Ovintiv (OVV)
Energy · Upstream Oil & Gas Exploration and Production
Independent oil and gas producer developing and marketing hydrocarbon reserves across multiple North American and international basins, managing commodity exposure through risk management strategies.
What Ovintiv does
Ovintiv is an independent oil and natural gas exploration, development, and production company focused on discovering and developing hydrocarbon resources across multiple operating regions. The company generates revenues primarily from the sale of crude oil, natural gas, and natural gas liquids, with additional income from risk management activities and purchased product sales. Ovintiv operates a portfolio of proved and unproved oil and natural gas properties and manages midstream marketing operations to optimize commodity sales.
Themes: ["Oil & gas exploration and production","Energy commodities / crude oil and natural gas","Upstream hydrocarbon development","Risk management / hedging"]
Fundamentals
- Price$55.05 as of 2026-07-09 close
- Market cap$15.5B as of 2026-07-10
- 1-year return+35.9% as of 2026-07-09 close
- P/E20.08 as of 2026-07-10
- Net margin+8.5% as of 2026-07-10
- Gross margin+71.8% as of 2026-07-10
- ROE+7.1% as of 2026-07-10
- Debt / equity0.56 as of 2026-07-10
- Revenue growth (YoY)-1.2% as of 2026-07-10
- Revenue CAGR (3y)-10.6% SEC XBRL
- Beta0.58 as of 2026-07-10
Dividend: yield +2.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Commodity price volatility: oil and natural gas prices directly impact revenues and profitability, as evidenced by the company's loss position in Q1 2026 despite production revenue; exposure to market-driven price fluctuations is inherent to the E&P business","Large impairment charges: the company recorded $1,485 million in impairments in Q1 2026 ($730 million in Q1 2025), indicating substantial write-downs of proved and unproved property values driven by commodity price or valuation pressures","Environmental, health and safety regulatory exposure: the company faces extensive compliance obligations and potential costs from environmental remediation, occupational health/safety claims, and evolving regulatory standards; while management expects compliance costs to be manageable, substantial claims or new regulations could create material liabilities"]
Competitors & peers
- EQT Corporation (EQT)
- Murphy Oil Corporation (MUR)
- Coterra Energy (CTRA)
- Cabot Oil & Gas Corporation
- Comstock Resources (CRK)
- Lonestar Resources
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.