Ovintiv Inc. is a hydrocarbon exploration and production company organized in Delaware and headquartered in Denver, United States. It was founded and headquartered in Calgary, Alberta, under its previous name Encana.
Company profile
Ticker
OVV
Exchange
Website
CEO
Brendan McCracken
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
1847432 Alberta ULC
SEC CIK
Corporate docs
Subsidiaries
11786865 Canada Ltd. • Ovintiv Canada ULC • Cutbank Ridge Partnership • Alenco Inc. • Ovintiv USA Inc. ...
OVV stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
31 May 23
8-K
Entry into a Material Definitive Agreement
18 May 23
424B5
Prospectus supplement for primary offering
18 May 23
FWP
Free writing prospectus
16 May 23
424B5
Prospectus supplement for primary offering
12 May 23
8-K
Financial Statements and Exhibits
12 May 23
POSASR
Automatic shelf registration (post-effective amendment)
12 May 23
8-K
Ovintiv Reports First Quarter 2023 Financial and Operating Results
9 May 23
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
Ovintiv Announces Results of Annual Meeting
8 May 23
Transcripts
OVV
Earnings call transcript
2023 Q1
10 May 23
OVV
Earnings call transcript
2022 Q3
9 Nov 22
OVV
Earnings call transcript
2022 Q2
4 Aug 22
OVV
Earnings call transcript
2022 Q1
10 May 22
OVV
Earnings call transcript
2022 Q4
28 Feb 22
OVV
Earnings call transcript
2021 Q4
25 Feb 22
OVV
Earnings call transcript
2021 Q3
3 Nov 21
OVV
Earnings call transcript
2021 Q2
28 Jul 21
OVV
Earnings call transcript
2021 Q1
29 Apr 21
OVV
Earnings call transcript
2020 Q4
18 Feb 21
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 26.00 mm | 26.00 mm | 26.00 mm | 26.00 mm | 26.00 mm | 26.00 mm |
| Cash burn (monthly) | (no burn) | 20.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 47.70 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | -21.70 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | -1.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
76.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 446 |
| Opened positions | 66 |
| Closed positions | 114 |
| Increased positions | 137 |
| Reduced positions | 181 |
| 13F shares | Current |
|---|---|
| Total value | 6.72 tn |
| Total shares | 186.01 mm |
| Total puts | 1.73 mm |
| Total calls | 2.46 mm |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| Dodge & Cox | 27.02 mm | $974.74 bn |
| Vanguard | 25.19 mm | $908.88 bn |
| FMR | 22.72 mm | $819.67 bn |
| BLK Blackrock | 17.53 mm | $632.66 bn |
| STT State Street | 7.02 mm | $253.42 bn |
| Hotchkis & Wiley Capital Management | 6.08 mm | $219.40 bn |
| Smead Capital Management | 4.37 mm | $157.72 bn |
| Wellington Management | 4.10 mm | $147.98 bn |
| Geode Capital Management | 3.41 mm | $122.95 bn |
| IVZ Invesco | 3.06 mm | $110.47 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 18 May 23 | Ralph Izzo | Common Stock | Option exercise | Acquire M | No | No | 0 | 6,074 | 0.00 | 7,291 |
| 18 May 23 | Ralph Izzo | Restricted Share Unit Common Stock | Option exercise | Dispose M | No | No | 0 | 6,074 | 0.00 | 0 |
| 18 May 23 | Ralph Izzo | Restricted Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 6,074 | 0.00 | 6,074 |
| 18 May 23 | Katherine Lucas Minyard | Common Stock | Option exercise | Acquire M | No | No | 0 | 6,074 | 0.00 | 10,573 |
| 18 May 23 | Katherine Lucas Minyard | Restricted Share Unit Common Stock | Option exercise | Dispose M | No | No | 0 | 6,074 | 0.00 | 7,289 |
| 18 May 23 | Katherine Lucas Minyard | Restricted Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 6,074 | 0.00 | 13,363 |
| 18 May 23 | Brian Gordon Shaw | Common Stock | Payment of exercise | Dispose F | No | No | 32.82 | 2,917 | 95.74 k | 34,152 |
| 18 May 23 | Brian Gordon Shaw | Common Stock | Option exercise | Acquire M | No | No | 0 | 6,077 | 0.00 | 37,069 |
| 18 May 23 | Brian Gordon Shaw | Restricted Share Unit Common Stock | Option exercise | Dispose M | No | No | 0 | 6,077 | 0.00 | 7,683 |
| 18 May 23 | Brian Gordon Shaw | Restricted Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 6,077 | 0.00 | 13,760 |
News
CIBC Maintains Neutral on Ovintiv, Lowers Price Target to $50
23 May 23
The Latest Analyst Ratings for Ovintiv
19 May 23
Mizuho Maintains Buy on Ovintiv, Lowers Price Target to $62
19 May 23
Value Investor Dan Loeb Bets Big On Tech, But Dumps Disney: Here Are His Top Picks
16 May 23
Stocks That Hit 52-Week Lows On Tuesday
16 May 23
Press releases
Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
2 Jun 23
Ovintiv Prices Offering of Senior Notes
16 May 23
Ovintiv Announces Release of 2022 Sustainability Report
11 May 23
Ovintiv Reports First Quarter 2023 Financial and Operating Results
9 May 23
Ovintiv Announces Results of Annual Meeting
8 May 23