Ovintiv Management
Management criteria checks 4/4
Ovintiv's CEO is Brendan McCracken, appointed in Dec 2020, has a tenure of 3.33 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 $7.09M. The average tenure of the management team and the board of directors is 4.5 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 | 4yrs |
| CEO ownership | 0.07% |
| Management average tenure | 4.5yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30
Dec 05
We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt
Nov 23Ovintiv: Better Options Available For Investors
Nov 11Insufficient Growth At Ovintiv Inc. (NYSE:OVV) Hampers Share Price
Oct 28Investors Will Want Ovintiv's (NYSE:OVV) Growth In ROCE To Persist
Sep 30Ovintiv (NYSE:OVV) Will Pay A Dividend Of $0.30
Aug 20Ovintiv: 2024 Production Guidance Increase, Multi-Frac Technology, And Cheap
Aug 06Ovintiv (NYSE:OVV) Is Due To Pay A Dividend Of $0.30
Aug 05Ovintiv (NYSE:OVV) Takes On Some Risk With Its Use Of Debt
Jul 31Why Investors Shouldn't Be Surprised By Ovintiv Inc.'s (NYSE:OVV) Low P/E
Jul 17Ovintiv: Increased Full-Year Production Guidance After Its Q1 2024 Results
Jun 13Ovintiv Inc. (NYSE:OVV) Shares Could Be 24% Below Their Intrinsic Value Estimate
Jun 06Ovintiv's (NYSE:OVV) Dividend Will Be $0.30
May 24Ovintiv: Better Choices Available In Oil And Gas Sector (Rating Downgrade)
May 23Ovintiv Inc.'s (NYSE:OVV) CEO Looks Like They Deserve Their Pay Packet
Apr 26We Think Ovintiv (NYSE:OVV) Is Taking Some Risk With Its Debt
Apr 19Ovintiv Inc.'s (NYSE:OVV) Price Is Right But Growth Is Lacking
Apr 05Ovintiv: Projecting 2024 FCF At Around $1.8 Billion To $1.9 Billion
Mar 22Ovintiv (NYSE:OVV) Is Doing The Right Things To Multiply Its Share Price
Mar 21Ovintiv: Still Light On Oil Reserves
Mar 03Ovintiv Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 01Estimating The Intrinsic Value Of Ovintiv Inc. (NYSE:OVV)
Feb 25Ovintiv: A Wait-And-See Opportunity With Long-Term Upside
Jan 11Ovintiv: Operational Improvement But Debt Reduction A Headwind (Rating Downgrade)
Nov 09Ovintiv May Generate Around $3 Billion In Free Cash Flow By The End Of 2024
Sep 27CEO Compensation Analysis
| 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 about average for companies of similar size in the US market ($USD12.85M).
Compensation vs Earnings: Brendan's compensation has been consistent with company performance over the past year.
CEO
Brendan McCracken (48 yo)
4yrs
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 |
|---|---|---|---|---|
| President | 4yrs | US$11.78m | 0.070% $ 7.1m | |
| Executive VP & CFO | 5.6yrs | US$3.93m | 0.062% $ 6.3m | |
| Executive VP & COO | 5.3yrs | US$5.04m | 0.072% $ 7.2m | |
| Executive VP of Midstream & Marketing and General Counsel | less than a year | US$2.71m | 0.012% $ 1.2m | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President of Corporate Services | 4.5yrs | US$1.96m | 0.030% $ 3.0m |
4.5yrs
Average Tenure
50yo
Average Age
Experienced Management: OVV's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$11.78m | 0.070% $ 7.1m | |
| Independent Director | 3.4yrs | US$310.43k | 0.0068% $ 680.7k | |
| Independent Chairman | 14.6yrs | US$465.43k | 0.029% $ 2.9m | |
| Independent Director | 5.8yrs | US$305.43k | 0.073% $ 7.4m | |
| Independent Director | 11.8yrs | US$289.94k | 0.016% $ 1.6m | |
| Independent Director | 5.8yrs | US$300.43k | 0.014% $ 1.4m | |
| Independent Director | 2.3yrs | US$290.43k | 0.0044% $ 445.1k | |
| Independent Director | 14.9yrs | US$305.43k | 0.022% $ 2.2m | |
| Independent Director | 4yrs | US$290.43k | 0.0089% $ 896.2k | |
| Independent Director | 10.5yrs | US$300.43k | 0.017% $ 1.8m | |
| Independent Director | less than a year | no data | 0.0014% $ 141.0k |
5.8yrs
Average Tenure
66yo
Average Age
Experienced Board: OVV's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:50 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ovintiv Inc. is covered by 67 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Ishan Majumdar | Baptista Research |
| Thomas Driscoll | Barclays |