Ovintiv Inc. (OVV)
Ovintiv Statistics
Share Statistics
Ovintiv has 260.32M shares outstanding. The number of shares has increased by -2.49% in one year.
| Shares Outstanding | 260.32M |
| Shares Change (YoY) | -2.49% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 83.8% |
| Shares Floating | 258.98M |
| Failed to Deliver (FTD) Shares | 5.57K |
| FTD / Avg. Volume | 0.15% |
Short Selling Information
The latest short interest is 8.59M, so 3.3% of the outstanding shares have been sold short.
| Short Interest | 8.59M |
| Short % of Shares Out | 3.3% |
| Short % of Float | 3.72% |
| Short Ratio (days to cover) | 1.75 |
Valuation Ratios
The PE ratio is 9.53 and the forward PE ratio is 5.03. Ovintiv's PEG ratio is -0.2.
| PE Ratio | 9.53 |
| Forward PE | 5.03 |
| PS Ratio | 1.17 |
| Forward PS | 1.1 |
| PB Ratio | 1.04 |
| P/FCF Ratio | 7.56 |
| PEG Ratio | -0.2 |
Enterprise Valuation
Ovintiv has an Enterprise Value (EV) of 16.97B.
| EV / Sales | 1.85 |
| EV / EBITDA | 4.19 |
| EV / EBIT | 4.56 |
| EV / FCF | 11.96 |
Financial Position
The company has a current ratio of 0.51, with a Debt / Equity ratio of 0.61.
| Current Ratio | 0.51 |
| Quick Ratio | 0.51 |
| Debt / Equity | 0.61 |
| Debt / EBITDA | 1.55 |
| Debt / FCF | 4.44 |
| Interest Coverage | 3.83 |
Financial Efficiency
Return on Equity is 10.89% and Return on Invested Capital is 7.62%.
| Return on Equity | 10.89% |
| Return on Assets | 5.84% |
| Return on Invested Capital | 7.62% |
| Revenue Per Employee | $5.64M |
| Profits Per Employee | $693.16K |
| Employee Count | 1,623 |
| Asset Turnover | 0.48 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 226M |
| Effective Tax Rate | 16.73% |
Stock Price Statistics
The stock price has increased by -34.94% in the last 52 weeks. The beta is 2.06, so Ovintiv's price volatility has been higher than the market average.
| Beta | 2.06 |
| 52-Week Price Change | -34.94% |
| 50-Day Moving Average | 40.19 |
| 200-Day Moving Average | 42.01 |
| Relative Strength Index (RSI) | 41.04 |
| Average Volume (20 Days) | 3.66M |
Income Statement
In the last 12 months, Ovintiv had revenue of 9.15B and earned 1.13B in profits. Earnings per share was 4.25.
| Revenue | 9.15B |
| Gross Profit | 4.98B |
| Operating Income | 1.58B |
| Net Income | 1.13B |
| EBITDA | 4.05B |
| EBIT | 1.76B |
| Earnings Per Share (EPS) | 4.25 |
Balance Sheet
The company has 42M in cash and 6.29B in debt, giving a net cash position of -6.25B.
| Cash & Cash Equivalents | 42M |
| Total Debt | 6.29B |
| Net Cash | -6.25B |
| Retained Earnings | 0 |
| Total Assets | 19.25B |
| Working Capital | -1.31B |
Cash Flow
In the last 12 months, operating cash flow was 3.72B and capital expenditures -2.3B, giving a free cash flow of 1.42B.
| Operating Cash Flow | 3.72B |
| Capital Expenditures | -2.3B |
| Free Cash Flow | 1.42B |
| FCF Per Share | 5.36 |
Margins
Gross margin is 54.45%, with operating and profit margins of 17.25% and 12.29%.
| Gross Margin | 54.45% |
| Operating Margin | 17.25% |
| Pretax Margin | 14.76% |
| Profit Margin | 12.29% |
| EBITDA Margin | 44.29% |
| EBIT Margin | 17.25% |
| FCF Margin | 15.49% |
Dividends & Yields
OVV pays an annual dividend of $1.5, which amounts to a dividend yield of 2.96%.
| Dividend Per Share | $1.50 |
| Dividend Yield | 2.96% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 35.63% |
| Earnings Yield | 10.5% |
| FCF Yield | 13.23% |
Analyst Forecast
The average price target for OVV is $56, which is 65.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $56 |
| Price Target Difference | 65.6% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
Stock Splits
The last stock split was on Jan 27, 2020. It was a backward split with a ratio of 1:5.
| Last Split Date | Jan 27, 2020 |
| Split Type | backward |
| Split Ratio | 1:5 |
Scores
| Altman Z-Score | 1.38 |
| Piotroski F-Score | 7 |