OVV Stock Analysis: Ovintiv | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 17.044m USD | 12M Return: 61.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 181M
EPS Trend: -48.9%
Qual. Beats: 0
Rev. Trend: -84.4%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 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. 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: 920.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.23 > 0.02 and ΔFCF/TA 14.11 > 1.0 |
| NWC/Revenue: 0.18% < 20% (prev -17.70%; Δ 17.88% < -1%) |
| CFO/TA 0.23 > 3% & CFO 4.43b > Net Income 920.0m |
| Net Debt (5.55b) to EBITDA (2.83b): 1.96 < 3 |
| Current Ratio: 1.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (281.9m) vs 12m ago 8.38% < -2% |
| Gross Margin: 62.69% > 18% (prev 54.59%; Δ 8.10% > 0.5%) |
| Asset Turnover: 49.40% > 50% (prev 46.66%; Δ 2.75% > 0%) |
| Interest Coverage Ratio: 1.72 > 6 (EBIT TTM 662.0m / Interest Expense TTM 386.0m) |
| A: 0.00 (Total Current Assets 2.25b - Total Current Liabilities 2.23b) / Total Assets 19.3b |
| B: 0.11 (Retained Earnings 2.10b / Total Assets 19.3b) |
| C: 0.03 (EBIT TTM 662.0m / Avg Total Assets 19.5b) |
| D: 1.48 (Book Value of Equity 11.5b / Total Liabilities 7.78b) |
| Altman-Z'' = 2.14 = BBB |
| DSRI: 1.10 (Receivables 1.30b/1.13b, Revenue 9.64b/9.21b) |
| GMI: 0.87 (GM 54.59% / 62.69%) |
| AQI: 0.95 (AQ_t 0.20 / AQ_t-1 0.21) |
| SGI: 1.05 (Revenue 9.64b / 9.21b) |
| TATA: -0.18 (NI 920.0m - CFO 4.43b) / TA 19.3b) |
| Beneish M = -3.07 (Cap -4..+1) = AA |
As of August 04, 2026, the stock is trading at USD 61.88 with a total of 2,209,894 shares traded. Over the past week, the price has changed by +3.00%, over one month by +16.10%, over three months by -1.15% and over the past year by +61.26%.
Current recommended Stop Loss: 57.90 (which is 6.4% or 2.1 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 | 72.9 | 17.7% |
P/E Trailing = 17.2123
P/E Forward = 9.5147
P/S = 1.7898
P/B = 1.474
P/EG = 1.8514
Revenue TTM = 9.64b USD
EBIT TTM = 662.0m USD
EBITDA TTM = 2.83b USD
Long Term Debt = 3.69b USD (from longTermDebt, last quarter)
Short Term Debt = 105.0m USD (from shortTermDebt, last quarter)
Debt = 6.25b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.33b
Net Debt = 5.55b USD (calculated: Debt 6.25b - CCE 700.0m)
Enterprise Value = 22.6b USD (17.0b + Debt 6.25b - CCE 700.0m)
Interest Coverage Ratio = 1.72 (Ebit TTM 662.0m / Interest Expense TTM 386.0m)
EV/FCF = 5.16x (Enterprise Value 22.6b / FCF TTM 4.38b)
FCF Yield = 19.39% (FCF TTM 4.38b / Enterprise Value 22.6b)
FCF Margin = 45.46% (FCF TTM 4.38b / Revenue TTM 9.64b)
Net Margin = 9.55% (Net Income TTM 920.0m / Revenue TTM 9.64b)
Gross Margin = 62.69% ((Revenue TTM 9.64b - Cost of Revenue TTM 3.60b) / Revenue TTM)
Gross Margin QoQ = none% (prev 55.73%)
Tobins Q-Ratio = 1.17 (Enterprise Value 22.6b / Total Assets 19.3b)
Interest Expense / Debt = 6.17% (Interest Expense 386.0m / Debt 6.25b)
Taxrate = 15.40% (83.0m / 539.0m)
NOPAT = 560.1m (EBIT 662.0m * (1 - 15.40%))
Current Ratio = 1.01 (Total Current Assets 2.25b / Total Current Liabilities 2.23b)
Debt / Equity = 0.54 (Debt 6.25b / totalStockholderEquity, last quarter 11.5b)
Debt / EBITDA = 1.96 (Net Debt 5.55b / EBITDA 2.83b)
Debt / FCF = 1.27 (Net Debt 5.55b / FCF TTM 4.38b)
Total Stockholder Equity = 11.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.72% (Net Income 920.0m / Total Assets 19.3b)
RoE = 8.27% (Net Income TTM 920.0m / Total Stockholder Equity 11.1b)
RoCE = 4.47% (EBIT 662.0m / Capital Employed (Equity 11.1b + L.T.Debt 3.69b))
RoIC = 3.36% (NOPAT 560.1m / Invested Capital 16.7b)
WACC = 7.34% (E(17.0b)/V(23.3b) * Re(8.12%) + D(6.25b)/V(23.3b) * Rd(6.17%) * (1-Tc(0.15)))
Discount Rate = 8.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 14.43 | Cagr: 1.55%
[DCF] Terminal Value 77.97% ; FCFF base≈3.31b ; Y1≈3.79b ; Y5≈5.58b
[DCF] Fair Price = 283.6 (EV 84.0b - Net Debt 5.55b = Equity 78.4b / Shares 276.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -48.92 | EPS CAGR: -6.48% | SUE: -0.71 | # QB: 0
Revenue Correlation: -84.35 | Revenue CAGR: -7.54% | SUE: 1.34 | # QB: 1
EPS current Quarter (2026-09-30): EPS=1.87 | Chg30d=-10.69% | Revisions=-38% | Analysts=16
EPS current Year (2026-12-31): EPS=7.22 | Chg30d=-9.66% | Revisions=-38% | GrowthEPS=+49.1% | GrowthRev=+12.9%
EPS next Year (2027-12-31): EPS=7.30 | Chg30d=-7.14% | Revisions=-38% | GrowthEPS=+1.1% | GrowthRev=-6.7%
[Analyst] Revisions Ratio: -50% (up=3, down=12)