How to Buy Ovintiv Stock
Ovintiv Inc
Ovintiv Inc. , together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids.
Ovintiv stock last closed at $32.65, down 3.46% from the previous day, and has decreased 37.43% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.39 percentage points. Ovintiv stock is currently +9.56% from its 52-week low of $29.80, and -39.05% from its 52-week high of $53.57.
There are currently 260.32M shares of OVV outstanding. The market capitalization of OVV is $8.50B. In the past 24 hours, 2.09M OVV shares were traded.
How to Buy Ovintiv Stock
Wondering how to invest in Ovintiv stock? Here's how.
- Choose where to buy Ovintiv stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Ovintiv stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your details.
- Analyze Ovintiv stock: The Ovintiv ticker symbol is OVV. Is Ovintiv stock a good investment? Should you buy shares of OVV? How do OVV's underlying business fundamentals look? Do top analysts think Ovintiv is a good buy? Why has OVV's stock price moved recently? (Hint: Our stock research tools can help you understand if OVV is a good stock to buy).
- Execute your OVV purchase: Decide if you will purchase OVV shares at the current market price or use a limit order to buy OVV stock at a particular price.
- Get updates on your OVV position: Create a watchlist to keep tabs on your investment in Ovintiv stock.
Step 1: Choose where to buy Ovintiv stock
You will need a brokerage account to access the NYSE market and buy OVV shares.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to invest in OVV today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on the best stock market app, you need to deposit funds:
Check out the video below if you need help depositing funds into your new investment account.
Step 4: Analyze Ovintiv stock
After you have figured out the best place to buy Ovintiv stock, it's critical to evaluate their stock before you invest, so you actually comprehend the risk and upside.
Overview of key OVV info
OVV Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on OVV's stock page.
Is OVV stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge OVV's intrinsic value.
Using relative valuations metrics:
- OVV may be undervalued based on its P/E ratio of 7.68x, relative to Oil & Gas E&P industry P/E ratio of 18.2x
- OVV could be undervalued based on its P/B ratio of 0.82x, relative to Oil & Gas E&P industry P/B ratio of 1.43x
- OVV may be undervalued based on its PEG ratio of 0.43x
You can access additional valuation research on OVV's stock here.
OVV Financials at a glance
Positive Health Checks:
- Total OVV debt is lower than 5 years ago, relative to shareholder equity.
- OVV's operating cash flow of $3.72B allows it to safely service it's debt of $6.27B.
Negative Health Checks:
- OVV has a relatively high debt to equity ratio of 0.86.
- There are more long-term liabilities than short-term assets on the OVV balance sheet.
- OVV earnings of $1.76B is not sufficient to cover its interest payments.
- OVV profit margin has gone down from 19.2% to 12.3% in the past year.
- There are more short-term liabilities than short-term assets on the OVV balance sheet.
Do Wall Street analysts think it's a good time to buy OVV stock
Out of 10 Equities analysts who track OVV, the consensus analyst rating on OVV is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest OVV Analyst Upgrades/Downgrades
Noah Hungness, a bottom 25% analyst from Bank of America upgrades OVV to a strong buy rating and lowers their OVV price target from $55.00 to $54.00, on Jan 13, 2025.
Nitin Kumar, a top 3% analyst from Mizuho maintains OVV with a buy rating and lowers their OVV price target from $63.00 to $60.00, on Dec 16, 2024.
Josh Silverstein, a bottom 9% analyst from UBS maintains OVV with a strong buy rating and lowers their OVV price target from $59.00 to $56.00, on Dec 9, 2024.
Scott Gruber, a bottom 15% analyst from Citigroup maintains OVV with a strong buy rating and lowers their OVV price target from $55.00 to $54.00, on Nov 26, 2024.
Jason Bouvier, a bottom 20% analyst from ScotiaBank maintains OVV with a buy rating and raises their OVV price target from $50.00 to $53.00, on Nov 18, 2024.
You can dig deeper into what analysts are saying on the Ovintiv stock forecast page.
OVV Technicals
OVV Performance Numbers
Last year, OVV earnings were $1.13B. Over the past five year, OVV's earnings have increased by 36.4% per year. This was faster than the Oil & Gas E&P industry average of 20.21%.
Last year, OVV revenue was $9.15B. During the last five year, OVV's revenue has grown by 6.35% per year. This was slower than the Oil & Gas E&P industry average of 13.19%.
Learn more about OVV's earnings and revenue performance here.
What are OVV executives and large shareholders up to?
In the past 12 months, insiders at OVV have sold more shares than they have bought.
Corey Douglas Code, EVP CFO of OVV, was the latest OVV insider to sell. They sold $352,238.74 worth of OVV stock on Mar 10, 2025.
Research more about who owns OVV stock here.
Does OVV provide a stable income stream?
Ovintiv pays a dividend of 3.68%, compared to the Oil & Gas E&P industry's average dividend yield of 4.64%. If you owned $1,000 of OVV stock, you would have received $36.75 in the past 12 months.
Ovintiv dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about Ovintiv dividend yield and history here.
What do other investors have to say about OVV?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your OVV purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your OVV position
Now that you own some shares in OVV, you'll want to stay up-to-date on your investment.
Add OVV to a watchlist to keep track of your OVV stock.
OVV Feed
How to Buy Stock in Ovintiv
To reiterate, here are the 6 steps for buying Ovintiv stock:
- Choose where to buy Ovintiv stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Ovintiv stock
- Execute your OVV purchase
- Get updates on your OVV position
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Ovintiv, create your watchlist below.
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