Ovintiv (NYSE:OVV) vs. Paradigm Oil and Gas (OTCMKTS:PDGO) Financial Review

Ovintiv (NYSE:OVVGet Free Report) and Paradigm Oil and Gas (OTCMKTS:PDGOGet Free Report) are both energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, valuation, analyst recommendations, institutional ownership, earnings, profitability and dividends.

Risk and Volatility

Ovintiv has a beta of 0.77, indicating that its stock price is 23% less volatile than the S&P 500. Comparatively, Paradigm Oil and Gas has a beta of -0.25, indicating that its stock price is 125% less volatile than the S&P 500.

Earnings and Valuation

This table compares Ovintiv and Paradigm Oil and Gas”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Ovintiv $8.95 billion 1.17 $1.13 billion $0.91 45.56
Paradigm Oil and Gas N/A N/A -$1.66 million N/A N/A

Ovintiv has higher revenue and earnings than Paradigm Oil and Gas.

Profitability

This table compares Ovintiv and Paradigm Oil and Gas’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Ovintiv 2.64% 12.22% 6.43%
Paradigm Oil and Gas N/A N/A N/A

Institutional & Insider Ownership

83.8% of Ovintiv shares are owned by institutional investors. 0.9% of Ovintiv shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations for Ovintiv and Paradigm Oil and Gas, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ovintiv 0 5 14 1 2.80
Paradigm Oil and Gas 0 0 0 0 0.00

Ovintiv presently has a consensus price target of $51.83, indicating a potential upside of 25.02%. Given Ovintiv’s stronger consensus rating and higher probable upside, equities analysts clearly believe Ovintiv is more favorable than Paradigm Oil and Gas.

Summary

Ovintiv beats Paradigm Oil and Gas on 12 of the 12 factors compared between the two stocks.

About Ovintiv

(Get Free Report)

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. In addition, the company's upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.

About Paradigm Oil and Gas

(Get Free Report)

Paradigm Oil and Gas, Inc., an exploration stage company, engages in the acquisition, exploration, development, and operation of oil and gas properties. It holds interests in 4 oil and gas leases covering approximately 934 net mineral acres located in the Wichita and Navarro counties of Texas. The company is headquartered in Indian Rocks Beach, Florida.

Receive News & Ratings for Ovintiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ovintiv and related companies with MarketBeat.com's FREE daily email newsletter.