MarketBeat - OVV stock research

May 11, 2020

Introduction

It is my plan to do better research on stock OVV.TO, so that I can make good investment decision on this stock.

MarketBeat

I like to review all those information from MarketBeat.

HOW WERE OVINTIV'S EARNINGS LAST QUARTER?

Ovintiv (NYSE:OVV) issued its earnings results on Thursday, May, 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.08. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $1.58 billion. Ovintiv had a net margin of 11.06% and a return on equity of 7.25%. View Ovintiv's earnings history.

WHAT PRICE TARGET HAVE ANALYSTS SET FOR OVV?

21 equities research analysts have issued 12 month price objectives for Ovintiv's stock. Their forecasts range from $2.25 to $28.00. On average, they expect Ovintiv's stock price to reach $11.57 in the next twelve months. This suggests a possible upside of 97.4% from the stock's current price. View analysts' price targets for Ovintiv.

WHO ARE SOME OF OVINTIV'S KEY COMPETITORS?

Some companies that are related to Ovintiv include Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Apache (APA), Marathon Oil (MRO), Cenovus Energy (CVE), Parsley Energy (PE), EQT (EQT), Sasol (SSL), WPX Energy (WPX), Cimarex Energy (XEC), CNX Resources (CNX), Murphy Oil (MUR), Southwestern Energy (SWN) and Range Resources (RRC). View all competitors.

WHICH INSTITUTIONAL INVESTORS ARE BUYING OVINTIV STOCK?

OVV stock was bought by a variety of institutional investors in the last quarter, including Aperio Group LLC, BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Swiss National Bank, State Street Corp, Contrarius Investment Management Ltd, SG Americas Securities LLC, and Bank of New York Mellon Corp. Company insiders that have bought Ovintiv stock in the last two years include Brendan Michael Mccracken, Bruce Gordon Waterman, David Glen Hill, Douglas James Suttles, Fred J Fowler, Howard John Mayson, Michael Gerard Mcallister, Michael Williams, and Thomas G Ricks. View insider buying and selling activity for Ovintiv.