OVV vs. TS: Ovintiv vs. Tenaris Stock Comparison
How do Ovintiv (OVV) and Tenaris (TS) 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 Tenaris (TS) both fall under the Energy industry group, but OVV is classified in Oil, Gas & Consumable Fuels while TS is classified in Energy Equipment & Services.
Ovintiv (OVV) trades as ordinary local shares, while Tenaris (TS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | OVV | TS |
|---|---|---|
| Name | Ovintiv Inc. | Tenaris S.A. American Depositary Shares |
| Country/Region | United States | Luxembourg |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Energy Equipment & Services |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Equipment & Services |
| Market Capitalization | 16.26 billion USD | 29.71 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 8, 2002 | December 16, 2002 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OVV | TS |
|---|---|---|
| Total Return (1Y) | 60.20% | 49.29% |
| Total Return (3Y, Annualized) | 14.43% | 24.84% |
| Total Return (5Y, Annualized) | 13.60% | 22.48% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OVV | TS |
|---|---|---|
| Volatility (1Y, Annualized) | 36.62% | 29.07% |
| Beta (5Y) | 0.61 | 0.88 |
| Max Drawdown (5Y) | -47.13% | -33.71% |
| Avg. Volume (3M) | 3.34M | 1.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OVV | TS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.53 | 1.55 |
| Sortino Ratio (1Y) | 2.22 | 2.30 |
Profitability
ROE (TTM)
Both Ovintiv (OVV) at 12.10% and Tenaris (TS) at 11.86% 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%
TS
Energy industry group
11.86%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- TS
- 11.86%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Ovintiv (OVV) at 13.13% and Tenaris (TS) at 16.24% 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%
TS
Energy industry group
16.24%
- Max
- 56.92%
- Q3
- 22.92%
- TS
- 16.24%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Ovintiv (OVV) at 34.32% operates in the top operating margin quartile, ahead of Tenaris (TS) at 19.26%, 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%
TS
Energy industry group
19.26%
- Max
- 71.31%
- Q3
- 33.75%
- TS
- 19.26%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | OVV | TS |
|---|---|---|
| ROE (TTM) | 12.10% | 11.86% |
| ROA (TTM) | 10.13% | 6.69% |
| Net Margin (TTM) | 13.13% | 16.24% |
| Operating Margin (TTM) | 34.32% | 19.26% |
| Gross Margin (TTM) | 55.81% | 38.54% |
Growth
Revenue Growth
Both Ovintiv (OVV) at -2.67% and Tenaris (TS) at -4.33% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Ovintiv (OVV) at 13.54% and Tenaris (TS) at 1.11% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | OVV | TS |
|---|---|---|
| Revenue Growth (YoY) | -2.67% | -4.33% |
| Revenue Growth (3Y CAGR) | -10.59% | 0.62% |
| EPS Growth (YoY) | 13.54% | 1.11% |
| EPS Growth (3Y CAGR) | -30.24% | -5.38% |
Financial Strength
Current Ratio (MRQ)
Tenaris (TS) at 3.25 carries current ratio above its industry’s typical mid-range, while Ovintiv (OVV) at 0.84 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
OVV
Energy industry group
0.84
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- OVV
- 0.84
- Min
- 0.24
TS
Energy industry group
3.25
- Max
- 3.64
- TS
- 3.25
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Tenaris (TS) at 0.03 keeps leverage in the lower industry quartile, while Ovintiv (OVV) at 0.44 runs a more typical debt-to-equity mix.
OVV
Energy industry group
0.44
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- OVV
- 0.44
- Q1
- 0.30
- Min
- 0.00
TS
Energy industry group
0.03
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- TS
- 0.03
- Min
- 0.00
Financial Strength Metrics
| Metric | OVV | TS |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 3.25 |
| Debt / Equity (MRQ) | 0.44 | 0.03 |
| Net Debt / EBITDA | 0.91 | -0.90 |
Dividends
Dividend Yield (TTM)
Both Ovintiv (OVV) at 1.97% and Tenaris (TS) at 2.11% 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%
TS
Energy industry group
2.11%
- Max
- 8.57%
- Q3
- 3.58%
- TS
- 2.11%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Ovintiv (OVV) at 23.95% and Tenaris (TS) at 45.64% 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%
TS
Energy industry group
45.64%
- Max
- 133.24%
- Q3
- 53.31%
- TS
- 45.64%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OVV | TS |
|---|---|---|
| Dividend Yield (TTM) | 1.97% | 2.11% |
| Dividend Payout Ratio (TTM) | 23.95% | 45.64% |
Valuation
P/E Ratio (TTM)
Both Ovintiv (OVV) at 12.08 and Tenaris (TS) at 15.09 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
TS
Energy industry group
15.09
- Max
- 39.54
- Q3
- 21.72
- TS
- 15.09
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
On P/S ratio, both Ovintiv (OVV) at 1.62 and Tenaris (TS) at 2.44 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
TS
Energy industry group
2.44
- Max
- 5.40
- Q3
- 2.85
- TS
- 2.44
- Median
- 1.69
- 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 Tenaris (TS) at 3.53 carries an above-peer premium to book — TS 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
TS
Energy industry group
3.53
- Max
- 4.21
- TS
- 3.53
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | OVV | TS |
|---|---|---|
| P/E Ratio (TTM) | 12.08 | 15.09 |
| P/S Ratio (TTM) | 1.62 | 2.44 |
| P/B Ratio (MRQ) | 1.41 | 3.53 |
| Free Cash Flow Yield (TTM) | 5.54% | 6.50% |