Ovintiv (Ovintiv) 12-1 Month Momentum %

: 34.57% (As of Today)

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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-20), Ovintiv's 12-1 Month Momentum % is 34.57%.

The industry rank for Ovintiv's 12-1 Month Momentum % or its related term are showing as below:

OVV's 12-1 Month Momentum % is ranked better than
80.68% of 1087 companies
in the Oil & Gas industry
Industry Median: -2.45 vs OVV: 34.57

Competitive Comparison

For the Oil & Gas E&P subindustry, Ovintiv's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ovintiv 12-1 Month Momentum % Distribution

For the Oil & Gas industry and Energy sector, Ovintiv's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Ovintiv's 12-1 Month Momentum % falls into.

Ovintiv (NYSE:OVV) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ovintiv (NYSE:OVV) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Ovintiv 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Ovintiv's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ovintiv (Ovintiv) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ovintiv Inc (NYSE:OVV) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

47Q:Germany 47Q:Germany OVV:Canada

Address

370 - 17th Street, Suite 1700, Denver, CO, USA, 80202

Website

https://www.ovintiv.com

Ovintiv is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2019, the company reported net proven reserves of 1,348 million barrels of oil equivalent. Net production averaged 543 thousand barrels of oil equivalent per day in 2020 at a ratio of 53% oil and natural gas liquids and 47% natural gas.

Executives

Meghan Nicole Eilers	officer: EVP, GC & Corporate Secretary	4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Steven W Nance	director	130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Renee Ellen Zemljak	officer: EVP, Midstream, Mrktg & Fndmtl	SUITE 1700, 370 - 17TH STREET, DENVER CO 80202
Howard John Mayson	director	C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Ralph Izzo	director	PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Thomas G Ricks	director	H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Katherine Lucas Minyard	director	370 17TH STREET, SUITE 1700, DENVER CO 80202
George Pita	director	3000 NW 107TH AVENUE, MIAMI FL 33172
Joanne Linette Alexander	officer: EVP, General Counsel & CorpSec	500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meg Gentle	director	717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Rachel Maureen Moore	officer: EVP, Corporate Services	C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Douglas James Suttles	director, officer: Chief Executive Officer	500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brendan Michael Mccracken	officer: EVP, Corp Dev & Ext Relations	C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Bruce Gordon Waterman	director	C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Code Corey Douglas	officer: EVP & CFO	500 CENTRE STREET SE, CALGARY A0 T2P 2S5