Ovintiv Inc
Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America. It has a portfolio of contiguous positions in the Permian and Anadarko basins, and the Montney. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is bas… Read more
Ovintiv Inc (OVV) - Net Assets
Latest net assets as of September 2025: $10.23 Billion USD
Based on the latest financial reports, Ovintiv Inc (OVV) has net assets worth $10.23 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.39 Billion) and total liabilities ($9.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.23 Billion |
| % of Total Assets | 52.79% |
| Annual Growth Rate | 6.3% |
| 5-Year Change | 169.25% |
| 10-Year Change | 67.52% |
| Growth Volatility | 58.73 |
Ovintiv Inc - Net Assets Trend (2001–2024)
This chart illustrates how Ovintiv Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ovintiv Inc (2001–2024)
The table below shows the annual net assets of Ovintiv Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.33 Billion | -0.38% |
| 2023-12-31 | $10.37 Billion | +34.87% |
| 2022-12-31 | $7.69 Billion | +51.54% |
| 2021-12-31 | $5.07 Billion | +32.24% |
| 2020-12-31 | $3.84 Billion | -61.36% |
| 2019-12-31 | $9.93 Billion | +33.34% |
| 2018-12-31 | $7.45 Billion | +10.69% |
| 2017-12-31 | $6.73 Billion | +9.83% |
| 2016-12-31 | $6.13 Billion | -0.66% |
| 2015-12-31 | $6.17 Billion | -36.32% |
| 2014-12-31 | $9.69 Billion | +88.17% |
| 2013-12-31 | $5.15 Billion | -2.80% |
| 2012-12-31 | $5.29 Billion | -38.27% |
| 2011-12-31 | $8.58 Billion | -49.04% |
| 2010-12-31 | $16.83 Billion | +1.32% |
| 2009-12-31 | $16.61 Billion | -27.68% |
| 2008-12-31 | $22.97 Billion | +10.96% |
| 2007-12-31 | $20.70 Billion | +18.54% |
| 2006-12-31 | $17.47 Billion | +9.11% |
| 2005-12-31 | $16.01 Billion | +11.87% |
| 2004-12-31 | $14.31 Billion | +26.87% |
| 2003-12-31 | $11.28 Billion | +28.71% |
| 2002-12-31 | $8.76 Billion | +245.41% |
| 2001-12-31 | $2.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ovintiv Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 35.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.51 Billion | 14.58% |
| Common Stock | $3.00 Million | 0.03% |
| Other Comprehensive Income | $777.00 Million | 7.52% |
| Other Components | $8.04 Billion | 77.87% |
| Total Equity | $10.33 Billion | 100.00% |
Ovintiv Inc Competitors by Market Cap
The table below lists competitors of Ovintiv Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kering SA
PINK:PPRUF
|
$13.30 Billion |
|
Coeur Mining Inc
NYSE:CDE
|
$13.31 Billion |
|
Nomura Research Institute Ltd
PINK:NURAF
|
$13.31 Billion |
|
CEMEX.CPO(2SHS A+1SHS B)
F:CEXB
|
$13.31 Billion |
|
Mr. Cooper Group Inc
NASDAQ:COOP
|
$13.29 Billion |
|
Affirm Holdings Inc
NASDAQ:AFRM
|
$13.28 Billion |
|
Ralph Lauren Corp Class A
NYSE:RL
|
$13.28 Billion |
|
Essity AB Series B
LSE:0RQD
|
$13.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ovintiv Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,370,000,000 to 10,331,000,000, a change of -39,000,000 (-0.4%).
- Net income of 1,125,000,000 contributed positively to equity growth.
- Dividend payments of 316,000,000 reduced retained earnings.
- Share repurchases of 597,000,000 reduced equity.
