Ovintiv OVV
NYSE · Crude Petroleum & Natural Gas · $17.3B$60.91−2.85%Nov 5 close · Databento
OVV Wire Story Reactions & EOD Technical StudyDaily closes (Databento EOD) pinned with every AlgoThesis Wire story (dot colour = next trading day close) and SEC filing
Nov 5, 2026CLOSE $60.911D −2.85%3M −4.17%SMA20 $68.33SMA50 $64.92RSI(14) 34.5
60.91
RSI (14, Wilder EOD) · 70 Overbought / 30 OversoldRSI 34.5
Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.
The numbers
fiscal 2025, as filed with the SEC · 66-metric EOD snapshot via DatabentoMarket cap$17.3B
EV / True FCF16.1x
Revenue$8.9B −2.7%
True FCF (ex-SBC)$1.4B +6.1%
Rule of 4014.2%
ROIC10.6%
True FCF Yield8.4%
EPS, diluted$4.78 +13.5%
Modern Valuation (EOD)
Market Cap$17.3B
Enterprise Value$23.3B
EV / True FCF16.06
EV / FCF15.45
EV / Gross Profit—
EV / EBIT20.56
EV / Sales2.61
P / E (GAAP)13.91
P / FCF11.48
P / Oper. CF4.73
P / Book1.54
Owner & Cash Yields
True FCF Yield8.4%
FCF Yield8.7%
Owner Earn. Yield7.0%
Earnings Yield7.2%
Shareholder Yield+3.2%
Buyback Yield1.8%
Dividend Yield1.97%
Dividend / sh$1.20
Payout Ratio25%
FCF / sh$5.60
EPS (diluted)$4.78
Compounder & Returns
Rule of 4014.2%
ROIC10.6%
Cash ROIC (CROIC)8.8%
GP / Assets—
ROE11.1%
ROA6.1%
Gross Margin—
Oper. Margin12.7%
Net Margin13.9%
FCF Margin16.9%
True FCF Margin16.3%
Quality & Dilution
Cash Conversion121%
Accrual Ratio−11.8%
SBC % of FCF3.8%
SBC % of Rev0.6%
Reinvest. Rate59%
Sales Growth Y/Y−2.7%
Sales 3Y CAGR−14.5%
EPS Growth Y/Y+13.5%
FCF Growth Y/Y+6.1%
FCF 3Y CAGR−9.6%
Share Change Y/Y−2.9%
Balance Sheet & Scale
Revenue (FY)$8.9B
Gross Profit (FY)—
Oper. Income (FY)$1.1B
GAAP Net Income$1.2B
True FCF (ex-SBC)$1.4B
Cash & Equiv$35.0M
Total Debt$6.0B
Net Cash (Debt)$-6.0B
Net Cash % MCap−34.6%
Debt / FCF (yrs)4.0y
Current Ratio0.54268.71M sh
Price & Technicals (EOD)
Perf Week−14.89%
Perf Month−0.86%
Perf Quarter+2.61%
Perf Half Y+4.46%
Perf YTD+13.96%
SMA 20 Dist−10.86%$68.33
SMA 50 Dist−6.18%$64.92
SMA 100 Dist−1.58%$61.88
Window High−16.13%$72.62
Window Low+17.18%$51.98
RSI (14) · Vol34.545%v
Income Distribution & Cash Flow ConversionHow every dollar of OVV revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow
Where Every $100 of Revenue Goes (FY2025)
Cost of Revenue (COGS)$0 ($0.0 / $100)
Operating Expenses$7.8B ($87.3 / $100)
Tax & Non-Operating$0 ($0.0 / $100)
Net Profit Kept$1.2B ($12.7 / $100)
Earnings Quality: GAAP Profit → True Owner Cash (FY2025)
GAAP Net Income$1.2B (13.9% margin)
Operating Cash Flow (OCF)$3.7B(41.0% of rev)
Less: Capital Expenditures−$2.1B(24.1% of rev)
Standard Free Cash Flow (FCF)$1.5B(16.9% margin)
