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S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
Famous Wall Street Crash System Flashes RED (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Famous Wall Street Crash System Flashes RED (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
Famous Wall Street Crash System Flashes RED (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
Famous Wall Street Crash System Flashes RED (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Famous Wall Street Crash System Flashes RED (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
Famous Wall Street Crash System Flashes RED (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Is This The Collapse of Icahn Enterprises ?
Famous Wall Street Crash System Flashes RED (Ad)
20 Best Healthcare Dividend Stocks to Invest in
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Famous Wall Street Crash System Flashes RED (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
Famous Wall Street Crash System Flashes RED (Ad)
What Does the Airbnb Guidance Drop Say About Travel Demand?
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
TSE:OVV

Ovintiv (OVV) Competitors

C$45.85
+0.98 (+2.18%)
(As of 06/1/2023 ET)
Compare
Today's Range
C$44.84
C$46.54
50-Day Range
C$43.26
C$54.13
52-Week Range
C$43.23
C$79.28
Volume
263,904 shs
Average Volume
258,478 shs
Market Capitalization
C$11.21 billion
P/E Ratio
1.99
Dividend Yield
3.53%
Price Target
C$55.00

OVV vs. WCP, VII, TOU, ERF, GEI, TPZ, PPL, SDE, BTE, and FRU

Should you be buying Ovintiv stock or one of its competitors? The main competitors of Ovintiv include Whitecap Resources (WCP), Seven Generations Energy (VII), Tourmaline Oil (TOU), Enerplus (ERF), Gibson Energy (GEI), Topaz Energy (TPZ), Pembina Pipeline (PPL), Spartan Delta (SDE), Baytex Energy (BTE), and Freehold Royalties (FRU). These companies are all part of the "oils/energy" sector.

Ovintiv vs.

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

24.9% of Whitecap Resources shares are owned by institutional investors. Comparatively, 85.2% of Ovintiv shares are owned by institutional investors. 0.7% of Whitecap Resources shares are owned by company insiders. Comparatively, 0.5% of Ovintiv shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Whitecap Resources has a beta of 2.89, indicating that its share price is 189% more volatile than the S&P 500. Comparatively, Ovintiv has a beta of 3.57, indicating that its share price is 257% more volatile than the S&P 500.

In the previous week, Ovintiv had 5 more articles in the media than Whitecap Resources. MarketBeat recorded 7 mentions for Ovintiv and 2 mentions for Whitecap Resources. Whitecap Resources' average media sentiment score of 0.59 beat Ovintiv's score of -0.52 indicating that Whitecap Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Whitecap Resources
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ovintiv
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative

Whitecap Resources has a net margin of 33.46% compared to Ovintiv's net margin of 32.46%. Ovintiv's return on equity of 69.41% beat Whitecap Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Whitecap Resources 33.46% 26.68% 12.55%
Ovintiv 32.46% 69.41% 19.75%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Whitecap ResourcesC$3.84 billion1.47C$1.29 billionC$2.114.43
OvintivC$13.45 billion0.83C$4.37 billionC$23.091.99

Whitecap Resources currently has a consensus target price of C$14.91, indicating a potential upside of 59.63%. Ovintiv has a consensus target price of C$55.00, indicating a potential upside of 19.96%. Given Whitecap Resources' stronger consensus rating and higher probable upside, research analysts clearly believe Whitecap Resources is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Whitecap Resources
0 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
3.14
Ovintiv
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Whitecap Resources received 957 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 79.17% of users gave Whitecap Resources an outperform vote while only 59.32% of users gave Ovintiv an outperform vote.

CompanyUnderperformOutperform
Whitecap ResourcesOutperform Votes
992
79.17%
Underperform Votes
261
20.83%
OvintivOutperform Votes
35
59.32%
Underperform Votes
24
40.68%

Whitecap Resources pays an annual dividend of C$0.58 per share and has a dividend yield of 6.2%. Ovintiv pays an annual dividend of C$1.62 per share and has a dividend yield of 3.5%. Whitecap Resources pays out 27.5% of its earnings in the form of a dividend. Ovintiv pays out 7.0% 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.

Summary

Whitecap Resources beats Ovintiv on 12 of the 21 factors compared between the two stocks.


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.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of TSE 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.
Skip Chart

OVV vs. The Competition

MetricOvintivOil & Gas E & P IndustryEnergy SectorTSE Exchange
Market CapC$11.21BC$858.58MC$5.74BC$4.51B
Dividend Yield3.45%10.88%11.09%5.05%
P/E Ratio1.99188.0951.6022.98
Price / Sales0.8344,694.0310,533.161,334.08
Price / Cash921.2575.4733.0678.71
Price / Book1.421.747.913.58
Net IncomeC$4.37BC$218.79MC$1.18BC$334.26M
7 Day Performance-2.30%-1.66%-0.70%-0.19%
1 Month Performance-5.87%1.55%-0.42%-4.10%
1 Year Performance-37.72%-16.62%-14.24%5.62%

Ovintiv Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WCP
Whitecap Resources
2.4915 of 5 stars
C$9.55
-1.3%
C$14.91
+56.1%
-18.4%C$5.78BC$3.84B4.53453Ex-Dividend
Gap Down
VII
Seven Generations Energy
0 of 5 stars
C$8.45
-1.4%
N/AN/AC$2.82BC$2.26B-1.31224News Coverage
High Trading Volume
TOU
Tourmaline Oil
2.481 of 5 stars
C$58.46
-2.6%
C$84.22
+44.1%
-27.9%C$19.83BC$6.73B4.94322
ERF
Enerplus
2.3646 of 5 stars
C$19.24
-2.4%
C$25.20
+31.0%
-1.9%C$4.12BC$2.09B3.35435Ex-Dividend
GEI
Gibson Energy
1.7072 of 5 stars
C$21.53
+0.2%
C$25.08
+16.5%
-20.4%C$3.06BC$10.71B12.23460
TPZ
Topaz Energy
2.332 of 5 stars
C$20.80
-0.6%
C$27.58
+32.6%
-13.5%C$3.00BC$366.49M31.528Dividend Announcement
News Coverage
PPL
Pembina Pipeline
1.7758 of 5 stars
C$41.67
-1.4%
C$50.82
+22.0%
-19.8%C$22.93BC$10.87B8.472,349
SDE
Spartan Delta
1.3924 of 5 stars
C$15.07
+0.1%
C$17.42
+15.6%
-2.7%C$2.58BC$1.31B3.75121High Trading Volume
BTE
Baytex Energy
2.6469 of 5 stars
C$4.35
-5.0%
C$7.53
+73.1%
-37.3%C$2.37BC$2.24B2.81231Gap Down
FRU
Freehold Royalties
1.876 of 5 stars
C$14.35
-3.0%
C$19.83
+38.2%
-12.0%C$2.16BC$381.99M10.63N/A

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This page (TSE:OVV) was last updated on 6/2/2023 by MarketBeat.com Staff

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