Ovintiv Inc. (OVV)
Ovintiv Statistics
Share Statistics
Ovintiv has 260.32M shares outstanding. The number of shares has increased by -3.21% in one year.
| Shares Outstanding | 260.32M |
| Shares Change (YoY) | -3.21% |
| Shares Change (QoQ) | -1.25% |
| Owned by Institutions (%) | 83.79% |
| Shares Floating | 258.96M |
| Failed to Deliver (FTD) Shares | 1.5K |
| FTD / Avg. Volume | 0.05% |
Short Selling Information
The latest short interest is 4.96M, so 1.91% of the outstanding shares have been sold short.
| Short Interest | 4.96M |
| Short % of Shares Out | 1.91% |
| Short % of Float | 1.91% |
| Short Ratio (days to cover) | 1.74 |
Valuation Ratios
The PE ratio is 9.53 and the forward PE ratio is 7.97. Ovintiv's PEG ratio is -0.2.
| PE Ratio | 9.53 |
| Forward PE | 7.97 |
| PS Ratio | 1.17 |
| Forward PS | 1.4 |
| PB Ratio | 1.04 |
| P/FCF Ratio | 7.56 |
| PEG Ratio | -0.2 |
Enterprise Valuation
Ovintiv Inc. has an Enterprise Value (EV) of 18.09B.
| EV / Earnings | 16.08 |
| EV / Sales | 1.98 |
| EV / EBITDA | 4.46 |
| EV / EBIT | 11.46 |
| EV / FCF | 12.76 |
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 |
| Total Debt / Capitalization | 37.85 |
| Cash Flow / Debt | 0.59 |
| Interest Coverage | 3.83 |
Financial Efficiency
Return on equity (ROE) is 0.11% and return on capital (ROIC) is 7.91%.
| Return on Equity (ROE) | 0.11% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 7.91% |
| Revenue Per Employee | $5,638,940.23 |
| Profits Per Employee | $693,160.81 |
| Employee Count | 1,623 |
| Asset Turnover | 0.48 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 226M |
| Effective Tax Rate | 0.17 |
Stock Price Statistics
The stock price has increased by -17.32% in the last 52 weeks. The beta is 2.58, so Ovintiv's price volatility has been higher than the market average.
| Beta | 2.58 |
| 52-Week Price Change | -17.32% |
| 50-Day Moving Average | 42.62 |
| 200-Day Moving Average | 42.79 |
| Relative Strength Index (RSI) | 51.54 |
| Average Volume (20 Days) | 3.26M |
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 | 1.58B |
| 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 | 9.9% |
| FCF Yield | 12.7% |
Analyst Forecast
The average price target for OVV is $56.5, which is 31.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $56.5 |
| Price Target Difference | 31.7% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
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 | 1.57 |
| Piotroski F-Score | 7 |