
Ovintiv (OVV) Stock Forecast & Price Target
Ovintiv (OVV) Analyst Ratings
Bulls say
Ovintiv is showing strong execution on both sides of the border, with capital synergies of over $1M per well following the NVA acquisition. With faster drilling, simulfrac, and other operational improvements, the company is seeing cost savings on the acquired NVA lands, as well as higher oil productivity in both the Montney and Permian. Additionally, the company is focused on optimizing its asset base and has increased its guidance for 2026, which we view positively as it includes the impact of significant A&D.
Bears say
Ovintiv is actively buying back shares, which is expected to generate strong shareholder returns of 50-75% of free cash flow. Their 2026 guidance remains unchanged, but Q2/26 production guidance is in line with consensus and their current tax expense guidance is higher than expected at $80 WTI. Valuation looks fair with an estimated 2027 EBITDA of $1,020M, but there are potential risks such as faster than expected development of infrastructure in Western Canada and weaker performance from acquired assets in Canada.
This aggregate rating is based on analysts' research of Ovintiv and is not a guaranteed prediction by Public.com or investment advice.
Ovintiv (OVV) Analyst Forecast & Price Prediction
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