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- Ovintiv
Ovintiv Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ovintiv and similar public comparables like Formosa Petrochemical, Plains All American Pipeline, Jereh Group, China Merchants Energy and more.
Ovintiv Overview
About Ovintiv
Ovintiv Inc is a North American oil and natural gas exploration and production company focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs, and natural gas. The company has two operating segments: USA Operations and Canadian Operations. USA Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within the United States. Canadian Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within Canada. The company generates the majority of its revenue from USA Operations.
Founded
2020
HQ

Employees
1.5K
Website
Sectors
Financials (LTM)
EV
$21B
Ovintiv Financials
Ovintiv reported last 12-month revenue of $9B and EBITDA of $4B.
In the same LTM period, Ovintiv generated $9B in gross profit, $4B in EBITDA, and $1B in net income.
Revenue (LTM)
Ovintiv P&L
In the most recent fiscal year, Ovintiv reported revenue of $9B and EBITDA of $4B.
Ovintiv expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $9B | XXX | $9B | XXX | XXX | XXX |
| Gross Profit | $9B | XXX | $5B | XXX | XXX | XXX |
| Gross Margin | 97% | XXX | 56% | XXX | XXX | XXX |
| EBITDA | $4B | XXX | $4B | XXX | XXX | XXX |
| EBITDA Margin | 49% | XXX | 48% | XXX | XXX | XXX |
| EBIT Margin | 17% | XXX | 23% | XXX | XXX | XXX |
| Net Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Net Margin | 15% | XXX | 14% | XXX | XXX | XXX |
| Net Debt | — | — | $5B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ovintiv Stock Performance
Ovintiv has current market cap of $15B, and enterprise value of $21B.
Market Cap Evolution
Ovintiv's stock price is $52.16.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $21B | $15B | 0.0% | XXX | XXX | XXX | $4.44 |
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Start Free TrialOvintiv Valuation Multiples
Ovintiv trades at 2.4x EV/Revenue multiple, and 4.8x EV/EBITDA.
EV / Revenue (LTM)
Ovintiv Financial Valuation Multiples
As of March 30, 2026, Ovintiv has market cap of $15B and EV of $21B.
Equity research analysts estimate Ovintiv's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ovintiv has a P/E ratio of 11.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $15B | XXX | $15B | XXX | XXX | XXX |
| EV (current) | $21B | XXX | $21B | XXX | XXX | XXX |
| EV/Revenue | 2.4x | XXX | 2.3x | XXX | XXX | XXX |
| EV/EBITDA | 4.8x | XXX | 4.9x | XXX | XXX | XXX |
| EV/EBIT | 14.0x | XXX | 10.1x | XXX | XXX | XXX |
| EV/Gross Profit | 2.5x | XXX | 4.2x | XXX | XXX | XXX |
| P/E | 11.1x | XXX | 11.8x | XXX | XXX | XXX |
| EV/FCF | 12.6x | XXX | 12.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ovintiv Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Ovintiv Margins & Growth Rates
Ovintiv's revenue in the last 12 month declined by (2%).
Ovintiv's revenue per employee in the last FY averaged $6.1M, while opex per employee averaged $2.0M for the same period.
Ovintiv's rule of 40 is 50% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ovintiv's rule of X is 46% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Ovintiv Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (2%) | XXX | (3%) | XXX | XXX | XXX |
| EBITDA Margin | 49% | XXX | 48% | XXX | XXX | XXX |
| EBITDA Growth | 6% | XXX | 9% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 50% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 46% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $6.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $2.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 16% | XXX | 16% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 3% | XXX | 4% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 33% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ovintiv Public Comps
See public comps and valuation multiples for other Energy Production and Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Formosa Petrochemical | XXX | XXX | XXX | XXX | XXX | XXX |
| Plains All American Pipeline | XXX | XXX | XXX | XXX | XXX | XXX |
| Jereh Group | XXX | XXX | XXX | XXX | XXX | XXX |
| China Merchants Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Origin Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Ovintiv M&A Activity
Ovintiv acquired XXX companies to date.
Last acquisition by Ovintiv was on XXXXXXXX, XXXXX. Ovintiv acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ovintiv
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialOvintiv Investment Activity
Ovintiv invested in XXX companies to date.
Ovintiv made its latest investment on XXXXXXXX, XXXXX. Ovintiv invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ovintiv
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Ovintiv
| When was Ovintiv founded? | Ovintiv was founded in 2020. |
| Where is Ovintiv headquartered? | Ovintiv is headquartered in United States. |
| How many employees does Ovintiv have? | As of today, Ovintiv has over 1K employees. |
| Who is the CEO of Ovintiv? | Ovintiv's CEO is Brendan M. McCracken. |
| Is Ovintiv publicly listed? | Yes, Ovintiv is a public company listed on NYSE. |
| What is the stock symbol of Ovintiv? | Ovintiv trades under OVV ticker. |
| When did Ovintiv go public? | Ovintiv went public in 2001. |
| Who are competitors of Ovintiv? | Ovintiv main competitors are Formosa Petrochemical, Plains All American Pipeline, Jereh Group, China Merchants Energy. |
| What is the current market cap of Ovintiv? | Ovintiv's current market cap is $15B. |
| What is the current revenue of Ovintiv? | Ovintiv's last 12 months revenue is $9B. |
| What is the current revenue growth of Ovintiv? | Ovintiv revenue growth (NTM/LTM) is (2%). |
| What is the current EV/Revenue multiple of Ovintiv? | Current revenue multiple of Ovintiv is 2.4x. |
| Is Ovintiv profitable? | Yes, Ovintiv is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Ovintiv? | Ovintiv's last 12 months EBITDA is $4B. |
| What is Ovintiv's EBITDA margin? | Ovintiv's last 12 months EBITDA margin is 49%. |
| What is the current EV/EBITDA multiple of Ovintiv? | Current EBITDA multiple of Ovintiv is 4.8x. |
| What is the current FCF of Ovintiv? | Ovintiv's last 12 months FCF is $2B. |
| What is Ovintiv's FCF margin? | Ovintiv's last 12 months FCF margin is 19%. |
| What is the current EV/FCF multiple of Ovintiv? | Current FCF multiple of Ovintiv is 12.6x. |
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