Zacks Research Weighs in on Ovintiv’s Q1 Earnings (TSE:OVV)

Ovintiv Inc. (TSE:OVV) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of Ovintiv in a report released on Tuesday, December 2nd. Zacks Research analyst Team now expects that the company will post earnings per share of $1.18 for the quarter, down from their prior forecast of $1.49. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2026 earnings at $1.28 EPS, Q3 2027 earnings at $1.76 EPS and FY2027 earnings at $7.23 EPS.

OVV has been the subject of a number of other reports. Roth Capital raised shares of Ovintiv to a “hold” rating in a research note on Monday, October 13th. Royal Bank Of Canada upgraded shares of Ovintiv from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, October 15th. William Blair raised Ovintiv to a “strong-buy” rating in a report on Wednesday, November 26th. Finally, Wells Fargo & Company upgraded Ovintiv to a “hold” rating in a research report on Friday, October 17th. Five equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Ovintiv Trading Down 0.9%

Ovintiv stock opened at C$58.50 on Friday. The stock has a 50-day moving average price of C$54.25 and a 200 day moving average price of C$54.80. The company has a market capitalization of C$14.82 billion, a price-to-earnings ratio of 62.90, a price-to-earnings-growth ratio of 0.05 and a beta of 0.85. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 63.59. Ovintiv has a 52 week low of C$42.35 and a 52 week high of C$66.67.

Ovintiv (TSE:OVV) last posted its quarterly earnings results on Tuesday, November 4th. The company reported C$0.57 earnings per share for the quarter. The business had revenue of C$2.88 billion for the quarter. Ovintiv had a return on equity of 19.62% and a net margin of 20.34%.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.30 per share. The ex-dividend date is Monday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. Ovintiv’s payout ratio is presently 129.03%.

Ovintiv Company Profile

Ovintiv Inc is a leading North American exploration and production (E&P) company focused on developing its high-quality, multi-basin portfolio. Ovintiv works to safely produce crude oil and natural gas-products that make modern life possible for all. The Company is focused on creating long-term shareholder value while contributing to the strength and sustainability of the communities where it operates.