Ovintiv Net Worth
Ovintiv Net Worth Breakdown | OVV |
Ovintiv Net Worth Analysis
Ovintiv's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Ovintiv's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Ovintiv's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Ovintiv's net worth analysis. One common approach is to calculate Ovintiv's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Ovintiv's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Ovintiv's net worth. This approach calculates the present value of Ovintiv's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Ovintiv's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Ovintiv's net worth. This involves comparing Ovintiv's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Ovintiv's net worth relative to its peers.
Enterprise Value |
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To determine if Ovintiv is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ovintiv's net worth research are outlined below:
| Ovintiv has 6.29 B in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Ovintiv has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ovintiv to invest in growth at high rates of return. | |
| Over 87.0% of Ovintiv shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Ovintiv Inc Stock Price Up 4.7 percent on Mar 17 |
Ovintiv Quarterly Good Will |
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Ovintiv uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ovintiv. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ovintiv's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Ovintiv Target Price Consensus
Ovintiv target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Ovintiv's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 21 | Strong Buy |
Most Ovintiv analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Ovintiv stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Ovintiv, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationOvintiv Target Price Projection
Ovintiv's current and average target prices are 42.12 and 57.99, respectively. The current price of Ovintiv is the price at which Ovintiv is currently trading. On the other hand, Ovintiv's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Ovintiv Target Price
Know Ovintiv's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ovintiv is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ovintiv backward and forwards among themselves. Ovintiv's institutional investor refers to the entity that pools money to purchase Ovintiv's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | |||
| Bank Of New York Mellon Corp | 2024-12-31 | 2.9 M | |
| Holocene Advisors, Lp | 2024-12-31 | 2.7 M | |
| Northern Trust Corp | 2024-12-31 | 2.6 M | |
| Alyeska Investment Group, L.p. | 2024-12-31 | 2.6 M | |
| T. Rowe Price Associates, Inc. | 2024-12-31 | 2.5 M | |
| Millennium Management Llc | 2024-12-31 | 2.4 M | |
| Morgan Stanley - Brokerage Accounts | 2024-12-31 | 2.2 M | |
| Woodline Partners Lp | 2024-12-31 | 2.2 M | |
| Charles Schwab Investment Management Inc | 2024-12-31 | 1.9 M | |
| Blackrock Inc | 2024-12-31 | 31.3 M | |
| Vanguard Group Inc | 2024-12-31 | 29.5 M |
Follow Ovintiv's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 11.03 B.Market Cap |
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Project Ovintiv's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.04 | |
| Return On Capital Employed | 0.10 | 0.13 | |
| Return On Assets | 0.06 | 0.04 | |
| Return On Equity | 0.11 | 0.11 |
When accessing Ovintiv's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Ovintiv's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ovintiv's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Ovintiv's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ovintiv. Check Ovintiv's Beneish M Score to see the likelihood of Ovintiv's management manipulating its earnings.
Evaluate Ovintiv's management efficiency
Ovintiv has Return on Asset of 0.0656 % which means that on every $100 spent on assets, it made $0.0656 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1087 %, implying that it generated $0.1087 on every 100 dollars invested. Ovintiv's management efficiency ratios could be used to measure how well Ovintiv manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Ovintiv's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.11 in 2025, whereas Return On Tangible Assets are likely to drop 0.04 in 2025. Total Current Assets is likely to climb to about 2.4 B in 2025, whereas Total Assets are likely to drop slightly above 18.8 B in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 39.04 | 66.43 | |
| Tangible Book Value Per Share | 29.42 | 52.87 | |
| Enterprise Value Over EBITDA | 4.19 | 4.40 | |
| Price Book Value Ratio | 1.04 | 1.07 | |
| Enterprise Value Multiple | 4.19 | 4.40 | |
| Price Fair Value | 1.04 | 1.07 | |
| Enterprise Value | 12.9 B | 14.1 B |
The leadership approach at Ovintiv's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Enterprise Value Revenue 1.8878 | Revenue | Quarterly Revenue Growth (0.22) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ovintiv insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ovintiv's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ovintiv insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ovintiv Corporate Filings
| 20th of March 2025 Other Reports | ViewVerify | |
F4 | 11th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 27th of February 2025 An amendment to a previously filed Form 8-K | ViewVerify |
8K | 26th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Ovintiv Earnings per Share Projection vs Actual
Ovintiv Corporate Management
| Rachel CHRP | Executive Services | Profile | |
| Brendan McCracken | Executive Vice President - Corporate Development and External Relations | Profile | |
| Michael McAllister | President | Profile | |
| Joanne Alexander | Executive Vice President General Counsel, Corporate Secretary | Profile | |
| Renee Zemljak | Executive Vice President of Midstream, Marketing and Fundamentals | Profile |
Additional Tools for Ovintiv Stock Analysis
When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.