S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
WARNING: Mandatory U.S. Dollar Recall is Weeks Away (Ad)
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
Canadian autoworkers ratify new labor agreement with Ford
NYSE:OVV

Ovintiv (OVV) Competitors

$45.20
+0.01 (+0.02%)
(As of 09/22/2023 08:52 PM ET)
Compare
Today's Range
$45.06
$46.18
50-Day Range
$39.32
$48.98
52-Week Range
$32.07
$59.10
Volume
4.29 million shs
Average Volume
3.59 million shs
Market Capitalization
$12.38 billion
P/E Ratio
3.41
Dividend Yield
2.65%
Price Target
$56.89

OVV vs. RRC, DEN, TS, DTM, VNOM, CVI, AMNI, HHRSW, COP, and NEX

Should you be buying Ovintiv stock or one of its competitors? The main competitors of Ovintiv include Range Resources (RRC), Denbury (DEN), Tenaris (TS), DT Midstream (DTM), Viper Energy Partners (VNOM), CVR Energy (CVI), American Noble Gas (AMNI), Hammerhead Energy (HHRSW), ConocoPhillips (COP), and NexTier Oilfield Solutions (NEX).

Ovintiv vs.

Ovintiv (NYSE:OVV) and Range Resources (NYSE:RRC) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, valuation, community ranking, risk, earnings and media sentiment.

Range Resources has a net margin of 37.22% compared to Ovintiv's net margin of 28.27%. Range Resources' return on equity of 31.85% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Ovintiv28.27% 16.27% 7.98%
Range Resources 37.22%31.85%13.73%

Ovintiv has a beta of 2.81, indicating that its stock price is 181% more volatile than the S&P 500. Comparatively, Range Resources has a beta of 2.12, indicating that its stock price is 112% more volatile than the S&P 500.

98.3% of Ovintiv shares are owned by institutional investors. Comparatively, 94.7% of Range Resources shares are owned by institutional investors. 1.7% of Ovintiv shares are owned by insiders. Comparatively, 1.6% of Range Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Range Resources received 874 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 60.36% of users gave Range Resources an outperform vote while only 49.41% of users gave Ovintiv an outperform vote.

CompanyUnderperformOutperform
OvintivOutperform Votes
125
49.41%
Underperform Votes
128
50.59%
Range ResourcesOutperform Votes
999
60.36%
Underperform Votes
656
39.64%

Ovintiv presently has a consensus target price of $56.89, suggesting a potential upside of 25.86%. Range Resources has a consensus target price of $34.45, suggesting a potential upside of 14.41%. Given Ovintiv's higher probable upside, research analysts clearly believe Ovintiv is more favorable than Range Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ovintiv
0 Sell rating(s)
8 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.50
Range Resources
2 Sell rating(s)
7 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.50

Ovintiv pays an annual dividend of $1.20 per share and has a dividend yield of 2.7%. Range Resources pays an annual dividend of $0.32 per share and has a dividend yield of 1.1%. Ovintiv pays out 9.1% of its earnings in the form of a dividend. Range Resources pays out 4.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Ovintiv has higher revenue and earnings than Range Resources. Ovintiv is trading at a lower price-to-earnings ratio than Range Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ovintiv$12.46B0.99$3.64B$13.243.41
Range Resources$4.15B1.75$1.18B$6.874.38

In the previous week, Ovintiv had 7 more articles in the media than Range Resources. MarketBeat recorded 11 mentions for Ovintiv and 4 mentions for Range Resources. Range Resources' average media sentiment score of 1.26 beat Ovintiv's score of 1.15 indicating that Range Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ovintiv
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Range Resources
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Range Resources beats Ovintiv on 10 of the 19 factors compared between the two stocks.


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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OVV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OVV vs. The Competition

MetricOvintivCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$12.38B$9.02B$8.12B$15.29B
Dividend Yield2.65%16.68%11.39%3.70%
P/E Ratio3.414.029.3021.27
Price / Sales0.993.6262.438.75
Price / Cash3.854.0610.9617.11
Price / Book1.442.679.686.55
Net Income$3.64B$1.98B$1.33B$900.93M
7 Day Performance-4.48%-3.04%-2.01%-2.91%
1 Month Performance-2.29%0.53%0.69%-2.65%
1 Year Performance6.05%19.34%12.60%8.48%

Ovintiv Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RRC
Range Resources
2.7686 of 5 stars
$31.40
-0.2%
$34.38
+9.5%
+20.4%$7.56B$4.15B4.57544Analyst Revision
Positive News
DEN
Denbury
1.5485 of 5 stars
$98.00
-0.2%
$95.50
-2.6%
+27.7%$4.99B$1.71B10.94793
TS
Tenaris
2.5538 of 5 stars
$32.16
-1.6%
$43.80
+36.2%
+27.6%$18.98B$11.76B5.1826,000
DTM
DT Midstream
2.0965 of 5 stars
$52.94
-0.6%
$56.83
+7.4%
+4.0%$5.13B$920M13.90362
VNOM
Viper Energy Partners
3.2369 of 5 stars
$27.88
-1.7%
$37.69
+35.2%
+2.8%$4.51B$866.47M12.452,020Analyst Revision
Positive News
CVI
CVR Energy
1.3555 of 5 stars
$33.62
-2.9%
$32.50
-3.3%
+27.6%$3.38B$10.90B6.391,470Positive News
AMNI
American Noble Gas
0 of 5 stars
$0.02
flat
N/AN/A$500,000.00$120,000.00-0.163
HHRSW
Hammerhead Energy
0 of 5 stars
$2.97
-13.9%
N/AN/A$0.00$697.24M0.0073
COP
ConocoPhillips
3.124 of 5 stars
$123.16
-1.1%
$135.11
+9.7%
+18.5%$147.48B$82.16B11.879,700Analyst Revision
NEX
NexTier Oilfield Solutions
1.6806 of 5 stars
$10.69
+0.8%
$12.48
+16.7%
+55.4%$2.44B$3.65B4.004,302Analyst Report

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This page (NYSE:OVV) was last updated on 9/25/2023 by MarketBeat.com Staff

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