How Do Ovintiv Inc.’s (TSE:OVV) Returns On Capital Compare To Peers? [Yahoo! Finance News]
Ovintiv Inc. (DE) (OVV)
Last ovintiv inc. (de) earnings: 2/19 08:54 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance News
Today we'll evaluate Ovintiv Inc. TSE:OVVFirst up, we'll look at what ROCE is and how we calculate it. Then we'll compare its ROCE to similar companies. Finally, we'll look at how its current liabilities affect its ROCE.What is Return On Capital Employed ROCE)?ROCE is a measure of a company's yearly pre-tax profit its return), relative to the capital employed in the business. All else being equal, a better business will have a higher ROCE. In brief, it is a useful tool, but it is not without drawbacks. Author Edwin WhitingsaysSo, How Do We Calculate ROCE?The formula for calculating the return on capital employed is:Return on Capital Employed = Earnings Before Interest and Tax EBIT) ÷ Total Assets - Current Liabilities)Or for Ovintiv:0.038 = US$729m ÷ US$21b - US$2.4b) Based on the trailing twelve months to December 2019.)Ovintiv has an ROCE of 3.8%.Check out our latest analysis for OvintivDoes Ovintiv Have A Good ROCE?When making comparisons between similar businesses, investors may f
Show less
Read more
Impact Snapshot
Event Time:
OVV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OVV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OVV alerts
High impacting Ovintiv Inc. (DE) news events
Weekly update
A roundup of the hottest topics
OVV
News
- Ovintiv's Q3 Earnings Beat Estimates, Revenues Down 12% Y/Y [Yahoo! Finance]Yahoo! Finance
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at UBS Group AG from $57.00 to $59.00. They now have a "buy" rating on the stock.MarketBeat
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at Scotiabank from $50.00 to $53.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Ovintiv's Twin Deals: What Are the Key Takeaways for Investors? [Yahoo! Finance]Yahoo! Finance
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at Truist Financial Co. from $57.00 to $59.00. They now have a "buy" rating on the stock.MarketBeat
OVV
Earnings
- 11/7/24 - Beat
OVV
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- OVV's page on the SEC website