Workflow
Ovintiv(OVV)
icon
Search documents
Ovintiv: 2 (Big) Steps Remain (NYSE:OVV)
Seeking Alpha· 2026-01-30 10:03
Are you an investor looking for quality research within the oil and gas industry? Energy Investing Authority is the source. While commodity prices are up and so too are shareholder dividends, it can be easy to chase yield and buy the wrong firms. Income investors cannot afford those mistakes.Deep dive analysis forms the foundation of the platform. Hundreds of companies fall under the coverage universe, from pipelines to renewables to producers. Receive actionable research to keep your portfolio outperformin ...
Ovintiv Names Gregory P. Hill to Board of Directors
Prnewswire· 2026-01-29 22:05
DENVER, Jan. 29, 2026 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Gregory P. Hill has been appointed as an independent member of its board of directors, effective January 30, 2026.Hill, 64, retired in 2025 as President, Worldwide Exploration & Production and Executive Vice President of Hess Corporation. During more than four decades in the energy industry, he held senior leadership roles at Hess, Shell, Aera Energy, and other organizations, leading major global portfolios across ...
NuVista and Ovintiv Announce Receipt of Investment Canada Act Approval
Globenewswire· 2026-01-28 22:05
CALGARY, Alberta, Jan. 28, 2026 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX: NVA) ("NuVista") and Ovintiv Inc. (NYSE, TSX: OVV) ("Ovintiv") are pleased to announce that the Government of Canada has approved the previously announced proposed acquisition of NuVista by Ovintiv, through its wholly owned subsidiary Ovintiv Canada ULC (the "Transaction"), in accordance with the terms of the Investment Canada Act. The Transaction previously received clearance under the Competition Act (Canada) and the Court of Ki ...
NuVista and Ovintiv Announce NuVista Shareholder Approval and Receipt of Final Order for Transaction with Ovintiv and Preliminary Results of Elections by NuVista Shareholders Regarding Form of Consideration
Globenewswire· 2026-01-23 22:05
CALGARY, Alberta, Jan. 23, 2026 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX: NVA) ("NuVista") and Ovintiv Inc. (NYSE, TSX: OVV) ("Ovintiv") are pleased to announce that today at NuVista's special meeting (the "Meeting") of holders ("NuVista Shareholders") of common shares of NuVista ("NuVista Shares"), NuVista Shareholders voted in favour of the previously announced plan of arrangement (the "Transaction") involving NuVista, NuVista Shareholders, Ovintiv Canada ULC ("Ovintiv Canada") and Ovintiv Inc. At the ...
NUVISTA AND OVINTIV ANNOUNCE NUVISTA SHAREHOLDER APPROVAL AND RECEIPT OF FINAL ORDER FOR TRANSACTION WITH OVINTIV AND PRELIMINARY RESULTS OF ELECTIONS BY NUVISTA SHAREHOLDERS REGARDING FORM OF CONSIDERATION
Prnewswire· 2026-01-23 22:05
CALGARY, AB, Jan. 23, 2026 /PRNewswire/ - NuVista Energy Ltd. (TSX: NVA) ("NuVista") and Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv") are pleased to announce that today at NuVista's special meeting (the "Meeting") of holders ("NuVista Shareholders") of common shares of NuVista ("NuVista Shares"), NuVista Shareholders voted in favour of the previously announced plan of arrangement (the "Transaction") involving NuVista, NuVista Shareholders, Ovintiv Canada ULC ("Ovintiv Canada") and Ovintiv Inc. At the Mee ...
