Ovintiv Inc.

NYQ: OVV
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📈 ZcoreAI Score

Our AI model analyzes Ovintiv Inc.'s price action across multiple timeframes using regression channels and statistical scoring.

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About Ovintiv Inc.

Energy Oil & Gas E&P
Ovintiv Inc., together with its subsidiaries, operates as an oil and natural gas exploration and production company in North America. The company operates through USA Operations and Canadian Operations segments. It is involved in the exploration, development, production, and marketing of oil, NGLs, natural gas and other related activities in the Permian in West Texas and Anadarko in West-central Oklahoma in the United States, as well as in northwest Alberta and northeast British Columbia. 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.

📊 Fundamental Analysis

Ovintiv Inc. demonstrates a healthy profit margin of 14.3%.

The company recently reported -6.0% revenue growth, which is negative, indicating a recent decline in revenue.

Return on Equity (ROE) is 11.5%, which suggests room for improvement in capital utilization.

At a current price of $56.09, OVV currently sits at the 79th percentile of its 52-week range (Range: $31.90 - $62.60).

💰 Valuation Insight

OVV is valued broadly in line with the sector at a PE of 11.73. Analysts expect earnings growth, as indicated by a lower forward PE.

🏥 Financial Health

⚠️ Profit Margin Moderate
Debt/Equity Excellent
🔴 Revenue Growth Weak
🔴 Return on Equity Weak
Beta (Risk) Low Volatility

Key Financials

Market Cap
$15.89B
Trailing P/E
11.73
Forward P/E
7.51
Beta (5Y)
0.60
52W High
$62.60
52W Low
$31.90
Avg Volume
5.10M
Day High
Day Low
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