Ovintiv Inc.

Ovintiv Inc.verified

OVV

Price:

$48.89

Market Cap:

$13.05B

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 PE Ratio as of July 2024 (TTM) for Ovintiv Inc. (OVV) is 6.82

According to Ovintiv Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 6.82. This represents a change of -5.83% compared to the average of 7.24 of the last 4 quarters.

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

How has OVV PE Ratio performed in the past?

The mean historical PE Ratio of Ovintiv Inc. over the last ten years is 5.34. The current 6.82 PE Ratio has changed 12.68% with respect to the historical average. Over the past ten years (40 quarters), OVV's PE Ratio was at its highest in in the September 2018 quarter at 82.53. The PE Ratio was at its lowest in in the December 2019 quarter at -253.75.

Quarterly (TTM)
Annual

Average

5.34

Median

4.36

Minimum

-10.97

Maximum

26.18

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

Discovering the peaks and valleys of Ovintiv Inc. PE 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 = 1.25%

Maximum Annual PE Ratio = 26.18

Minimum Annual Increase = -1112.82%

Minimum Annual PE Ratio = -10.97

Quarterly (TTM)
Annual
YearPE RatioChange
20235.4754.83%
20223.54-42.95%
20216.20-1112.82%
2020-0.61-102.34%
201926.18404.39%
20185.19-67.85%
201716.14-247.12%
2016-10.971.25%
2015-0.81-126.74%
20143.03-94.63%

Ovintiv Inc. (OVV) Average PE Ratio

How has OVV PE Ratio performed in the past?

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

3-year avg

5.07

5-year avg

8.15

10-year avg

5.34

Ovintiv Inc. (OVV) PE Ratio vs. Peers

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

Ovintiv Inc.’s PE Ratio is greater than Crescent Point Energy Corp. (-125.43), greater than Baytex Energy Corp. (-14.30), less than Obsidian Energy Ltd. (9.08), less than Canadian Natural Resources Limited (14.49), greater than Vermilion Energy Inc. (-4.05), greater than Vital Energy, Inc. (3.20), greater than SilverBow Resources, Inc. (5.29), greater than Callon Petroleum Company (5.99), less than SandRidge Energy, Inc. (10.29), greater than Earthstone Energy, Inc. (4.95), less than Permian Resources Corporation (17.69), less than Range Resources Corporation (17.39), greater than Southwestern Energy Company (-4.00), less than EQT Corporation (26.10), less than Comstock Resources, Inc. (47.47),

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