Ovintiv Inc
NYSE:OVV

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Ovintiv Inc
NYSE:OVV
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Price: 43.79 USD -2.08% Market Closed
Market Cap: 11.4B USD
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Gross Margin
Ovintiv Inc

70%
Current
60%
Average
34%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70%
=
Gross Profit
7.1B
/
Revenue
10.1B

Gross Margin Across Competitors

Country US
Market Cap 11.4B USD
Gross Margin
70%
Country US
Market Cap 129.3B USD
Gross Margin
47%
Country CN
Market Cap 701.9B CNY
Gross Margin
45%
Country US
Market Cap 76B USD
Gross Margin
62%
Country CA
Market Cap 98.5B CAD
Gross Margin
50%
Country US
Market Cap 51.7B USD
Gross Margin
72%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 44.9B USD
Gross Margin
76%
Country US
Market Cap 31.2B USD
Gross Margin
93%
Country AU
Market Cap 45.6B AUD
Gross Margin
45%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
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Ovintiv Inc
Glance View

Market Cap
11.4B USD
Industry
Energy

Ovintiv Inc., formerly known as Encana Corporation, is an innovative energy company that focuses on the exploration and production of oil and natural gas across North America. Headquartered in Denver, Colorado, Ovintiv has strategically shifted its core operations towards high-quality hydrocarbon resources, primarily in the Permian Basin, the Montney in Canada, and the Anadarko Basin in Oklahoma. This transformation underscores the company’s commitment to operational efficiency, sustainability, and generating long-term value for its shareholders. With a strong emphasis on advanced technology, Ovintiv is dedicated to optimizing resource extraction while managing its environmental footprint, which resonates with the growing investor focus on responsible energy production. Navigating through the challenges of the fluctuating energy market, Ovintiv has demonstrated resilience and adaptability, backed by a disciplined capital allocation strategy. By prioritizing returns on investment and maintaining a robust balance sheet, the company effectively capitalizes on high-margin opportunities. Ovintiv's strategic decision-making includes returning capital to shareholders through share buybacks and dividends, which enhances investor confidence. As the energy landscape continues to evolve, Ovintiv stands out by leveraging its hybrid portfolio and innovative techniques, positioning itself as a key player poised for sustainable growth in the energy sector. Investors looking for a company at the forefront of energy evolution will find Ovintiv's approach aligns well with long-term market trends and economic recovery goals.

OVV Intrinsic Value
72.19 USD
Undervaluation 39%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70%
=
Gross Profit
7.1B
/
Revenue
10.1B
What is the Gross Margin of Ovintiv Inc?

Based on Ovintiv Inc's most recent financial statements, the company has Gross Margin of 70%.