|Bid||0.0000 x 100000|
|Ask||0.0000 x 100000|
|Day's Range||3.4800 - 3.4800|
|52 Week Range||3.4800 - 24.8775|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||0.67|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Potential Ovintiv Inc. (TSE:OVV) shareholders may wish to note that insider Thomas Ricks recently bought CA$325k worth...
Denver’s newest name in oil and gas starts the year on a roll and with new status as one of the largest independent producers in the country. Ovintiv Inc. (NYSE: OVV), formerly called Encana and based in Calgary, Canada, notched 9% oil and liquids production growth last year after acquiring a Texas oil and gas producer, and it boasts of having its third consecutive year of free cash flow despite lower oil and gas prices. The diversity of oil basins in which it operates and its experience in unconventional drilling and production now comes with a scale ranking it among the largest independent oil producers in the U.S. “We believe this gives us an advantage and ability to manage the volatility of our sector,” said CEO Doug Suttles.
As far as earnings surprises are concerned, Ovintiv (OVV) has an excellent record, having gone past the Zacks Consensus Estimate in each of the last four reports.