OVV Earnings
Tuesday, May 05 2026
EPS Estimate
$1.68
$0.82 – $2.47
Revenue Estimate
$2.3B
Current Price
$55.72
Our Position
bullishUBS raises OVV target to $58 on Anadarko sale
structured data
est. revisions falling
(-7.4pp / 30d)
This is a capital-light unlock move. Ovintiv trades on cash-on-hand multiples in the energy sector; selling non-core acreage for $3 billion cash reduces debt drag and improves the balance sheet perception without sacrificing core production. UBS's buy is based on multiple expansion potential, not just the deal itself.
Watch: Track the Q2 2026 close and any updates on leverage ratios post-transaction. If the company uses proceeds to buy back stock or trim debt aggressively, the thesis holds. If cash sits idle or gets redeployed into marginal acreage, momentum could stall.
Data Signal Summary
2 bullish
2 bearish
Estimates up +13%
Insider selling cluster
Put/call 0.6 (bullish skew)
Price downtrend
Key Context
Analyst Consensus
mixed
Insider Activity
selling
Price Trend
downtrend
From 52w High
-8.2%
P/E Ratio
11.8
Est. Revisions (30d)
+13.4% 8up/1dn
Analyst Target (mean)
$69 $50–$81 +23%
Options P/C Ratio
0.60
Est. Dispersion
69% 16 analysts
Insider Cluster
strong sell
Fund Convergence
strong Citadel, Bridgewater, D.E. Shaw, Two Sigma, Renaissance
Recent Activity
insider trades
50 transactions
Other
·
IZZO RALPH (Director)
·4,213 shares
Award
·
MCCRACKEN BRENDAN MICHAEL (Chief Executive Officer)
·962 shares
Other
·
CODE COREY DOUGLAS (Chief Financial Officer)
·55,576 shares
Other
·
MCCRACKEN BRENDAN MICHAEL (Chief Executive Officer)
·188,687 shares
Other
·
GIVENS GREGORY DEAN (Chief Operating Officer)
·71,073 shares
45 more
Other
·
MOORE RACHEL MAUREEN
·29,149 shr
Other
·
EILERS MEGHAN NICOLE
·37,536 shr
Sell
·
MAYSON HOWARD JOHN
·5,000 shr
·$261,950
Exercise
·
GIVENS GREGORY DEAN
·15,058 shr
·$539,076
Sell
·
GIVENS GREGORY DEAN
·50,000 shr
·$2,016,500
Exercise
·
CODE COREY DOUGLAS
·34,840 shr
·$1,153,051
Sell
·
NANCE STEVEN WAYNE
·5,000 shr
·$209,950
Other
·
RICKS THOMAS GREGORY
·3,600 shr
Exercise
·
EILERS MEGHAN NICOLE
·3,710 shr
·$132,818
Exercise
·
MCCRACKEN BRENDAN MICHAEL
·10,373 shr
·$371,353
Exercise
·
GIVENS GREGORY DEAN
·17,826 shr
·$409,107
Sell
·
GIVENS GREGORY DEAN
·50,000 shr
·$2,125,000
Exercise
·
MOORE RACHEL MAUREEN
·6,427 shr
·$218,389
Sell
·
NANCE STEVEN WAYNE
·5,501 shr
·$210,028
Other
·
RICKS THOMAS GREGORY
·5,501 shr
Other
·
DEA PETER A
·8,938 shr
Other
·
PITA GEORGE L.
·5,501 shr
Other
·
NANCE STEVEN WAYNE
·5,501 shr
Other
·
IZZO RALPH
·5,501 shr
Other
·
GENTLE MEG A
·5,501 shr
Other
·
SHAW BRIAN GORDON
·5,532 shr
Other
·
MAYSON HOWARD JOHN
·5,501 shr
Other
·
CHHINA SIPPY
·5,532 shr
Other
·
KING TERRI GAY
·5,042 shr
Other
·
CODE COREY DOUGLAS
·56,189 shr
Other
·
MCCRACKEN BRENDAN MICHAEL
·187,391 shr
Other
·
GIVENS GREGORY DEAN
·66,813 shr
Other
·
MOORE RACHEL MAUREEN
·30,079 shr
Other
·
EILERS MEGHAN NICOLE
·31,704 shr
Other
·
PITA GEORGE L.
·2,800 shr
Other
·
MCCRACKEN BRENDAN MICHAEL
·99,945 shr
Buy
·
CHHINA SIPPY
·19 shr
·$915
Sell
·
MAYSON HOWARD JOHN
·4,000 shr
·$204,560
Other
·
RICKS THOMAS GREGORY
·4,213 shr
Other
·
PITA GEORGE L.
·4,213 shr
Other
·
NANCE STEVEN WAYNE
·4,213 shr
Sell
·
EILERS MEGHAN NICOLE
·11,582 shr
·$634,462
Other
·
GENTLE MEG A
·4,213 shr
Other
·
NIMOCKS SUZANNE PAQUIN
·4,213 shr
Other
·
SHAW BRIAN GORDON
·4,196 shr
Other
·
MAYSON HOWARD JOHN
·4,213 shr
Other
·
DEA PETER ALLEN
·6,846 shr
Other
·
CHHINA SIPPY
·4,022 shr
Buy
·
CHHINA SIPPY
·1,600 shr
·$79,200
Sell
·
NANCE STEVEN WAYNE
·12,000 shr
·$600,000
analyst ratings
1 rating
Truist Securities
→Buy
7d ago
ae trade
3
1d ago
4d ago
8d ago
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