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Ovintiv (OVV) Competitors

Ovintiv logo
$37.78 +0.04 (+0.11%)
(As of 12/20/2024 05:40 PM ET)

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

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), Hess Midstream (HESM), and Chord Energy (CHRD). These companies are all part of the "petroleum and natural gas" industry.

Ovintiv vs.

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

Ovintiv pays an annual dividend of $1.20 per share and has a dividend yield of 3.2%. Cenovus Energy pays an annual dividend of $0.53 per share and has a dividend yield of 3.7%. Ovintiv pays out 15.9% of its earnings in the form of a dividend. Cenovus Energy pays out 36.6% 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.

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

Cenovus Energy received 483 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 60.32% of users gave Cenovus Energy an outperform vote while only 52.24% of users gave Ovintiv an outperform vote.

CompanyUnderperformOutperform
OvintivOutperform Votes
163
52.24%
Underperform Votes
149
47.76%
Cenovus EnergyOutperform Votes
646
60.32%
Underperform Votes
425
39.68%

In the previous week, Cenovus Energy had 2 more articles in the media than Ovintiv. MarketBeat recorded 8 mentions for Cenovus Energy and 6 mentions for Ovintiv. Cenovus Energy's average media sentiment score of 0.54 beat Ovintiv's score of 0.50 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ovintiv
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cenovus Energy
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ovintiv presently has a consensus price target of $56.59, suggesting a potential upside of 49.78%. Cenovus Energy has a consensus price target of $30.00, suggesting a potential upside of 108.04%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Ovintiv.

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

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
Ovintiv20.15% 17.87% 9.35%
Cenovus Energy 6.72%12.88%6.80%

Ovintiv has a beta of 2.63, suggesting that its stock price is 163% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.02, suggesting that its stock price is 102% 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
Ovintiv$10.13B0.97$2.09B$7.545.01
Cenovus Energy$58.94B0.45$3.04B$1.459.94

Summary

Ovintiv beats Cenovus Energy on 11 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$9.84B$7.85B$8.42B$19.19B
Dividend Yield3.16%23.67%11.74%3.65%
P/E Ratio5.0111.1912.1641.32
Price / Sales0.976.5749.7417.53
Price / Cash3.046.9410.9821.28
Price / Book0.991.723.865.32
Net Income$2.09B$1.20B$955.68M$989.88M
7 Day Performance-4.98%-2.81%-2.26%-3.21%
1 Month Performance-19.12%-9.95%-6.81%-4.74%
1 Year Performance-13.78%-5.97%442.53%11.56%

Ovintiv Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OVV
Ovintiv
4.6876 of 5 stars
$37.78
+0.1%
$56.59
+49.8%
-13.8%$9.84B$10.13B5.011,743High Trading Volume
CVE
Cenovus Energy
4.0788 of 5 stars
$14.88
-2.4%
$30.00
+101.6%
-13.8%$27.18B$58.94B10.526,925
PBA
Pembina Pipeline
3.3187 of 5 stars
$37.39
-1.2%
$56.50
+51.1%
+6.0%$21.71B$6.70B15.852,837
CTRA
Coterra Energy
4.7772 of 5 stars
$24.89
-1.7%
$32.65
+31.2%
-8.1%$18.33B$5.66B15.26894
EC
Ecopetrol
2.5453 of 5 stars
$8.05
-2.1%
$8.50
+5.6%
-36.0%$16.55B$133.44T3.5619,657
PR
Permian Resources
4.8753 of 5 stars
$14.20
-3.3%
$18.93
+33.3%
+0.6%$11.41B$3.12B8.90461
AR
Antero Resources
3.7808 of 5 stars
$31.87
-1.5%
$34.33
+7.7%
+35.8%$9.92B$4.08B227.14590
VNOM
Viper Energy
3.5781 of 5 stars
$51.12
-0.1%
$58.27
+14.0%
+51.5%$9.63B$835.80M21.97711
SUN
Sunoco
2.3303 of 5 stars
$53.40
+0.1%
$62.75
+17.5%
-14.3%$8.14B$23.07B12.272,389
HESM
Hess Midstream
2.1763 of 5 stars
$36.75
+0.1%
$38.67
+5.2%
+14.0%$8.01B$1.35B15.55200Positive News
CHRD
Chord Energy
4.8182 of 5 stars
$116.28
-2.5%
$184.55
+58.7%
-34.3%$7.11B$3.90B6.01530

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This page (NYSE:OVV) was last updated on 12/23/2024 by MarketBeat.com Staff
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