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: 15.20B
- Market Cap Group: Large Cap
- P/E: 5.95
- Dividend Yield: 2.88%
- 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 | 122.83 | 11.98 | 2.95 | NO | 1 | 5 | 69 |
| CNQ | TSE:CNQ | Canadian Natural Resources | 98.40 | 13.12 | 4.54 | YES | 1 | 5 | 69 |
| EOG | NYSE:EOG | EOG Resources, Inc. | 69.89 | 9.49 | 2.96 | NO | 1 | 5 | 69 |
| OXY | NYSE:OXY | Occidental Petroleum Corporation | 51.13 | 15.76 | 1.53 | NO | 1 | 5 | 69 |
| TOU | TSE:TOU | Tourmaline Oil | 20.05 | 13.45 | 2.32 | YES | 1 | 5 | 69 |
| OVV | TSE:OVV | Ovintiv | 15.20 | 5.95 | 2.88 | NO | 1 | 5 | 69 |
| ARX | TSE:ARX | Arc Resources | 13.72 | 11.86 | 2.96 | NO | 1 | 5 | 69 |
| PSK | TSE:PSK | PrairieSky Royalty | 6.32 | 27.55 | 3.78 | NO | 1 | 5 | 69 |
| WCP | TSE:WCP | Whitecap Resources | 5.92 | 7.90 | 7.38 | NO | 1 | 5 | 69 |
| VRN | TSE:CPG | Veren | 5.92 | 0.00 | 4.80 | NO | 1 | 5 | 69 |
| MUR | NYSE:MUR | Murphy Oil Corporation | 5.72 | 10.45 | 3.20 | NO | 1 | 5 | 69 |
| ERF | TSE:ERF | Enerplus Corporation | 5.66 | 11.41 | 1.28 | NO | 1 | 5 | 69 |
| PEY | TSE:PEY | Peyto Exploration & Development Corp. | 2.65 | 8.36 | 9.68 | NO | 1 | 5 | 69 |
| VET | TSE:VET | Vermillion Energy | 2.05 | 0.00 | 3.68 | NO | 1 | 5 | 69 |
| FRU | TSE:FRU | Freehold Royalties | 2.00 | 13.30 | 8.12 | NO | 1 | 5 | 69 |
| BNE | TSE:BNE | Bonterra Energy | 0.17 | 4.39 | 0.00 | NO | 1 | 5 | 69 |
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 55 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.