Ovintiv (OVV) Competitors

C$72.00
-0.49 (-0.68%)
(As of 10:21 AM ET)

OVV vs. TOU, ARX, MEG, CPG, SCR, PSK, WCP, ERF, PPL, and CCO

Should you be buying Ovintiv stock or one of its competitors? The main competitors of Ovintiv include Tourmaline Oil (TOU), ARC Resources (ARX), MEG Energy (MEG), Crescent Point Energy (CPG), Strathcona Resources (SCR), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), Pembina Pipeline (PPL), and Cameco (CCO). These companies are all part of the "energy" sector.

Ovintiv vs.

Tourmaline Oil (TSE:TOU) and Ovintiv (TSE:OVV) are both large-cap energy companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, dividends, analyst recommendations, risk, media sentiment, profitability, community ranking and earnings.

In the previous week, Tourmaline Oil had 3 more articles in the media than Ovintiv. MarketBeat recorded 11 mentions for Tourmaline Oil and 8 mentions for Ovintiv. Tourmaline Oil's average media sentiment score of 0.77 beat Ovintiv's score of 0.22 indicating that Ovintiv is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tourmaline Oil
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Ovintiv
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Tourmaline Oil has a net margin of 35.87% compared to Tourmaline Oil's net margin of 19.56%. Tourmaline Oil's return on equity of 23.09% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Tourmaline Oil35.87% 12.53% 10.31%
Ovintiv 19.56%23.09%10.50%

Tourmaline Oil received 783 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 71.59% of users gave Tourmaline Oil an outperform vote while only 58.06% of users gave Ovintiv an outperform vote.

CompanyUnderperformOutperform
Tourmaline OilOutperform Votes
819
71.59%
Underperform Votes
325
28.41%
OvintivOutperform Votes
36
58.06%
Underperform Votes
26
41.94%

Tourmaline Oil has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500. Comparatively, Ovintiv has a beta of 2.67, suggesting that its share price is 167% more volatile than the S&P 500.

Tourmaline Oil presently has a consensus target price of C$78.08, indicating a potential upside of 17.92%. Ovintiv has a consensus target price of C$58.50, indicating a potential downside of 19.30%. Given Ovintiv's stronger consensus rating and higher probable upside, equities analysts clearly believe Tourmaline Oil is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tourmaline Oil
0 Sell rating(s)
0 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
3.08
Ovintiv
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

55.2% of Tourmaline Oil shares are held by institutional investors. Comparatively, 81.9% of Ovintiv shares are held by institutional investors. 5.2% of Tourmaline Oil shares are held by company insiders. Comparatively, 0.5% of Ovintiv shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Tourmaline Oil pays an annual dividend of C$1.20 per share and has a dividend yield of 1.8%. Ovintiv pays an annual dividend of C$1.62 per share and has a dividend yield of 2.2%. Tourmaline Oil pays out 23.9% of its earnings in the form of a dividend. Ovintiv pays out 15.1% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tourmaline OilC$4.84B4.81C$1.74BC$5.0313.17
OvintivC$10.66B1.83C$2.08BC$10.746.75

Summary

Tourmaline Oil beats Ovintiv on 11 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.
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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.
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OVV vs. The Competition

MetricOvintivOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$19.50BC$1.59BC$3.99BC$5.27B
Dividend Yield2.32%8.42%7.49%5.50%
P/E Ratio6.75103.0386.0223.92
Price / Sales1.8326,840.5119,578.271,398.66
Price / Cash921.2582.5466.5879.33
Price / Book1.901.331.433.09
Net IncomeC$2.08BC$136.42MC$491.23MC$296.80M
7 Day Performance2.11%0.34%0.43%0.53%
1 Month Performance3.14%4.16%3.35%13.86%
1 Year Performance48.21%16.34%21.94%21.45%

Ovintiv Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TOU
Tourmaline Oil
3.0945 of 5 stars
C$65.21
+0.8%
C$77.81
+19.3%
+8.6%C$22.92BC$4.84B12.96389Upcoming Earnings
Analyst Report
ARX
ARC Resources
3.4745 of 5 stars
C$25.46
+1.1%
C$27.67
+8.7%
+53.3%C$15.22BC$5.66B9.75438Upcoming Earnings
Analyst Report
MEG
MEG Energy
2.1363 of 5 stars
C$31.93
+2.5%
C$32.27
+1.1%
+37.1%C$8.69BC$5.65B16.13449Analyst Report
CPG
Crescent Point Energy
3.7948 of 5 stars
C$11.81
+0.7%
C$13.86
+17.4%
+18.5%C$7.32BC$3.19B8.09777Analyst Report
Analyst Revision
News Coverage
SCR
Strathcona Resources
0.2924 of 5 stars
C$32.60
+0.6%
C$34.57
+6.0%
-25.3%C$6.98BC$4.31B-14.86193Analyst Report
PSK
PrairieSky Royalty
3.0766 of 5 stars
C$27.67
+0.9%
C$26.50
-4.2%
+29.0%C$6.61BC$479.60M29.1365Analyst Downgrade
Insider Buying
News Coverage
WCP
Whitecap Resources
3.4282 of 5 stars
C$10.49
flat
C$13.35
+27.3%
-1.8%C$6.27BC$3.23B7.18542Earnings Report
Analyst Report
News Coverage
ERF
Enerplus
1.6161 of 5 stars
C$28.14
-0.2%
C$23.67
-15.9%
+35.8%C$5.72BC$1.53B9.91404Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
PPL
Pembina Pipeline
2.4565 of 5 stars
C$47.27
-0.6%
C$52.42
+10.9%
+8.8%C$25.97BC$9.13B15.812,349Analyst Revision
CCO
Cameco
0.9826 of 5 stars
C$66.57
0.0%
C$72.44
+8.8%
+93.1%C$28.91BC$2.59B80.204,800Upcoming Earnings
Analyst Report
Analyst Revision

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This page (TSE:OVV) was last updated on 4/25/2024 by MarketBeat.com Staff

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