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Ovintiv Inc. (OVV) Stock Fundamental Analysis & AI Rating 2026

OVV NYSE Crude Petroleum & Natural Gas DE CIK: 0001792580
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
HOLD
72% Conf
Pending
Analysis scheduled

📊 OVV Key Takeaways

Revenue: $8.9B
Net Margin: 13.9%
Free Cash Flow: $1.5B
Current Ratio: 0.54x
Debt/Equity: 0.46x
EPS: $4.78
AI Rating: HOLD with 72% confidence
Ovintiv Inc. (OVV) receives a HOLD rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $8.9B, net profit margin of 13.9%, and return on equity (ROE) of 11.1%, Ovintiv Inc. demonstrates mixed fundamentals in the Energy sector. Below is our complete OVV stock analysis for 2026.

Is Ovintiv Inc. (OVV) a Good Investment?

Claude

Ovintiv demonstrates solid fundamental profitability (13.9% net margin) and exceptional free cash flow generation ($1.5B, 16.9% FCF margin) that supports operational sustainability. However, stagnant net income growth (0.0% YoY), critically low liquidity (0.54x current ratio with only $35M cash), and modest revenue growth (2.8% YoY) in a cyclical commodity business create meaningful headwinds that offset operational strengths.

Why Buy Ovintiv Inc. Stock? OVV Key Strengths

Claude
  • + Exceptional free cash flow generation of $1.5B with 16.9% FCF margin demonstrates strong cash conversion ability
  • + Solid profitability with 13.9% net margin and 12.7% operating margin showing operational efficiency
  • + Moderate leverage at 0.46x debt-to-equity with 3.0x interest coverage reflects manageable debt burden

OVV Stock Risks: Ovintiv Inc. Investment Risks

Claude
  • ! Critically low liquidity with 0.54x current ratio and only $35M cash reserves is concerning for capital-intensive energy operations
  • ! Flat net income growth (0.0% YoY) despite revenue increase signals margin compression and cost pressures
  • ! Cyclical commodity business with modest 2.8% revenue growth and heavy capex requirements ($2.1B annually) limit organic expansion

Key Metrics to Watch

Claude
  • * Current ratio and cash position trend - liquidity must improve to mitigate risk
  • * Net income growth trajectory - must inflect positive to confirm operational health
  • * Free cash flow sustainability relative to capital expenditure - ensure capex cycle doesn't strain finances

Ovintiv Inc. (OVV) Financial Metrics & Key Ratios

Revenue
$8.9B
Net Income
$1.2B
EPS (Diluted)
$4.78
Free Cash Flow
$1.5B
Total Assets
$20.4B
Cash Position
$35.0M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

OVV Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 12.7%
Net Margin 13.9%
ROE 11.1%
ROA 6.1%
FCF Margin 16.9%

OVV vs Energy Sector: How Ovintiv Inc. Compares

How Ovintiv Inc. compares to Energy sector averages

Net Margin
OVV 13.9%
vs
Sector Avg 12.0%
OVV Sector
ROE
OVV 11.1%
vs
Sector Avg 14.0%
OVV Sector
Current Ratio
OVV 0.5x
vs
Sector Avg 1.3x
OVV Sector
Debt/Equity
OVV 0.5x
vs
Sector Avg 0.6x
OVV Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ovintiv Inc. Stock Overvalued? OVV Valuation Analysis 2026

Based on fundamental analysis, Ovintiv Inc. has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
11.1%
Sector avg: 14%
Net Profit Margin
13.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.46x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ovintiv Inc. Balance Sheet: OVV Debt, Cash & Liquidity

Current Ratio
0.54x
Quick Ratio
0.54x
Debt/Equity
0.46x
Debt/Assets
45.1%
Interest Coverage
3.01x
Long-term Debt
$5.2B

OVV Revenue & Earnings Growth: 5-Year Financial Trend

OVV 5-year financial data: Year 2021: Revenue $10.5B, Net Income $234.0M, EPS $0.90. Year 2022: Revenue $14.3B, Net Income -$6.1B, EPS $-23.47. Year 2023: Revenue $14.3B, Net Income $1.4B, EPS $5.32. Year 2024: Revenue $14.3B, Net Income $3.6B, EPS $14.08. Year 2025: Revenue $10.7B, Net Income $2.1B, EPS $7.90.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ovintiv Inc.'s revenue has shown modest growth of 2% over the 5-year period. The most recent EPS of $7.90 reflects profitable operations.

OVV Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
16.9%
Free cash flow / Revenue

OVV Quarterly Earnings & Performance

Quarterly financial performance data for Ovintiv Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $2.0B $148.0M $0.57
Q2 2025 $2.2B $148.0M $0.57
Q1 2025 $2.4B -$159.0M $-0.61
Q3 2024 $2.2B $406.0M $1.47
Q2 2024 $2.2B $336.0M $1.27
Q1 2024 $2.4B $338.0M $1.24
Q3 2023 $2.9B $406.0M $1.47
Q2 2023 $2.4B $336.0M $1.34

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Ovintiv Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$3.7B
Cash generated from operations
Stock Buybacks
$307.0M
Shares repurchased (TTM)
Capital Expenditures
$2.1B
Investment in assets
Dividends Paid
$308.0M
Returned to shareholders

OVV SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ovintiv Inc. (CIK: 0001792580)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 8-K d928179d8k.htm View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about OVV

What is the AI rating for OVV?

Ovintiv Inc. (OVV) has an AI rating of HOLD with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OVV's key strengths?

Claude: Exceptional free cash flow generation of $1.5B with 16.9% FCF margin demonstrates strong cash conversion ability. Solid profitability with 13.9% net margin and 12.7% operating margin showing operational efficiency.

What are the risks of investing in OVV?

Claude: Critically low liquidity with 0.54x current ratio and only $35M cash reserves is concerning for capital-intensive energy operations. Flat net income growth (0.0% YoY) despite revenue increase signals margin compression and cost pressures.

What is OVV's revenue and growth?

Ovintiv Inc. reported revenue of $8.9B.

Does OVV pay dividends?

Ovintiv Inc. pays dividends, with $308.0M distributed to shareholders in the trailing twelve months.

Where can I find OVV SEC filings?

Official SEC filings for Ovintiv Inc. (CIK: 0001792580) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OVV's EPS?

Ovintiv Inc. has a diluted EPS of $4.78.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OVV a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ovintiv Inc. has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OVV stock overvalued or undervalued?

Valuation metrics for OVV: ROE of 11.1% (sector avg: 14%), net margin of 13.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy OVV stock in 2026?

Our dual AI analysis gives Ovintiv Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is OVV's free cash flow?

Ovintiv Inc.'s operating cash flow is $3.7B, with capital expenditures of $2.1B. FCF margin is 16.9%.

How does OVV compare to other Energy stocks?

Vs Energy sector averages: Net margin 13.9% (avg: 12%), ROE 11.1% (avg: 14%), current ratio 0.54 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI