Ovintiv Stock EBITDA

OVV Stock

USD 46.71 0.12 0.26%

Ovintiv fundamentals help investors to digest information that contributes to Ovintiv's financial success or failures. It also enables traders to predict the movement of Ovintiv Stock. The fundamental analysis module provides a way to measure Ovintiv's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ovintiv stock.

		Last Reported	Projected for Next Year
	EBITDA	4.7 B	3.4 B

EBITDA is likely to drop to about 3.4 B in 2024.

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Ovintiv Company EBITDA Analysis

Ovintiv's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Ovintiv EBITDA

4.71 B

Most of Ovintiv's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ovintiv is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ovintiv EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Ovintiv is extremely important. It helps to project a fair market value of Ovintiv Stock properly, considering its historical fundamentals such as EBITDA. Since Ovintiv's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ovintiv's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ovintiv's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Intangible Assets	Good Will	Short Term Investments	Long Term Debt	Long Term Debt Total	Capital Surpluse	Property Plant Equipment	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Short Long Term Debt	Capital Stock	Accumulated Depreciation
Total Assets		0.8	0.84	0.51	0.16	0.81	0.88	0.46	0.12	0.32	0.77	0.58	-0.2	-0.18	0.29	0.2	-0.07	0.31	0.31	-0.14	0.16	-0.05	0.39	0.0	-0.08	0.15	0.28
Total Stockholder Equity	0.8		0.55	0.39	0.24	0.64	0.43	0.05	-0.12	0.32	0.39	0.58	0.18	0.0	-0.13	-0.28	0.08	-0.03	0.7	-0.22	-0.2	-0.23	0.65	-0.18	-0.38	0.01	0.44
Net Debt	0.84	0.55		0.09	-0.05	0.59	0.85	0.23	0.17	0.24	0.77	0.62	-0.04	-0.2	0.28	0.19	0.11	0.1	0.02	0.24	0.01	-0.23	0.28	-0.19	0.02	-0.02	0.19
Retained Earnings	0.51	0.39	0.09		0.34	0.42	0.47	0.62	0.03	0.25	0.25	-0.14	-0.41	-0.02	0.5	0.49	-0.57	0.73	0.25	-0.63	0.71	0.54	0.1	0.6	0.15	0.55	0.19
Accounts Payable	0.16	0.24	-0.05	0.34		-0.01	0.04	0.04	-0.03	-0.53	0.11	-0.33	-0.05	-0.3	0.07	-0.02	0.43	0.13	0.17	0.06	0.07	-0.39	0.34	-0.34	-0.58	-0.38	0.47
Net Receivables	0.81	0.64	0.59	0.42	-0.01		0.73	0.51	0.14	0.2	0.78	0.57	-0.33	-0.33	0.18	0.14	-0.05	0.34	0.27	-0.24	0.14	-0.07	0.12	-0.03	-0.11	0.06	-0.05
Total Liab	0.88	0.43	0.85	0.47	0.04	0.73		0.67	0.28	0.23	0.87	0.43	-0.45	-0.27	0.54	0.52	-0.18	0.49	-0.09	-0.05	0.39	0.11	0.07	0.14	0.18	0.21	0.07
Total Current Assets	0.46	0.05	0.23	0.62	0.04	0.51	0.67		0.48	0.16	0.46	0.11	-0.85	-0.03	0.46	0.53	-0.44	0.62	-0.09	-0.38	0.58	0.49	-0.19	0.51	0.26	0.4	-0.05
Short Term Debt	0.12	-0.12	0.17	0.03	-0.03	0.14	0.28	0.48		-0.24	0.1	0.19	-0.68	0.04	0.18	0.15	0.12	0.21	-0.1	0.32	0.07	-0.04	-0.05	-0.06	0.02	-0.15	0.07
