Ovintiv Inc. (OVV) Stock Analysis

39.14

0.66%Today

OVV • Ovintiv Inc. • New York Stock Exchange • Energy

Market Cap

10.06B

Volume

2.58M

52W High

47.18

52W Low

29.80

Company Overview

Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.

Contact Information

Website: https://www.ovintiv.com
Address: 370 17th Street
Country: US

Investment Analysis & Insights

Key Investment Highlights

Market Position: Energy leader with 10.06B market capitalization
Trading Volume: 2.58M shares traded today
Price Range: 52-week range of $29.80 - $47.18
Exchange: Listed on New York Stock Exchange

Financial Metrics

P/E Ratio:17.24

EPS:$2.27

Beta:1.11

Avg Volume:3.72M

Market Analysis for Ovintiv Inc.

Ovintiv Inc. (OVV) operates in the Oil & Gas Exploration & Production industry within the Energy sector. With a current market capitalization of 10.06B, the company represents a significant player in its market. The stock is currently trading at $39.14 with a negativedaily change of 0.66%.

The company's 1623 employee base and presence on the New York Stock Exchangeexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of 17.24, beta of 1.11, and 52-week price range from $29.80 to $47.18when evaluating investment opportunities.