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Tag: OVV

  • Ovintiv Inc. (OVV) Stock Analysis: Exploring a Potential 30% Upside in the Energy Sector

    Ovintiv Inc. (OVV) Stock Analysis: Exploring a Potential 30% Upside in the Energy Sector

    Ovintiv Inc. (DE) (NYSE: OVV), a prominent player in the North American energy sector, stands out with a promising potential upside of 30.84%. As investors search for opportunities amidst market volatility, Ovintiv’s financial and operational metrics offer a compelling case for consideration.

    Operating in the Oil & Gas Exploration & Production (E&P) industry, Ovintiv has a market capitalization of $10.13 billion. The company is headquartered in Denver, Colorado, and is firmly rooted in the United States’ energy landscape. Its current stock price is $38.98, which reflects a minor dip of 0.36 (-0.01%) in the latest trading session. The stock has traded between $31.18 and $51.67 over the past year, suggesting a solid range that investors can navigate.

    From a valuation perspective, Ovintiv presents an intriguing opportunity with a forward P/E ratio of 7.22, pointing to potentially undervalued expectations in the market. However, traditional metrics such as trailing P/E, PEG, price/book, and price/sales ratios are not available, indicating a need for investors to delve deeper into qualitative analyses and forecast models.

    Despite a slight revenue contraction of 0.50%, Ovintiv reports positive earnings per share (EPS) of 2.36 and a return on equity (ROE) of 6.17%. These figures suggest a company that is successfully managing its resources and generating returns for its shareholders. The company’s free cash flow stands at nearly $1 billion, a healthy buffer that provides flexibility for future investments and operational stability.

    Ovintiv also appeals to income-focused investors with a dividend yield of 3.08% and a payout ratio of 50.85%, balancing shareholder returns with reinvestment in growth opportunities.

    Analyst sentiment towards Ovintiv is overwhelmingly positive, with 18 buy ratings and 5 hold ratings, and no sell recommendations. The target price range for OVV spans from $42.00 to $61.00, with an average target price of $51.00. This positions the stock for a significant potential upside, which is a key attraction for those seeking capital appreciation.

    Technical indicators provide additional insights into the stock’s current momentum. The 50-day moving average is $37.32, while the 200-day moving average is $40.93, suggesting a short-term recovery potential. The Relative Strength Index (RSI) at 38.78 implies that the stock is approaching oversold territory, which may indicate a buying opportunity for astute investors. Meanwhile, the MACD of 0.28 above the signal line of -0.52 suggests bullish momentum.

    Ovintiv Inc., formerly known as Encana Corporation before rebranding in January 2020, continues to leverage its expertise in exploring, developing, and marketing natural gas, oil, and natural gas liquids. Its strategic operations across North America position it well to harness the ongoing demand for energy resources.

    For investors seeking exposure to the energy sector, Ovintiv Inc. offers a blend of growth potential and income generation. With strong analyst support and favorable technical indicators, OVV is a stock worth watching for those aiming to capitalize on the evolving dynamics of the oil and gas industry.

  • Ovintiv Inc. (OVV) Stock Analysis: A Potential 50% Upside for Energy Investors

    Ovintiv Inc. (OVV) Stock Analysis: A Potential 50% Upside for Energy Investors

    Ovintiv Inc. (NYSE: OVV), a prominent player in the North American oil and gas exploration and production sector, presents a compelling opportunity for investors seeking exposure to the energy market. With a market capitalization of $8.8 billion, Ovintiv operates from its Denver headquarters, strategically positioning itself in the United States’ thriving energy sector. Despite the recent market volatility, the company’s current price of $33.86 suggests a robust potential upside, as indicated by an average target price of $50.95 from analysts.

    The energy industry has faced its fair share of turbulence, but Ovintiv has demonstrated resilience. The stock’s 52-week range of $31.18 to $51.67 reflects both the challenges and opportunities present in the sector. Currently priced on the lower end of this range, the stock’s forward P/E ratio of 6.31 indicates a potentially undervalued asset compared to its peers, offering a promising entry point for growth-oriented investors.

    While the company’s revenue growth shows a slight decline of 0.50%, Ovintiv’s operational efficiency is underscored by a significant free cash flow of nearly $1 billion. This financial strength provides a solid foundation for sustaining its 3.54% dividend yield, a feature that income-focused investors will find attractive. With a payout ratio of 50.85%, Ovintiv maintains a balanced approach to rewarding shareholders while retaining capital for future investments.

    Analyst sentiment towards Ovintiv is overwhelmingly positive, with 18 buy ratings and 5 hold ratings, and no sell ratings, highlighting confidence in the company’s strategic direction. The target price range of $42.00 to $61.00 further emphasizes the stock’s potential upside, with an average target suggesting a 50.47% increase from the current price. Such figures are enticing, particularly for those willing to endure near-term volatility for long-term gains.

    Technically, the stock’s current metrics indicate potential for recovery. The Relative Strength Index (RSI) of 32.34 suggests that the stock may be oversold, opening the door for a price rebound. Meanwhile, the 50-day and 200-day moving averages of $37.71 and $41.14, respectively, point to a downward trend in the short term, yet these may present opportunities for strategic accumulation.

    Ovintiv’s historical evolution from Encana Corporation to its current form signifies a commitment to adaptability and growth in the ever-dynamic energy landscape. As the company continues to explore and develop its North American oil, gas, and natural gas liquids assets, investors can anticipate strategic decisions aimed at enhancing shareholder value.

    In sum, Ovintiv Inc. stands out as a potentially lucrative investment for those with a keen eye on the energy sector. Its combination of undervaluation, strong dividend yield, and positive analyst ratings makes it an appealing choice for both growth and income-focused investors. As always, investors should consider their risk tolerance and conduct thorough research before making investment decisions, but Ovintiv’s prospects may very well align with those seeking robust returns in the energy market.

  • Ovintiv Inc. (OVV) Stock Analysis: Exploring the 53.72% Potential Upside for Investors

    Ovintiv Inc. (OVV) Stock Analysis: Exploring the 53.72% Potential Upside for Investors

    Ovintiv Inc. (DE) (OVV), a prominent player in the energy sector, is drawing significant attention from investors due to a compelling 53.72% potential upside. With its market cap standing at $8.74 billion, Ovintiv operates in the oil and gas exploration and production industry, primarily focusing on natural gas, oil, and natural gas liquids across North America. The company, headquartered in Denver, Colorado, underwent a rebranding from Encana Corporation in January 2020, signaling its strategic focus on the evolving energy landscape.

    The current stock price of Ovintiv is $33.58, with a slight dip of 0.03% observed recently. The stock has traversed a 52-week range between $31.18 and $52.51, indicating volatility typical of the energy sector. However, it is the forward-looking metrics that offer insight into the stock’s future trajectory. A forward P/E ratio of 6.02 suggests that Ovintiv’s earnings potential is being undervalued by the market, presenting an attractive entry point for investors.

    Despite a challenging year marked by a revenue contraction of 22.10%, Ovintiv’s financial resilience is evident in its robust free cash flow of $783 million and a return on equity of 10.87%. The company’s earnings per share (EPS) of 4.21 further underscores its profitability amidst market headwinds. Such metrics are pivotal for investors seeking stable returns, complemented by a dividend yield of 3.57% and a conservative payout ratio of 28.50%, highlighting Ovintiv’s commitment to returning capital to shareholders.

    Analyst sentiment remains overwhelmingly positive, with 19 buy ratings and no sell ratings, indicating strong confidence in Ovintiv’s strategic direction and operational strength. The average target price stands at $51.62, suggesting significant upside from current levels. Investors should note the target price range of $42.00 to $61.00, providing a broad spectrum of expected valuation uplift.

