Ovintiv Inc. is a hydrocarbon exploration and production company organized in Delaware and headquartered in Denver, United States. It was founded and headquartered in Calgary, Alberta, under its previous name Encana.
Company profile
Ticker
OVV
Exchange
Website
CEO
Brendan McCracken
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
1847432 Alberta ULC
SEC CIK
Corporate docs
Subsidiaries
11786865 Canada Ltd. • Ovintiv Canada ULC • Cutbank Ridge Partnership • Alenco Inc. • Ovintiv USA Inc. ...
OVV stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
8-K
Departure of Directors or Certain Officers
8 Mar 24
8-K
Ovintiv Reports Fourth Quarter and Year-End 2023 Financial and Operating Results
27 Feb 24
8-K/A
Departure of Directors or Certain Officers
23 Feb 24
8-K
Departure of Directors or Certain Officers
23 Feb 24
8-K
Regulation FD Disclosure
5 Feb 24
8-K
Regulation FD Disclosure
18 Jan 24
8-K
Ovintiv Names Sippy Chhina to Board of Directors
11 Jan 24
8-K
Departure of Directors or Certain Officers
13 Dec 23
Transcripts
OVV
Earnings call transcript
2023 Q3
8 Nov 23
OVV
Earnings call transcript
2023 Q2
28 Jul 23
OVV
Earnings call transcript
2023 Q1
10 May 23
OVV
Earnings call transcript
2022 Q4
28 Feb 23
OVV
Earnings call transcript
2022 Q3
9 Nov 22
OVV
Earnings call transcript
2022 Q2
4 Aug 22
OVV
Earnings call transcript
2022 Q1
10 May 22
OVV
Earnings call transcript
2022 Q4
28 Feb 22
OVV
Earnings call transcript
2021 Q4
25 Feb 22
OVV
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.00 mm | 3.00 mm | 3.00 mm | 3.00 mm | 3.00 mm | 3.00 mm |
Cash burn (monthly) | 16.33 mm | 1.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 112.64 mm | 8.62 mm | n/a | n/a | n/a | n/a |
Cash remaining | -109.64 mm | -5.62 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -6.7 | -4.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
62.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 363 |
Opened positions | 67 |
Closed positions | 142 |
Increased positions | 127 |
Reduced positions | 117 |
13F shares | Current |
---|---|
Total value | 6.81 tn |
Total shares | 166.73 mm |
Total puts | 1.64 mm |
Total calls | 497.30 k |
Total put/call ratio | 3.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 27.03 mm | $1.19 tn |
FMR | 23.11 mm | $1.02 tn |
Dodge & Cox | 22.96 mm | $1.01 tn |
STT State Street | 10.38 mm | $456.00 bn |
Wilmington Trust, National Association | 7.38 mm | $329.48 mm |
Smead Capital Management | 5.52 mm | $242.64 bn |
Hotchkis & Wiley Capital Management | 5.28 mm | $231.97 bn |
EnCap Energy Capital Fund XI | 3.41 mm | $149.95 bn |
BK Bank Of New York Mellon | 3.28 mm | $143.90 bn |
Wellington Management | 3.22 mm | $141.33 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Mar 24 | Corey Douglas Code | Deferred Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 16 | 0.00 | 2,706 |
28 Mar 24 | Corey Douglas Code | Restricted Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 319 | 0.00 | 55,202 |
28 Mar 24 | Peter A Dea | Deferred Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 298 | 0.00 | 51,316 |
28 Mar 24 | Meghan Nicole Eilers | Restricted Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 210 | 0.00 | 36,107 |
28 Mar 24 | Gentle Meg | Deferred Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 35 | 0.00 | 6,061 |
28 Mar 24 | Gregory Dean Givens | Restricted Share Unit Common Stock | Grant | Acquire A | No | No | 0 | 396 | 0.00 | 68,258 |
News
Morgan Stanley Maintains Equal-Weight on Ovintiv, Raises Price Target to $53
15 Apr 24
Jefferies Maintains Buy on Ovintiv, Raises Price Target to $69
12 Apr 24
UBS Maintains Buy on Ovintiv, Raises Price Target to $69
11 Apr 24
Cracking The Code: Understanding Analyst Reviews For Ovintiv
10 Apr 24
Barclays Initiates Coverage On Ovintiv with Overweight Rating, Announces Price Target of $69
10 Apr 24