Common Stock	0.32	0.32	0.24	0.25	-0.53	0.2	0.23	0.16	-0.24		0.07	0.17	0.08	0.3	0.07	0.19	-0.75	0.15	0.39	-0.55	0.04	0.51	0.2	0.56	0.61	0.82	-0.17
Current Deferred Revenue	0.77	0.39	0.77	0.25	0.11	0.78	0.87	0.46	0.1	0.07		0.42	-0.38	-0.55	0.44	0.4	0.05	0.37	-0.07	0.02	0.22	-0.19	0.09	-0.14	0.0	0.0	-0.03
Intangible Assets	0.58	0.58	0.62	-0.14	-0.33	0.57	0.43	0.11	0.19	0.17	0.42		-0.02	0.02	-0.19	-0.39	0.22	-0.31	0.23	0.17	-0.31	-0.24	0.29	-0.25	-0.29	-0.2	0.34
Good Will	-0.2	0.18	-0.04	-0.41	-0.05	-0.33	-0.45	-0.85	-0.68	0.08	-0.38	-0.02		0.12	-0.49	-0.51	0.27	-0.59	0.12	0.18	-0.5	-0.3	0.16	-0.31	-0.2	-0.23	0.06
Short Term Investments	-0.18	0.0	-0.2	-0.02	-0.3	-0.33	-0.27	-0.03	0.04	0.3	-0.55	0.02	0.12		-0.4	-0.31	-0.27	-0.33	0.12	-0.24	-0.04	0.43	-0.11	0.34	0.16	0.23	-0.05
Long Term Debt	0.29	-0.13	0.28	0.5	0.07	0.18	0.54	0.46	0.18	0.07	0.44	-0.19	-0.49	-0.4		0.92	-0.4	0.87	-0.19	-0.06	0.71	0.27	0.04	0.32	0.43	0.44	0.05
Long Term Debt Total	0.2	-0.28	0.19	0.49	-0.02	0.14	0.52	0.53	0.15	0.19	0.4	-0.39	-0.51	-0.31	0.92		-0.56	0.89	-0.31	-0.17	0.75	0.44	-0.2	0.48	0.66	0.57	-0.28
Capital Surpluse	-0.07	0.08	0.11	-0.57	0.43	-0.05	-0.18	-0.44	0.12	-0.75	0.05	0.22	0.27	-0.27	-0.4	-0.56		-0.55	-0.06	0.69	-0.59	-0.89	0.19	-0.93	-0.79	-0.98	0.29
Property Plant Equipment	0.31	-0.03	0.1	0.73	0.13	0.34	0.49	0.62	0.21	0.15	0.37	-0.31	-0.59	-0.33	0.87	0.89	-0.55		0.01	-0.35	0.78	0.41	-0.03	0.46	0.44	0.56	-0.14
Net Tangible Assets	0.31	0.7	0.02	0.25	0.17	0.27	-0.09	-0.09	-0.1	0.39	-0.07	0.23	0.12	0.12	-0.19	-0.31	-0.06	0.01		-0.39	-0.27	-0.21	0.81	-0.15	-0.3	0.19	0.35
Deferred Long Term Liab	-0.14	-0.22	0.24	-0.63	0.06	-0.24	-0.05	-0.38	0.32	-0.55	0.02	0.17	0.18	-0.24	-0.06	-0.17	0.69	-0.35	-0.39		-0.44	-0.64	-0.02	-0.65	-0.19	-0.69	0.13
Long Term Investments	0.16	-0.2	0.01	0.71	0.07	0.14	0.39	0.58	0.07	0.04	0.22	-0.31	-0.5	-0.04	0.71	0.75	-0.59	0.78	-0.27	-0.44		0.63	-0.33	0.66	0.4	0.52	-0.11
Cash And Equivalents	-0.05	-0.23	-0.23	0.54	-0.39	-0.07	0.11	0.49	-0.04	0.51	-0.19	-0.24	-0.3	0.43	0.27	0.44	-0.89	0.41	-0.21	-0.64	0.63		-0.46	0.98	0.67	0.79	-0.25
Net Invested Capital	0.39	0.65	0.28	0.1	0.34	0.12	0.07	-0.19	-0.05	0.2	0.09	0.29	0.16	-0.11	0.04	-0.2	0.19	-0.03	0.81	-0.02	-0.33	-0.46		-0.39	-0.4	-0.01	0.67
Net Working Capital	0.0	-0.18	-0.19	0.6	-0.34	-0.03	0.14	0.51	-0.06	0.56	-0.14	-0.25	-0.31	0.34	0.32	0.48	-0.93	0.46	-0.15	-0.65	0.66	0.98	-0.39		0.69	0.85	-0.21
Short Long Term Debt	-0.08	-0.38	0.02	0.15	-0.58	-0.11	0.18	0.26	0.02	0.61	0.0	-0.29	-0.2	0.16	0.43	0.66	-0.79	0.44	-0.3	-0.19	0.4	0.67	-0.4	0.69		0.77	-0.57
Capital Stock	0.15	0.01	-0.02	0.55	-0.38	0.06	0.21	0.4	-0.15	0.82	0.0	-0.2	-0.23	0.23	0.44	0.57	-0.98	0.56	0.19	-0.69	0.52	0.79	-0.01	0.85	0.77		-0.22
Accumulated Depreciation	0.28	0.44	0.19	0.19	0.47	-0.05	0.07	-0.05	0.07	-0.17	-0.03	0.34	0.06	-0.05	0.05	-0.28	0.29	-0.14	0.35	0.13	-0.11	-0.25	0.67	-0.21	-0.57	-0.22

