-12-20

1 week (2024-12-13)	-6.74%
1 month (2024-11-22)	-19.12%
3 months (2024-09-20)	-6.76%
6 months (2024-06-21)	-17.96%

1 year (2023-12-22)	-13.78%
2 years (2022-12-22)	-19.69%
3 years (2021-12-22)	25.27%
5 years (2019-12-20)	102.32%

Is Ovintiv stock undervalued or overvalued?

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 P/E ratio

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

Ovintiv's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.1 billion.

The EBITDA is a measure of a Ovintiv's overall financial performance and is widely used to measure a its profitability.

Ovintiv financials

Revenue TTM	$9.6 billion
Operating margin TTM	24.2%
Gross profit TTM	$7.3 billion
Return on assets TTM	8.68%
Return on equity TTM	20.2%
Profit margin	21.35%
Book value	$40.92
Market Capitalization more info button	$9.9 billion

TTM: trailing 12 months

Ovintiv share dividends

Dividend payout ratio: 16.11% of net profits

Recently Ovintiv has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Ovintiv's case, that would currently equate to about $1.2 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 30 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 12 December 2024 (the "ex-dividend date").

Have Ovintiv's shares ever split?

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.

Ovintiv share price volatility

Over the last 12 months, Ovintiv's shares have ranged in value from as little as $36.6369 up to $54.7608. 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 2.641. This would suggest that Ovintiv's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Ovintiv overview

Ovintiv Inc. , together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. In addition, the company's upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020.

Frequently asked questions

What percentage of Ovintiv is owned by insiders or institutions?
Currently 0.494% of Ovintiv shares are held by insiders and 83.905% by institutions. How many people work for Ovintiv?
Latest data suggests 1,743 work at Ovintiv. When does the fiscal year end for Ovintiv?
Ovintiv's fiscal year ends in December. Where is Ovintiv based?
Ovintiv's address is: 370 17th Street, Denver, CO, United States, 80202 What is Ovintiv's ISIN number?
Ovintiv's international securities identification number is: US69047Q1022 What is Ovintiv's CUSIP number?
Ovintiv's Committee on Uniform Securities Identification Procedures number is: 69047Q102