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Ovintiv Inc. (OVV.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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41.66+2.16 (+5.47%)
At close: 3:59PM EDT
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  • A
    Alex
    Prepare for another colossal loss this qtr on those 2022 gas hedges. Many hundreds of millions. Great job, guys. We invest in this company for your commodity trading prowess.
  • R
    RaptorTrading
    JP Morgan Price Target at $50.00
  • F
    Foster
    @Douglas @Matt Yes, anyone who owned ECA shares does not want to see a buyout of $40. Let me remind everyone that almost 1/3 of the share base in OVV came from NFX shareholders. We all own the new OVV shares at $50 cost just to break even from 3 years ago. On the other hand, if it we were to get bought out by another very undervalued company in a share swap, it might still workout for ECA holders. I could see an EOG or a big Canadian buying us. How about CNQ? However, CNQ does not need more of anything. They have more than enough reserves in oil or gas to keep them going for decades. Here is one for you, a sleeping giant is HES. They never do anything that makes news in Energy. They could certainly float enough shares to do a share swap at some ratio. Remember, there are very few outstanding shares of OVV since the RS.
  • M
    Matt
    start paying special cash dividends and forget the stock buybacks. Remember this dis a huge reverse split. long term holders have suffered greatly
  • D
    Douglas
    Look for consolidation in O&G... Only a few targets with the same value as OVV. $40 - $45 buyout would work for me.
  • S
    Scott
    I believe we will reach around $40 end of year but the powers that be will not let this fly yet. Should be ripe come 2022.
  • J
    Jesus
    What is going on! We gave up almost all of yesterday's gain! Oil has been up most of today and its the last day of ex-dividend. Why are we down along with all other O&G stocks?
  • S
    Sung Yup
    So no one mentions about today’s dividend announcement? They will be giving us 25% of fcf until it reaches net debt target of $3b which will be $550m(more than 7% yield) per yr in 2022 when the oil price stays above $60 range. After they reach $3b net debt target(2023) they will be distributing 50% of fcf which will be over $1B(around 13.5% at current stock price). What you guys gonna do from now on??
  • C
    Changyi
    The number one asset of an oil and gas company is its reserve. OVV has excellent drilling inventory that can last more than a decade, esp. the Permian.
  • D
    DennisK
    why aren't we seeing a bigger move with NG surging?
  • R
    Rothman
    would u be happy if they pay out 1,5 dollar dividend p. anno
  • R
    Rothman
    Ovintiv Inc. has 657 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 234,120,285 shares.
  • F
    Frank
    Well so far it looks like their new capital allocation program has not done a single thing to boost this share price. Stuck in the mud!
  • A
    Alex
    Nat gas is going to $10 by February. Just watch. And these guys sold calls at $2.35 for 70% of 2022 production. Fml.
  • E
    Ese Cacahuetes
    Major firms/brokes have all tripped over themselves for recent upgrades. For a business in a declining sector.

    Ese smells buyout
  • m
    mark
    Tell me what you think ? Is this stock a buyout candidate ?
  • s
    stocktargetadvisor
    $OVV
    Target Raymond James Financial Market Perform CAD 44
  • S
    Scott
    Raise the roof baby!!!
  • F
    Foster
    This stock is looking pretty good with these gas moves. I hope it starts being looked at more for its Nat Gas potential and not just oil. I am not at all excited about OVV paying out more in dividends. No one investing for income is looking at an OVV. If I wanted a dividend there are hundreds of better names outside of energy. We are here for the stock price to get back to ECA days. What are they going to payout in higher dividends, 3% instead of 2%. That is a joke! As far as stock buy backs, they just bought back 80% of the float with the Reverse Split!!! This company needs to continue to focus on debt and use capital to build out what they already own. How much more gas could they be getting out of Montney?? It is ridiculous to pay higher dividends and even talk about buybacks at these levels after we just came from single digits. They are an energy company not a Real Estate Trust.
  • F
    Frank
    Natural Gas is up seven percent today and this thing takes a sudden nose dive? Hanky Panky with the oil sector is going on by someone/ something. Any idea who or what?