Ovintiv is an independent oil and gas producer focused on Canada's Montney and the US' Permian basins. Historically, it has been an acquisitive producer across numerous basins and plays but has divested and exited all but two.
It is a $17.7B energy company. Revenue grew 6.0% over the last year, it keeps 9¢ of every dollar of sales as profit, and its net debt equals ~1.8 years of free cash flow. It trades at 19.1× earnings — near the highest of its own history.
- Website
- ovintiv.com
- Location
- Denver, CO
- Employees
- 1 465
- Sector
- Energy
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation; Growth, Profitability, Quality and Moat lag behind.
Valuation75
- P/E vs own history94th pct · 0/25
- FCF yield12.8% · 25/25
- P/S1.8x · 25/25
- EV/EBITDA7.5x · 25/25
Growth31
- Revenue CAGR0.7% · 6/25
- Net income CAGR-3.2% · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth132.0% · 25/25
Profitability42
- ROIC10.1% · 12/25
- ROE8.3% · 12/25
- Net margin9.4% · 13/25
- Operating margin6.3% · 5/25
Health52
- Altman Z2.10 · 18/25
- Current ratio1.01 · 12/25
- Interest coverage2.9x · 10/25
- Net cash / debtD/A 20% · 12/25
Quality47
- Piotroski F7/9 · 22/25
- Beneish M-2.59 · 25/25
- FCF conversionn/a · 0/25
- Margin stabilityσ 38.2% · 0/25
Moat31
- ROIC >12% years3/7 yrs · 6/25
- Median gross margin17.3% · 0/25
- FCF-positive years7/7 yrs · 25/25
- Worst-year net marginworst -100.2% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2022FinancialRevenue crossed $10B$12.5B for the year
- FY2022FinancialBest year on record$3.64B net income
- FY2019FinancialFirst recorded profitable year$234M net income
- FY2019FinancialRevenue already above $1B$6.73B in first reported year
- FY2019FinancialPositive free cash flow every year since7-year streak
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (72.9%)
- Strong cash conversion — FCF is 23.2% of revenue
- Could repay net debt from ~1.9 years of free cash flow
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Loss-making in 1 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+6.0% YoY
- Profitable — makes more than it spends$920M TTM
- Profit growing — earnings are higher than last year-30.2% YoY
- Generates cash — cash left after running and investing$2.27B TTM
- Debt under control — could handle its obligations~1.8y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$17.7B market cap
- Not printing shares — share count not ballooning — you keep your slice-0.0% shares over ~5y
- Proven track record — years of profitability behind it6/7 profitable years
- Financially stable — balance sheet not near distressAltman Z 2.1 — grey
- Pays a dividend — returns cash to shareholdersyield 1.83%
- Valuation not extreme — price not wildly above earningsP/E 19.1
Peer comparisonOvintiv Inc. vs 6 largest energy peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| OVV this company | $17.7B | 19.1 | +6.0% | 9.4% | Solid |
| XOM ExxonMobil Holdings Corporation | $694.0B | 21.1 | +9.1% | 8.9% | Mixed |
| CVX Chevron Corporation | $416.8B | 20.3 | +10.2% | 9.6% | Mixed |
| SHEL Shell plc | $284.6B | 11.0 | -6.1% | 6.7% | Solid |
| TTE TotalEnergies SE | $191.1B | 10.9 | -6.8% | 7.2% | Solid |
| COP ConocoPhillips | $161.5B | 17.4 | +9.6% | 14.7% | Strained |
| MPC Marathon Petroleum Corporation | $127.8B | 14.9 | +15.0% | 5.6% | Strained |
Head-to-head: OVV vs XOM · OVV vs CVX · OVV vs SHEL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2019–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/OVV
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of OVV on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $63.88 · market cap $17.7B.