OVV Stock Analysis: Ovintiv | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 14.947m USD | 12M Return: 41.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 169M
EPS Trend: -50.0%
Qual. Beats: 0
Rev. Trend: -95.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
Ovintiv Inc. is a North American oil and natural gas exploration and production (E&P) company headquartered in Denver, Colorado. It operates through two segments: USA Operations and Canadian Operations, focusing on the upstream portion of the energy value chain-the discovery, development, and marketing of crude oil, natural gas liquids (NGLs), and natural gas.
The companys primary producing assets are located in four core regions: the Permian Basin in West Texas, the Anadarko Basin in west-central Oklahoma, and the Montney and Deep Basin plays in northwest Alberta and northeast British Columbia. These multi-basin operations provide geographic and product diversification across the WCSB and U.S. unconventional plays.
Ovintiv was originally incorporated as Encana Corporation and rebranded under its current name in January 2020 following a corporate reorganization and relocation of its headquarters to the United States. It trades as a large-cap stock on the NYSE under the ticker OVV within the GICS Energy sector.
- WTI crude price strength lifts Permian segment cash flow
- Montney natural gas production volumes expand on optimized well spacing
- Share buybacks accelerate as free cash flow surges and debt declines
| Net Income: 771.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 8.92 > 1.0 |
| NWC/Revenue: -15.65% < 20% (prev -19.77%; Δ 4.12% < -1%) |
| CFO/TA 0.17 > 3% & CFO 3.81b > Net Income 771.0m |
| Net Debt (9.08b) to EBITDA (2.73b): 3.33 < 3 |
| Current Ratio: 0.56 > 1.5 & < 3 |
| Outstanding Shares: last quarter (268.2m) vs 12m ago 3.00% < -2% |
| Gross Margin: 47.04% > 18% (prev 55.17%; Δ -8.13% > 0.5%) |
| Asset Turnover: 42.67% > 50% (prev 46.79%; Δ -4.11% > 0%) |
| Interest Coverage Ratio: 1.36 > 6 (EBIT TTM 517.0m / Interest Expense TTM 381.0m) |
| A: -0.06 (Total Current Assets 1.81b - Total Current Liabilities 3.21b) / Total Assets 22.3b |
| B: 0.08 (Retained Earnings 1.73b / Total Assets 22.3b) |
| C: 0.02 (EBIT TTM 517.0m / Avg Total Assets 21.0b) |
| D: 1.08 (Book Value of Equity 11.6b / Total Liabilities 10.7b) |
| Altman-Z'' = 1.14 = BB |
| DSRI: 1.27 (Receivables 1.56b/1.26b, Revenue 8.94b/9.18b) |
| GMI: 1.17 (GM 55.17% / 47.04%) |
| AQI: 1.00 (AQ_t 0.20 / AQ_t-1 0.20) |
| SGI: 0.97 (Revenue 8.94b / 9.18b) |
| TATA: -0.14 (NI 771.0m - CFO 3.81b) / TA 22.3b) |
| Beneish M = -2.68 (Cap -4..+1) = A |
As of July 02, 2026, the stock is trading at USD 52.65 with a total of 2,853,548 shares traded. Over the past week, the price has changed by -4.05%, over one month by -8.97%, over three months by -10.84% and over the past year by +41.93%.
Current recommended Stop Loss: 50.10 (which is 4.8% or 1.4 ATR below the current price).
Ovintiv has received a consensus analysts rating of 4.26. Therefore, it is recommended to buy OVV.
- StrongBuy: 11
- Buy: 7
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 71.8 | 36.4% |
P/E Trailing = 17.4967
P/E Forward = 6.12
P/S = 1.6861
P/B = 1.2933
P/EG = 1.8514
Revenue TTM = 8.94b USD
EBIT TTM = 517.0m USD
EBITDA TTM = 2.73b USD
Long Term Debt = 5.52b USD (from longTermDebt, last quarter)
Short Term Debt = 1.01b USD (from shortTermDebt, last quarter)
Debt = 9.11b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.41b
Net Debt = 9.08b USD (calculated: Debt 9.11b - CCE 26.0m)
Enterprise Value = 24.0b USD (14.9b + Debt 9.11b - CCE 26.0m)
Interest Coverage Ratio = 1.36 (Ebit TTM 517.0m / Interest Expense TTM 381.0m)
EV/FCF = 6.30x (Enterprise Value 24.0b / FCF TTM 3.82b)
FCF Yield = 15.88% (FCF TTM 3.82b / Enterprise Value 24.0b)
FCF Margin = 42.66% (FCF TTM 3.82b / Revenue TTM 8.94b)
Net Margin = 8.62% (Net Income TTM 771.0m / Revenue TTM 8.94b)
Gross Margin = 47.04% ((Revenue TTM 8.94b - Cost of Revenue TTM 4.74b) / Revenue TTM)
Gross Margin QoQ = 55.73% (prev 26.45%)
Tobins Q-Ratio = 1.08 (Enterprise Value 24.0b / Total Assets 22.3b)
Interest Expense / Debt = 4.18% (Interest Expense 381.0m / Debt 9.11b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 408.4m (EBIT 517.0m * (1 - 21.00%))
Current Ratio = 0.56 (Total Current Assets 1.81b / Total Current Liabilities 3.21b)
Debt / Equity = 0.79 (Debt 9.11b / totalStockholderEquity, last quarter 11.6b)
Debt / EBITDA = 3.33 (Net Debt 9.08b / EBITDA 2.73b)
Debt / FCF = 2.38 (Net Debt 9.08b / FCF TTM 3.82b)
Total Stockholder Equity = 10.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.68% (Net Income 771.0m / Total Assets 22.3b)
RoE = 7.11% (Net Income TTM 771.0m / Total Stockholder Equity 10.8b)
RoCE = 3.16% (EBIT 517.0m / Capital Employed (Equity 10.8b + L.T.Debt 5.52b))
RoIC = 2.04% (NOPAT 408.4m / Invested Capital 20.1b)
WACC = 6.82% (E(14.9b)/V(24.1b) * Re(8.97%) + D(9.11b)/V(24.1b) * Rd(4.18%) * (1-Tc(0.21)))
Discount Rate = 8.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -60.0 | Cagr: -1.17%
[DCF] Terminal Value 77.97% ; FCFF base≈2.93b ; Y1≈3.36b ; Y5≈4.95b
[DCF] Fair Price = 232.5 (EV 74.4b - Net Debt 9.08b = Equity 65.3b / Shares 281.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -50.03 | EPS CAGR: -8.55% | SUE: 0.53 | # QB: 0
Revenue Correlation: -95.69 | Revenue CAGR: -10.19% | SUE: 0.09 | # QB: 0
EPS next Quarter (2026-09-30): EPS=2.09 | Chg30d=-1.11% | Revisions=+6% | Analysts=17
EPS current Year (2026-12-31): EPS=7.99 | Chg30d=-0.61% | Revisions=+36% | GrowthEPS=+65.1% | GrowthRev=+9.9%
EPS next Year (2027-12-31): EPS=7.86 | Chg30d=-0.03% | Revisions=+18% | GrowthEPS=-1.6% | GrowthRev=-5.0%
[Analyst] Revisions Ratio: +36%