Click cells to compare fundamentals

In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Competition

Predict Ovintiv

Ebitda Over Time

Ovintiv Ebitda

Ebitda

3.41 Billion

At this time, Ovintiv's EBITDA is fairly stable compared to the past year.

According to the company disclosure, Ovintiv reported earnings before interest,tax, depreciation and amortization of 4.71 B. This is 21.44% lower than that of the Oil, Gas & Consumable Fuels sector and 181.55% higher than that of the Energy industry. The ebitda for all United States stocks is 20.79% lower than that of the firm.

Ovintiv EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ovintiv's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ovintiv could also be used in its relative valuation, which is a method of valuing Ovintiv by comparing valuation metrics of similar companies.

Ovintiv is currently under evaluation in ebitda category among its peers.

Ovintiv ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ovintiv's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ovintiv's managers, analysts, and investors.

Environmental

Governance

Social

Ovintiv Institutional Holders

Institutional Holdings refers to the ownership stake in Ovintiv that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ovintiv's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ovintiv's value.

		Shares
Bank Of New York Mellon Corp	2024-06-30	3.1 M
Aqr Capital Management Llc	2024-06-30	3 M
Amvescap Plc.	2024-06-30	2.4 M
Holocene Advisors, Lp	2024-09-30	2.4 M
Northern Trust Corp	2024-09-30	2.1 M
Bank Of America Corp	2024-06-30	2.1 M
Mariner Wealth Advisors Llc	2024-06-30	1.9 M
Charles Schwab Investment Management Inc	2024-09-30	1.9 M
Legal & General Group Plc	2024-06-30	1.6 M
Blackrock Inc	2024-06-30	30 M
Vanguard Group Inc	2024-09-30	29 M

Ovintiv Fundamentals

	Return On Equity	0.2
	Return On Asset	0.0868
	Profit Margin	0.21 %
	Operating Margin	0.24 %
	Current Valuation	18.93 B
	Shares Outstanding	260.32 M
	Shares Owned By Insiders	0.49 %
	Shares Owned By Institutions	83.72 %
	Number Of Shares Shorted	4.36 M
	Price To Earning	3.93 X
	Price To Book	1.14 X
	Price To Sales	1.27 X
	Revenue	10.66 B
	Gross Profit	7.28 B
	EBITDA	4.71 B
	Net Income	2.08 B
	Cash And Equivalents	5 M
	Cash Per Share	0.07 X
	Total Debt	6.68 B
	Debt To Equity	0.69 %
	Current Ratio	0.51 X
	Book Value Per Share	40.92 X
	Cash Flow From Operations	4.17 B
	Short Ratio	1.51 X
	Earnings Per Share	7.58 X
	Price To Earnings To Growth	0.11 X
	Target Price	58.77
	Number Of Employees	1.74 K
	Beta	2.64
	Market Capitalization	12.16 B
	Total Asset	19.99 B
	Retained Earnings	697 M
	Working Capital	(1.14 B)
	Current Asset	2.7 B
	Current Liabilities	2.01 B
	Annual Yield	0.03 %
	Five Year Return	1.84 %
	Net Asset	19.99 B
	Last Dividend Paid	1.2

About Ovintiv Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ovintiv's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ovintiv using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ovintiv based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.

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