Ovintiv OVV
United StatesEnergy · Oil & Gas E&PUSD
76.71 USD (+24.9%)
24 analysts
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Ovintiv Inc. is an independent oil and natural gas exploration and production company, with core assets in the Permian Basin (Texas) and the Montney formation (Canada), generating revenue from the sale of crude oil, natural gas, and natural gas liquids.
Key points
from its scores- ✓Good share-price trend9.3
- ✓Strong growth8.3
- ✓Very solid balance sheet7.4
AI analysis
bottom line, main risk, context and newsHold or buy on pullbacks, aware of the cyclical nature of earnings and sensitivity to WTI prices.
Ovintiv shows solid financial health (DN/EBITDA 0.89), attractive valuation (EV/EBITDA 4.35), and strong revenue and earnings growth (29.7% and 37.3%), although part of this growth is cyclical and depends on crude oil prices. Momentum is very positive (75.67).
The main risk is a decline in WTI or natural gas prices, which would compress margins and cash flow, affecting the valuation and growth of a cyclical company like Ovintiv.
Context and risks
Ovintiv is a US-based oil and gas producer with operations in the Permian Basin and Montney (Canada). Its main exposure is to WTI and natural gas prices, not to shipping routes or tariffs. Regulatory and governance risk in the US is moderate, with no material known litigation. The adjustment reflects exposure to crude oil price volatility and dependence on regulatory approval for its fracking operations, without direct relevant geopolitical factors.
Is Ovintiv stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 18% below the Energy median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 17.1 | 15.7 | +9% |
| EV / EBITDA | 4.4 | 8.0 | −46% |
| Price / book | 1.5 | 2.2 | −34% |
| Price / sales | 1.8 | 1.9 | −7% |
Sector: median of the 102 Energy companies analysed. In bold, the multiples used for the comparison.
Valuation score: 7.3 out of 10 (median for Energy: 5.9).
Average analyst target: 76.71 USD, +24.9% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 7.4 (sector 6.8), Growth 8.3 (sector 7.2).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Energy medianValuation
- P/E
- 17.1
- Forward P/E
- 8.2
- EV / EBITDA
- 4.4
- Price / book
- 1.5
- Price / sales
- 1.8
- PEG
- 3.94
- Market cap
- 17.0B USD
- Enterprise value
- 21.3B USD
Profitability
- ROE
- 8.4%
- ROA
- 8.6%
- ROIC (approx.)
- 20.8%
- Gross margin
- 53.9%
- Operating margin
- 36.2%
- Net margin
- 9.7%
- Free cash flow
- 1.2B USD
- FCF yield
- 7.2%
- Cash conversion
- 25%
Solvency
- Total debt
- 5.0B USD
- Net debt
- 4.3B USD
- Cash
- 700.0M USD
- EBITDA
- 4.9B USD
- Net debt / EBITDA
- 0.89
- Debt / equity
- 43.73
- Current ratio
- 1.01
- Quick ratio
- 0.92
Growth
- Revenue growth
- +29.7%
- Earnings growth
- +37.3%
- EPS (TTM)
- 3.59 USD
- EPS (forward)
- 7.47 USD
Dividend
- Dividend yield
- 2.0%
- Payout
- 33.4%
Risk and market
- Beta
- 0.66
- Analyst consensus
- Buy (24)
- Target price
- 76.71 USD
- 52-week range
- 35.47 – 67.51
Recent news
All OVV news →Compare it with its sector
All 102 in Energy →Frequently asked questions about Ovintiv
Is Ovintiv stock cheap or expensive?
On P/E and EV / EBITDA, it trades 18% below the Energy median on average. Valuation score: 7.3 out of 10 (median for Energy: 5.9). Average analyst target: 76.71 USD, +24.9% versus the price. This is not investment advice.
What score does Ovintiv get on MeridIAn Screener?
It scores 7.2 out of 10, rank 142 of 2,130 (better than 93% of the companies analysed). Its strongest category is Momentum (9.3) and its weakest, Quality / Moat (6.1). Analysis of 08/10/2026.
What is Ovintiv's P/E ratio?
Its P/E is 17.1: the share price equals 17.1 times earnings per share over the last 12 months. The Energy median is 15.7. Based on the earnings analysts expect, the forward P/E is 8.2.
How much is Ovintiv worth on the stock market?
Its market capitalisation is 17.0B USD and its enterprise value, debt included, is 21.3B USD.
How much debt does Ovintiv have?
Its net debt (debt minus cash) is 4.3B USD. That is 0.89 times its EBITDA; the Energy median is 1.23.
Does Ovintiv pay a dividend?
Yes: its dividend yield is 1.95% and it pays out 33% of its earnings.
How has Ovintiv stock performed over the last year?
It has risen 70.2% over the last year, excluding dividends. Over the last 52 weeks it has traded between 35.47 and 67.51 USD. Past performance does not guarantee future results.
What do analysts think of Ovintiv?
24 analysts cover it; their average recommendation is “Buy” and their average target is 76.71 USD (+24.9% versus the price). It is an estimate, not market data.