Ovintiv Inc reports results for the quarter ended June 30 - Earnings Summary
25/07/2025 24:01
Ovintiv Inc OVV.N reported quarterly adjusted earnings of $1.02 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.23. The mean expectation of eighteen analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 40 cents to $1.21 per share. Revenue rose 1.3% to $2.32 billion from a year ago; analysts expected $1.93 billion. Ovintiv Inc's reported EPS for the quarter was $1.18. The company reported quarterly net income of $307 million. Ovintiv Inc shares had risen by 3.7% this quarter and lost 2.5% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 17.5% in the last three months. In the last 30 days, eight analysts negatively revised earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy" Wall Street's median 12-month price target for Ovintiv Inc is $54.50, about 26.6% above its last closing price of $39.99 This summary was machine generated from LSEG data July 24 at 11:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 0.96 | 1.02 | Beat |
| Mar. 31 2025 | 1.05 | 1.42 | Beat |
| Dec. 31 2024 | 1.16 | 1.35 | Beat |
| Sep. 30 2024 | 1.14 | 1.85 | Beat |