Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. In addition, the company’s upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia. 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.
Metrics to compare | OVV | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipOVVPeersSector | |
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P/E Ratio | 5.9x | 5.5x | 4.6x | |
PEG Ratio | −0.13 | 0.19 | 0.00 | |
Price/Book | 1.1x | 1.3x | 1.1x | |
Price / LTM Sales | 1.1x | 1.9x | 1.2x | |
Upside (Analyst Target) | 26.3% | 16.0% | 29.0% | |
Fair Value Upside | Unlock | 13.2% | 7.4% | Unlock |