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Ovintiv Inc
OVV | US
43.13
USD0.35
0.82%
OVV | US
About Ovintiv Inc
Sector
Energy
Industry
Oil & Gas E&P
Earnings date
30/06/2024
As of date
11/10/2024
Close
43.13
Open
42.48
High
43.28
Low
42.48
Ovintiv Inc. together with its subsidiaries explores develops produces and markets natural gas oil and natural gas liquids in the United States and Canada. It operates through USA Operations Canadian Operations and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in northwest North Dakota and Uinta in central Utah; and Horn River in northeast British Columbia and Wheatland in southern Alberta. 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.
View LessOVV | US
Risk
41.4
Sharpe
-0.46
Luna's Score
51/100
Recommendation
Hold
Luna says (OVV | US)
What's Working
Largecap (10B - 200B USD)
Good Dividend Yield (2% <= Dividend Yield <= 8%)
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
What's not Working
High Short-term Volatility
High Market Beta (> 0.8)
Declining Revenue (< 0%)
Weak Sharpe Ratio (< 0.3)
Volatility Signals
Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.
Risk Meter
10 days
44.4%1 month
41.4%3 months
36.3%6 months
31.7%Returns
Fundamental Ratios
PE
6.11
Fwd. PE
9.72
Price to book
1.11
Debt to equity
0.68
Debt to assets
0.35
Ent. to EBITDA
3.73
Ent. to rev.
1.77
PEG
-
Other Fundamentals
EBITDA
4.91B
MarketCap
11.37B
MarketCap(USD)
11.37B
Div. yield
2.76
Op. margin
25.31
Erngs. growth
-5.20
Rev. growth
-6.80
Ret. on equity
19.75
Short ratio
1.83
Short perc.
1.99
Market Sentiment (SMA and Price signals)
Short-term: Bullish (SMA10D > SMA1M)
Intermediate-term: Bearish (SMA1M < SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
6.48
Range1M
7.12
Range3M
12.66
Volumes: Market Activity
Rel. volume
0.72
Price X volume
132.02M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | 3.73 | 5.73 | Cheaper |
| Ent. to Revenue | 1.77 | 3.77 | Cheaper |
| PE Ratio | 6.11 | 18.89 | Cheaper |
| Price to Book | 1.11 | 42.07 | Cheaper |
| Dividend Yield | 2.76 | 5.20 | Poor |
| Std. Deviation (3M) | 36.32 | 40.56 | Par |
| Debt to Equity | 0.68 | 1.96 | Cheaper |
| Debt to Assets | 0.35 | 0.24 | Expensive |
| Market Cap | 11.37B | 9.65B | Par |
