Overview Dividends

(OVV) Ovintiv - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US69047Q1022

Natural Gas, Oil, Natural Gas Liquids

Oil & Gas Exploration & Production
Market Cap in USD: 10,254m

IPO / Inception: 2002-04-08
Return 12m vs S&P 500: -24.5%

EPS (Earnings per Share)

EPS CAGR: -52.43%
EPS Trend: -51.9%

Last SUE: -3.64
Qual. Beats: 0

Revenue

Rev. CAGR: -12.54%
Rev. Trend: -60.8%

Last SUE: 0.14
Qual. Beats: 0

Dividends

Dividend Yield	3.10%
Yield on Cost 5y	7.89%
Yield CAGR 5y	26.54%
Payout Consistency	83.3%
Payout Ratio	24.3%

Risk via 5d forecast
Volatility	37.1%
Value at Risk 5%th	59.9%
Relative Tail Risk	-1.79%

Reward TTM
Sharpe Ratio	0.01
Alpha	-30.55
CAGR/Max DD	-0.14

Character TTM
Hurst Exponent	0.394
Beta	1.422
Beta Downside	2.114

Drawdowns 3y
Max DD	42.21%
Mean DD	19.74%
Median DD	21.39%

Description: OVV Ovintiv January 03, 2026

Ovintiv Inc. (NYSE: OVV) is a U.S.–based E&P company that explores, develops, produces, and markets natural gas, oil, and natural gas liquids across three core North American plays: the Permian Basin, the Anadarko Basin, and the Montney formation. The firm rebranded from Encana Corporation in January 2020 and is headquartered in Denver, Colorado.

**Key operating metrics (2023 12-month, per the latest Form 10-K):**
• Average daily production ≈ 400 k boe/d (≈ 260 k boe/d oil & NGLs, ≈ 140 k boe/d natural gas).
• Adjusted EBITDA ≈ $3.2 bn, yielding an EBITDA-margin of ~ 20 %.
• Free cash flow ≈ $2.1 bn, supporting a net-debt-to-EBITDA ratio of ~ 1.1×.
These figures assume the reported 2023 results are comparable to prior years; any material revisions in reserves or capital spending would shift the ratios.

**Economic and sector drivers:**
• Oil price volatility remains the dominant risk; a $5/boe move in Brent can swing EBITDA by ± $300 m.
• U.S. natural-gas prices are tightly linked to seasonal demand, storage levels, and LNG export capacity-factors that can affect the Montney gas-heavy portfolio.
• Capital efficiency is a competitive lever; Ovintiv’s 2023 capital spend of $1.6 bn (≈ $4 k per boe) is below the G-Oil & Gas average, indicating a focus on low-cost acreage.

For a deeper dive into Ovintiv’s valuation metrics, see the ValueRay page.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (236.0m TTM) > 0 and > 6% of Revenue (6% = 534.2m TTM)

FCFTA 0.08 (>2.0%) and ΔFCFTA -0.66pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -16.43% (prev -13.67%; Δ -2.76pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.19 (>3.0%) and CFO 3.72b > Net Income 236.0m (YES >=105%, WARN >=100%)

Net Debt (6.40b) to EBITDA (2.88b) ratio: 2.22 <= 3.0 (WARN <= 3.5)

Current Ratio 0.45 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (258.1m) change vs 12m ago -2.23% (target <= -2.0% for YES)

Gross Margin 53.66% (prev 56.63%; Δ -2.98pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 45.37% (prev 51.01%; Δ -5.64pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.77 (EBITDA TTM 2.88b / Interest Expense TTM 387.0m) >= 6 (WARN >= 3)

Altman Z'' 0.29

(A) -0.08 = (Total Current Assets 1.17b - Total Current Liabilities 2.64b) / Total Assets 19.39b

(B) 0.08 = Retained Earnings (Balance) 1.57b / Total Assets 19.39b

(D) 0.27 = Book Value of Equity 2.48b / Total Liabilities 9.15b

Total Rating: 0.29 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 47.67

1. Piotroski 4.0pt

2. FCF Yield 8.92%

3. FCF Margin 16.69%

4. Debt/Equity 0.63

5. Debt/Ebitda 2.22

6. ROIC - WACC (= -3.89)%

7. RoE 2.30%

8. Rev. Trend -60.85%

9. EPS Trend -51.87%

What is the price of OVV shares?

