Ovintiv (OVV)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-05
$60.91-2.85%
Close 2026-11-05 · 1-day change
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-05
QuarterlyIQ Insights · OVV
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-11-04.
The screen ranks OVV against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Energy names rated neutral grew net income 56% of the time over the next year (vs 57% for the rest of the cohort, n=2345).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Ovintiv expects full year 2026 shareholder returns to total more than 60% of Non-GAAP Free Cash Flow.
Stated in 3 of 4 supplied quarters. Management reported: “Ovintiv expects full year 2026 shareholder returns to total more than 60% of Non-GAAP Free Cash Flow.” “Ovintiv expects full year 2026 shareholder returns to total more than 60% of Non-GAAP Free Cash Flow.”
“Ovintiv expects full year 2026 shareholder returns to total more than 60% of Non-GAAP Free Cash Flow.”
“Ovintiv expects full year 2026 shareholder returns to total more than 60% of Non-GAAP Free Cash Flow.”
“Longer term, the Company has revised its shareholder return framework, such that 50% to 100% of annual Non-GAAP Free Cash Flow is returned to shareholders via the combination of base dividend payment…”
Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.
Stated in 3 of 4 supplied quarters. Management reported: “Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.” “Full year expected capital investment is unchanged at $2.25 billion to $2.35 billion.”
“We have continued to enhance our drilling inventory and future growth optionality in both the Permian and the Montney at an industry leading low-cost per undeveloped location in the core of the best…
Stated in 1 of 4 supplied quarters. Management reported: ““We have continued to enhance our drilling inventory and future growth optionality in both the Permian and the Montney at an industry leading low-cost per undeveloped location in the core of the best basins.” “Following these transactions, the Company will have added approximately 500 net 10,000-foot equivalent well locations year-to-date, with the inclusion of 260 locations from organic inventory enhancement.”
Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.
Stated in 3 of 4 supplied quarters. Management reported: “Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.” “Full year production volumes are expected to average 630 MBOE/d to 645 MBOE/d, driven by increases in oil and condensate and NGL volumes.”
Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.
Stated in 3 of 4 supplied quarters. Management reported: “Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.” “Continued Balance Sheet Focus As of June 30, 2026, Ovintiv’s Net Debt was $2.995 billion and Net Debt to Adjusted EBITDA was approximately 0.6 times.”
Over the trailing year it converted 3.57x of net income into operating cash flow. Historically, Energy names rated robust grew net income 57% of the time over the next year (vs 39% for the rest of the cohort, n=993).
Most sensitive to long-term interest rates.
Not enough signal to read sensitivity to the US dollar, the broad stock market, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
37 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated volatile grew net income 54% of the time over the next year (vs 59% for the rest of the cohort, n=1684).
Not investment advice. As of 2026-11-05.
“Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.”
“Full year expected capital investment is unchanged at $2.25 billion to $2.35 billion.”
“2026 Guidance The Company issued the following 2026 guidance: 2026 Guidance (1) 1Q 2026 (2) Post-Anadarko Sale Close Quarterly Run-Rate Full Year 2026 Total Production (MBOE/d) 660 – 680 610 – 635 62…”
““We have continued to enhance our drilling inventory and future growth optionality in both the Permian and the Montney at an industry leading low-cost per undeveloped location in the core of the best…”
“Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.”
“Full year production volumes are expected to average 630 MBOE/d to 645 MBOE/d, driven by increases in oil and condensate and NGL volumes.”
“2026 Guidance The Company issued the following 2026 guidance: 2026 Guidance (1) 1Q 2026 (2) Post-Anadarko Sale Close Quarterly Run-Rate Full Year 2026 Total Production (MBOE/d) 660 – 680 610 – 635 62…”
“Full year 2026 capital investment is expected to total approximately $1.375 billion to $1.425 billion in the play to run approximately 5 rigs and bring on an expected 130 to 140 net wells.”
“Continued Balance Sheet Focus As of June 30, 2026, Ovintiv’s Net Debt was $2.995 billion and Net Debt to Adjusted EBITDA was approximately 0.6 times.”
“Ovintiv Inc. 2 The Company remains committed to maintaining a strong balance sheet and is currently rated investment grade by four credit rating agencies.”