Seek Returns

OVV vs. SLB: Ovintiv vs. SLB Stock Comparison

How do Ovintiv (OVV) and SLB (SLB) 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 SLB (SLB) both fall under the Energy industry group, but OVV is classified in Oil, Gas & Consumable Fuels while SLB is classified in Energy Equipment & Services.

Company profile comparison for Ovintiv (OVV) and SLB (SLB)
Profile ItemOVVSLB
NameOvintiv Inc.SLB N.V.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsEnergy Equipment & Services
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Equipment & Services
Market Capitalization16.26 billion USD73.68 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateApril 8, 2002December 31, 1981
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

OVV
SLB
GSPC
Loading price history…
Ovintiv (OVV) vs. SLB (SLB), 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

Loading price history…
Trailing total returns for Ovintiv (OVV) and SLB (SLB). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Ovintiv (OVV) and SLB (SLB). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Ovintiv (OVV) and SLB (SLB)
MetricOVVSLB
Total Return (1Y)60.20%41.53%
Total Return (3Y, Annualized)14.43%1.23%
Total Return (5Y, Annualized)13.60%10.62%

Risk Profile

Drawdown History

OVV
SLB
GSPC
Loading price history…
Ovintiv (OVV) vs. SLB (SLB), 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

Loading price history…
Distribution of monthly total returns for Ovintiv (OVV) and SLB (SLB). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ovintiv (OVV) and SLB (SLB)
MetricOVVSLB
Volatility (1Y, Annualized)36.62%37.07%
Beta (5Y)0.610.80
Max Drawdown (5Y)-47.13%-46.63%
Avg. Volume (3M)3.34M12.57M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
OVV and SLB 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 SLB (SLB)
MetricOVVSLB
Sharpe Ratio (1Y)1.531.00
Sortino Ratio (1Y)2.221.59

Profitability

ROE (TTM)

Both Ovintiv (OVV) at 12.10% and SLB (SLB) at 11.66% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

OVV

Energy industry group

12.10%

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

SLB

Energy industry group

11.66%

Max
53.85%
Q3
24.79%
Median
12.85%
SLB
11.66%
Q1
2.03%
Min
-29.09%
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Ovintiv (OVV) at 13.13% and SLB (SLB) at 8.40% 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%

SLB

Energy industry group

8.40%

Max
56.92%
Q3
22.92%
Median
10.10%
SLB
8.40%
Q1
0.07%
Min
-27.38%
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): 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 SLB (SLB) at 14.03%, 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%

SLB

Energy industry group

14.03%

Max
71.31%
Q3
33.75%
Median
18.73%
SLB
14.03%
Q1
6.94%
Min
-24.52%
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Ovintiv (OVV) and SLB (SLB)
MetricOVVSLB
ROE (TTM)12.10%11.66%
ROA (TTM)10.13%5.72%
Net Margin (TTM)13.13%8.40%
Operating Margin (TTM)34.32%14.03%
Gross Margin (TTM)55.81%16.59%

Growth

Revenue Growth

Both Ovintiv (OVV) at -2.67% and SLB (SLB) at -1.60% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Ovintiv (OVV) at 13.54% and SLB (SLB) at -24.44% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Ovintiv (OVV) and SLB (SLB)
MetricOVVSLB
Revenue Growth (YoY)-2.67%-1.60%
Revenue Growth (3Y CAGR)-10.59%8.33%
EPS Growth (YoY)13.54%-24.44%
EPS Growth (3Y CAGR)-30.24%-0.56%

Financial Strength

Current Ratio (MRQ)

SLB (SLB) at 1.39 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

SLB

Energy industry group

1.39

Max
3.64
Q3
2.21
Median
1.41
SLB
1.39
Q1
0.88
Min
0.24
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Ovintiv (OVV) at 0.44 and SLB (SLB) at 0.47 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

SLB

Energy industry group

0.47

Max
1.75
Q3
0.93
Median
0.54
SLB
0.47
Q1
0.30
Min
0.00
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Ovintiv (OVV) and SLB (SLB)
MetricOVVSLB
Current Ratio (MRQ)0.841.39
Debt / Equity (MRQ)0.440.47
Net Debt / EBITDA0.911.25

Dividends

Dividend Yield (TTM)

Both Ovintiv (OVV) at 1.97% and SLB (SLB) at 2.36% 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%

SLB

Energy industry group

2.36%

Max
8.57%
Q3
3.58%
SLB
2.36%
Median
1.71%
Q1
0.00%
Min
0.00%
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): 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 SLB (SLB) at 56.80% distributes more than its industry norm — less retained, thinner cover.

OVV

Energy industry group

23.95%

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

SLB

Energy industry group

56.80%

Max
133.24%
SLB
56.80%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Ovintiv (OVV) and SLB (SLB)
MetricOVVSLB
Dividend Yield (TTM)1.97%2.36%
Dividend Payout Ratio (TTM)23.95%56.80%

Valuation

P/E Ratio (TTM)

Ovintiv (OVV) at 12.08 is near its industry’s usual P/E ratio, while SLB (SLB) at 24.23 sits in the richer quartile — SLB needs stronger growth or earnings quality to justify the premium.

OVV

Energy industry group

12.08

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

SLB

Energy industry group

24.23

Max
39.54
SLB
24.23
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Ovintiv (OVV) at 1.62 and SLB (SLB) at 2.00 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

OVV

Energy industry group

1.62

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

SLB

Energy industry group

2.00

Max
5.40
Q3
2.85
SLB
2.00
Median
1.69
Q1
0.88
Min
0.00
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): 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 SLB (SLB) at 2.83 carries an above-peer premium to book — SLB 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

SLB

Energy industry group

2.83

Max
4.21
SLB
2.83
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
Loading chart…
Ovintiv (OVV) vs. SLB (SLB): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Ovintiv (OVV) and SLB (SLB)
MetricOVVSLB
P/E Ratio (TTM)12.0824.23
P/S Ratio (TTM)1.622.00
P/B Ratio (MRQ)1.412.83
Free Cash Flow Yield (TTM)5.54%4.18%