    Technical indicators offer additional insights into the stock’s momentum. The 50-day moving average of $38.65 and the 200-day moving average of $41.48 reveal a short-term bearish trend, as reflected by the Relative Strength Index (RSI) of 39.78, indicating the stock is nearing oversold territory. Additionally, the MACD and signal line values of -1.44 and -1.78, respectively, suggest potential buying opportunities as the stock approaches a reversal point.

    For investors considering Ovintiv Inc., the blend of strong analyst endorsements, undervalued forward earnings, and a strategic focus on North American energy markets presents a compelling case. The stock’s potential for significant upside, as highlighted by the analyst target prices, positions it as a noteworthy contender for portfolios seeking exposure to the energy sector’s growth dynamics. As always, prospective investors should conduct thorough due diligence, factoring in the inherent volatility and sector-specific risks associated with oil and gas exploration and production.

  • Ovintiv Inc. (OVV) Stock Analysis: Potential 54.96% Upside Beckons Investors

    Ovintiv Inc. (OVV) Stock Analysis: Potential 54.96% Upside Beckons Investors

    Ovintiv Inc. (DE) (NYSE: OVV), a significant player in the energy sector, is sparking interest among investors with the potential for a substantial 54.96% upside, according to analyst projections. With a market capitalization of $8.76 billion, this Denver-based company is a key participant in the oil and gas exploration and production industry across North America. The company, formerly known as Encana Corporation, has been navigating the intricate dynamics of the energy markets since its rebranding in 2020.

    The current stock price of Ovintiv stands at $33.65, neatly positioned within its 52-week range of $31.18 to $53.51. While the stock has experienced minimal price change recently, the broader picture painted by analysts suggests a lucrative opportunity for investors, with the average target price set at $52.14. Such a target indicates significant room for growth, particularly for those seeking to capitalize on the energy sector’s volatility and potential for rebounds.

    Notably, Ovintiv’s valuation metrics reveal an intriguing forward P/E ratio of 5.95, indicating a potentially undervalued stock relative to its earnings prospects. However, it’s essential to recognize that other valuation metrics such as the PEG ratio, price/book, and price/sales are currently unavailable, which could suggest a degree of uncertainty or variability in the company’s financial projections.

    Performance metrics present a mixed bag, with a concerning revenue growth decline of 22.10%. Despite this, the company boasts an earnings per share (EPS) of 4.21 and a return on equity (ROE) of 10.87%, reflecting a solid capacity to generate profits relative to shareholder equity. Additionally, Ovintiv’s free cash flow stands at a robust $783 million, providing a strong foundation for sustaining operations and returning value to shareholders through dividends and potential growth investments.

    Investors eyeing income opportunities will find Ovintiv’s dividend yield of 3.57% appealing, supported by a conservative payout ratio of 28.50%. This indicates that the company not only rewards shareholders with dividends but also retains sufficient earnings for reinvestment or debt reduction.

    The analyst community remains optimistic about Ovintiv’s prospects, with 19 buy ratings and 5 hold ratings, and no sell ratings, underscoring confidence in the company’s strategic direction and market positioning. The target price range spans $42.00 to $61.00, reflecting a broad consensus on the potential for price appreciation.

    Technical indicators provide additional insights, with a 50-day moving average of $39.61 and a 200-day moving average of $41.81, suggesting the stock is currently trading below these averages. The Relative Strength Index (RSI) at 30.25 indicates the stock is approaching oversold territory, potentially positioning it for a rebound. Meanwhile, the Moving Average Convergence Divergence (MACD) of -2.18 and a signal line of -2.14 highlight recent bearish momentum, which could present a buying opportunity for contrarian investors.

    As Ovintiv continues navigating the fluctuating energy landscape, its strategic focus on natural gas, oil, and natural gas liquids positions it to potentially capitalize on market recoveries and shifts in demand. For individual investors, the combination of an attractive dividend yield, promising analyst ratings, and significant upside potential makes Ovintiv Inc. a stock worth considering in the energy sector.

