OVV:NYE-Ovintiv Inc (USD)

COMMON STOCK | Oil & Gas E&P |

Last Closing

USD 38.69

Change

-0.07 (-0.18)%

Market Cap

USD 10.76B

Volume

1.46M

Analyst Target

USD 16.30
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-26 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap
OXY Occidental Petroleum Corporati..

+0.08 (+0.17%)

USD 44.22B
TBN Tamboran Resources Corporation

+0.42 (+2.31%)

USD 39.94B
WDS Woodside Energy Group Ltd

-0.14 (-0.92%)

USD 28.94B
TPL Texas Pacific Land Trust

+5.81 (+0.50%)

USD 26.03B
CTRA Coterra Energy Inc

-0.15 (-0.61%)

USD 18.65B
PR Permian Resources Corporation

-0.08 (-0.57%)

USD 11.79B
AR Antero Resources Corp

-0.44 (-1.32%)

USD 9.67B
MTDR Matador Resources Company

+0.03 (+0.06%)

USD 6.62B
CNX CNX Resources Corp

-0.05 (-0.14%)

USD 5.41B
VIST Vista Oil Gas ADR

+0.09 (+0.17%)

USD 5.32B

ETFs Containing OVV

KNGC:CA Brompton Canadian Cash Fl.. 5.63 % 0.00 %

N/A

CAD 2.07M
OCTA Octane All-Cap Value Ener.. 4.62 % 0.00 %

-0.03 (-0.21%)

USD 0.78M
OILT Texas Capital Funds Trust 4.52 % 0.00 %

-0.02 (-0.21%)

USD 0.01B
FNK First Trust Mid Cap Value.. 0.00 % 0.70 %

+0.18 (+-0.21%)

USD 0.23B
FXN First Trust Energy AlphaD.. 0.00 % 0.63 %

-0.06 (-0.21%)

USD 0.37B
PMOM 0.00 % 0.29 %

N/A

N/A
XOP SPDR® S&P Oil & Gas Expl.. 0.00 % 0.35 %

+0.01 (+-0.21%)

N/A
XSU:CA iShares US Small Cap (CAD.. 0.00 % 0.36 %

N/A

CAD 0.84B
DFAT Dimensional U.S. Targeted.. 0.00 % 0.00 %

+0.26 (+-0.21%)

USD 11.39B

Market Performance

  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 -11.91% 41% F 17% F
Dividend Return 2.73% 33% F 43% F
Total Return -9.18% 38% F 17% F
Trailing 12 Months  
Capital Gain -12.62% 42% F 17% F
Dividend Return 2.71% 33% F 42% F
Total Return -9.91% 40% F 16% 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 79.91% 85% B 96% N/A
Dividend Return 82.39% 85% B 96% N/A
Total Return 2.48% 47% F 56% F
Risk Return Profile  
Volatility (Standard Deviation) 146.20% 18% F 6% D-
Risk Adjusted Return 56.36% 54% F 71% C-
Market Capitalization 10.76B 88% B+ 86% B+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

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.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

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.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.