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OKE vs. OVV: ONEOK vs. Ovintiv Stock Comparison

How do ONEOK (OKE) 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

ONEOK (OKE) and Ovintiv (OVV) both belong to the Oil, Gas & Consumable Fuels industry, though OKE is classified under Oil & Gas Storage & Transportation while OVV falls under Oil & Gas Exploration & Production.

Company profile comparison for ONEOK (OKE) and Ovintiv (OVV)
Profile ItemOKEOVV
NameONEOK, Inc.Ovintiv Inc.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Storage & TransportationOil & Gas Exploration & Production
Market Capitalization53.71 billion USD16.26 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 1, 1980April 8, 2002
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

OKE
OVV
GSPC
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ONEOK (OKE) vs. Ovintiv (OVV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for ONEOK (OKE) and Ovintiv (OVV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for ONEOK (OKE) and Ovintiv (OVV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for ONEOK (OKE) and Ovintiv (OVV)
MetricOKEOVV
Total Return (1Y)33.00%60.20%
Total Return (3Y, Annualized)16.19%14.43%
Total Return (5Y, Annualized)11.76%13.60%

Risk Profile

Drawdown History

OKE
OVV
GSPC
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ONEOK (OKE) vs. Ovintiv (OVV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for ONEOK (OKE) and Ovintiv (OVV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ONEOK (OKE) and Ovintiv (OVV)
MetricOKEOVV
Volatility (1Y, Annualized)27.56%36.62%
Beta (5Y)0.790.61
Max Drawdown (5Y)-42.17%-47.13%
Avg. Volume (3M)3.38M3.34M

Risk-Adjusted Performance

Risk-Return Positioning

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OKE and OVV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for ONEOK (OKE) and Ovintiv (OVV)
MetricOKEOVV
Sharpe Ratio (1Y)1.041.53
Sortino Ratio (1Y)1.502.22

Profitability

ROE (TTM)

Both ONEOK (OKE) at 15.02% and Ovintiv (OVV) at 12.10% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

OKE

Energy industry group

15.02%

Max
53.85%
Q3
24.79%
OKE
15.02%
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%
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both ONEOK (OKE) at 9.42% and Ovintiv (OVV) at 13.13% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

OKE

Energy industry group

9.42%

Max
56.92%
Q3
22.92%
Median
10.10%
OKE
9.42%
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%
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Ovintiv (OVV) at 34.32% operates in the top operating margin quartile, ahead of ONEOK (OKE) at 12.71%, which runs around its industry’s norm.

OKE

Energy industry group

12.71%

Max
71.31%
Q3
33.75%
Median
18.73%
OKE
12.71%
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%
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for ONEOK (OKE) and Ovintiv (OVV)
MetricOKEOVV
ROE (TTM)15.02%12.10%
ROA (TTM)5.46%10.13%
Net Margin (TTM)9.42%13.13%
Operating Margin (TTM)12.71%34.32%
Gross Margin (TTM)25.20%55.81%

Growth

Revenue Growth

ONEOK (OKE) at 54.99% clears its industry range for revenue growth, far stronger top-line momentum than Ovintiv (OVV) at -2.67%, which is closer to a typical peer reading.

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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both ONEOK (OKE) at 4.84% 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.

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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ONEOK (OKE) and Ovintiv (OVV)
MetricOKEOVV
Revenue Growth (YoY)54.99%-2.67%
Revenue Growth (3Y CAGR)14.53%-10.59%
EPS Growth (YoY)4.84%13.54%
EPS Growth (3Y CAGR)12.17%-30.24%

Financial Strength

Current Ratio (MRQ)

Both ONEOK (OKE) at 0.84 and Ovintiv (OVV) at 0.84 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

OKE

Energy industry group

0.84

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
OKE
0.84
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
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both ONEOK (OKE) at 0.88 and Ovintiv (OVV) at 0.44 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

OKE

Energy industry group

0.88

Max
1.75
Q3
0.93
OKE
0.88
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
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ONEOK (OKE) and Ovintiv (OVV)
MetricOKEOVV
Current Ratio (MRQ)0.840.84
Debt / Equity (MRQ)0.880.44
Net Debt / EBITDA3.680.91

Dividends

Dividend Yield (TTM)

ONEOK (OKE) at 4.96% delivers top-quartile income for its industry, while Ovintiv (OVV) at 1.97% pays a more typical yield — both are credible income propositions, OKE the richer one.

OKE

Energy industry group

4.96%

Max
8.57%
OKE
4.96%
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%
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Ovintiv (OVV) at 23.95% pays out a band-typical share of earnings, while ONEOK (OKE) at 65.84% distributes more than its industry norm — less retained, thinner cover.

OKE

Energy industry group

65.84%

Max
133.24%
OKE
65.84%
Q3
53.31%
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%
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for ONEOK (OKE) and Ovintiv (OVV)
MetricOKEOVV
Dividend Yield (TTM)4.96%1.97%
Dividend Payout Ratio (TTM)65.84%23.95%

Valuation

P/E Ratio (TTM)

Both ONEOK (OKE) at 13.23 and Ovintiv (OVV) at 12.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

OKE

Energy industry group

13.23

Max
39.54
Q3
21.72
OKE
13.23
Median
12.19
Q1
7.71
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
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both ONEOK (OKE) at 1.24 and Ovintiv (OVV) at 1.62 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

OKE

Energy industry group

1.24

Max
5.40
Q3
2.85
Median
1.69
OKE
1.24
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
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both ONEOK (OKE) at 2.30 and Ovintiv (OVV) at 1.41 are valued close to their industries’ norm against book — neither stands out from peers.

OKE

Energy industry group

2.30

Max
4.21
Q3
2.38
OKE
2.30
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
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ONEOK (OKE) vs. Ovintiv (OVV): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for ONEOK (OKE) and Ovintiv (OVV)
MetricOKEOVV
P/E Ratio (TTM)13.2312.08
P/S Ratio (TTM)1.241.62
P/B Ratio (MRQ)2.301.41
Free Cash Flow Yield (TTM)1.44%5.54%