OVV vs. CVE, PBA, CTRA, EC, YPF, PR, AR, VNOM, APA, 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), YPF Sociedad Anónima (YPF), Permian Resources (PR), Antero Resources (AR), Viper Energy (VNOM), APA (APA), 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 superior stock? We will compare the two companies based on the strength of their dividends, community ranking, valuation, analyst recommendations, risk, media sentiment, institutional ownership, earnings and profitability.
Cenovus Energy has a beta of 2.01, meaning that its share price is 101% more volatile than the S&P 500. Comparatively, Ovintiv has a beta of 2.63, meaning that its share price is 163% 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.
51.2% of Cenovus Energy shares are held by institutional investors. Comparatively, 83.8% of Ovintiv shares are held by institutional investors. 1.7% of Ovintiv shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
In the previous week, Ovintiv had 12 more articles in the media than Cenovus Energy. MarketBeat recorded 20 mentions for Ovintiv and 8 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.66 beat Ovintiv's score of 0.65 indicating that Cenovus Energy is being referred to more favorably in the media.
Cenovus Energy received 482 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 60.30% of users gave Cenovus Energy an outperform vote while only 52.55% of users gave Ovintiv an outperform vote.
Cenovus Energy presently has a consensus target price of $30.00, indicating a potential upside of 100.20%. Ovintiv has a consensus target price of $56.81, indicating a potential upside of 24.54%. Given Cenovus Energy's stronger consensus rating and higher probable upside, equities research analysts clearly believe Cenovus Energy is more favorable than Ovintiv.
Cenovus Energy pays an annual dividend of $0.51 per share and has a dividend yield of 3.4%. Ovintiv pays an annual dividend of $1.20 per share and has a dividend yield of 2.6%. Cenovus Energy pays out 35.2% 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.
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.
Summary
Ovintiv beats Cenovus Energy on 12 of the 21 factors compared between the two stocks.
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This page (NYSE:OVV) was last updated on 1/23/2025 by MarketBeat.com Staff