Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.
Analyst Optimism | Analysts project price targets ranging from $53 to $59, with an average of $56, reflecting confidence in Ovintiv's growth strategy and market position |
Operational Excellence | Delve into Ovintiv's improved well performance and cycle time reductions, driving operational efficiencies and lower costs across its focused asset base |
Financial Resilience | Explore Ovintiv's 53-year dividend streak, strong Q3 2024 performance, and projected EPS growth, showcasing its financial stability and future potential |
Strategic Focus | Ovintiv's portfolio streamlining in Midland and Montney regions positions it for high returns and long-term growth in the North American oil and gas secto |
Metrics to compare | OVV | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipOVVPeersSector | |
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P/E Ratio | 7.8x | 10.8x | 4.7x | |
PEG Ratio | −0.16 | −0.59 | 0.00 | |
Price / Book | 0.8x | 1.5x | 1.1x | |
Price / LTM Sales | 1.0x | 3.1x | 1.0x | |
Upside (Analyst Target) | 63.1% | 30.2% | 49.1% | |
Fair Value Upside | Unlock | 24.9% | 13.0% | Unlock |