Ovintiv is a leading North American energy producer engaging in the exploration, development, and production of oil, NGLs, natural gas and other related activities in Canada and the USA.
It has a diversified portfolio of assets consisting of natural gas, oil, and natural gas liquids. As North America’s premier resource company, Encana operates an integrated supply chain with a good geographic reach.
The company has successfully transformed its natural gas portfolio to a balanced commodity mix since 2013. Its Montney operation has developed as a top global play driving significant corporate returns. This high quality multi-basin portfolio gives scale and cost advantages to Ovintiv. Its technology and innovation capabilities also provide an edge over the competition.
Ovintiv Stock Details
- Ticker: tse:ovv
- Sector: Energy
- Industry: Oil & Gas E&P
- Market Cap: 11.35B
- Market Cap Group: Large Cap
- P/E: 2.42
- Dividend Yield: 2.94%
- Grade: B
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 3/10
- Dividend Income Fit: 5/10
OVV Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| COP | NYSE:COP | ConocoPhillips | 116.31 | 7.07 | 2.14 | NO | 1 | 5 | 69 |
| CNQ | TSE:CNQ | Canadian Natural Resources | 78.18 | 7.42 | 5.10 | YES | 1 | 5 | 69 |
| EOG | NYSE:EOG | EOG Resources, Inc. | 62.00 | 7.67 | 3.13 | NO | 1 | 5 | 69 |
| OXY | NYSE:OXY | Occidental Petroleum Corporation | 52.25 | 6.24 | 1.24 | NO | 1 | 5 | 69 |
| TOU | TSE:TOU | Tourmaline Oil | 18.50 | 4.17 | 1.83 | NO | 1 | 5 | 69 |
| OVV | TSE:OVV | Ovintiv | 11.35 | 2.42 | 2.94 | NO | 1 | 5 | 69 |
| ARX | TSE:ARX | Arc Resources | 9.40 | 4.37 | 3.95 | NO | 1 | 5 | 69 |
| WCP | TSE:WCP | Whitecap Resources | 6.16 | 3.76 | 5.71 | NO | 1 | 5 | 69 |
| MUR | NYSE:MUR | Murphy Oil Corporation | 5.37 | 6.16 | 3.19 | NO | 1 | 5 | 69 |
| PSK | TSE:PSK | PrairieSky Royalty | 5.01 | 15.78 | 4.58 | NO | 1 | 5 | 69 |
| CPG | TSE:CPG | Crescent Point Energy | 4.86 | 3.41 | 4.52 | NO | 1 | 5 | 69 |
| ERF | TSE:ERF | Enerplus Corporation | 4.26 | 3.72 | 1.57 | NO | 1 | 5 | 69 |
| VET | TSE:VET | Vermillion Energy | 2.77 | 2.18 | 2.35 | NO | 1 | 5 | 69 |
| PEY | TSE:PEY | Peyto Exploration & Development Corp. | 2.13 | 5.45 | 1.64 | NO | 1 | 5 | 69 |
| FRU | TSE:FRU | Freehold Royalties | 2.12 | 10.17 | 7.66 | NO | 1 | 5 | 69 |
| CG | TSE:CG | Centerra Gold | 1.91 | 0.00 | 3.21 | NO | 1 | 1 | 69 |
| BNE | TSE:BNE | Bonterra Energy | 0.22 | 2.82 | 0.00 | NO | 1 | 5 | 69 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.
Ovintiv - FAQ
What is the stock ticker for Ovintiv?
The stock ticker for Ovintiv is TSE:ovv.
Is Ovintiv a good stock to buy?
You need to consider your investment strategy and how TSE:ovv can fit in your portfolio.
The current dividend income score of 5/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Ovintiv a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 54 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Ovintiv?
You can easily buy the OVV stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.