Ratings Ovintiv Inc. Toronto S.E.

Equities

OVV

US69047Q1022

Delayed Toronto S.E. Other stock markets 11:17:24 2024-04-24 am EDT			5-day change	1st Jan Change
72.22 ^CAD	+0.19%		+1.02%	+23.85%

Apr. 15	Morgan Stanley Raises Price Target on Ovintiv to $53 From $49, Keeps Equalweight Rating	MT
Apr. 12	Ovintiv Maintained at Buy at TPH Ahead of Q1 Results; Price Target at US$66.00	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's high margin levels account for strong profits.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company has a low valuation given the cash flows generated by its activity.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The company's earnings growth outlook lacks momentum and is a weakness.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
OVINTIV INC.	+23.85%	14.19B	B
CHEVRON CORPORATION	+8.92%	301B	A-
CONOCOPHILLIPS	+10.77%	152B	C
CNOOC LIMITED	+44.00%	116B	B+
CANADIAN NATURAL RESOURCES LIMITED	+21.05%	82.55B	B
EOG RESOURCES, INC.	+11.17%	77.54B	B-
PIONEER NATURAL RESOURCES COMPANY	+21.68%	64.3B	B-
OCCIDENTAL PETROLEUM CORPORATION	+12.36%	59.74B	C+
HESS CORPORATION	+9.00%	48.19B	A-
DIAMONDBACK ENERGY, INC.	+32.18%	36.47B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes