Ovintiv Inc. (TSE:OVV) Receives Average Recommendation of “Buy” from Analysts

Ovintiv Inc. (TSE:OVV) has earned an average rating of “Buy” from the eight research firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and four have given a strong buy recommendation to the company.

A number of equities analysts recently commented on OVV shares. William Blair upgraded shares of Ovintiv to a “strong-buy” rating in a research note on Wednesday, November 26th. Royal Bank Of Canada raised Ovintiv from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, October 15th. Wells Fargo & Company raised Ovintiv to a “hold” rating in a research report on Friday, October 17th. Scotiabank cut Ovintiv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Roth Mkm raised Ovintiv to a “hold” rating in a report on Monday, October 13th.

More Ovintiv News

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: NuVista shareholders approved the transaction and a court issued the final order, clearing a key regulatory/closing hurdle for Ovintiv’s deal to acquire NuVista — a near-term catalyst that expands Ovintiv’s asset base and production footprint. NuVista and Ovintiv Announce NuVista Shareholder Approval…
• Negative Sentiment: Zacks Research cut multiple near‑ and medium‑term EPS estimates for Ovintiv (Q4 2026, Q1–Q4 2027 and FY2026–FY2027). Notable moves include Q4 2026 EPS down from $1.52 to $1.34 and FY2027 trimmed from $7.07 to $6.83 — reducing forward earnings expectations and putting pressure on the stock’s valuation (Ovintiv trades at a high P/E).
• Negative Sentiment: Scotiabank downgraded Ovintiv to a “Hold,” which may damp investor enthusiasm coming after the analyst estimate cuts and could increase selling pressure if other brokers follow. Ovintiv (TSE:OVV) Cut to “Hold” at Scotiabank

Ovintiv Stock Up 0.1%

Shares of TSE:OVV opened at C$56.23 on Friday. Ovintiv has a fifty-two week low of C$42.35 and a fifty-two week high of C$65.73. The firm’s 50 day moving average price is C$54.83 and its 200 day moving average price is C$55.09. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 63.59. The stock has a market cap of C$14.24 billion, a price-to-earnings ratio of 60.46, a price-to-earnings-growth ratio of 0.05 and a beta of 0.82.

Ovintiv (TSE:OVV) last announced its quarterly earnings data on Tuesday, November 4th. The company reported C$0.57 EPS for the quarter. Ovintiv had a net margin of 20.34% and a return on equity of 19.62%. The company had revenue of C$2.88 billion for the quarter. As a group, equities research analysts predict that Ovintiv will post 5.6577693 earnings per share for the current fiscal year.

Ovintiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, December 15th. Ovintiv’s dividend payout ratio (DPR) is 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.