  • Ovintiv Inc. (OVV): Exploring a 57.82% Upside in the Energy Sector

    Ovintiv Inc. (OVV): Exploring a 57.82% Upside in the Energy Sector

    Ovintiv Inc. (NYSE: OVV) is making waves in the energy sector, drawing attention with its significant potential upside of 57.82%, according to analyst ratings. As a prominent player in the oil and gas exploration and production (E&P) industry, Ovintiv offers a compelling investment case, especially for those looking to capitalize on the volatile yet lucrative energy markets.

    Headquartered in Denver, Colorado, Ovintiv Inc. was formerly known as Encana Corporation before rebranding in January 2020. The company is deeply embedded in North America’s energy landscape, focusing on the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. With a market capitalization of $8.62 billion, Ovintiv holds a robust position among its peers.

    Currently trading at $33.10, Ovintiv’s stock price has seen a slight uptick of 0.03%, reflecting a modest market confidence. The stock has traversed a 52-week range between $31.18 and $53.51, indicating significant price swings that investors should consider when evaluating their risk appetite.

    Despite a trailing P/E ratio that’s not available, Ovintiv’s forward-looking P/E ratio stands at an attractive 5.72, suggesting potential undervaluation compared to industry norms. This metric, alongside a notable EPS of 4.21, indicates that the company is generating substantial earnings relative to its share price, a positive sign for value-oriented investors.

    However, it’s essential to note that Ovintiv has experienced a revenue contraction of 22.10%, which may raise some concerns over its growth trajectory. Yet, with a return on equity (ROE) of 10.87%, the company demonstrates effective management of its equity base, generating solid returns for shareholders.

    Ovintiv also boasts a dividend yield of 3.63% with a conservative payout ratio of 28.50%, making it an appealing choice for income-focused investors seeking steady returns amidst the unpredictable energy sector.

    Analyst sentiment towards Ovintiv is overwhelmingly positive, with 19 buy ratings and 5 hold ratings, and no sell ratings. The target price range of $42.00 to $61.00, with an average target of $52.24, underscores a bullish outlook on the company’s future performance. These targets are well above the current trading price, reinforcing the stock’s potential upside.

    From a technical perspective, Ovintiv’s 50-day and 200-day moving averages sit at $40.39 and $42.08, respectively, suggesting the stock is currently trading below these key averages. The relative strength index (RSI) of 55.62 indicates a neutral momentum, while the MACD and signal line figures point to a bearish trend, cautioning investors of potential short-term weaknesses.

    In the broader context, Ovintiv’s strategic focus on North American energy markets remains a pivotal factor. As the industry navigates through challenges such as fluctuating commodity prices and regulatory shifts, Ovintiv’s adaptable business model and strategic emphasis on natural gas and oil exploration position it well for future growth opportunities.

    Investors considering Ovintiv should weigh its promising upside potential against the backdrop of revenue challenges and market volatility. With its solid dividend, favorable analyst ratings, and strategic market positioning, Ovintiv Inc. presents a compelling opportunity for those seeking to invest in the dynamic energy sector.

  • Ovintiv Inc. (OVV): A Potential 52.64% Upside in the Energy Sector

    Ovintiv Inc. (OVV): A Potential 52.64% Upside in the Energy Sector

    Investors keeping a close eye on the energy sector might want to consider Ovintiv Inc. (DE) (OVV), a dynamic player in the oil and gas exploration and production (E&P) industry. With its headquarters in Denver, Colorado, Ovintiv has carved out a significant presence in North America’s natural gas, oil, and natural gas liquids markets. As former Encana Corporation, its rebranding in 2020 signaled a renewed focus on aggressive growth and efficiency.

    At a current market cap of $9.36 billion and a stock price of $35.97, Ovintiv is positioned within a 52-week range of $31.18 to $55.52. The company’s forward-looking valuation metrics, particularly the forward P/E ratio of 6.05, suggest that the stock is trading at an attractive valuation relative to its expected earnings. This could be a tantalizing prospect for value investors seeking entry into the energy sector.

