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Ovintiv (Ovintiv) Earnings per Share (Diluted)

: $7.95 (TTM As of Dec. 2023)
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Ovintiv's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $3.17. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $7.95.

Ovintiv's EPS (Basic) for the three months ended in Dec. 2023 was $3.22. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $8.04.

Ovintiv's EPS without NRI for the three months ended in Dec. 2023 was $3.17. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $7.97.

During the past 12 months, Ovintiv's average EPS without NRIGrowth Rate was -41.60% per year.

During the past 13 years, Ovintiv's highest 3-Year average EPS without NRI Growth Rate was 194.50% per year. The lowest was -42.90% per year. And the median was -6.00% per year.


Ovintiv Earnings per Share (Diluted) Historical Data

The historical data trend for Ovintiv's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ovintiv Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 -23.47 5.32 14.08 7.90

Ovintiv Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings per Share (Diluted) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.24 1.97 1.34 1.47 3.17

Competitive Comparison

For the Oil & Gas E&P subindustry, Ovintiv's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ovintiv PE Ratio Distribution

For the Oil & Gas industry and Energy sector, Ovintiv's PE Ratio distribution charts can be found below:

* The bar in red indicates where Ovintiv's PE Ratio falls into.



Ovintiv Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Ovintiv's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(2085-0)/263.900
=7.90

Ovintiv's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(856-0)/276.500
=3.10

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Ovintiv  (NYSE:OVV) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Ovintiv Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Ovintiv's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Ovintiv (Ovintiv) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ovintiv Inc (NYSE:OVV) » Definitions » Earnings per Share (Diluted)
Traded in Other Exchanges
Address
370 - 17th Street, Suite 1700, Denver, CO, USA, 80202
Ovintiv is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2019, the company reported net proven reserves of 1,348 million barrels of oil equivalent. Net production averaged 543 thousand barrels of oil equivalent per day in 2020 at a ratio of 53% oil and natural gas liquids and 47% natural gas.
Executives
Meghan Nicole Eilers officer: EVP, GC & Corporate Secretary 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Steven W Nance director 130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Renee Ellen Zemljak officer: EVP, Midstream, Mrktg & Fndmtl SUITE 1700, 370 - 17TH STREET, DENVER CO 80202
Howard John Mayson director C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Thomas G Ricks director H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Katherine Lucas Minyard director 370 17TH STREET, SUITE 1700, DENVER CO 80202
George Pita director 3000 NW 107TH AVENUE, MIAMI FL 33172
Joanne Linette Alexander officer: EVP, General Counsel & CorpSec 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meg Gentle director 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Rachel Maureen Moore officer: EVP, Corporate Services C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Douglas James Suttles director, officer: Chief Executive Officer 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brendan Michael Mccracken officer: EVP, Corp Dev & Ext Relations C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Bruce Gordon Waterman director C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Code Corey Douglas officer: EVP & CFO 500 CENTRE STREET SE, CALGARY A0 T2P 2S5

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