Ovintiv Management

Management criteria checks 3/4

Ovintiv's CEO is Brendan McCracken, appointed in Dec 2020, has a tenure of 3.92 years. total yearly compensation is $11.78M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.07% of the company’s shares, worth CA$11.41M. The average tenure of the management team and the board of directors is 4.2 years and 5.8 years respectively.

Key information

Brendan McCracken

Chief executive officer

US$11.8m

Total compensation

CEO salary percentage	9.2%
CEO tenure	3.9yrs
CEO ownership	0.07%
Management average tenure	4.2yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued

Jul 19

Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today

Jul 05

Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet

Apr 22

Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate

Apr 06

Here's Why Ovintiv (TSE:OVV) Has Caught The Eye Of Investors

Mar 01

A Look At The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Jan 03

Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Dec 12

CEO Compensation Analysis

How has Brendan McCracken's remuneration changed compared to Ovintiv's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$2b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$12m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$10m	US$1m	US$4b
Sep 30 2022	n/a	n/a	US$4b
Jun 30 2022	n/a	n/a	US$2b
Mar 31 2022	n/a	n/a	US$866m
Dec 31 2021	US$9m	US$703k	US$1b
Sep 30 2021	n/a	n/a	-US$582m
Jun 30 2021	n/a	n/a	-US$2b
Mar 31 2021	n/a	n/a	-US$6b
Dec 31 2020	US$2m	US$350k	-US$6b
Sep 30 2020	n/a	n/a	-US$5b
Jun 30 2020	n/a	n/a	-US$4b
Mar 31 2020	n/a	n/a	US$900m
Dec 31 2019	US$1m	US$298k	US$234m

Compensation vs Market: Brendan's total compensation ($USD11.78M) is above average for companies of similar size in the Canadian market ($USD7.95M).

Compensation vs Earnings: Brendan's compensation has been consistent with company performance over the past year.

CEO

Brendan McCracken (48 yo)

3.9yrs

Tenure

US$11,783,939

Compensation

Mr. Brendan Michael McCracken serves as President of Ovintiv Inc. since December 2020 and serves as its Chief Executive Officer and Director since August 1, 2021 and served as Executive Vice President of C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Brendan McCracken	President	3.9yrs	US$11.78m	0.070% CA$ 11.4m
Corey Code	Executive VP & CFO	5.5yrs	US$3.93m	0.062% CA$ 10.1m
Gregory Givens	Executive VP & COO	5.2yrs	US$5.04m	0.072% CA$ 11.6m
Meghan Eilers	Executive VP of Midstream & Marketing and General Counsel	less than a year	US$2.71m	0.012% CA$ 2.0m
Renee Zemljak	Senior Advisor	less than a year	US$3.18m	0.011% CA$ 1.8m
Stephen Campbell	Senior Vice President of Investor Relations	no data	no data	no data
Rachel Moore	Executive Vice President of Corporate Services	4.4yrs	US$1.96m	0.030% CA$ 4.8m

4.2yrs

Average Tenure

50yo

Average Age

Experienced Management: OVV's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brendan McCracken	President	3.3yrs	US$11.78m	0.070% CA$ 11.4m
George Pita	Independent Director	3.3yrs	US$310.43k	0.0068% CA$ 1.1m
Peter Dea	Independent Chairman	14.5yrs	US$465.43k	0.029% CA$ 4.7m
Thomas Ricks	Independent Director	5.8yrs	US$305.43k	0.073% CA$ 11.9m
Brian Shaw	Independent Director	11.8yrs	US$289.94k	0.016% CA$ 2.5m
Steven Nance	Independent Director	5.8yrs	US$300.43k	0.014% CA$ 2.3m
Ralph Izzo	Independent Director	2.2yrs	US$290.43k	0.0044% CA$ 716.6k
Suzanne Nimocks	Independent Director	14.8yrs	US$305.43k	0.022% CA$ 3.5m
Meg Gentle	Independent Director	3.9yrs	US$290.43k	0.0089% CA$ 1.4m
Howard Mayson	Independent Director	10.4yrs	US$300.43k	0.017% CA$ 2.8m
Sippy Chhina	Independent Director	less than a year	no data	0.0014% CA$ 227.0k

5.8yrs

Average Tenure

66yo

Average Age

Experienced Board: OVV's board of directors are considered experienced (5.8 years average tenure).

