Values as of: 2024-11-13
COMMON STOCK | Oil & Gas E&P |
Last Closing
USD 42.21Change
+0.24 (+0.57)%Market Cap
USD 10.33BVolume
2.97MAnalyst Target
USD 16.30Verdict
Verdict
Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. In addition, the company's upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.
Company Website : https://www.ovintiv.com
Currency: USD
Country : USA
| Symbol | Name | Price(Change) | Market Cap |
|---|---|---|---|
| OXY | Occidental Petroleum Corporati.. |
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| WDS | Woodside Energy Group Ltd |
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| CTRA | Coterra Energy Inc |
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| MRO | Marathon Oil Corporation |
+0.30 (+1.06%) |
USD 15.39B |
| PR | Permian Resources Corporation |
-0.06 (-0.39%) |
USD 10.76B |
| AR | Antero Resources Corp |
+0.03 (+0.10%) |
USD 9.71B |
| MTDR | Matador Resources Company |
+0.75 (+1.31%) |
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| CNX | CNX Resources Corp |
+0.17 (+0.44%) |
USD 5.54B |
| Symbol | Name | Weight | Mer | Price(Change) | Market Cap |
|---|---|---|---|---|---|
| PXE | Invesco Dynamic Energy Ex.. | 4.96 % | 0.63 % |
+0.26 (+-0.37%) |
USD 0.12B |
| KNGC:CA | Brompton Canadian Cash Fl.. | 4.82 % | 0.00 % |
-0.04 (-0.37%) |
CAD 2.07M |
| OILT | Texas Capital Funds Trust | 4.33 % | 0.00 % |
+0.09 (+-0.37%) |
USD 0.01B |
| FXN | First Trust Energy AlphaD.. | 4.27 % | 0.63 % |
+0.04 (+-0.37%) |
USD 0.40B |
| PMOM | 0.00 % | 0.29 % |
N/A |
N/A | |
| XOP | SPDR® S&P Oil & Gas Expl.. | 0.00 % | 0.35 % |
+0.59 (+-0.37%) |
N/A |
| XSU:CA | iShares US Small Cap (CAD.. | 0.00 % | 0.36 % |
-0.35 (-0.37%) |
CAD 0.82B |
| Market Performance vs. Industry/Classification (Oil & Gas E&P) | Market Performance vs. Exchange | ||||||
| Value | Sector Median | Percentile Rank | Grade | Market Median | Percentile Rank | Grade | |
| YTD | |||||||
| Capital Gain | -3.89% | 37% | F | 20% | F | ||
| Dividend Return | 2.05% | 25% | F | 37% | F | ||
| Total Return | -1.84% | 33% | F | 19% | F | ||
| Trailing 12 Months | |||||||
| Capital Gain | -7.05% | 38% | F | 13% | F | ||
| Dividend Return | 2.64% | 36% | F | 37% | F | ||
| Total Return | -4.40% | 34% | F | 14% | F | ||
| Trailing 5 Years | |||||||
| Capital Gain | N/A | N/A | N/A | N/A | N/A | ||
| Dividend Return | N/A | N/A | N/A | N/A | N/A | ||
| Total Return | N/A | N/A | N/A | N/A | N/A | ||
| Average Annual (5 Year Horizon) | |||||||
| Capital Gain | 79.95% | 85% | B | 96% | N/A | ||
| Dividend Return | 82.36% | 85% | B | 96% | N/A | ||
| Total Return | 2.41% | 49% | F | 55% | F | ||
| Risk Return Profile | |||||||
| Volatility (Standard Deviation) | 146.22% | 17% | F | 6% | D- | ||
| Risk Adjusted Return | 56.33% | 53% | F | 73% | C | ||
| Market Capitalization | 10.33B | 86% | B+ | 86% | B+ | ||
| Target Price Action | Rating Action | Analyst | Rating | Price | Date |
|---|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The company had positive total cash flow in the most recent four quarters.
The company had positive total free cash flow in the most recent four quarters.
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
The company has under performed its peers on annual average total returns in the past 5 years.
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
This stock has shown below median dividend growth in the previous 5 years compared to its sector.
