Ovintiv (OVV)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-10-29
$71.57+0.32%
Close 2026-10-29 · 1-day change
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-10-29
Research Workspace
Put OVV beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Oil & Gas Exploration & Production is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Management is running behind on a stated commitment.
View ThesisRevenue is growing steadily — about 6% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 45%, softest on share dilution.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskOVV’s cash-backed earnings and supportive energy backdrop are offset by weak recent performance and unsteady management. Revenue growth cannot be assessed from the desk’s earnings history. Its latest quarter missed GAAP EPS consensus by 15.2%. The stock trades at 12× P/E versus a 19× peer median. Expectations look modest compared with our view, despite that peer discount. Management is behind on a stated commitment, and our model puts next-quarter miss risk near 33%. Peer multiples imply a price about 8% below where it trades. This read is provisional.
Trailing returns as of 2026-10-29. OVV is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 28 analysts currently covering OVV (as of Oct 2026).
Based on 11 Wall Street analysts offering 12-month price targets for OVV in the last 4 months.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| OVV Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Exploration & Production — fair value, gap to price, and forward P/E.
Compare the value case
Put OVV next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
The acquisition is a material portfolio transaction, but the headline alone does not establish effects on objectives.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $71.57
The last 12 months of price, then the range of analyst 12-month targets from today’s $71.57.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Increase production volumes to 620-645 MBOE/d in 2026
Inventory additions support future production volume growth.
Advances: Reduce net debt and maintain strong balance sheet
Upgrade supports Ovintiv's goal to reduce net debt.
Price target increase suggests positive outlook.
Buy rating indicates confidence in company performance.
Negative assessment suggests potential underperformance.
Positive valuation metrics indicate strong cash flow potential.