Long on Ovintiv with rising oil prices!So the cost of energy is rising. The price of crude oil is also rising.
Because of this, I expect that the price of Ovintiv to reach the multi year resistance.
10.56CAD
2.76 BCAD
14.22 BCAD
252.90 M
About OVINTIV INC
Sector
Industry
CEO
Brendan M. McCracken
Website
Headquarters
Denver
Employees (FY)
1.74 K
Founded
1881
ISIN
US69047Q1022
FIGI
BBG00R2NHRY2
Ovintiv, Inc. engages in the production and development of oil, natural gas liquids and natural gas producing plays. The firm operates through the following segments: Canadian Operations, USA Operations, and Market Optimization. The Canadian Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within Canada. The USA Operations segment includes the exploration for, development of, and production of oil, NGLs, natural gas and other related activities within the United States. The Market Optimization segment’s activities are managed by the Midstream, Marketing & Fundamentals team, which is responsible for the sale of the company’s proprietary production to third party customers. The company was founded in 1881 and is headquartered in Denver, CO.
Ovintiv Inc - OVV (Long)Ovintiv Inc
Long
Enter: Market Price
Take Profit: 45.81 (5.52%)
Stop Loss: 41.19
R:R Ratio: 1.40
Chart is an upward trend, making higher highs and higher low. Price is bouncing off daily support level
OVV LongIts just breach cloud right now and i dont see any hindrance or any reason to doubt that it will not go pump this since as you see it was on accu/conso stage on the bottom even tenkan sen and kijun sen showing an indication of pointing upwards
$OVV Very Tight!$OVV nice 4 volatility contractions in this base with last 3 days putting in a mini coil and one of its most constructive looking pivots.
#oil stocks been holding up much better than the commodity itself.
So tight you wont fined a lower risk entry than this.
Interesting.
Long | OVVNYSE:OVV [/symbol
Possible Scenario: LONG
Evidence: Price action
It's my idea and could be wrong 100%
OVINTIV Looks to Revisit HighsQuick post - Falling wedge breakout on 3 day chart here, regardless of how you draw the trendline for the top of the wedge.
OBV rising substantially faster than it has throughout this stock's history.
Weekly 50/200 EMAs show a golden cross.
1.5x target approaches previous ATH, wouldn't take mu
Oil industry for 10 years more for sureTransition will be made understandable, but meanwhile the actual infrastructure is threatening for any opponent so is here to stay for a generation.
Oil is a necessity not a luxury.
Wait for confirm on the breakout, (you know what I mean).
Be wise don´t work for money, make money work for you.
#OVV - Cup and handle formationObservation - may be a cup and handle next few days/weeks. PVT looking bullish with accumulation and RSI needs to go above 50.
Ovintiv Inc. $OVV near pivot buyOvintiv Inc. enganges in exploration and production of natural gas and oil. IBD gives it a #4 Rank in its industry and has a IBD Relative Strength rating of 98. Its clear that is one of the leaders of the oil industry.
The stock is making a good cup & handle pattern as a 3th base with a pivot buy j
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Frequently Asked Questions
The current price of OVV is 71.38 CAD — it has increased by 0.48% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NEO exchange OVINTIV INC stocks are traded under the ticker OVV.
OVINTIV INC is going to release the next earnings report on May 7, 2024. Keep track of upcoming events with our Earnings Calendar.
OVV stock is 1.42% volatile and has beta coefficient of 0.62. Check out the list of the most volatile stocks — is OVINTIV INC there?
One year price forecast for OVINTIV INC has a max estimate of 97.79 CAD and a min estimate of 73.00 CAD.
OVV earnings for the last quarter are 2.43 CAD per share, whereas the estimation was 2.45 CAD resulting in a −0.63% surprise. The estimated earnings for the next quarter are 2.57 CAD per share. See more details about OVINTIV INC earnings.
OVINTIV INC revenue for the last quarter amounts to 3.60 B CAD despite the estimated figure of 3.83 B CAD. In the next quarter revenue is expected to reach 4.01 B CAD.
Yes, you can track OVINTIV INC financials in yearly and quarterly reports right on TradingView.
OVV stock has fallen by 5.58% compared to the previous week, the month change is a 3.54% rise, over the last year OVINTIV INC has showed a 42.39% increase.
OVV net income for the last quarter is 1.13 B CAD, while the quarter before that showed 551.56 M CAD of net income which accounts for 105.70% change. Track more OVINTIV INC financial stats to get the full picture.
Today OVINTIV INC has the market capitalization of 19.09 B, it has increased by 5.50% over the last week.
Yes, OVV dividends are paid quarterly. The last dividend per share was 0.41 CAD. As of today, Dividend Yield (TTM)% is 2.33%. Tracking OVINTIV INC dividends might help you take more informed decisions.
OVINTIV INC dividend yield was 2.61% in 2023, and payout ratio reached 14.56%. The year before the numbers were 1.87% and 6.62% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, OVV shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade OVINTIV INC stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 1.74 K employees. See our rating of the largest employees — is OVINTIV INC on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So OVINTIV INC technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating OVINTIV INC stock shows the buy signal. See more of OVINTIV INC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on OVINTIV INC future price: according to them, OVV price has a max estimate of 97.79 CAD and a min estimate of 73.00 CAD. Read a more detailed OVINTIV INC forecast: see what analysts think of OVINTIV INC and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. OVINTIV INC EBITDA is 6.04 B CAD, and current EBITDA margin is 43.33%. See more stats in OVINTIV INC financial statements.