Ovintiv's operating cash flow has held steady near $0.9B to $1.1B per quarter even as reported net income swung from a $630.0M loss in 2026Q1 to a $946.0M profit in 2025Q4, suggesting cash generation is more reliable than headline earnings.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has moved in a roughly $2.0B to $3.0B band across the ten quarters, with the latest quarter at $2.6B up 28.8% year over year, while net margin swung from 45.7% in 2025Q4 to -24.9% in 2026Q1, suggesting bottom-line results are an unreliable guide to underlying performance.
Ovintiv is generating strong cash flow despite a GAAP loss, with production at the high end of guidance and proceeds from asset sales used to reduce debt and resume share buybacks.
The stock is forming a bull flag pattern near its 52-week high, with high pattern quality scores, strong bullish regime signals, and favorable volume ratios indicating a solid technical setup.
Bullish theses on Ovintiv highlight its fundamentals, valuation multiples, and smart-money flows, suggesting confidence in its investment case.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 3, 2026 | $1.99-2.0% vs $2.03 | $2.6B+8.9% vs $2.4B |
Q3 2026 Jul 23, 2026 | $1.74-10.3% vs $1.94 | $3.0B+27.3% vs $2.4B |
Q2 2026 May 11, 2026 | $1.90+0.5% vs $1.89 | $2.5B+6.2% vs $2.4B |
Q1 2026 Feb 23, 2026 | $1.39+37.6% vs $1.01 | $2.1B+7.2% vs $1.9B |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ovintiv Inc. ( OVV ) Q3 2026 Earnings Call November 4, 2026 10:00 AM EST Company Participants Jason Verhaest Brendan McCracken - President, CEO & Director Corey Code - Executive VP & CFO Gregory Givens - Executive VP & COO Conference Call Participants Scott Gruber - Citigroup Inc., Research Division Arun Jayaram - JPMorgan Chase & Co, Research Division Joshua Silverstein - UBS Investment Bank, Research Division Douglas George Blyth Leggate - Wolfe Research, LLC Gabe Daoud - Truist Securities, Inc., Research Division Neal Dingmann - William Blair & Company L.L.C., Research Division David Deckelbaum - Stifel, Nicolaus & Company, Incorporated, Research Division John Annis - Texas Capital Securities, Research Division Phillip Jungwirth - BMO Capital Markets Equity Research Kevin MacCurdy - Pickering Energy Partners Insights Noah Hungness - Wells Fargo Securities, LLC, Research Division Travis Wood - National Bank Financial, Inc., Research Division Presentation Operator Good day, ladies and gentlemen, and thank you for standing by.
Although the revenue and EPS for Ovintiv (OVV) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ovintiv (OVV) came out with quarterly earnings of $1.94 per share, missing the Zacks Consensus Estimate of $1.96 per share. This compares to earnings of $1.03 per share a year ago.
Benchmark OVV against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Ovintiv Inc. (OVV)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $60.52 | $16.74B | 12.66 | -4.55% | 14.22% | 11.54% | 1.96% | |
| $42.21 | $29.56B | 10.05 | 7.83% | 16.67% | 14.9% | 2.33% | |
| $178.96 | $50.34B | 31.23 | 36.31% | 11.67% | 4.97% | 2.23% | |
| $44.63 | $15.78B | 11.19 | -8.39% | 18.99% | 22.97% | 2.25% | |
| $29.92 | $7.17B | 5.31 | 18.07% | 13.66% | 13.76% | 2.67% | |
| $136.27 | $166.02B | 21.46 | 7.51% | 14.87% | 14.32% | 2.34% |
Ovintiv Inc. (OVV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Ovintiv Inc. (OVV) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 3, 2026·SEC
Oct 26, 2026·SEC
Jul 23, 2026·SEC
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Ovintiv Inc. (OVV) stock FAQ — growth, dividends, profitability & financials explained
Ovintiv Inc. (OVV) reported $10.22B in revenue over the trailing twelve months. Revenue was $8.74B in fiscal year 2025. That is 169% more than the $3.24B of fiscal year 2001.
Ovintiv Inc. (OVV) revenue fell by 4.5% in fiscal year 2025, compared with the prior fiscal year.
Yes. Ovintiv Inc. (OVV) earned $1.32B in net income over the trailing twelve months (a 12.9% net margin).
Yes. Ovintiv Inc. (OVV) pays a dividend that yields 1.96% at the current price, a moderate yield.
Ovintiv Inc. (OVV) had a return on equity (ROE) of 11.5% in fiscal year 2025. That is in line with the market's typical 10-15%.
Ovintiv Inc. (OVV) generated $4.62B in free cash flow over the trailing twelve months.
