March 23, 2020 Price forecast | 2 weeks: 8.56% | 1 month: 7.57% | 3 months: 8.93%


OVV stock forecast

Our latest prediction for Ovintiv, Inc.'s stock price was made on the March 23, 2020 when the stock price was at 2.45$.

In the short term (2weeks), OVV's stock price should outperform the market by 8.56%. During that period the price should oscillate between -9.10% and +27.66%.

In the medium term (3months), OVV's stock price should outperform the market by 8.93%. During that period the price should oscillate between -26.01% and +58.59%.


About Ovintiv, Inc.

Ovintiv, Inc. produces and develops multi-basin portfolio of oil, natural gas liquids and natural gas producing plays. The firm operates through the following segments: Canadian Operations, USA Operations and Market Optimization. The Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. The Market Optimization segment's activities are managed by the Midstream, Marketing & Fundamentals team, which is primarily responsible for the sale of the Company's proprietary production to third party customers. The company was founded in 1881 and is headquartered in Denver, CO.

At the moment the company generates 7542M USD in revenues.

On its last earning announcement, the company reported a profit of 6.25$ per share.

The book value per share is 38.18$

Ovintiv, Inc. website


Three months stock forecastMarch 23, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
7542M 58.80% 1980M 26.30% 1270M 6.25 0.36 5.70% 244M 38.18 2750M -2401M 349M