OVVOvintiv Inc.

Crude Petroleum & Natural Gas

Revenue: $8.7B; 3.1% YoY
Operating margin: 13.1%; 26% YoY
EBITDA: $3.3B; 14% YoY
Market cap: $20.1B
Employees: 1,465; $6M revenue each
Net debt / EBITDA: 0.9×; $3.0B net debt
AI in 10-K: 1.2; mentions per 10K words

Takeover score 0 of 13

Fixable underperformance 0 of 7

TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
294% of net income
Cash flow under 80% of net income
Dilutive SBCNo
1% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
17% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
12% of assets
Over 40% of assets
Shareholder dissentNo
97% lowest support
Any vote under 80% support

Buyer economics 0 of 4

Low revenue per employeeNo
$6M · 82nd pct
Bottom quartile of its SIC industry
Quiet on AINo
1.2 per 10K words · 37th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
0.9× EBITDA net debt
More cash than debt, positive EBITDA
Buyout-sizedNo
$20.1B market cap
Market cap $500M–$5B

Catalysts 0 of 2

Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingNo
−$6M net
Net sales over $10M in 12 months

Financials

Metric	FY2021	FY2022	FY2023	FY2024	FY2025	YoY	Trend
Revenue	$10.5B	$14.3B	$10.7B	$8.9B	$8.7B	3.1%
Operating income	$1.5B	$3.9B	$2.9B	$1.6B	$1.1B	28%
Net income	$1.4B	$3.6B	$2.1B	$1.1B	$1.2B	10%
Operating cash flow	$3.1B	$3.9B	$4.2B	$3.7B	$3.7B	1.9%
Capex	$1.5B	$1.8B	$2.7B	$2.3B	$2.1B	6.8%
Stock-based comp	$138M	$202M	$47M	$66M	$57M	14%
Buybacks	$111M	$719M	$426M	$597M	$307M	49%
Dividends	$122M	$239M	$307M	$316M	$308M	2.5%

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo: $0 · 0
Open-market sells, 12 mo: $6M · 6
Net: −$6M

Pay vs performance

No pay-versus-performance disclosure yet.