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Ovintiv (OVV) Competitors

Ovintiv logo
$46.72 +0.13 (+0.28%)
(As of 11/22/2024 ET)

OVV vs. CVE, PBA, CTRA, EC, PR, AR, VNOM, SUN, CHRD, and HESM

Should you be buying Ovintiv stock or one of its competitors? The main competitors of Ovintiv include Cenovus Energy (CVE), Pembina Pipeline (PBA), Coterra Energy (CTRA), Ecopetrol (EC), Permian Resources (PR), Antero Resources (AR), Viper Energy (VNOM), Sunoco (SUN), Chord Energy (CHRD), and Hess Midstream (HESM). These companies are all part of the "petroleum and natural gas" industry.

Ovintiv vs.

Cenovus Energy (NYSE:CVE) and Ovintiv (NYSE:OVV) are both large-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, media sentiment, dividends, community ranking, institutional ownership, risk, valuation, analyst recommendations and earnings.

Ovintiv has a net margin of 20.15% compared to Cenovus Energy's net margin of 6.72%. Ovintiv's return on equity of 17.87% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy6.72% 12.88% 6.80%
Ovintiv 20.15%17.87%9.35%

Cenovus Energy pays an annual dividend of $0.53 per share and has a dividend yield of 3.3%. Ovintiv pays an annual dividend of $1.20 per share and has a dividend yield of 2.6%. Cenovus Energy pays out 36.6% of its earnings in the form of a dividend. Ovintiv pays out 15.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Ovintiv had 17 more articles in the media than Cenovus Energy. MarketBeat recorded 28 mentions for Ovintiv and 11 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.32 beat Ovintiv's score of 0.81 indicating that Cenovus Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
8 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ovintiv
14 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cenovus Energy received 486 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 60.49% of users gave Cenovus Energy an outperform vote while only 51.95% of users gave Ovintiv an outperform vote.

CompanyUnderperformOutperform
Cenovus EnergyOutperform Votes
646
60.49%
Underperform Votes
422
39.51%
OvintivOutperform Votes
160
51.95%
Underperform Votes
148
48.05%

Cenovus Energy currently has a consensus price target of $30.00, suggesting a potential upside of 85.47%. Ovintiv has a consensus price target of $56.71, suggesting a potential upside of 21.37%. Given Cenovus Energy's stronger consensus rating and higher possible upside, equities research analysts plainly believe Cenovus Energy is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Ovintiv
0 Sell rating(s)
5 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.78

Cenovus Energy has a beta of 2.05, meaning that its stock price is 105% more volatile than the S&P 500. Comparatively, Ovintiv has a beta of 2.62, meaning that its stock price is 162% more volatile than the S&P 500.

Cenovus Energy has higher revenue and earnings than Ovintiv. Ovintiv is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus Energy$38.67B0.76$3.04B$1.4511.16
Ovintiv$10.13B1.20$2.09B$7.546.20

51.2% of Cenovus Energy shares are owned by institutional investors. Comparatively, 83.8% of Ovintiv shares are owned by institutional investors. 1.7% of Ovintiv shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Ovintiv beats Cenovus Energy on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OVV vs. The Competition

MetricOvintivCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$12.16B$8.24B$8.73B$20.16B
Dividend Yield2.62%23.68%11.51%3.50%
P/E Ratio6.2011.9513.4044.50
Price / Sales1.206.51120.9817.75
Price / Cash3.357.0711.6621.28
Price / Book1.141.803.484.71
Net Income$2.09B$1.19B$949.80M$986.85M
7 Day Performance6.67%3.34%3.84%3.73%
1 Month Performance15.56%10.44%5.15%3.70%
1 Year Performance4.61%1.73%413.15%27.73%

Ovintiv Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OVV
Ovintiv
4.3647 of 5 stars
$46.72
+0.3%
$56.71
+21.4%
+4.6%$12.16B$10.13B6.201,743Analyst Revision
CVE
Cenovus Energy
4.5328 of 5 stars
$16.23
+0.4%
$30.00
+84.8%
-7.7%$29.64B$38.67B11.196,925Positive News
PBA
Pembina Pipeline
3.9959 of 5 stars
$43.17
+1.6%
$56.50
+30.9%
+31.1%$25.06B$6.70B17.842,837Positive News
CTRA
Coterra Energy
4.7579 of 5 stars
$27.45
+2.3%
$32.41
+18.1%
+3.6%$20.22B$5.91B16.55894Insider Trade
Positive News
EC
Ecopetrol
2.1873 of 5 stars
$8.19
+1.4%
$8.50
+3.8%
-32.9%$16.84B$33.22B3.6119,657
PR
Permian Resources
4.8026 of 5 stars
$15.97
+3.3%
$18.93
+18.5%
+23.9%$12.83B$3.12B9.68461Analyst Revision
Positive News
AR
Antero Resources
3.357 of 5 stars
$33.40
+0.7%
$33.50
+0.3%
+32.0%$10.39B$4.08B238.57590Analyst Forecast
Positive News
VNOM
Viper Energy
3.0367 of 5 stars
$54.65
+1.2%
$54.75
+0.2%
+86.4%$10.30B$827.70M23.46711Analyst Forecast
Positive News
SUN
Sunoco
2.0582 of 5 stars
$54.08
+1.2%
$62.25
+15.1%
+2.2%$8.24B$23.07B12.432,389
CHRD
Chord Energy
4.8761 of 5 stars
$132.36
+1.9%
$188.45
+42.4%
-16.5%$8.09B$3.90B6.82530Dividend Announcement
Analyst Forecast
News Coverage
Positive News
HESM
Hess Midstream
2.0374 of 5 stars
$36.82
+2.1%
$38.67
+5.0%
+15.3%$8.03B$1.35B15.60200Positive News

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This page (NYSE:OVV) was last updated on 11/23/2024 by MarketBeat.com Staff
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