Ovintiv Inc.
TSX-OVV
Company Overview
Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.
Name
Ovintiv Inc.
CEO
Mr. Brendan Michael McCracken
Website
www.ovintiv.com
Sector
Oil, Gas and Consumable Fuels
Year Founded
2020
Profile
Market Cap
CA$14.18B
EV
CA$23.67B
Shares Out
261.12M
Revenue
$10.3B
Employees
1,743
Margins
Gross
50.35%
EBITDA
47.69%
Operating
26.26%
Pre-Tax
22.86%
Net
18.84%
FCF
12.23%
Returns (5Yr Avg)
ROA
2.86%
ROTA
5.5%
ROE
5.5%
ROCE
14.92%
ROIC
11.69%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
CA$79.21
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$8M
Net Debt
$6,984M
Debt/Equity
0.68
EBIT/Interest
6.64
Growth (CAGR)
Rev 3Yr
10.48%
Rev 5Yr
10.19%
Rev 10Yr
5.04%
Dil EPS 3Yr
-3.17%
Dil EPS 5Yr
6.63%
Dil EPS 10Yr
12.63%
Rev Fwd 2Yr
-6.17%
EBITDA Fwd 2Yr
2.98%
EPS Fwd 2Yr
-43.89%
EPS LT Growth Est
33%
Dividends
Yield
—
Payout
16.73%
DPS
$1.2
DPS Growth 3Yr
47.36%
DPS Growth 5Yr
28.88%
DPS Growth 10Yr
-5.21%
DPS Growth Fwd 2Yr
3.75%