Ovintiv Inc. (TSE:OVV - Get Free Report) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.406 per share on Tuesday, December 31st. This represents a $1.62 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend is Friday, December 13th.
Ovintiv Price Performance
Ovintiv stock traded up C$2.54 during trading hours on Friday, hitting C$60.07. The stock had a trading volume of 218,500 shares, compared to its average volume of 121,888. The stock has a market capitalization of C$15.84 billion, a price-to-earnings ratio of 6.15, a PEG ratio of 0.05 and a beta of 2.63. The company has a debt-to-equity ratio of 67.70, a current ratio of 0.44 and a quick ratio of 0.51. Ovintiv has a 1-year low of C$49.74 and a 1-year high of C$76.63. The stock's fifty day moving average is C$55.62 and its two-hundred day moving average is C$61.56.
Analysts Set New Price Targets
OVV has been the topic of a number of recent research reports. Siebert Williams Shank upgraded shares of Ovintiv to a "strong-buy" rating in a report on Tuesday, October 15th. Wolfe Research upgraded shares of Ovintiv to a "strong-buy" rating in a research report on Thursday, July 18th. One analyst has rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$58.50.
View Our Latest Analysis on Ovintiv
Ovintiv Company Profile
(
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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.
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