OV

Ovintiv Inc (OVV)

EnergyOil & Gas E&P
81.63CAD
-5.51%
Magic Rank
#11
Earnings Yield
6.4%
Return on Capital
> 999%
Market Cap
24.3B

Performance vs S&P 500 (5Y)

OVV.TO
S&P 500

About Ovintiv Inc

Ovintiv Inc., together with its subsidiaries, operates as an oil and natural gas exploration and production company in North America. The company operates through USA Operations and Canadian Operations segments. It is involved in the exploration, development, production, and marketing of oil, NGLs, natural gas and other related activities in the Permian in West Texas and Anadarko in West-central Oklahoma in the United States, as well as in northwest Alberta and northeast British Columbia. 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.

Magic Formula Analysis

Enterprise Value29.4B
Market / Universe
ca
Canada

"A company with high ROC and high EY is statistically more likely to outperform the market."

Key Indicators

P/E Ratio12.64
Dividend Yield1.5%
Debt to Equity0.45
Gross Margin23.8%