Research Analysts Offer Predictions for Ovintiv Q2 Earnings

Ovintiv Inc. (NYSE:OVV) – Investment analysts at Zacks Research upped their Q2 2025 earnings per share estimates for shares of Ovintiv in a research note issued on Tuesday, October 22nd. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.91 for the quarter, up from their previous estimate of $0.88. The consensus estimate for Ovintiv’s current full-year earnings is $4.87 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2025 earnings at $1.21 EPS, Q4 2025 earnings at $1.12 EPS, FY2025 earnings at $4.21 EPS, Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $0.90 EPS and FY2026 earnings at $4.03 EPS.

Ovintiv (NYSE:OVV) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.02. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.53 billion. Ovintiv had a return on equity of 18.28% and a net margin of 18.56%.

A number of other research firms also recently issued reports on OVV. JPMorgan Chase & Co. decreased their price target on shares of Ovintiv from $60.00 to $51.00 and set an “overweight” rating for the company in a research note on Thursday, September 12th. UBS Group lowered their target price on Ovintiv from $61.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. Morgan Stanley reduced their price target on Ovintiv from $53.00 to $51.00 and set an “equal weight” rating on the stock in a research note on Monday, September 16th. Truist Financial lowered their price objective on Ovintiv from $62.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, September 30th. Finally, Mizuho reduced their target price on shares of Ovintiv from $60.00 to $58.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $57.00.

Ovintiv Trading Up 1.5 %

NYSE:OVV opened at $40.39 on Friday. The company has a 50-day moving average price of $41.12 and a 200-day moving average price of $45.68. The stock has a market cap of $10.78 billion, a price-to-earnings ratio of 5.64, a P/E/G ratio of 7.76 and a beta of 2.61. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.47. Ovintiv has a 12 month low of $36.90 and a 12 month high of $55.95.

Ovintiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend was Friday, September 13th. Ovintiv’s payout ratio is currently 16.76%.

Hedge Funds Weigh In On Ovintiv

Hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its holdings in shares of Ovintiv by 114.9% during the second quarter. AQR Capital Management LLC now owns 3,027,292 shares of the company’s stock valued at $141,889,000 after purchasing an additional 1,618,556 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Ovintiv by 7,422.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,359,014 shares of the company’s stock valued at $52,064,000 after buying an additional 1,340,947 shares during the period. Vanguard Group Inc. boosted its stake in shares of Ovintiv by 3.8% in the 1st quarter. Vanguard Group Inc. now owns 28,055,344 shares of the company’s stock worth $1,456,072,000 after buying an additional 1,024,931 shares during the last quarter. SIR Capital Management L.P. bought a new stake in shares of Ovintiv in the second quarter worth $22,732,000. Finally, SG Americas Securities LLC increased its position in Ovintiv by 6,830.6% during the first quarter. SG Americas Securities LLC now owns 411,054 shares of the company’s stock valued at $21,334,000 after acquiring an additional 405,123 shares during the last quarter. Institutional investors own 83.81% of the company’s stock.

About Ovintiv

Ovintiv Inc, together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.