Ovintiv Inc.

Ovintiv Inc.verified

OVV

Price:

$46.52

Market Cap:

$12.42B

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 ROE as of July 2024 (TTM) for Ovintiv Inc. (OVV) is 19.61%

According to Ovintiv Inc.’s latest financial reports and current stock price. The company's current ROE is 19.61%. This represents a change of 304.12% compared to the average of 4.85% of the last 4 quarters.

Ovintiv Inc. (OVV) Historical ROE (quarterly & annually)

How has OVV ROE performed in the past?

The mean historical ROE of Ovintiv Inc. over the last ten years is -9.87%. The current 19.61% ROE has changed -298.59% with respect to the historical average. Over the past ten years (40 quarters), OVV's ROE was at its highest in in the September 2014 quarter at 29.55%. The ROE was at its lowest in in the June 2020 quarter at -74.63%.

Quarterly (TTM)
Annual

Average

-9.87%

Median

13.32%

Minimum

-158.90%

Maximum

47.30%

Ovintiv Inc. (OVV) ROE by Quarter and Year

Discovering the peaks and valleys of Ovintiv Inc. ROE, 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 = 663.83%

Maximum Annual ROE = 47.30%

Minimum Annual Increase = -6843.07%

Minimum Annual ROE = -158.90%

Quarterly (TTM)
Annual
YearROEChange
202320.11%-57.49%
202247.30%69.50%
202127.91%-117.56%
2020-158.90%-6843.07%
20192.36%-83.58%
201814.35%16.78%
201712.29%-179.77%
2016-15.41%-81.60%
2015-83.75%-339.13%
201435.02%663.83%

Ovintiv Inc. (OVV) Average ROE

How has OVV ROE performed in the past?

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

3-year avg

31.77%

5-year avg

-12.25%

10-year avg

-9.87%

Ovintiv Inc. (OVV) ROE vs. Peers

How is OVV’s ROE compared to its peers?

Ovintiv Inc.’s ROE is greater than Crescent Point Energy Corp. (-0.91%), greater than Baytex Energy Corp. (-7.01%), less than Obsidian Energy Ltd. (5.47%), less than Canadian Natural Resources Limited (18.83%), greater than Vermilion Energy Inc. (-17.99%), less than Vital Energy, Inc. (22.99%), less than SilverBow Resources, Inc. (17.54%), less than Callon Petroleum Company (10.67%), less than SandRidge Energy, Inc. (10.65%), less than Earthstone Energy, Inc. (26.29%), less than Permian Resources Corporation (10.28%), less than Range Resources Corporation (13.36%), greater than Southwestern Energy Company (-32.94%), less than EQT Corporation (4.42%), less than Comstock Resources, Inc. (2.60%),

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