Ovintiv May Generate Over $6 Per Share In 2025 Free Cash Flow (Rating Upgrade)

  • Ovintiv is projected to generate over $1.6 billion in 2025 free cash flow. This would leave it with over $1.3 billion (after dividends) to put towards debt reduction and share repurchases. I estimate Ovintiv's value at $50 per share, so share repurchases at $36 would be quite favorable.