Zacks Research Has Optimistic Outlook of Ovintiv Q2 Earnings

Ovintiv Inc. (TSE:OVV) – Equities research analysts at Zacks Research lifted their Q2 2026 EPS estimates for Ovintiv in a research report issued to clients and investors on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the company will earn $1.72 per share for the quarter, up from their previous estimate of $1.42. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2026 earnings at $1.89 EPS.

Ovintiv Stock Performance

Shares of OVV stock opened at C$59.60 on Friday. The stock’s 50-day moving average price is C$61.41 and its 200 day moving average price is C$58.90. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 63.59. The stock has a market capitalization of C$10.84 billion, a PE ratio of 5.46, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63. Ovintiv has a 52-week low of C$49.74 and a 52-week high of C$76.63.

Ovintiv Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Friday, March 14th. Ovintiv’s payout ratio is currently 14.85%.

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.