OVV vs. WDS: Ovintiv vs. Woodside Energy Stock Comparison
How do Ovintiv (OVV) and Woodside Energy (WDS) 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 Woodside Energy (WDS) are both classified in the Oil & Gas Exploration & Production sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
Ovintiv (OVV) trades as ordinary local shares, while Woodside Energy (WDS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | OVV | WDS |
|---|---|---|
| Name | Ovintiv Inc. | Woodside Energy Group Ltd ADR |
| Country/Region | United States | Australia |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production |
| Market Capitalization | 16.26 billion USD | 40.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 8, 2002 | November 18, 1996 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OVV | WDS |
|---|---|---|
| Total Return (1Y) | 60.20% | 30.30% |
| Total Return (3Y, Annualized) | 14.43% | 5.67% |
| Total Return (5Y, Annualized) | 13.60% | 11.65% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OVV | WDS |
|---|---|---|
| Volatility (1Y, Annualized) | 36.62% | 33.53% |
| Beta (5Y) | 0.61 | 0.38 |
| Max Drawdown (5Y) | -47.13% | -48.77% |
| Avg. Volume (3M) | 3.34M | 570.04K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OVV | WDS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.53 | 0.78 |
| Sortino Ratio (1Y) | 2.22 | 1.11 |
Profitability
ROE (TTM)
Both Ovintiv (OVV) at 12.10% and Woodside Energy (WDS) at 7.68% 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%
WDS
Energy industry group
7.68%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- WDS
- 7.68%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Ovintiv (OVV) at 13.13% and Woodside Energy (WDS) at 22.21% 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%
WDS
Energy industry group
22.21%
- Max
- 56.92%
- Q3
- 22.92%
- WDS
- 22.21%
- 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 Woodside Energy (WDS) at 23.91%, 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%
WDS
Energy industry group
23.91%
- Max
- 71.31%
- Q3
- 33.75%
- WDS
- 23.91%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | OVV | WDS |
|---|---|---|
| ROE (TTM) | 12.10% | 7.68% |
| ROA (TTM) | 10.13% | 2.83% |
| Net Margin (TTM) | 13.13% | 22.21% |
| Operating Margin (TTM) | 34.32% | 23.91% |
| Gross Margin (TTM) | 55.81% | 34.92% |
Growth
Revenue Growth
Both Ovintiv (OVV) at -2.67% and Woodside Energy (WDS) at -1.48% 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 Woodside Energy (WDS) at -24.02% 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 | WDS |
|---|---|---|
| Revenue Growth (YoY) | -2.67% | -1.48% |
| Revenue Growth (3Y CAGR) | -10.59% | -8.26% |
| EPS Growth (YoY) | 13.54% | -24.02% |
| EPS Growth (3Y CAGR) | -30.24% | -30.68% |
Financial Strength
Current Ratio (MRQ)
Woodside Energy (WDS) 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
WDS
Energy industry group
1.39
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- WDS
- 1.39
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both Ovintiv (OVV) at 0.44 and Woodside Energy (WDS) at 0.33 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
WDS
Energy industry group
0.33
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- WDS
- 0.33
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | OVV | WDS |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 1.39 |
| Debt / Equity (MRQ) | 0.44 | 0.33 |
| Net Debt / EBITDA | 0.91 | 1.15 |
Dividends
Dividend Yield (TTM)
Woodside Energy (WDS) at 5.41% delivers top-quartile income for its industry, while Ovintiv (OVV) at 1.97% pays a more typical yield — both are credible income propositions, WDS the richer one.
OVV
Energy industry group
1.97%
- Max
- 8.57%
- Q3
- 3.58%
- OVV
- 1.97%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
WDS
Energy industry group
5.41%
- Max
- 8.57%
- WDS
- 5.41%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Ovintiv (OVV) at 23.95% pays out a band-typical share of earnings, while Woodside Energy (WDS) at 69.78% 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%
WDS
Energy industry group
69.78%
- Max
- 133.24%
- WDS
- 69.78%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OVV | WDS |
|---|---|---|
| Dividend Yield (TTM) | 1.97% | 5.41% |
| Dividend Payout Ratio (TTM) | 23.95% | 69.78% |
Valuation
P/E Ratio (TTM)
Both Ovintiv (OVV) at 12.08 and Woodside Energy (WDS) at 13.15 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
WDS
Energy industry group
13.15
- Max
- 39.54
- Q3
- 21.72
- WDS
- 13.15
- Median
- 12.19
- 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 Woodside Energy (WDS) at 2.89 sits in the pricier quartile — WDS costs more per dollar of sales.
OVV
Energy industry group
1.62
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- OVV
- 1.62
- Q1
- 0.88
- Min
- 0.00
WDS
Energy industry group
2.89
- Max
- 5.40
- WDS
- 2.89
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Ovintiv (OVV) at 1.41 and Woodside Energy (WDS) at 1.11 are valued close to their industries’ norm against book — neither stands out from peers.
OVV
Energy industry group
1.41
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- OVV
- 1.41
- Q1
- 1.08
- Min
- 0.01
WDS
Energy industry group
1.11
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- WDS
- 1.11
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | OVV | WDS |
|---|---|---|
| P/E Ratio (TTM) | 12.08 | 13.15 |
| P/S Ratio (TTM) | 1.62 | 2.89 |
| P/B Ratio (MRQ) | 1.41 | 1.11 |
| Free Cash Flow Yield (TTM) | 5.54% | 1.41% |