Capital One Financial Forecasts Ovintiv Q1 Earnings

Ovintiv Inc. (TSE:OVV) – Analysts at Capital One Financial dropped their Q1 2025 EPS estimates for Ovintiv in a research report issued to clients and investors on Tuesday, January 14th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings per share of $1.87 for the quarter, down from their prior estimate of $2.02. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Capital One Financial also issued estimates for Ovintiv’s FY2025 earnings at $8.85 EPS.

Separately, Siebert Williams Shank upgraded Ovintiv to a “strong-buy” rating in a report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$58.50.

Ovintiv Stock Up 0.1 %

TSE:OVV opened at C$66.18 on Friday. The stock’s fifty day simple moving average is C$60.18 and its 200-day simple moving average is C$59.10. The firm has a market capitalization of C$17.45 billion, a P/E ratio of 6.77, a P/E/G ratio of 0.05 and a beta of 2.63. The company has a quick ratio of 0.51, a current ratio of 0.44 and a debt-to-equity ratio of 67.70. Ovintiv has a 12-month low of C$49.74 and a 12-month high of C$76.63.

Ovintiv Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.406 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend was Friday, December 13th. Ovintiv’s dividend payout ratio is currently 16.58%.

Ovintiv Company Profile

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.