    Despite challenging revenue growth, which has seen a dip of 22.10%, Ovintiv’s operational strength shines through its free cash flow of $783 million and a return on equity of 10.87%. The company has demonstrated robust earnings per share (EPS) of 4.21, indicating that it is effectively translating its revenues into actual earnings. This financial prowess provides a solid foundation for its dividend yield of 3.64%, supported by a conservative payout ratio of 28.50%. This dividend policy not only rewards shareholders but also underscores Ovintiv’s commitment to maintaining fiscal discipline.

    Analyst sentiment towards Ovintiv is notably optimistic, with 19 buy ratings and zero sell recommendations. The stock’s average target price is set at $54.90, representing a potential upside of 52.64% from its current trading level. The target price range of $43.00 to $64.00 further indicates analysts’ confidence in the stock’s ability to appreciate significantly.

    Technical indicators present a mixed picture. The stock’s recent performance falls below its 50-day and 200-day moving averages of $41.46 and $42.44, respectively, suggesting a bearish trend in the short term. The Relative Strength Index (RSI) at 24.26, however, indicates that the stock is in oversold territory, potentially signaling a buying opportunity for contrarian investors. The negative MACD and Signal Line suggest that the stock may face continued pressure in the near term, but these could also be precursors to a reversal.

    For risk-tolerant investors, Ovintiv offers an intriguing proposition. Its combination of attractive valuation, strong dividend yield, and significant analyst-endorsed upside potential make it a compelling candidate for portfolios focusing on energy stocks. As the industry continues to navigate the complexities of global energy demands and market volatility, Ovintiv’s strategic positioning and financial health could prove advantageous for those willing to weather the cyclical nature of the oil and gas markets.

  • Ovintiv Inc. (OVV) Stock: A Potential 29.5% Upside Awaits Investors

    Ovintiv Inc. (OVV) Stock: A Potential 29.5% Upside Awaits Investors

    **Ovintiv Inc. (DE) (OVV)** has been a notable player in the energy sector, particularly in the oil and gas exploration and production (E&P) industry. Based in Denver, Colorado, the company focuses on the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids across North America. With a market capitalization of $11.49 billion, Ovintiv is a formidable force in the United States energy landscape.

    **Current Price and Market Performance**

    Trading at $44.14, Ovintiv’s stock is positioned within its 52-week range of $37.00 to $55.56. Despite a marginal increase of 0.23 (0.01%) in its recent price change, the stock is showing potential for significant upside. Analysts have set a target price range from $45.00 to $73.00, with an average target of $57.17, indicating a potential upside of 29.52%.

    **Valuation and Financial Metrics**

    While the trailing P/E ratio is currently unavailable, the forward P/E sits at an attractive 6.81, suggesting that the stock could be undervalued relative to its earnings potential. However, it’s important to note that revenue growth has seen a decline of 22.10%, which might cause some hesitation among growth-focused investors. Despite this, the company’s EPS is reported at 4.21, and the return on equity stands at a solid 10.87%.

    **Free Cash Flow and Dividend Insights**

    Investors looking for income potential will find Ovintiv’s dividend yield of 2.72% appealing, supported by a payout ratio of 28.50%. The company generates a robust free cash flow of $783 million, which not only supports its dividend payments but also provides a cushion for reinvestment into business operations or future growth opportunities.

    **Analyst Ratings and Market Sentiment**

    Ovintiv enjoys strong support from analysts, with 19 buy ratings and 5 hold ratings, and no sell ratings. This bullish sentiment from the analyst community further underscores the stock’s potential for appreciation. The absence of sell ratings is particularly encouraging, suggesting confidence in the company’s strategic direction and operational execution.

    **Technical Indicators and Trends**

    From a technical standpoint, Ovintiv’s stock price is hovering slightly above its 50-day and 200-day moving averages, set at 42.49 and 42.73, respectively. The Relative Strength Index (RSI) of 39.94 indicates that the stock is not currently overbought, which could create an entry opportunity for investors. Additionally, the MACD value of 0.54, exceeding the signal line of 0.17, might hint at a potential bullish trend forming.

