Antero Resources vs Ovintiv
Ovintiv is the larger business, with $8.91bn of revenue in fiscal 2025 against $5.28bn for Antero Resources (1.7 times as much). Antero Resources grew faster (22.0% against -2.7%). Ovintiv kept more of each dollar of sales as profit: a net margin of 13.9% against 12.0%.
| Latest fiscal year | Antero ResourcesAR, 2025 | OvintivOVV, 2025 |
|---|---|---|
| Revenue | $5.28bn | $8.91bn |
| Revenue growth | 22.0% | -2.7% |
| Net income | $634m | $1.24bn |
| Operating margin | — | 12.7% |
| Net margin | 12.0% | 13.9% |
| Return on equity | 8.7% | 11.5% |
| Free cash flow | $1.38bn | $1.50bn |
| Cash | $210m | $35.0m |
| Total debt | $1.40bn | $5.23bn |
| Debt to equity | — | 46.7% |
| Dividend per share | — | $1.20 |
| Dividend yield | — | 1.7% |
| Share buybacks | $136m | $307m |
| Employees | 632 | 1,465 |
| Market value | $12.36bn | $18.47bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 41 (Weak) | 55 (Moderate) |
| Insider trades, 12 months | 2 buys, 8 sales | 0 buys, 6 sales |