Ovintiv Inc
Ovintiv Inc (TSX: OVV) is trading at CA$83.42, about ₹5,643 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.11% today. Indian residents can buy Ovintiv from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$83.03
Today's high
CA$84.15
52 week low
CA$50.13
52 week high
CA$93.78
OVV opened at CA$83.05, closed previously at CA$84.36, and has traded between CA$50.13 and CA$93.78 over the past 52 weeks.
About
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.
Key statistics
Avg. volume
185.76K
Market cap
CA$23.07B
P/E Ratio
16.71
Price-to-sales ratio
1.69
Enterprise value
$16.46B
Free cash flow yield
14.94%
Debt-to-equity ratio
0.43
Return on equity
11.09%
ROIC
10.21%
Beta
0.54
Dividend yield
2.04%
Last dividend
CA$1.66
Financial overview
Revenue
$8.74B
Earnings per share
$4.83
Free cash flow
$1.50B
Net profit margin
9.55%
Gross margin
51.30%
EBITDA
$4.10B
Revenue growth
-4.55%
Similar securities
This is not an investment recommendation
How to buy Ovintiv from India
Indian residents can buy Ovintiv shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for Ovintiv and place an order
Find Ovintiv by name or by its ticker, OVV, and choose an order type. Ovintiv trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ovintiv position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Ovintiv from India
Trading and taxes when buying Ovintiv from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Ovintiv’s current yield is 2.04%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Ovintiv stock?
Yes. Ovintiv (OVV) has been listed on the Toronto Stock Exchange since 2001, in the Oil & Gas Exploration & Production industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Ovintiv share cost in rupees?
One Ovintiv share is CA$83.42 — about ₹5,643 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Ovintiv price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Ovintiv from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Ovintiv shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Ovintiv price. Paasa issues a capital-gains statement for your return.
Does Ovintiv pay a dividend, and how is it taxed in India?
Yes. Ovintiv pays a dividend and the current yield is 2.04%; the last declared dividend was CA$1.66 per share, about ₹112.43. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Ovintiv from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Is Ovintiv a Canada company, and does that change how it is taxed?
Ovintiv trades on the Toronto Stock Exchange in CAD, but the company is domiciled in United States. Ovintiv trades as an ordinary share listed directly in Canada, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Ovintiv shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Ovintiv holding, its cost and its closing value.
How do I sell Ovintiv and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Ovintiv?
Yes. Ovintiv is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.