Ovintiv is an independent oil and gas producer focused on Canada’s Montney and the US’ Permian basins. The company seeks a maintenance program across its portfolio, boosting output from efficiency gains and pushing down the required capital spending to hold production flat.
Ovintiv’s gas transport portfolio in Canada is an advantage that will be difficult and expensive for competitors to replicate.
Ovintiv has earned its discount through a long period of high leverage and poor decisions. It also suffers from a dual basin discount, as investors who want exposure to the Permian or Montney have cleaner options.
|
Metric
|
OVV
|
WCP
|
OXY
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.33 | 15.56 | 14.68 |
Price/Book Value | 1.68 | 2.13 | 1.87 |
Price/Sales | 1.90 | 2.99 | 2.91 |
Price/Cash Flow | 4.29 | 5.91 | 4.90 |
|
Metric
|
OVV
|
WCP
|
OXY
|
|---|---|---|---|
Quick Ratio | 0.92 | 0.49 | 1.04 |
Current Ratio | 1.01 | 0.56 | 1.41 |
Interest Coverage | 1.71 | 11.29 | 5.89 |
|
Metric
|
OVV
|
WCP
|
OXY
|
|---|---|---|---|
Return on Assets (Normalized) | 12.41% | 8.40% | 4.72% |
Return on Equity (Normalized) | 22.86% | 14.62% | 13.23% |
Return on Invested Capital (Normalized) | 16.15% | 12.11% | 7.57% |
|
1-Day Chart
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Name
|
Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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United States