Is Ovintiv Inc. (OVV) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 43.4% / 30% | 1.9% / 30% | 7.2% / 30% | 10.31% / 5% | ✗ NOT HALAL |
| DJIM | 43.4% / 33% | 1.9% / 33% | 7.2% / 33% | 10.31% / 5% | ✗ NOT HALAL |
| MSCI | 31.5% / 33% | 1.4% / 33% | 5.2% / 33% | 10.31% / 5% | ✗ NOT HALAL |
| S&P | 43.4% / 33% | 1.9% / 33% | 7.2% / 33% | 10.31% / 5% | ✗ NOT HALAL |
| FTSE | 31.5% / 33% | 1.4% / 33% | 5.2% / 50% | 10.31% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 51.9% | |
| Operating Margin | 23.8% | |
| Net Margin | 14.3% | |
| Return on Equity (ROE) | 11.5% | |
| Return on Assets (ROA) | 6.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3.7B |
| Free Cash Flow | $1.5B |
| Total Debt | $6.4B |
| Debt-to-Equity | 57.4 |
| Current Ratio | 0.5 |
| Total Assets | $20.4B |
Price & Trading
| Last Close | $61.26 |
| 50-Day MA | $49.46 |
| 200-Day MA | $42.17 |
| Avg Volume | 5.0M |
| Beta | 0.7 |
|
52-Week Range
$29.80
| |
About Ovintiv Inc. (OVV)
Ovintiv Inc., together with its subsidiaries, operates as an oil and natural gas exploration and production company in North America. The company operates through USA Operations and Canadian Operations segments. It is involved in the exploration, development, production, and marketing of oil, NGLs, natural gas and other related activities in the Permian in West Texas and Anadarko in West-central Oklahoma in the United States, as well as in northwest Alberta and 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.
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Frequently Asked Questions
Is Ovintiv Inc. (OVV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ovintiv Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Ovintiv Inc.'s debt ratio?
Ovintiv Inc.'s debt ratio is 43.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 31.5%.
What are Ovintiv Inc.'s key financial metrics?
Ovintiv Inc. has a market capitalization of $17.6B, trailing P/E ratio of 13.0, and revenue of $8.9B. The company maintains a gross margin of 51.9% and a net margin of 14.3%. Return on equity stands at 11.5%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.