Previous Close | 10.95 |
Open | 10.95 |
Bid | 5.40 |
Ask | 7.90 |
Strike | 50.00 |
Expire Date | 2024-10-18 |
Day's Range | 10.95 - 10.95 |
Contract Range | N/A |
Volume | |
Open Interest | 270 |
Ovintiv (OVV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
OVV offers strong production growth and cash flow, yet potential investors should be cautious of its debt and sensitivity to market changes.
Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with the Company's capital allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders.