Ovintiv Inc.

Equities

OVV

US69047Q1022

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:02 2024-06-14 pm EDT			5-day change	1st Jan Change
45.81 ^USD	-1.55%		-3.82%	+4.30%

Jun. 14	Investors need more time to assess Fed comments
Jun. 14	Evercore ISI Upgrades Ovintiv to Outperform From In Line, Price Target is $60	MT

Tranche Update on Ovintiv Inc.'s Equity Buyback Plan announced on September 26, 2023.

May 07, 2024 at 05:09 pm EDT

From January 1, 2024 to March 31, 2024, the company has repurchased 5,375,127 shares, representing 1.98% for $248.06 million. With this, the company has completed the repurchase of 6,579,672 shares, representing 2.42% for $301.06 million under the buyback announced on September 26, 2023.

Latest news about Ovintiv Inc.

Investors need more time to assess Fed comments	Jun. 14
Evercore ISI Upgrades Ovintiv to Outperform From In Line, Price Target is $60	Jun. 14	MT
ANALYST RECOMMENDATIONS : Adobe, Bank of America, Boeing, Nvidia, Wise...	Jun. 14
TD Cowen Raises Price Target on Ovintiv to $66 From $64, Maintains Buy Rating	Jun. 10	MT
Ovintiv Maintained at Buy at TPH as It Models Second-Quarter Results; Price Target at US$67.00	May. 22	MT
Ovintiv Insider Sold Shares Worth $600,000, According to a Recent SEC Filing	May. 15	MT
Ovintiv Maintained at Buy at UBS Following First-Quarter Results; Price Target Raised to US$70.00	May. 15	MT
UBS Adjusts Ovintiv Price Target to $70 From $69, Maintains Buy Rating	May. 15	MT
Mizuho Securities Raises Price Target on Ovintiv to $64 From $58, Keeps Buy Rating	May. 13	MT
Ovintiv's Price Target Raised to US$62 from US$60 by RBC Capital Markets	May. 09	MT
RBC Raises Price Target on Ovintiv to $62 From $60, Keeps Sector Perform Rating	May. 09	MT
Ovintiv Maintained at Sector Perform at RBC Following Q1 Results; Price Target Kept at US$60.00	May. 08	MT
Ovintiv Maintained at Outperform at National Bank Following First-Quarter Results; Price Target Kept at US$68.00	May. 08	MT
Ovintiv Maintained at Buy at TPH Following First-Quarter Results; Price Target at US$66.00	May. 08	MT
Transcript : Ovintiv Inc., Q1 2024 Earnings Call, May 08, 2024	May. 08
Ovintiv Q1 Net Earnings, Revenue Fall	May. 07	MT
Ovintiv Brief: Raised full year production guidance to 560 MBOE/d to 575 MBOE/d while leaving capital guidance unchanged at $2.2 billion to $2.4 billion	May. 07	MT
Ovintiv Brief: Says Q1 production was at the high-end or above the guidance range on every product	May. 07	MT
Ovintiv Brief: Generated Q1 net earnings of $338 million, cash from operating activities of $659 million, Non-GAAP Cash Flow of $1,035 million and Non-GAAP Free Cash Flow of $444 million after capital expenditures of $591 million	May. 07	MT
Tranche Update on Ovintiv Inc.'s Equity Buyback Plan announced on September 26, 2023.	May. 07	CI
Ovintiv Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 07	CI
Ovintiv Inc. Reports Production Results for the First Quarter Ended March 31, 2024	May. 07	CI
Ovintiv Inc. Declares Quarterly Dividend, Payable on June 28, 2024	May. 07	CI
Ovintiv Inc. Provides Production Guidance for the Second Quarter and Raises Production Guidance for the Year 2024	May. 07	CI
Ovintiv Receives Sector Perform Rating from RBC Capital Markets Ahead of Q1 Results	May. 03	MT

Chart Ovintiv Inc.

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Company Profile

Ovintiv Inc. is an oil and natural gas exploration and production company. The Company is focused on the development of its multi-basin portfolio of top tier oil and natural gas assets located in the United States and Canada. Its operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. Its segments include USA Operations, Canadian Operations, and Market Optimization. USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other activities within Canada. Market Optimization segment is primarily responsible for the sale of the Companyâs production to third-party customers and enhancing the associated netback price. The segmentâs activities also include third-party purchases and sales of product to provide operational flexibility.

Sector

Oil & Gas Exploration and Production

Calendar

2024-07-23 - Q2 2024 Earnings Release (Projected)

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Ratings for Ovintiv Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

45.81 USD

Average target price

62.47 USD

Spread / Average Target

+36.36%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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