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Ovintiv (OVV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here is a look at what to expect from energy stocks APA, OVV, VIST, and EXE ahead of their quarterly earnings reports, set to be released tomorrow.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ovintiv (OVV), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
The mean of analysts' price targets for Ovintiv (OVV) points to a 29.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Tourmaline, Ovintiv and Arc Resources have been highlighted in this Industry Outlook article.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise investing in companies like TRMLF, OVV and AETUF.
OVV's impressive production growth, strategic expansion and shareholder-focused approach make it a solid investment in the energy market.
OVV finalizes its Montney asset acquisition, adding considerable net acres and oil output to its portfolio.