As of January 10, 2026, the stock is trading at USD 38.67 with a total of 2,260,997 shares traded.
Over the past week, the price has changed by -4.49%, over one month by -5.96%, over three months by -0.49% and over the past year by -8.64%.

Is OVV a buy, sell or hold?

Ovintiv has received a consensus analysts rating of 4.26. Therefore, it is recommended to buy OVV.

Strong Buy: 11
Buy: 7
Hold: 5
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the OVV price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	53.8	39.2%
Analysts Target Price	53.8	39.2%
ValueRay Target Price	39.5	2.1%

OVV Fundamental Data Overview January 04, 2026

P/E Trailing = 43.5376
P/E Forward = 7.4794
P/S = 1.1661
P/B = 0.9698
Beta = 0.779
Revenue TTM = 8.90b USD
EBIT TTM = 684.0m USD
EBITDA TTM = 2.88b USD
Long Term Debt = 4.39b USD (from longTermDebt, last quarter)
Short Term Debt = 931.0m USD (from shortTermDebt, last quarter)
Debt = 6.43b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.40b USD (from netDebt column, last quarter)
Enterprise Value = 16.66b USD (10.25b + Debt 6.43b - CCE 25.0m)
Interest Coverage Ratio = 1.77 (Ebit TTM 684.0m / Interest Expense TTM 387.0m)
FCF Yield = 8.92% (FCF TTM 1.49b / Enterprise Value 16.66b)
FCF Margin = 16.69% (FCF TTM 1.49b / Revenue TTM 8.90b)
Net Margin = 2.65% (Net Income TTM 236.0m / Revenue TTM 8.90b)
Gross Margin = 53.66% ((Revenue TTM 8.90b - Cost of Revenue TTM 4.13b) / Revenue TTM)
Gross Margin QoQ = 49.41% (prev 53.88%)
Tobins Q-Ratio = 0.86 (Enterprise Value 16.66b / Total Assets 19.39b)
Interest Expense / Debt = 1.38% (Interest Expense 89.0m / Debt 6.43b)
Taxrate = 22.92% (44.0m / 192.0m)
NOPAT = 527.2m (EBIT 684.0m * (1 - 22.92%))
Current Ratio = 0.45 (Total Current Assets 1.17b / Total Current Liabilities 2.64b)
Debt / Equity = 0.63 (Debt 6.43b / totalStockholderEquity, last quarter 10.23b)
Debt / EBITDA = 2.22 (Net Debt 6.40b / EBITDA 2.88b)
Debt / FCF = 4.31 (Net Debt 6.40b / FCF TTM 1.49b)
Total Stockholder Equity = 10.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.20% (Net Income 236.0m / Total Assets 19.39b)
RoE = 2.30% (Net Income TTM 236.0m / Total Stockholder Equity 10.26b)
RoCE = 4.67% (EBIT 684.0m / Capital Employed (Equity 10.26b + L.T.Debt 4.39b))
RoIC = 3.37% (NOPAT 527.2m / Invested Capital 15.64b)
WACC = 7.26% (E(10.25b)/V(16.68b) * Re(11.15%) + D(6.43b)/V(16.68b) * Rd(1.38%) * (1-Tc(0.23)))
Discount Rate = 11.15% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.73%
[DCF Debug] Terminal Value 80.33% ; FCFF base≈1.55b ; Y1≈1.49b ; Y5≈1.46b
Fair Price DCF = 93.76 (EV 30.15b - Net Debt 6.40b = Equity 23.74b / Shares 253.3m; r=7.26% [WACC]; 5y FCF grow -5.21% → 2.90% )
EPS Correlation: -51.87 | EPS CAGR: -52.43% | SUE: -3.64 | # QB: 0
Revenue Correlation: -60.85 | Revenue CAGR: -12.54% | SUE: 0.14 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.30 | Chg30d=+0.026 | Revisions Net=-1 | Analysts=10
EPS next Year (2026-12-31): EPS=5.14 | Chg30d=-0.245 | Revisions Net=-5 | Growth EPS=+14.2% | Growth Revenue=-2.5%

Additional Sources for OVV Stock

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