Ovintiv Inc.

Ovintiv Inc.verified

OVV

Price:

$43.53

Market Cap:

$11.47B

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...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2002-04-08

Stock Exchange

NYSE

Ticker

OVV

The Current Ratio as of October 2024 (TTM) for Ovintiv Inc. (OVV) is 0.44

According to Ovintiv Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.44. This represents a change of -12.57% compared to the average of 0.50 of the last 4 quarters.

Ovintiv Inc. (OVV) Historical Current Ratio (quarterly & annually)

How has OVV Current Ratio performed in the past?

The mean historical Current Ratio of Ovintiv Inc. over the last ten years is 0.94. The current 0.44 Current Ratio has changed 4.56% with respect to the historical average. Over the past ten years (40 quarters), OVV's Current Ratio was at its highest in in the September 2014 quarter at 4.12. The Current Ratio was at its lowest in in the March 2021 quarter at 0.36.

Quarterly (TTM)
Annual

Average

0.94

Median

0.98

Minimum

0.51

Maximum

1.37

Ovintiv Inc. (OVV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ovintiv Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 12.21%

Maximum Annual Current Ratio = 1.37

Minimum Annual Increase = -42.10%

Minimum Annual Current Ratio = 0.51

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.60-2.25%
20220.615.58%
20210.5812.21%
20200.51-33.03%
20190.77-42.10%
20181.33-3.09%
20171.3711.26%
20161.232.12%
20151.211.38%
20141.19-18.18%

Ovintiv Inc. (OVV) Average Current Ratio

How has OVV Current Ratio performed in the past?

The current Current Ratio of Ovintiv Inc. (OVV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.59

5-year avg

0.61

10-year avg

0.94

Ovintiv Inc. (OVV) Current Ratio vs. Peers

How is OVV’s Current Ratio compared to its peers?

Ovintiv Inc.’s Current Ratio is less than Crescent Point Energy Corp. (1.03), less than Baytex Energy Corp. (0.72), less than Obsidian Energy Ltd. (0.49), less than Canadian Natural Resources Limited (0.88), less than Vermilion Energy Inc. (1.09), less than Vital Energy, Inc. (0.51), less than SilverBow Resources, Inc. (0.63), greater than Callon Petroleum Company (0.39), less than SandRidge Energy, Inc. (5.14), less than Earthstone Energy, Inc. (0.47), less than Permian Resources Corporation (0.50), less than Range Resources Corporation (0.58), less than Southwestern Energy Company (0.53), less than EQT Corporation (0.73), less than Comstock Resources, Inc. (0.59),

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