From Financial Modeling Prep: 2025-03-28 14:00:00

Ovintiv Inc. (NYSE: OVV) is gearing up to announce its first quarter 2025 financial results on May 7, 2025. Investors can access the results after the market closes on May 6, along with supplemental slides and financial statements on Ovintiv’s website.

BMO Capital recently upgraded Ovintiv’s stock to “Outperform,” signaling a positive outlook. Similarly, Morgan Stanley set a price target of $57 for OVV, suggesting a potential price increase of around 27.85% from the current price of $44.59.

Ovintiv boasts impressive financial metrics, including an asset turnover ratio of about 0.48 and an operating profit margin of 18.1%. In the last quarter, the company reported revenue of $2.188 billion, with operating expenses of $1.185 billion, resulting in a gross profit of $1.187 billion.

The company’s net property, plant, and equipment value is $15.152 billion, showcasing its robust asset base. Ovintiv’s strong financial performance underscores its operational efficiency and profitability in the oil and gas industry.



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