Ovintiv Inc.OVV.TO

$74.51+0.53 (+0.72%)
TSXEnergy24:00 UTC

Company snapshot

Market Cap
$20B
Large-cap
+143%
2016 — today
10-Year Price
+54%
2016 — today
52-Week Range
$50.39$86.20
Current $74.51· 67%

Ovintiv Inc., headquartered in Denver, Colorado, is an energy enterprise that, along with its affiliates, specializes in the discovery, extraction, development, and commercialization of natural gas, oil, and natural gas liquids. Its operations are structured across three divisions: USA Operations, Canadian Operations, and Market Optimization. The company's primary resource plays are located in the Permian Basin of west Texas and the Anadarko Basin in west-central Oklahoma within the United States, as well as the Montney region spanning northeast British Columbia and northwest Alberta in Canada. Further upstream holdings include the Bakken formation in North Dakota, the Uinta Basin in central Utah, British Columbia's Horn River, and Alberta's Wheatland areas. This entity rebranded from Encana Corporation to Ovintiv Inc. in January 2020.

Valuation in context

P/E ratio
23.7
Historically pricey
Historically pricey — last 10 years
P/B ratio
1.7
Around average
Around the 10-year average
EV / EBITDA
6.6
Above average
Pricier than usual over the last 10 years
Dividend Yield
2.2%
Historically high
Historically high relative to the last 10 years
FCF Yield
8.5%
Above average
Above the 10-year average
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