Ovintiv Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold CA$821k worth of stock

Executive Vice President of Midstream recently sold CA$5.3m worth of stock

Ovintiv Inc. Eliminates Renee E. Zemljak as Executive Vice-President, Midstream, Marketing & Fundamentals, Effective April 1, 2024

Insider recently sold CA$639k worth of stock

Ovintiv Inc., Annual General Meeting, May 02, 2024

Ovintiv Inc. Appoints Sippy Chhina as Independent Member of Its Board of Directors, Effective January 15, 2024

Recent updates

Third quarter dividend of US$0.30 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Ovintiv Inc. to Report Q3, 2024 Results on Nov 07, 2024

Investor sentiment improves as stock rises 17%

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.30 per share

Second quarter dividend of US$0.30 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Ovintiv Inc. to Report Q2, 2024 Results on Jul 30, 2024

Ovintiv Inc.(NYSE:OVV) dropped from Russell 2500 Growth Index

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.30 per share

Now 25% undervalued

New major risk - Revenue and earnings growth

Independent Director recently sold CA$821k worth of stock

First quarter dividend of US$0.30 announced

Ovintiv Inc. Declares Quarterly Dividend, Payable on June 28, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued

Now 21% undervalued

Ovintiv Inc. to Report Q1, 2024 Results on May 07, 2024

New major risk - Revenue and earnings growth

Executive Vice President of Midstream recently sold CA$5.3m worth of stock

Ovintiv Inc. Eliminates Renee E. Zemljak as Executive Vice-President, Midstream, Marketing & Fundamentals, Effective April 1, 2024

Upcoming dividend of US$0.30 per share

Insider recently sold CA$639k worth of stock

Fourth quarter dividend of US$0.30 announced

Ovintiv Inc. Declares Quarterly Dividend, Payable on March 28, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Estimating The Intrinsic Value Of Ovintiv Inc. (TSE:OVV)

Now 20% undervalued after recent price drop

Ovintiv Inc., Annual General Meeting, May 02, 2024

Ovintiv Inc. to Report Q4, 2023 Results on Feb 27, 2024

Ovintiv Inc. Appoints Sippy Chhina as Independent Member of Its Board of Directors, Effective January 15, 2024

Ovintiv Inc. Announces Retirement of Katherine L. Minyard as Director, Effective December 31, 2023

President exercised options and sold CA$1.1m worth of stock

Upcoming dividend of US$0.30 per share at 2.9% yield

Independent Director recently sold CA$775k worth of stock

Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $416.89 million.

Ovintiv Inc. has filed a Follow-on Equity Offering.

Ovintiv Inc. Declares Quarterly Dividend, Payable on December 29, 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Ovintiv Inc. (TSE:OVV) Shares Could Be 28% Below Their Intrinsic Value Estimate

Ovintiv Inc. to Report Q3, 2023 Results on Nov 07, 2023

Ovintiv Inc. has completed a Follow-on Equity Offering in the amount of $681.75 million.

Upcoming dividend of US$0.30 per share at 2.5% yield

President exercised options and sold CA$1.4m worth of stock

Here's Why Ovintiv (TSE:OVV) Can Manage Its Debt Responsibly

Ovintiv Inc. Revises Production Guidance for the Year 2023 and Provides Production Guidance for the Third Quarter of 2023, Second-Half and Full Year of 2024

Ovintiv Inc. Declares Quarterly Dividend, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: US$1.35 (vs US$5.28 in 2Q 2022)

Consensus EPS estimates fall by 10%

An Intrinsic Calculation For Ovintiv Inc. (TSE:OVV) Suggests It's 45% Undervalued

Consensus EPS estimates fall by 12%

Here's Why We Think Ovintiv (TSE:OVV) Might Deserve Your Attention Today

Ovintiv Inc. to Report Q2, 2023 Results on Jul 27, 2023

New minor risk - Shareholder dilution

Ovintiv Inc. Updates the Production Guidance for Second Quarter and Full Year of 2023

Upcoming dividend of US$0.30 per share at 3.3% yield

Independent Director exercised options and sold CA$129k worth of stock

Ovintiv Inc. Provides Production Guidance for the Second Quarter and Reaffirms Production Guidance for the Full Year 2023 and Provides Production Guidance for the Year 2024

First quarter 2023 earnings released: EPS: US$1.99 (vs US$0.94 loss in 1Q 2022)

Ovintiv (TSE:OVV) Has A Pretty Healthy Balance Sheet

Consensus EPS estimates fall by 17%

Consensus EPS estimates fall by 11%

Ovintiv Inc. (TSE:OVV) Shares Could Be 39% Below Their Intrinsic Value Estimate

Investor sentiment deteriorates as stock falls 20%

Executive Vice President of Midstream exercised options and sold CA$3.9m worth of stock

Upcoming dividend of US$0.25 per share at 2.3% yield