Evercore analyst Stephen Richardson maintains $Ovintiv (OVV.US)$ with a buy rating, and adjusts the target price from $54 to $56.
According to TipRanks data, the analyst has a success rate of 61.0% and a total average return of 9.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Ovintiv (OVV.US)$'s main analysts recently are as follows:
The company is estimated to be transitioning from Uinta at a multiple of future EBITDX and acquiring assets in Montney at a lower multiple, with a slightly positive effect on the balance sheet. This trade is considered to enhance the organization's long-term free cash flow, upgrade the quality of Montney assets, and prolong the development timeline, marking a beneficial situation for all parties involved.
It's noted that Ovintiv's Permian oil production has consistently outperformed expectations, showing strong well performance along with continuous improvements in efficiency. Additionally, the management's commitment to a disciplined approach regarding mergers and acquisitions has been positively acknowledged by investors.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
Evercore分析師Stephen Richardson維持$Ovintiv (OVV.US)$買入評級，並將目標價從54美元上調至56美元。
根據TipRanks數據顯示，該分析師近一年總勝率為61.0%，總平均回報率為9.6%。
此外，綜合報道，$Ovintiv (OVV.US)$近期主要分析師觀點如下：
據估計，該公司將以未來息稅折舊攤銷前利潤倍數的倍數從Uinta過渡，並以較低的倍數收購Montney的資產，這將對資產負債表產生略有積極的影響。這種交易被認爲可以增強該組織的長期自由現金流，提高Montney資產的質量，並延長開發時間表，這對所有參與方來說都是一個有利的局面。
值得注意的是，Ovintiv的二疊紀石油產量一直超出預期，表現出強勁的油井表現以及效率的持續提高。此外，管理層承諾在兼併和收購方面採取紀律嚴明的方針，得到了投資者的積極認可。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
