Ovintiv Earnings: Logan Acquisition Will Lift 2027 Production Growth
Ovintiv reported adjusted EBITDA of USD 1.38 billion, slightly above but in line with S&P Consensus.
Ovintiv Inc OVV
Bulls Say, Bears Say
Bulls
Ovintiv’s gas transport portfolio in Canada is an advantage that will be difficult and expensive for competitors to replicate.
Bears
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.
News
Ovintiv Reports Third Quarter 2026 Financial and Operating Results
Oil Enters November With OPEC+ Holding Steady and Five Producers Set to Report
Ovintiv Announces Agreement to Acquire Montney Oil Producer, Logan Energy Corp.
Ovintiv to Host its Third Quarter 2026 Results Conference Call and Webcast on November 4, 2026
Ovintiv Renews Annual Share Buy-Back Program
Ovintiv Announces Permian and Montney Inventory Additions
Trading Information
- Previous Close Price
- $60.50
- Day Range
- $58.98–61.92
- 52-Week Range
- $36.81–73.62
- Bid/Ask
- $60.90 / $62.99
- Shares Outstanding
- 268.71M
- Market Cap
- $16.55B
- Volume/Avg
- 1 / 3M
Key Statistics
- Price/Earnings (Normalized)
- 8.70
- Price/Sales
- 1.62
- Dividend Yield (Trailing)
- 1.95%
- Dividend Yield (Forward)
- 1.95%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 6.87%
Company Profile
Ovintiv is an independent oil and gas producer focused on Canada’s Montney and the US’ Permian basins. Historically, it has been an acquisitive producer across numerous basins and plays but has divested and exited all but two. It remains an active buyer in the remaining footprint. The firm estimates that it has up to 20 and 15 years of inventory remaining in the Montney and Permian basins, respectively.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Mid Value
- Total Number of Employees
- 1,465
- Website
- https://www.ovintiv.com
Competitors
Valuation
Metric | OVV | OXY | FANG |
|---|---|---|---|
Price/Earnings (Normalized) | 8.70 | 13.33 | 12.34 |
Price/Book Value | 1.44 | 1.63 | 1.28 |
Price/Sales | 1.62 | 2.66 | 2.72 |
Price/Cash Flow | 3.58 | 4.16 | 4.54 |
Price/Earnings
OVV
OXY
FANG
Financial Strength
Metric | OVV | OXY | FANG |
|---|---|---|---|
Quick Ratio | 0.73 | 1.04 | 0.51 |
Current Ratio | 0.84 | 1.38 | 0.55 |
Interest Coverage | 3.39 | 8.81 | 10.98 |
Quick Ratio
OVV
OXY
FANG
Profitability
Metric | OVV | OXY | FANG |
|---|---|---|---|
Return on Assets (Normalized) | 9.50% | 6.49% | 8.55% |
Return on Equity (Normalized) | 17.11% | 17.12% | 16.25% |
Return on Invested Capital (Normalized) | 12.64% | 9.75% | 10.91% |
Return on Assets
OVV
OXY
FANG
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United States