OVV Stock Analysis: Ovintiv | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 17.343m USD | 12M Return: 70.1% | US69047Q1022 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 233M
EPS Trend: -37.5%
Qual. Beats: 0
Rev. Trend: -57.3%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ovintiv Inc. (NYSE: OVV) 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-and produces oil, natural gas, and natural gas liquids (NGLs) from three core basins: the Permian in West Texas, the Anadarko in west-central Oklahoma, and the Montney in northwest Alberta and northeast British Columbia. The company was formerly known as Encana Corporation before being renamed Ovintiv in January 2020.
As an upstream E&P operator, Ovintiv is focused exclusively on the exploration, development, and production phase of the oil and gas value chain, rather than midstream transportation or downstream refining. Its asset base is concentrated in some of North Americas most prolific hydrocarbon basins, which are known for high production volumes and well density.
- WTI crude price swings impact Permian drilling returns
- Montney natural gas takeaway constraints limit Canadian production growth
- Capital return pace slows as free cash flow tracks commodity prices
| Net Income: 1.32b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.24 > 0.02 and ΔFCF/TA 15.89 > 1.0 |
| NWC/Revenue: -3.57% < 20% (prev -16.43%; Δ 12.86% < -1%) |
| CFO/TA 0.24 > 3% & CFO 4.68b > Net Income 1.32b |
| Net Debt (6.12b) to EBITDA (3.42b): 1.79 < 3 |
| Current Ratio: 0.84 > 1.5 & < 3 |
| Outstanding Shares: last quarter (275.4m) vs 12m ago 6.70% < -2% |
| Gross Margin: 47.20% > 18% (prev 53.66%; Δ -6.46% > 0.5%) |
| Asset Turnover: 52.42% > 50% (prev 45.92%; Δ 6.50% > 0%) |
| Interest Coverage Ratio: 3.39 > 6 (EBIT TTM 1.26b / Interest Expense TTM 372.0m) |
| A: -0.02 (Total Current Assets 1.92b - Total Current Liabilities 2.29b) / Total Assets 19.6b |
| B: 0.13 (Retained Earnings 2.56b / Total Assets 19.6b) |
| C: 0.06 (EBIT TTM 1.26b / Avg Total Assets 19.5b) |
| D: 1.45 (Book Value of Equity 11.6b / Total Liabilities 8.00b) |
| Altman-Z'' = 2.26 = BBB |
| DSRI: 1.19 (Receivables 1.47b/1.07b, Revenue 10.2b/8.90b) |
| GMI: 1.14 (GM 53.66% / 47.20%) |
| AQI: 0.97 (AQ_t 0.20 / AQ_t-1 0.21) |
| SGI: 1.15 (Revenue 10.2b / 8.90b) |
| TATA: -0.17 (NI 1.32b - CFO 4.68b) / TA 19.6b) |
| Beneish M = -2.67 (Cap -4..+1) = A |
As of November 07, 2026, the stock is trading at USD 60.91 with a total of 3,773,235 shares traded. Over the past week, the price has changed by -14.89%, over one month by -0.07%, over three months by +5.57% and over the past year by +70.07%.
Current recommended Stop Loss: 55.70 (which is 8.6% or 2.2 ATR below the current price).
Ovintiv has received a consensus analysts rating of 4.37. Therefore, it is recommended to buy OVV.
- StrongBuy: 16
- Buy: 5
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 81.5 | 33.8% |
P/E Trailing = 12.515
P/E Forward = 9.4429
P/S = 1.8212
P/B = 1.5152
P/EG = 3.2629
Revenue TTM = 10.2b USD
EBIT TTM = 1.26b USD
EBITDA TTM = 3.42b USD
Long Term Debt = 4.39b USD (from longTermDebt, last fiscal year)
Short Term Debt = 133.0m USD (from shortTermDebt, last quarter)
Debt = 6.29b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.33b
Net Debt = 6.12b USD (calculated: Debt 6.29b - CCE 176.0m)
Enterprise Value = 23.5b USD (17.3b + Debt 6.29b - CCE 176.0m)
Interest Coverage Ratio = 3.39 (Ebit TTM 1.26b / Interest Expense TTM 372.0m)
EV/FCF = 5.08x (Enterprise Value 23.5b / FCF TTM 4.62b)
FCF Yield = 19.69% (FCF TTM 4.62b / Enterprise Value 23.5b)
FCF Margin = 45.19% (FCF TTM 4.62b / Revenue TTM 10.2b)
Net Margin = 12.93% (Net Income TTM 1.32b / Revenue TTM 10.2b)
Gross Margin = 47.20% ((Revenue TTM 10.2b - Cost of Revenue TTM 5.40b) / Revenue TTM)
Gross Margin QoQ = 33.70% (prev 61.40%)
Tobins Q-Ratio = 1.20 (Enterprise Value 23.5b / Total Assets 19.6b)
Interest Expense / Debt = 5.91% (Interest Expense 372.0m / Debt 6.29b)
Taxrate = 31.72% (255.0m / 804.0m)
NOPAT = 860.4m (EBIT 1.26b * (1 - 31.72%))
Current Ratio = 0.84 (Total Current Assets 1.92b / Total Current Liabilities 2.29b)
Debt / Equity = 0.54 (Debt 6.29b / totalStockholderEquity, last quarter 11.6b)
Debt / EBITDA = 1.79 (Net Debt 6.12b / EBITDA 3.42b)
Debt / FCF = 1.32 (Net Debt 6.12b / FCF TTM 4.62b)
Total Stockholder Equity = 11.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.78% (Net Income 1.32b / Total Assets 19.6b)
RoE = 11.52% (Net Income TTM 1.32b / Total Stockholder Equity 11.5b)
RoCE = 7.95% (EBIT 1.26b / Capital Employed (Equity 11.5b + L.T.Debt 4.39b))
RoIC = 4.98% (NOPAT 860.4m / Invested Capital 17.3b)
WACC = 6.41% (E(17.3b)/V(23.6b) * Re(7.27%) + D(6.29b)/V(23.6b) * Rd(5.91%) * (1-Tc(0.32)))
Discount Rate = 7.27% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 52.96 | Cagr: 1.20%
[DCF] Terminal Value 77.97% ; FCFF base≈3.37b ; Y1≈3.86b ; Y5≈5.68b
[DCF] Fair Price = 286.8 (EV 85.4b - Net Debt 6.12b = Equity 79.3b / Shares 276.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -37.47 | EPS CAGR: -5.30% | SUE: -0.08 | # QB: 0
Revenue Correlation: -57.28 | Revenue CAGR: -4.78% | SUE: 0.99 | # QB: 2
EPS current Quarter (2027-03-31): EPS=2.28 | Chg30d=+10.59% | Revisions=+50% | Analysts=14
EPS current Year (2026-12-31): EPS=8.43 | Chg30d=+12.08% | Revisions=+41% | GrowthEPS=+74.2% | GrowthRev=+15.7%
EPS next Year (2027-12-31): EPS=8.57 | Chg30d=+14.65% | Revisions=+61% | GrowthEPS=+1.6% | GrowthRev=-11.0%
[Analyst] Revisions Ratio: +57% (up=40, down=10)