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OVV vs. PSX: Ovintiv vs. Phillips 66 Stock Comparison

How do Ovintiv (OVV) and Phillips 66 (PSX) 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

Ovintiv (OVV) and Phillips 66 (PSX) both belong to the Oil, Gas & Consumable Fuels industry, though OVV is classified under Oil & Gas Exploration & Production while PSX falls under Oil & Gas Refining & Marketing.

Company profile comparison for Ovintiv (OVV) and Phillips 66 (PSX)
Profile ItemOVVPSX
NameOvintiv Inc.Phillips 66
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Refining & Marketing
Market Capitalization16.26 billion USD95.85 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateApril 8, 2002April 12, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

OVV
PSX
GSPC
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Ovintiv (OVV) vs. Phillips 66 (PSX), 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 Ovintiv (OVV) and Phillips 66 (PSX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Ovintiv (OVV) and Phillips 66 (PSX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Ovintiv (OVV) and Phillips 66 (PSX)
MetricOVVPSX
Total Return (1Y)60.20%88.91%
Total Return (3Y, Annualized)14.43%36.18%
Total Return (5Y, Annualized)13.60%30.83%

Risk Profile

Drawdown History

OVV
PSX
GSPC
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Ovintiv (OVV) vs. Phillips 66 (PSX), 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 Ovintiv (OVV) and Phillips 66 (PSX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ovintiv (OVV) and Phillips 66 (PSX)
MetricOVVPSX
Volatility (1Y, Annualized)36.62%33.42%
Beta (5Y)0.610.72
Max Drawdown (5Y)-47.13%-44.37%
Avg. Volume (3M)3.34M2.92M

Risk-Adjusted Performance

Risk-Return Positioning

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OVV and PSX 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 Ovintiv (OVV) and Phillips 66 (PSX)
MetricOVVPSX
Sharpe Ratio (1Y)1.532.53
Sortino Ratio (1Y)2.223.93

Profitability

ROE (TTM)

Phillips 66 (PSX) at 39.84% sits in the top ROE quartile, while Ovintiv (OVV) at 12.10% is closer to the peer norm — stronger capital efficiency for PSX.

OVV

Energy industry group

12.10%

Max
53.85%
Q3
24.79%
Median
12.85%
OVV
12.10%
Q1
2.03%
Min
-29.09%

PSX

Energy industry group

39.84%

Max
53.85%
PSX
39.84%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Ovintiv (OVV) at 13.13% and Phillips 66 (PSX) at 7.48% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

OVV

Energy industry group

13.13%

Max
56.92%
Q3
22.92%
OVV
13.13%
Median
10.10%
Q1
0.07%
Min
-27.38%

PSX

Energy industry group

7.48%

Max
56.92%
Q3
22.92%
Median
10.10%
PSX
7.48%
Q1
0.07%
Min
-27.38%
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Ovintiv (OVV) vs. Phillips 66 (PSX): 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 Phillips 66 (PSX) at 13.17%, which runs around its industry’s norm.

OVV

Energy industry group

34.32%

Max
71.31%
OVV
34.32%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%

PSX

Energy industry group

13.17%

Max
71.31%
Q3
33.75%
Median
18.73%
PSX
13.17%
Q1
6.94%
Min
-24.52%
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Ovintiv (OVV) and Phillips 66 (PSX)
MetricOVVPSX
ROE (TTM)12.10%39.84%
ROA (TTM)10.13%10.64%
Net Margin (TTM)13.13%7.48%
Operating Margin (TTM)34.32%13.17%
Gross Margin (TTM)55.81%15.08%

Growth

Revenue Growth

Ovintiv (OVV) at -2.67% is around its peer norm for revenue growth, while Phillips 66 (PSX) at -7.53% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Phillips 66 (PSX) at 116.23% sits in the top EPS growth quartile, while Ovintiv (OVV) at 13.54% is closer to the peer norm — faster per-share earnings growth for PSX.

