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Ovintiv (OVV) Competitors

Ovintiv logo
C$63.91 +1.57 (+2.52%)
(As of 11/20/2024 ET)

OVV vs. IMO, CVE, ARX, HSE, POU, BTE, COP, SSL, VET, and IPCO

Should you be buying Ovintiv stock or one of its competitors? The main competitors of Ovintiv include Imperial Oil (IMO), Cenovus Energy (CVE), ARC Resources (ARX), Husky Energy Inc. (HSE.TO) (HSE), Paramount Resources (POU), Baytex Energy (BTE), Coro Mining (COP), Sandstorm Gold (SSL), Vermilion Energy (VET), and International Petroleum (IPCO). These companies are all part of the "petroleum and natural gas" industry.

Ovintiv vs.

Ovintiv (TSE:OVV) and Imperial Oil (TSE:IMO) are both large-cap energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their community ranking, valuation, profitability, institutional ownership, media sentiment, earnings, dividends, risk and analyst recommendations.

83.2% of Ovintiv shares are held by institutional investors. Comparatively, 24.9% of Imperial Oil shares are held by institutional investors. 0.5% of Ovintiv shares are held by company insiders. Comparatively, 71.3% of Imperial Oil shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Imperial Oil received 241 more outperform votes than Ovintiv when rated by MarketBeat users. However, 60.61% of users gave Ovintiv an outperform vote while only 35.13% of users gave Imperial Oil an outperform vote.

CompanyUnderperformOutperform
OvintivOutperform Votes
40
60.61%
Underperform Votes
26
39.39%
Imperial OilOutperform Votes
281
35.13%
Underperform Votes
519
64.88%

In the previous week, Ovintiv had 12 more articles in the media than Imperial Oil. MarketBeat recorded 15 mentions for Ovintiv and 3 mentions for Imperial Oil. Ovintiv's average media sentiment score of 0.47 beat Imperial Oil's score of 0.32 indicating that Ovintiv is being referred to more favorably in the media.

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

Ovintiv currently has a consensus target price of C$58.50, suggesting a potential downside of 8.47%. Imperial Oil has a consensus target price of C$101.23, suggesting a potential downside of 4.80%. Given Imperial Oil's higher probable upside, analysts plainly believe Imperial Oil is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ovintiv
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
3 Strong Buy rating(s)
3.40
Imperial Oil
0 Sell rating(s)
9 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.20

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OvintivC$10.30B1.64C$1.94BC$9.776.54
Imperial OilC$52.48B1.09C$5.29BC$9.5411.15

Ovintiv has a net margin of 18.84% compared to Imperial Oil's net margin of 10.09%. Imperial Oil's return on equity of 22.17% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Ovintiv18.84% 19.75% 8.59%
Imperial Oil 10.09%22.17%9.78%

Ovintiv has a beta of 2.63, meaning that its stock price is 163% more volatile than the S&P 500. Comparatively, Imperial Oil has a beta of 1.78, meaning that its stock price is 78% more volatile than the S&P 500.

Ovintiv pays an annual dividend of C$1.62 per share and has a dividend yield of 2.5%. Imperial Oil pays an annual dividend of C$2.40 per share and has a dividend yield of 2.3%. Ovintiv pays out 16.6% of its earnings in the form of a dividend. Imperial Oil pays out 25.2% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Ovintiv beats Imperial Oil on 13 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 TSE 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

MetricOvintivOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$16.85BC$1.39BC$3.82BC$6.25B
Dividend Yield2.72%7.88%7.07%5.27%
P/E Ratio6.54134.36109.4726.84
Price / Sales1.6419,780.1114,590.811,531.29
Price / Cash921.2584.3367.5483.81
Price / Book1.631.361.483.15
Net IncomeC$1.94BC$99.86MC$394.46MC$299.38M
7 Day Performance2.44%0.77%1.14%0.76%
1 Month Performance15.47%0.46%-0.59%12.82%
1 Year Performance4.46%0.63%6.03%44.03%

Ovintiv Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OVV
Ovintiv
2.3661 of 5 stars
C$63.91
+2.5%
C$58.50
-8.5%
+3.7%C$16.85BC$10.30B6.541,740Analyst Revision
IMO
Imperial Oil
1.5736 of 5 stars
C$106.33
+0.3%
C$101.23
-4.8%
+34.2%C$56.98BC$52.48B11.155,300
CVE
Cenovus Energy
4.4513 of 5 stars
C$22.62
+0.9%
C$31.90
+41.0%
-9.2%C$42.07BC$55.99B9.016,000Positive News
ARX
ARC Resources
2.5065 of 5 stars
C$26.23
+2.6%
C$30.96
+18.0%
+21.3%C$15.64BC$5.25B13.59438
HSE
Husky Energy Inc. (HSE.TO)
N/AN/AN/AN/AC$6.79BC$14.69B-0.594,802
POU
Paramount Resources
3.4047 of 5 stars
C$30.85
+1.0%
C$37.60
+21.9%
+11.2%C$4.53BC$1.79B12.94579Dividend Announcement
Insider Trade
BTE
Baytex Energy
3.1375 of 5 stars
C$4.20
+1.7%
C$6.11
+45.5%
-22.4%C$3.38BC$3.43B-6.09220
COP
Coro Mining
N/AN/AN/AN/AC$2.41BN/A-150.009,500Gap Up
SSL
Sandstorm Gold
3.8802 of 5 stars
C$7.96
+0.6%
C$10.35
+30.0%
+25.4%C$2.37BC$170.01M56.8628,600
VET
Vermilion Energy
2.5804 of 5 stars
C$14.36
+1.5%
C$19.36
+34.8%
-19.6%C$2.24BC$1.81B-2.81720
IPCO
International Petroleum
N/AC$15.33
+4.7%
C$21.00
+37.0%
+9.7%C$1.85BC$881.28M8.07N/AGap Up

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This page (TSE:OVV) was last updated on 11/21/2024 by MarketBeat.com Staff
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