OV

Ovintiv IncNYSE OVV Stock Report

Last reporting period 30 Sep, 2024

Updated 13 Nov, 2024

Last price

Market cap $B

10.729

Large

Exchange

XNYS - New York Stock Exchange, Inc

OVV Stock Analysis

OV

Neutral

Based on Eyestock quantitative analysis, OVV`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

63/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-8.7 %

Overvalued

Market cap $B

10.729

Dividend yield

3.63 %

Shares outstanding

243.64 B

Ovintiv, Inc. engages in the production and development of oil, natural gas liquids and natural gas producing plays. The company is headquartered in Denver, Colorado and currently employs 1,744 full-time employees. The company went IPO on 2001-08-21. The firm 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. The firm operates through three segments: 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 related activities within Canada. Market Optimization segment is primarily responsible for the sale of the Company’s production to third-party customers and enhancing the associated netback price. The segment’s activities also include third-party purchases and sales of products.

View Section: Eyestock Rating