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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Ovintiv (OVV) and Phillips 66 (PSX)
MetricOVVPSX
Revenue Growth (YoY)-2.67%-7.53%
Revenue Growth (3Y CAGR)-10.59%-8.00%
EPS Growth (YoY)13.54%116.23%
EPS Growth (3Y CAGR)-30.24%-22.60%

Financial Strength

Current Ratio (MRQ)

Phillips 66 (PSX) at 1.34 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.

OVV

Energy industry group

0.84

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
OVV
0.84
Min
0.24

PSX

Energy industry group

1.34

Max
3.64
Q3
2.21
Median
1.41
PSX
1.34
Q1
0.88
Min
0.24
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Ovintiv (OVV) at 0.44 and Phillips 66 (PSX) at 0.52 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

OVV

Energy industry group

0.44

Max
1.75
Q3
0.93
Median
0.54
OVV
0.44
Q1
0.30
Min
0.00

PSX

Energy industry group

0.52

Max
1.75
Q3
0.93
Median
0.54
PSX
0.52
Q1
0.30
Min
0.00
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Ovintiv (OVV) and Phillips 66 (PSX)
MetricOVVPSX
Current Ratio (MRQ)0.841.34
Debt / Equity (MRQ)0.440.52
Net Debt / EBITDA0.910.82

Dividends

Dividend Yield (TTM)

Both Ovintiv (OVV) at 1.97% and Phillips 66 (PSX) at 2.03% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

OVV

Energy industry group

1.97%

Max
8.57%
Q3
3.58%
OVV
1.97%
Median
1.71%
Q1
0.00%
Min
0.00%

PSX

Energy industry group

2.03%

Max
8.57%
Q3
3.58%
PSX
2.03%
Median
1.71%
Q1
0.00%
Min
0.00%
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Ovintiv (OVV) at 23.95% and Phillips 66 (PSX) at 16.07% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

OVV

Energy industry group

23.95%

Max
133.24%
Q3
53.31%
Median
25.24%
OVV
23.95%
Q1
0.00%
Min
0.00%

PSX

Energy industry group

16.07%

Max
133.24%
Q3
53.31%
Median
25.24%
PSX
16.07%
Q1
0.00%
Min
0.00%
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Ovintiv (OVV) and Phillips 66 (PSX)
MetricOVVPSX
Dividend Yield (TTM)1.97%2.03%
Dividend Payout Ratio (TTM)23.95%16.07%

Valuation

P/E Ratio (TTM)

Both Ovintiv (OVV) at 12.08 and Phillips 66 (PSX) at 7.88 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

OVV

Energy industry group

12.08

Max
39.54
Q3
21.72
Median
12.19
OVV
12.08
Q1
7.71
Min
2.99

PSX

Energy industry group

7.88

Max
39.54
Q3
21.72
Median
12.19
PSX
7.88
Q1
7.71
Min
2.99
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Phillips 66 (PSX) at 0.57 sits in the cheaper P/S ratio quartile while Ovintiv (OVV) at 1.62 prices around its industry’s middle — PSX costs less per dollar of sales, though read it alongside growth and margins.

OVV

Energy industry group

1.62

Max
5.40
Q3
2.85
Median
1.69
OVV
1.62
Q1
0.88
Min
0.00

PSX

Energy industry group

0.57

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
PSX
0.57
Min
0.00
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Ovintiv (OVV) at 1.41 is valued about in line with its industry on P/B ratio, while Phillips 66 (PSX) at 2.79 carries an above-peer premium to book — PSX is pricier on assets.

OVV

Energy industry group

1.41

Max
4.21
Q3
2.38
Median
1.51
OVV
1.41
Q1
1.08
Min
0.01

PSX

Energy industry group

2.79

Max
4.21
PSX
2.79
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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Ovintiv (OVV) vs. Phillips 66 (PSX): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Ovintiv (OVV) and Phillips 66 (PSX)
MetricOVVPSX
P/E Ratio (TTM)12.087.88
P/S Ratio (TTM)1.620.57
P/B Ratio (MRQ)1.412.79
Free Cash Flow Yield (TTM)5.54%9.93%