- Other comprehensive income decreased equity by 273,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.12 Billion | +10.89% |
| Dividends Paid | $316.00 Million | -3.06% |
| Share Repurchases | $597.00 Million | -5.78% |
| Other Comprehensive Income | $-273.00 Million | -2.64% |
| Other Changes | $22.00 Million | +0.21% |
| Total Change | $- | -0.38% |
Book Value vs Market Value Analysis
This analysis compares Ovintiv Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.43x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $22.86 | $55.44 | x |
| 2002-12-31 | $51.92 | $55.44 | x |
| 2003-12-31 | $59.05 | $55.44 | x |
| 2004-12-31 | $76.37 | $55.44 | x |
| 2005-12-31 | $89.97 | $55.44 | x |
| 2006-12-31 | $104.39 | $55.44 | x |
| 2007-12-31 | $135.39 | $55.44 | x |
| 2008-12-31 | $152.79 | $55.44 | x |
| 2009-12-31 | $110.64 | $55.44 | x |
| 2010-12-31 | $117.11 | $55.44 | x |
| 2011-12-31 | $58.18 | $55.44 | x |
| 2012-12-31 | $35.96 | $55.44 | x |
| 2013-12-31 | $34.89 | $55.44 | x |
| 2014-12-31 | $65.35 | $55.44 | x |
| 2015-12-31 | $37.51 | $55.44 | x |
| 2016-12-31 | $34.70 | $55.44 | x |
| 2017-12-31 | $34.57 | $55.44 | x |
| 2018-12-31 | $38.79 | $55.44 | x |
| 2019-12-31 | $38.02 | $55.44 | x |
| 2020-12-31 | $14.77 | $55.44 | x |
| 2021-12-31 | $19.05 | $55.44 | x |
| 2022-12-31 | $29.76 | $55.44 | x |
| 2023-12-31 | $39.30 | $55.44 | x |
| 2024-12-31 | $38.64 | $55.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ovintiv Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.29%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.86x
- Recent ROE (10.89%) is above the historical average (2.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 32.28% | 25.25% | 0.48x | 2.69x | $565.25 Million |
| 2002 | 8.86% | 12.38% | 0.32x | 2.27x | $-99.47 Million |
| 2003 | 20.93% | 27.70% | 0.35x | 2.14x | $1.23 Billion |
| 2004 | 24.55% | 33.49% | 0.33x | 2.20x | $2.08 Billion |
| 2005 | 21.40% | 23.51% | 0.42x | 2.16x | $1.83 Billion |
| 2006 | 32.36% | 34.47% | 0.47x | 2.01x | $3.91 Billion |
| 2007 | 19.12% | 18.24% | 0.46x | 2.27x | $1.89 Billion |
| 2008 | 25.87% | 28.23% | 0.45x | 2.06x | $3.65 Billion |
| 2009 | 11.21% | 16.75% | 0.33x | 2.04x | $200.60 Million |
| 2010 | 8.65% | 16.90% | 0.26x | 1.94x | $-233.70 Million |
| 2011 | 0.06% | 0.06% | 0.36x | 2.73x | $-852.80 Million |
| 2012 | -52.77% | -54.15% | 0.28x | 3.53x | $-3.32 Billion |
| 2013 | 4.59% | 4.03% | 0.33x | 3.43x | $-278.70 Million |
| 2014 | 35.02% | 42.30% | 0.33x | 2.54x | $2.42 Billion |
| 2015 | -83.75% | -116.80% | 0.28x | 2.54x | $-5.78 Billion |
| 2016 | -15.41% | -32.35% | 0.20x | 2.39x | $-1.56 Billion |
| 2017 | 12.29% | 18.61% | 0.29x | 2.27x | $154.20 Million |
| 2018 | 14.35% | 18.00% | 0.39x | 2.06x | $324.30 Million |
| 2019 | 2.36% | 3.48% | 0.31x | 2.16x | $-759.00 Million |
| 2020 | -158.90% | -100.16% | 0.42x | 3.77x | $-6.48 Billion |
| 2021 | 27.91% | 16.35% | 0.62x | 2.77x | $908.60 Million |
| 2022 | 47.30% | 29.18% | 0.83x | 1.96x | $2.87 Billion |
| 2023 | 20.11% | 19.16% | 0.54x | 1.93x | $1.05 Billion |
| 2024 | 10.89% | 12.29% | 0.48x | 1.86x | $91.90 Million |
Industry Comparison
This section compares Ovintiv Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ovintiv Inc (OVV) | $10.23 Billion | 32.28% | 0.89x | $13.30 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |