Ovintiv Inc trades with the ticker ECA on the TSX and is in the Other industry.
Overview
Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It holds interests in various assets, including the Montney in northeast British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations comprising Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke located in offshore Nova Scotia in Canada. The company also owns interests in assets consisting of the Eagle Ford in south Texas and Permian in west Texas. It primarily markets its products to refiners, local distributing companies, energy marketing companies, and electronic exchanges. The company was founded in 1971 and is based in Calgary, Canada.
Looking to invest in Ovintiv Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
Table of Contents
show
ECA.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $1288.717MM
PE Ratio: 5.456
Price: 0 (Updated: 3/12/2024 0:47:16)
Ovintiv Inc (ECA) vs Competitors in Other
Lets see how ECA.TO stacks up against others in the Other asset management industry. We have identified its main peers as:Continental Gold Inc, Hudson’s Bay Company, Leagold Mining Corporation
.Other Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Continental Gold Inc (CNL) | $295.302 | N/A | 0.0 | 0.0% |
| Ovintiv Inc (ECA) | $1,288.717 | 5.456 | 4.879 | 13.6% |
| Hudson’s Bay Company (HBC) | $1,552.821 | N/A | 19.953 | 0.5% |
| Leagold Mining Corporation (LMC) | $740.834 | N/A | 10.179 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Other
- Ovintiv Inc (ECA) vs Continental Gold Inc (CNL)
- ECA has higher EPS (5.176 vs -0.48). ECA has higher dividend yield (13.6% vs 0.0%). CNL has a P/E under 0, indicating ECA (P/E 5.456) is in a better position.
- Ovintiv Inc (ECA) vs Hudson’s Bay Company (HBC)
- ECA has higher EPS (5.176 vs -2.49). ECA has higher dividend yield (13.6% vs 0.5%). HBC has a P/E under 0, indicating ECA (P/E 5.456) is in a better position.
- Ovintiv Inc (ECA) vs Leagold Mining Corporation (LMC)
- ECA has higher EPS (5.176 vs -0.178). ECA has higher dividend yield (13.6% vs 0.0%). LMC has a P/E under 0, indicating ECA (P/E 5.456) is in a better position.
Our Recommendation: Hold
Features a lower EV/EBITDA ratio (4.88) than the industry average (8.75), indicating attractive valuation.
How to Buy ECA stock on the TSX
You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