    **Concluding Thoughts for Investors**

    Ovintiv Inc. presents a compelling case for investors looking to tap into the energy sector. The potential 29.52% upside, combined with a solid dividend yield, positions the stock as an attractive option for both growth and income-focused investors. However, the decline in revenue growth is a factor worth monitoring closely. As always, investors should consider their risk tolerance and conduct thorough research before making investment decisions.

  • Ovintiv Inc. (OVV): A Solid Buy with 30% Upside Potential Amid Energy Sector Dynamics

    Ovintiv Inc. (OVV): A Solid Buy with 30% Upside Potential Amid Energy Sector Dynamics

    Ovintiv Inc. (DE) (OVV), a Denver-based entity operating within the robust energy sector, is currently capturing the attention of investors keen on capitalizing on its promising market position. With a market capitalization of $11.45 billion, Ovintiv is a key player in the Oil & Gas Exploration & Production industry, offering a compelling investment opportunity particularly for those watching the energy market closely.

    Trading at $43.97, Ovintiv’s stock price has experienced a relatively stable phase, reflecting a 52-week range between $37.00 and $55.56. This stability, alongside its potential upside of 30.23% based on an average target price of $57.26, suggests significant room for growth, as highlighted by analysts’ optimistic forecasts.

    Despite a challenging revenue growth environment, with a reported decline of 22.10%, the company’s fundamentals remain strong. Ovintiv’s earnings per share (EPS) stand at an impressive 4.21, reinforcing its profitability. Furthermore, a return on equity of 10.87% suggests efficient management and attractive returns for shareholders.

    The valuation metrics further strengthen the investment case for Ovintiv. The stock’s forward P/E ratio of 6.55 indicates a potentially undervalued position compared to industry norms, which might appeal to value investors seeking bargains in the energy sector. The absence of a trailing P/E and PEG ratio underscores the focus on forward-looking growth prospects and confidence in the company’s future earnings.

    Ovintiv’s free cash flow of $783 million is a testament to its operational efficiency, providing the company with ample room to reinvest in growth opportunities or return value to shareholders. The dividend yield of 2.89%, coupled with a conservative payout ratio of 28.50%, indicates a sustainable dividend policy, offering income-seeking investors a reliable stream of returns.

    The technical indicators paint a positive picture as well. The stock is trading above both its 50-day and 200-day moving averages, signaling a potential bullish trend. The Relative Strength Index (RSI) at 52.43 suggests that the stock is neither overbought nor oversold, providing a balanced entry point for investors. Moreover, the MACD indicator at 0.25, above the signal line of -0.33, points to upward momentum.

    Analyst sentiment towards Ovintiv is overwhelmingly positive, with 20 buy ratings and no sell recommendations, further affirming its strong market position. The target price range from $45.00 to $73.00 provides a broad spectrum of potential price appreciation, reinforcing the attractiveness of the stock in a diversified portfolio.

    Ovintiv’s strategic focus on exploring, developing, and marketing natural gas, oil, and natural gas liquids across North America positions it well to navigate and leverage the dynamic energy landscape. As the company continues to evolve and expand, investors can expect continued growth and resilience in the face of market fluctuations.

    As Ovintiv Inc. continues to capitalize on its strategic initiatives and favorable market conditions, investors seeking exposure in the energy sector may find it a compelling addition to their portfolios, poised for significant upside potential.

     

     

    The information in this article should not be taken as advice. Readers should conduct their own due diligence and seek independent financial advice before making any investment decisions.

