How did OVV's Q1 2025 EPS forecast compare to past trends?

Ovintiv's Q1 2025 EPS forecast of $2.19, as increased by Capital One Financial, represents a significant improvement over the company's recent past trends:

1. **Recent Decline**: Ovintiv's EPS had experienced a substantial decline, with the twelve months ending December 31, 2024, showing a 43.92% decline year-over-year.
2. **Q1 2025 Forecast**: The forecasted EPS of $2.19 for Q1 2025 indicates a strong rebound from the recent past, suggesting a potential recovery in the company's earnings trajectory.
3. **Long-term Trends**: When compared to the long-term trends, the Q1 2025 EPS forecast is still lower than the peak seen in 2018, but it represents a substantial improvement over the recent few years.

In summary, while Ovintiv's Q1 2025 EPS forecast reflects a strong recovery from recent declines, it remains to be seen how this trend will continue in the longer term.