Why Investors Should Consider Selling Ovintiv Stock Now
ZACKS· 2026-01-22 18:21
Core Insights - Ovintiv Inc. is a significant independent oil and gas producer with a diversified asset base in the U.S. and Canada, focusing on crude oil to improve margins and cash flow stability [1] - The company is undergoing a portfolio realignment and adjusting its commodity mix, which introduces both opportunities and uncertainties for investors [2] Financial Performance - Over the past six months, Ovintiv's share price increased by 3.9%, outperforming its sub-industry's decline of 7.1% but lagging behind the broader sector's gain of 9.9% [3] - The Zacks Consensus Estimate for Ovintiv's 2025 earnings is $4.31 per share, reflecting a 26.1% year-over-year decline, while revenues are estimated at $8.7 billion, indicating a 5% year-over-year decline [6] Earnings Estimates and Revisions - The consensus estimate for 2025 earnings has been revised down by about 4% over the past 60 days, indicating increased caution among analysts regarding the company's near-term outlook [10] - Ovintiv's earnings estimates for the current quarter and next quarter are $0.88 and $0.91, respectively, with significant year-over-year growth estimates showing declines of 34.81% and 35.92% [9] Debt and Asset Management - Ovintiv carries over $5.2 billion in long-term debt, which poses a structural risk, especially in a prolonged commodity downturn [10] - The planned sale of Anadarko assets is crucial for Ovintiv's debt reduction strategy, but uncertainties regarding timing and market conditions could impact future capital returns [11] Market Conditions and Operational Risks - Weak natural gas pricing continues to pressure margins, particularly affecting cash flow due to the company's exposure to gas-weighted assets [12] - The company's capital-intensive operations require over $2.1 billion annually to sustain production, limiting flexibility during downturns [15] Strategic Outlook - Ovintiv's forward guidance is sensitive to external variables, including commodity pricing and operational execution, which adds forecast risk for investors [14] - The overall risk profile of Ovintiv suggests that investors may prefer reallocating capital to companies with clearer growth visibility and stronger balance sheets [16]
Ovintiv (OVV) Price Target Raised to $54
Yahoo Finance· 2026-01-22 03:49
Ovintiv Inc. (NYSE:OVV) is included among the 11 Best Energy Stocks to Buy for Dividends in 2026. Ovintiv (OVV) Price Target Raised to $54 Ovintiv Inc. (NYSE:OVV) is a leading North American exploration and production company focused on developing its high-quality, multi-basin portfolio. On January 16, BofA analyst Kalei Akamine slightly nudged the firm’s price target on Ovintiv Inc. (NYSE:OVV) from $53 to $54, while keeping its ‘Buy’ rating. Given the current low-priced environment, the analyst continu ...
Ovintiv Inc. (NYSE:OVV) Set to Host 2025 Q4 and Year-End Results Conference Call
Financial Modeling Prep· 2026-01-21 00:00
Core Insights - Ovintiv Inc. is scheduled to host its 2025 fourth quarter and year-end results conference call on February 24, 2026, which will provide insights into its financial and operational performance [1] - Jefferies has maintained a "Buy" rating for Ovintiv, raising the price target from $52 to $54, reflecting confidence in the company's future performance [2] - In the recent quarter, Ovintiv reported a revenue of $2.02 billion and a net income of $148 million, indicating a strong financial standing [3][6] Financial Performance - Ovintiv's gross profit for the quarter was $998 million, with an operating income of $273 million, showcasing effective management of resources [3] - The earnings per share (EPS) for the quarter was $0.58, supported by an EBITDA of $833 million, indicating robust operational efficiency [4] - The cost of revenue was $1.022 billion, and the company reported an income before taxes of $192 million, with an income tax expense of $44 million, highlighting effective tax management [4] Conference Call Details - The live audio webcast of Ovintiv's conference call will be available on their website and archived for 90 days, allowing investors and stakeholders to review the company's performance [5]
Ovintiv to Host its 2025 Fourth Quarter and Year-End Results Conference Call and Webcast on February 24, 2026
Prnewswire· 2026-01-20 16:30
Core Viewpoint - Ovintiv Inc. is set to announce its 2025 fourth quarter and year-end results on February 24, 2026, with financial results released after market close on February 23, 2026 [1]. Group 1: Conference Call Details - The conference call will take place at 8:00 a.m. MT on February 24, 2026 [1]. - Participants can register for the call to receive an automated callback [2]. - Direct dial options are available for participants, with a toll-free number for North America and an international number [3]. Group 2: Additional Information - A live audio webcast of the event, including supplemental slides, will be available on Ovintiv's website and archived for approximately 90 days [3]. - Further information about Ovintiv Inc. can be accessed through their website or by contacting their investor relations [3][4].
Ovintiv price target raised to $54 from $52 at Jefferies
Yahoo Finance· 2026-01-18 13:35
Jefferies analyst Lloyd Byrne raised the firm’s price target on Ovintiv (OVV) to $54 from $52 and keeps a Buy rating on the shares. The firm expects the company to report inline Q4 results. It sees Ovintiv’s “durable” free cash flow and Mid-con asset sale providing catalysts for a share re-rating in 2026. Claim 50% Off TipRanks Premium Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More ...