  • Ovintiv Inc. Share Price Target ‘$58.32’, now 47.0% Upside Potential

    Ovintiv Inc. Share Price Target ‘$58.32’, now 47.0% Upside Potential

    Ovintiv Inc. which can be found using ticker (OVV) have now 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $73.00 and $44.00 calculating the average target share price we see $58.32. (at the time of writing). Now with the previous closing price of $39.67 this would imply there is now a potential upside of 47.0%. The 50 day MA is $42.65 and the 200 day moving average is $43.58. The company has a market cap of 10.13B. The current share price for the company is: $38.92 USD

    The potential market cap would be $14,895,912,683 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 9.24, revenue per share of $33.80 and a 6.56% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. Share Price Target ‘$58.42’, now 34.3% Upside Potential

    Ovintiv Inc. Share Price Target ‘$58.42’, now 34.3% Upside Potential

    Ovintiv Inc. with ticker code (OVV) now have 21 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $73.00 and $44.00 with the average share target price sitting at $58.42. (at the time of writing). Given that the stocks previous close was at $43.50 and the analysts are correct then there would likely be a percentage uptick in value of 34.3%. The 50 day moving average now sits at $42.54 and the 200 day MA is $43.80. The market cap for the company is 11.11B. The current share price for the company is: $42.68 USD

    The potential market cap would be $14,921,080,922 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.63, revenue per share of $35.74 and a 8.94% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. Share Price Target ‘$58.42’, now 31.5% Upside Potential

    Ovintiv Inc. Share Price Target ‘$58.42’, now 31.5% Upside Potential

    Ovintiv Inc. which can be found using ticker (OVV) have now 21 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $73.00 and $44.00 suggesting an average analyst share price target price of $58.42. (at the time of writing). Given that the stocks previous close was at $44.44 and the analysts are correct then we can expect a percentage increase in value of 31.5%. Also worth taking note is the 50 day moving average now sits at $42.40 and the 200 moving average now moves to $43.91. The total market capitalization for the company now stands at 11.82B. The price for the stock stands currently at: $45.41 USD

    The potential market cap would be $15,539,698,524 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.99, revenue per share of $35.74 and a 8.94% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. – Consensus ‘buy’ rating and 36.8% Upside Potential

    Ovintiv Inc. – Consensus ‘buy’ rating and 36.8% Upside Potential

    Ovintiv Inc. which can be found using ticker (OVV) now have 21 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $73.00 and $44.00 suggesting an average Analsyt target price of $58.42. Given that the stocks previous close was at $42.72 this would imply there is now a potential upside of 36.8%. The day 50 moving average is $42.34 while the 200 day moving average is $44.02. The market capitalization for the company is 11.26B. Currently the stock stands at: $43.27 USD

    The potential market cap would be $15,403,548,083 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.71, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. – Consensus ‘buy’ rating and 33.3% Upside Potential

    Ovintiv Inc. – Consensus ‘buy’ rating and 33.3% Upside Potential

    Ovintiv Inc. with ticker code (OVV) now have 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $73.00 and $44.00 calculating the mean target price we have $58.88. Now with the previous closing price of $44.17 this is indicating there is a potential upside of 33.3%. There is a 50 day moving average of $42.82 and the 200 day MA is $44.53. The company has a market capitalization of 11.42B. Currently the stock stands at: $43.87 USD

    The potential market cap would be $15,224,722,676 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.79, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. – Consensus ‘buy’ rating and 26.1% Upside Potential

    Ovintiv Inc. – Consensus ‘buy’ rating and 26.1% Upside Potential

    Ovintiv Inc. with ticker code (OVV) now have 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $70.00 and $44.00 calculating the average target price we see $57.66. Given that the stocks previous close was at $45.74 this would indicate that there is a potential upside of 26.1%. The day 50 moving average is $42.54 while the 200 day moving average is $44.85. The company has a market cap of 11.82B. The price for the stock stands currently at: $45.41 USD

    The potential market cap would be $14,900,695,286 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.99, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. – Consensus ‘buy’ rating and 26.4% Upside Potential

    Ovintiv Inc. – Consensus ‘buy’ rating and 26.4% Upside Potential

    Ovintiv Inc. which can be found using ticker (OVV) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $70.00 and $44.00 with the average target price sitting at $57.82. Now with the previous closing price of $45.74 and the analysts are correct then we can expect a percentage increase in value of 26.4%. The 50 day MA is $42.31 and the 200 day MA is $44.93. The company has a market capitalization of 11.95B. The stock price is currently at: $45.91 USD