Less: Stock-Based Comp (SBC)−$57.0M(3.8% of FCF)
True FCF (Owner Cash ex-SBC)$1.4B(16.3% of rev)
Revenue by fiscal year
Operating leverage — margins
GrossOperatingNet
| Line Item (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY Δ | 4Y CAGR | Trend |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | $10.5B | $14.3B | $10.9B | $9.2B | $8.9B | −2.7% | −4.0% | |
| Total Operating Expenses | $7.1B | $8.6B | $8.0B | $7.6B | $7.8B | +2.7% | +2.2% | |
| Operating Income (EBIT) | $1.5B | $3.9B | $2.9B | $1.6B | $1.1B | −28.4% | −7.1% | |
| Interest Expense | $340.0M | $311.0M | $355.0M | $412.0M | $376.0M | −8.7% | +2.5% | |
| Income Tax Expense | $-177.0M | $-77.0M | $425.0M | $226.0M | $-472.0M | −308.8% | — | |
| GAAP Net Income | $1.4B | $3.6B | $2.1B | $1.1B | $1.2B | +10.4% | −3.2% | |
| Diluted EPS | $5.32 | $14.08 | $7.90 | $4.21 | $4.78 | +13.5% | −2.6% | |
| Diluted Shares | 266.4M | 258.4M | 263.9M | 267.4M | 259.7M | −2.9% | −0.6% | |
| Balance Sheet | ||||||||
| Cash & Equivalents | $195.0M | $5.0M | $3.0M | $42.0M | $35.0M | −16.7% | −34.9% | |
| Total Current Assets | $1.6B | $1.7B | $1.7B | $1.4B | $1.5B | +11.2% | −1.0% | |
| Total Assets | $14.1B | $15.1B | $20.0B | $19.3B | $20.4B | +5.9% | +9.7% | |
| Total Current Liabilities | $2.7B | $2.8B | $2.8B | $2.7B | $2.8B | +4.3% | +0.4% | |
| Total Debt (Short + Long Term) | $4.8B | $4.0B | $6.0B | $6.1B | $6.0B | −0.7% | +5.9% | |
| Total Liabilities | $9.0B | $7.4B | $9.6B | $8.9B | $9.2B | +3.0% | +0.6% | |
| Stockholders' Equity | $5.1B | $7.7B | $10.4B | $10.3B | $11.2B | +8.4% | +21.9% | |
| Net Cash / (Net Debt) | $-4.6B | $-4.0B | $-6.0B | $-6.0B | $-6.0B | +0.6% | — | |
| Invested Capital | $9.7B | $11.6B | $16.4B | $16.3B | $17.2B | +5.1% | +15.5% | |
| Cash Flow & Capital Allocation | ||||||||
| Operating Cash Flow (OCF) | $3.1B | $3.9B | $4.2B | $3.7B | $3.7B | −1.9% | +3.9% | |
| Depreciation & Amortization (D&A) | $1.2B | $1.1B | $1.8B | $2.3B | $2.2B | −4.8% | +16.3% | |
| Stock-Based Compensation (SBC) | $138.0M | $202.0M | $47.0M | $66.0M | $57.0M | −13.6% | −19.8% | |
| Capital Expenditures (CapEx) | $1.5B | $1.8B | $2.7B | $2.3B | $2.1B | −6.8% | +9.0% | |
| Free Cash Flow (FCF) | $1.6B | $2.0B | $1.4B | $1.4B | $1.5B | +6.1% | −1.7% | |
| True FCF (ex-SBC Owner Cash) | $1.5B | $1.8B | $1.4B | $1.4B | $1.4B | +7.1% | −0.4% | |
| Share Repurchases (Buybacks) | $111.0M | $719.0M | $426.0M | $597.0M | $307.0M | −48.6% | +29.0% | |
| Dividends Paid | $122.0M | $239.0M | $307.0M | $316.0M | $308.0M | −2.5% | +26.1% | |
Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.
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