FRO vs. OVV: Frontline vs. Ovintiv Stock Comparison
How do Frontline (FRO) and Ovintiv (OVV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Frontline (FRO) and Ovintiv (OVV) both belong to the Oil, Gas & Consumable Fuels industry, though FRO is classified under Oil & Gas Storage & Transportation while OVV falls under Oil & Gas Exploration & Production.
| Profile Item | FRO | OVV |
|---|---|---|
| Name | Frontline plc Ordinary Shares | Ovintiv Inc. |
| Country/Region | Cyprus | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Oil & Gas Exploration & Production |
| Market Capitalization | 10.11 billion USD | 16.26 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 6, 2001 | April 8, 2002 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FRO | OVV |
|---|---|---|
| Total Return (1Y) | 119.28% | 60.20% |
| Total Return (3Y, Annualized) | 40.57% | 14.43% |
| Total Return (5Y, Annualized) | 52.54% | 13.60% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FRO | OVV |
|---|---|---|
| Volatility (1Y, Annualized) | 46.26% | 36.62% |
| Beta (5Y) | 0.22 | 0.61 |
| Max Drawdown (5Y) | -52.04% | -47.13% |
| Avg. Volume (3M) | 3.68M | 3.34M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FRO | OVV |
|---|---|---|
| Sharpe Ratio (1Y) | 2.49 | 1.53 |
| Sortino Ratio (1Y) | 3.74 | 2.22 |
Profitability
ROE (TTM)
Frontline (FRO) at 53.85% sits in the top ROE quartile, while Ovintiv (OVV) at 12.10% is closer to the peer norm — stronger capital efficiency for FRO.
FRO
Energy industry group
53.85%
- FRO
- 53.85%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
OVV
Energy industry group
12.10%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- OVV
- 12.10%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Frontline (FRO) at 54.76% retains a top-quartile share of revenue as profit, ahead of Ovintiv (OVV) at 13.13%, which keeps about the industry-typical share.
FRO
Energy industry group
54.76%
- Max
- 56.92%
- FRO
- 54.76%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
OVV
Energy industry group
13.13%
- Max
- 56.92%
- Q3
- 22.92%
- OVV
- 13.13%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Frontline (FRO) at 65.83% and Ovintiv (OVV) at 34.32% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
FRO
Energy industry group
65.83%
- Max
- 71.31%
- FRO
- 65.83%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
OVV
Energy industry group
34.32%
- Max
- 71.31%
- OVV
- 34.32%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | FRO | OVV |
|---|---|---|
| ROE (TTM) | 53.85% | 12.10% |
| ROA (TTM) | 14.25% | 10.13% |
| Net Margin (TTM) | 54.76% | 13.13% |
| Operating Margin (TTM) | 65.83% | 34.32% |
| Gross Margin (TTM) | 63.03% | 55.81% |
Growth
Revenue Growth
Both Frontline (FRO) at -4.16% and Ovintiv (OVV) at -2.67% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Frontline (FRO) at -23.77% and Ovintiv (OVV) at 13.54% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FRO | OVV |
|---|---|---|
| Revenue Growth (YoY) | -4.16% | -2.67% |
| Revenue Growth (3Y CAGR) | 11.17% | -10.59% |
| EPS Growth (YoY) | -23.77% | 13.54% |
| EPS Growth (3Y CAGR) | -8.37% | -30.24% |
Financial Strength
Current Ratio (MRQ)
Frontline (FRO) at 1.87 keeps current ratio within its industry’s typical mid-range, while Ovintiv (OVV) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for OVV.
FRO
Energy industry group
1.87
- Max
- 3.64
- Q3
- 2.21
- FRO
- 1.87
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
OVV
Energy industry group
0.84
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- OVV
- 0.84
- Min
- 0.24
Debt / Equity (MRQ)
Both Frontline (FRO) at 0.77 and Ovintiv (OVV) at 0.44 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
FRO
Energy industry group
0.77
- Max
- 1.75
- Q3
- 0.93
- FRO
- 0.77
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
OVV
Energy industry group
0.44
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- OVV
- 0.44
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | FRO | OVV |
|---|---|---|
| Current Ratio (MRQ) | 1.87 | 0.84 |
| Debt / Equity (MRQ) | 0.77 | 0.44 |
| Net Debt / EBITDA | 1.28 | 0.91 |
Dividends
Dividend Yield (TTM)
Ovintiv (OVV) at 1.97% pays an industry-typical yield; Frontline (FRO) at 12.04% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
FRO
Energy industry group
12.04%
- FRO
- 12.04%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
OVV
Energy industry group
1.97%
- Max
- 8.57%
- Q3
- 3.58%
- OVV
- 1.97%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Frontline (FRO) at 46.93% and Ovintiv (OVV) at 23.95% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
FRO
Energy industry group
46.93%
- Max
- 133.24%
- Q3
- 53.31%
- FRO
- 46.93%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
OVV
Energy industry group
23.95%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- OVV
- 23.95%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FRO | OVV |
|---|---|---|
| Dividend Yield (TTM) | 12.04% | 1.97% |
| Dividend Payout Ratio (TTM) | 46.93% | 23.95% |
Valuation
P/E Ratio (TTM)
Frontline (FRO) at 6.81 sits in the cheaper P/E ratio quartile, while Ovintiv (OVV) at 12.08 is closer to its industry’s usual earnings multiple — a discount for FRO, though growth and earnings durability still matter.
FRO
Energy industry group
6.81
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- FRO
- 6.81
- Min
- 2.99
OVV
Energy industry group
12.08
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- OVV
- 12.08
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Ovintiv (OVV) at 1.62 is priced about in line with its industry on P/S ratio, while Frontline (FRO) at 3.72 sits in the pricier quartile — FRO costs more per dollar of sales.
FRO
Energy industry group
3.72
- Max
- 5.40
- FRO
- 3.72
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
OVV
Energy industry group
1.62
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- OVV
- 1.62
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Ovintiv (OVV) at 1.41 is valued about in line with its industry on P/B ratio, while Frontline (FRO) at 3.20 carries an above-peer premium to book — FRO is pricier on assets.
FRO
Energy industry group
3.20
- Max
- 4.21
- FRO
- 3.20
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
OVV
Energy industry group
1.41
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- OVV
- 1.41
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | FRO | OVV |
|---|---|---|
| P/E Ratio (TTM) | 6.81 | 12.08 |
| P/S Ratio (TTM) | 3.72 | 1.62 |
| P/B Ratio (MRQ) | 3.20 | 1.41 |
| Free Cash Flow Yield (TTM) | 2.81% | 5.54% |