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Ovintiv (OVV) Competitors

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C$54.32 -0.03 (-0.06%)
(As of 12/20/2024 05:17 PM 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.

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

Imperial Oil currently has a consensus target price of C$103.90, indicating a potential upside of 17.26%. Ovintiv has a consensus target price of C$58.50, indicating a potential upside of 7.70%. Given Imperial Oil's higher probable upside, equities research analysts clearly believe Imperial Oil is more favorable than Ovintiv.

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

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
Imperial OilC$52.48B0.90C$5.29BC$9.549.29
OvintivC$10.30B1.39C$1.94BC$9.775.56

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 35.04% of users gave Imperial Oil an outperform vote.

CompanyUnderperformOutperform
Imperial OilOutperform Votes
281
35.04%
Underperform Votes
521
64.96%
OvintivOutperform Votes
40
60.61%
Underperform Votes
26
39.39%

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

Imperial Oil pays an annual dividend of C$2.40 per share and has a dividend yield of 2.7%. Ovintiv pays an annual dividend of C$1.62 per share and has a dividend yield of 3.0%. Imperial Oil pays out 25.2% of its earnings in the form of a dividend. Ovintiv pays out 16.6% 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. Ovintiv is clearly the better dividend stock, given its higher yield and lower payout ratio.

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
Imperial Oil10.09% 22.17% 9.78%
Ovintiv 18.84%19.75%8.59%

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

In the previous week, Imperial Oil had 8 more articles in the media than Ovintiv. MarketBeat recorded 10 mentions for Imperial Oil and 2 mentions for Ovintiv. Ovintiv's average media sentiment score of -0.13 beat Imperial Oil's score of -0.60 indicating that Ovintiv is being referred to more favorably in the news media.

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

Summary

Ovintiv beats Imperial Oil 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 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$14.32BC$1.29BC$3.71BC$5.82B
Dividend Yield2.72%8.00%7.21%5.78%
P/E Ratio5.56108.1796.0826.08
Price / Sales1.3921,578.8415,431.051,299.55
Price / Cash921.2591.1871.5079.99
Price / Book1.391.371.483.06
Net IncomeC$1.94BC$99.02MC$412.26MC$291.80M
7 Day Performance-5.83%-3.28%-3.33%-2.47%
1 Month Performance-16.60%-4.48%-4.31%-0.74%
1 Year Performance-6.30%-4.41%-0.12%33.90%

Ovintiv Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OVV
Ovintiv
1.7481 of 5 stars
C$54.32
-0.1%
C$58.50
+7.7%
-6.2%C$14.32BC$10.30B5.561,740Dividend Cut
Negative News
IMO
Imperial Oil
2.8701 of 5 stars
C$94.62
-1.4%
C$103.90
+9.8%
+18.4%C$50.70BC$52.48B10.065,300Analyst Revision
News Coverage
High Trading Volume
CVE
Cenovus Energy
4.8484 of 5 stars
C$21.20
-2.3%
C$31.50
+48.6%
-6.3%C$39.43BC$55.99B8.526,000Dividend Announcement
Analyst Forecast
News Coverage
ARX
ARC Resources
3.7447 of 5 stars
C$25.10
-2.4%
C$31.35
+24.9%
+25.3%C$14.97BC$5.25B13.03438Dividend Increase
HSE
Husky Energy Inc. (HSE.TO)
N/AC$6.76
+5.1%
N/AN/AC$6.79BC$14.69B-0.594,802
POU
Paramount Resources
4.2819 of 5 stars
C$29.89
-1.5%
C$38.40
+28.5%
+11.1%C$4.38BC$1.79B12.61579Dividend Announcement
Analyst Forecast
News Coverage
High Trading Volume
BTE
Baytex Energy
3.5879 of 5 stars
C$3.39
-5.0%
C$5.97
+76.0%
-26.6%C$2.73BC$3.43B-5.03220Dividend Announcement
News Coverage
COP
Coro Mining
N/AN/AN/AN/AC$2.41BN/A-6.009,500Gap Up
SSL
Sandstorm Gold
3.3838 of 5 stars
C$7.98
-0.3%
C$10.35
+29.7%
+16.3%C$2.37BC$170.01M56.8628,600News Coverage
VET
Vermilion Energy
1.8985 of 5 stars
C$12.93
-3.7%
C$19.36
+49.8%
-23.6%C$2.02BC$1.81B-2.53720Analyst Forecast
Analyst Revision
News Coverage
IPCO
International Petroleum
N/AC$15.75
-1.9%
C$21.00
+33.3%
-2.3%C$1.90BC$881.28M8.45N/A

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This page (TSE:OVV) was last updated on 12/21/2024 by MarketBeat.com Staff
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