Ovintiv Inc. (OVV)

Last Closing Price: 51.98 (2024-04-19)

Company Description

Ovintiv Inc. is an independent energy producer, which explores and churns out oil and natural gas from diverse assets located in the U.S. and Canada. Ovintiv acquired Newfield Exploration. A significant portion of the company's output comes from 3 core unconventional positions in N. America, Montney in British Columbia and Alberta, Anadarko Basin in Oklahoma and the Permian Basin in New Mexico. Its multi-basin premium portfolio also include acreage in N. Dakota's Bakken Shale and the Eagle Ford in Texas. It focuses on growth through a combination of acquisitions and active drilling. The company has consistently posted some of the strongest operational and financial results among the independent oil and gas producers.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $10.88B
Net Income (Most Recent Fiscal Year) $2.08B
PE Ratio (Current Year Earnings Estimate) 8.11
PE Ratio (Trailing 12 Months) 7.53
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 1.27
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.36
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 3.87
Pre-Tax Margin (Trailing 12 Months) 23.06%
Net Margin (Trailing 12 Months) 19.16%
Return on Equity (Trailing 12 Months) 19.50%
Return on Assets (Trailing 12 Months) 9.71%
Current Ratio (Most Recent Fiscal Quarter) 0.60
Quick Ratio (Most Recent Fiscal Quarter) 0.60
Debt to Common Equity (Most Recent Fiscal Quarter) 0.53
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $38.00
Earnings per Share (Most Recent Fiscal Quarter) $2.35
Earnings per Share (Most Recent Fiscal Year) $6.86
Diluted Earnings per Share (Trailing 12 Months) $7.89
Stock
Exchange NYSE
Sector Energy
Industry Oil & Gas E&P
Common Shares Outstanding 268.95M
Free Float 264.38M
Market Capitalization $13.86B
Average Volume (Last 20 Days) 2.82M
Beta (Past 60 Months) 2.65
Percentage Held By Insiders (Latest Annual Proxy Report) 1.70%
Percentage Held By Institutions (Latest 13F Reports) 83.81%
Annual Dividend (Based on Last Quarter) $1.20
Dividend Yield (Based on Last Quarter) 2.33%