OVV Ovintiv
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.
Company profile
Ticker
OVV
Exchange
Website
CEO
Douglas Suttles
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
1847432 Alberta ULC
SEC CIK
Corporate docs
OVV stock data
()
News
Benzinga's Top Ratings Upgrades, Downgrades For July 27, 2021
27 Jul 21
Wells Fargo Initiates Coverage On Ovintiv with Overweight Rating, Announces Price Target of $38
27 Jul 21
Earnings Scheduled For July 27, 2021
27 Jul 21
Expert Ratings For Ovintiv
19 Jul 21
Benzinga's Top Ratings Upgrades, Downgrades For July 19, 2021
19 Jul 21
Press releases
Ovintiv Reports Second Quarter 2021 Financial and Operating Results
27 Jul 21
Ovintiv Reports Second Quarter 2021 Financial and Operating Results
27 Jul 21
Ovintiv Announces Redemption of 3.90% Notes Due 2021
15 Jul 21
Ovintiv Announces Redemption of 3.90% Notes Due 2021
15 Jul 21
Ovintiv to Host its Second Quarter 2021 Results Conference Call and Webcast on July 28, 2021
2 Jul 21
Calendar
29 Jul 21
30 Jul 21
31 Dec 21
Financial summary
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Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
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Annual (USD) |
Dec 20 | Dec 19 | |
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Financial data from Ovintiv earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 122M | 122M | 122M | 122M | 122M | 122M |
| Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 68.33M | 184.33M | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | n/a | n/a | 70.39M | 189.87M | n/a | n/a |
| Cash remaining | n/a | n/a | 51.61M | -67.87M | n/a | n/a |
| Runway (months of cash) | n/a | n/a | 0.8 | -0.4 | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jul 21 | Pita George | Rights (Director Restricted Share Unit) Common Stock | Grant | Aquire A | No | No | 32.26 | 2,616 | 84.39K | 2,616 |
| 30 Jun 21 | Peter A Dea | Rights (Deferred Share Units) Common Stock | Grant | Aquire A | No | No | 31.41 | 796 | 25K | 40,794 |
| 30 Jun 21 | Gentle Meg | Rights (Deferred Share Units) Common Stock | Grant | Aquire A | No | No | 31.41 | 448 | 14.07K | 1,030 |
| 30 Jun 21 | Brian Gordon Shaw | Rights (Deferred Share Units) Common Stock | Grant | Aquire A | No | No | 31.41 | 448 | 14.07K | 28,199 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
68.9% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 285 |
| Opened positions | 63 |
| Closed positions | 40 |
| Increased positions | 85 |
| Reduced positions | 79 |
13F shares |
Current |
|---|---|
| Total value | 4.29B |
| Total shares | 179.91M |
| Total puts | 1.73M |
| Total calls | 992.1K |
| Total put/call ratio | 1.7 |
Largest owners |
Shares | Value |
|---|---|---|
| Dodge & Cox | 28.26M | $673.25M |
| Vanguard | 25.43M | $605.84M |
| BLK Blackrock | 21.9M | $521.61M |
| STT State Street | 8.98M | $214.01M |
| Kimmeridge Energy Management | 6.48M | $154.46M |
| Letko, Brosseau & Associates | 5.62M | $133.96M |
| Arrowstreet Capital, Limited Partnership | 4.69M | $111.92M |
| FMR | 4.24M | $100.93M |
| Geode Capital Management | 4.18M | $99.46M |
| Marshall Wace North America | 4.12M | $98.12M |
Content analysis
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H.S. freshman Avg
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New words:
antidilutive, calendar, central, embedded, ESG, inflationary, minimize, redeem, redeemed, redemption, south, threaten, unpaid
Removed:
Additionally, commenced, consumption, contingency, cut, February, group, internally, loan, March, modelled, noted, Oklahoma, original
Current reports
8-K/A
Departure of Directors or Certain Officers
29 Jul 21
8-K
Ovintiv Reports Second Quarter 2021 Financial and Operating Results
27 Jul 21
8-K
Ovintiv Announces Redemption of 3.90% Notes Due 2021
15 Jul 21
8-K
Ovintiv Names George L. Pita to Board of Directors
30 Jun 21
8-K
Departure of Directors or Certain Officers
11 Jun 21
8-K
Departure of Directors or Certain Officers
8 Jun 21
8-K
Ovintiv Closes Eagle Ford Asset Sale and Announces Early Redemption of Outstanding Notes
19 May 21
8-K
Ovintiv Announces Results of Annual Meeting
29 Apr 21
8-K
Ovintiv Reports First Quarter 2021 Financial and Operating Results
28 Apr 21
8-K
Ovintiv Exceeds Divestiture Target, Announces Eagle Ford Sale and Updates Guidance
26 Mar 21
Registration and prospectus
S-3ASR
Automatic shelf registration
6 Mar 20
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
27 Jan 20
8-K12B
Notification of registration of securities
24 Jan 20
425
Business combination disclosure
18 Dec 19
425
Business combination disclosure
17 Dec 19
425
Business combination disclosure
11 Dec 19
Proxies
DEFA14A
Additional proxy soliciting materials
16 Apr 21
DEFA14A
Additional proxy soliciting materials
12 Mar 21
DEF 14A
Definitive proxy
12 Mar 21
DEFA14A
Additional proxy soliciting materials
19 Feb 21
DEFA14A
Additional proxy soliciting materials
18 Feb 21
DEFA14A
Additional proxy soliciting materials
18 Feb 21
DEFA14A
Additional proxy soliciting materials
18 Feb 21
DFAN14A
Additional proxy materials by non-management
28 Jan 21
DFAN14A
Additional proxy materials by non-management
26 Jan 21
DEFA14A
Additional proxy soliciting materials
26 Jan 21
Ownership
SC 13G/A
Ovintiv / VANGUARD ownership change
12 Jul 21
4
Ovintiv / George Pita ownership change
6 Jul 21
3
Ovintiv / George Pita ownership change
6 Jul 21
4
Ovintiv / Bruce Gordon Waterman ownership change
30 Jun 21
4
Ovintiv / Brian Gordon Shaw ownership change
30 Jun 21
4
Ovintiv / Meg Gentle ownership change
30 Jun 21
4
Ovintiv / PETER A DEA ownership change
30 Jun 21
11-K
Annual report of employee stock purchases
28 Jun 21
4
Ovintiv / Katherine Lucas Minyard ownership change
25 Jun 21
4
Ovintiv / Joanne Linette Alexander ownership change
1 Apr 21
Transcripts
Reddit threads
Daily Discussion Thread - July 27th, 2021
27 Jul 21
My top 5 dividend stocks right now. What are yours?
26 Jul 21
Daily Discussion Thread - July 26th, 2021
26 Jul 21
Daily Discussion post - July 24 2021
24 Jul 21
Americans when they realize they can't lose money this monday
5 Jul 21
what’s your current portfolio total and allocation?
26 Jun 21
GameStop Is Joining the Russell 1000, but AMC Isn’t. How It Affects the Stocks.
21 Jun 21
Daily Discussion Thread - June 14th, 2021
14 Jun 21
Daily Discussion Thread - June 11th, 2021
11 Jun 21
US oil hits $70 for the first time in nearly three years
6 Jun 21