    The potential market cap would be $15,108,312,755 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 6.06, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. Share Price Target ‘$57.93’, now 39.9% Upside Potential

    Ovintiv Inc. Share Price Target ‘$57.93’, now 39.9% Upside Potential

    Ovintiv Inc. with ticker code (OVV) now have 18 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $70.00 and $42.00 calculating the mean target share price we have $57.93. (at the time of writing). Now with the previous closing price of $41.41 and the analysts are correct then there would likely be a percentage uptick in value of 39.9%. The 50 day moving average now sits at $41.68 while the 200 day moving average is $45.14. The market capitalization for the company is 10.90B. Currently the stock stands at: $41.87 USD

    The potential market cap would be $15,248,821,593 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.52, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. – Consensus ‘buy’ rating and 43.0% Upside Potential

    Ovintiv Inc. – Consensus ‘buy’ rating and 43.0% Upside Potential

    Ovintiv Inc. which can be found using ticker (OVV) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $70.00 and $42.00 and has a mean target at $57.93. Given that the stocks previous close was at $40.50 and the analysts are correct then there would likely be a percentage uptick in value of 43.0%. Also worth taking note is the 50 day moving average now sits at $41.58 while the 200 day moving average is $45.28. The total market capitalization for the company now stands at 10.83B. The price for the stock stands currently at: $41.61 USD

    The potential market cap would be $15,494,632,563 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.49, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. Share Price Target ‘$57.66’, now 52.6% Upside Potential

    Ovintiv Inc. Share Price Target ‘$57.66’, now 52.6% Upside Potential

    Ovintiv Inc. which can be found using ticker (OVV) now have 18 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $70.00 and $42.00 suggesting an average analyst share price target price of $57.66. (at the time of writing). Given that the stocks previous close was at $37.78 and the analysts are correct then there would likely be a percentage uptick in value of 52.6%. Also worth taking note is the 50 day moving average now sits at $41.85 and the 200 day MA is $45.67. The total market capitalization for the company now stands at 9.93B. The price for the stock stands currently at: $38.13 USD

    The potential market cap would be $15,148,026,011 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.03, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. Share Price Target ‘$58.43’, now 38.3% Upside Potential

    Ovintiv Inc. Share Price Target ‘$58.43’, now 38.3% Upside Potential

    Ovintiv Inc. which can be found using ticker (OVV) have now 18 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $70.00 and $48.00 with the average share target price sitting at $58.43. (at the time of writing). Now with the previous closing price of $42.25 this is indicating there is a potential upside of 38.3%. The 50 day MA is $42.33 and the 200 moving average now moves to $46.02. The market cap for the company is 11.00B. The stock price is currently at: $41.30 USD

    The potential market cap would be $15,211,507,100 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.45, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.

  • Ovintiv Inc. – Consensus ‘buy’ rating and 37.3% Upside Potential

    Ovintiv Inc. – Consensus ‘buy’ rating and 37.3% Upside Potential

    Ovintiv Inc. which can be found using ticker (OVV) have now 18 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $70.00 and $48.00 calculating the average target price we see $58.60. Given that the stocks previous close was at $42.67 this would imply there is now a potential upside of 37.3%. The 50 day MA is $42.17 and the 200 day MA is $46.09. The market cap for the company is 10.73B. Currently the stock stands at: $41.20 USD

    The potential market cap would be $14,729,305,536 based on the market consensus.

    The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 5.44, revenue per share of $35.74 and a 8.68% return on assets.

    Ovintiv Inc. is an oil and natural gas exploration and production company, which is focused on developing its multi-basin portfolio of oil and natural gas assets located in the United States and Canada. The Company’s operations also include the marketing of oil, natural gas liquids (NGLs) and natural gas. The Company 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. The Market Optimization segment is primarily responsible for the sale of the Company’s production to third party customers. The segment’s activities also include third-party purchases and sales of products.