Sifting through countless of stocks in the Oil, Gas & Consumable Fuels industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Ovintiv Inc., Black Stone Minerals or L.P. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Ovintiv Inc., Black Stone Minerals and L.P. compare based on key financial metrics to determine which better meets your investment needs.

About Ovintiv Inc., Black Stone Minerals and L.P.

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 the Montney 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.

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.9 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.

Latest Oil, Gas & Consumable Fuels and Ovintiv Inc., Black Stone Minerals, L.P. Stock News

As of September 1, 2026, Ovintiv Inc. had a $18.3 billion market capitalization, compared to the Oil, Gas & Consumable Fuels median of $2.8 million. Ovintiv Inc.’s stock is NA in 2026, NA in the previous five trading days and up 58.07% in the past year.

Currently, Ovintiv Inc.’s price-earnings ratio is 19.3. Ovintiv Inc.’s trailing 12-month revenue is $9.5 billion with a 9.7% net profit margin. Year-over-year quarterly sales growth most recently was 29.7%. Analysts expect adjusted earnings to reach $7.313 per share for the current fiscal year. Ovintiv Inc. currently has a 1.8% dividend yield.

Currently, Black Stone Minerals, L.P.’s price-earnings ratio is 12.4. Black Stone Minerals, L.P.’s trailing 12-month revenue is $423.6 million with a 66.9% net profit margin. Year-over-year quarterly sales growth most recently was 13.1%. Analysts expect adjusted earnings to reach $1.010 per share for the current fiscal year. Black Stone Minerals, L.P. currently has a 8.1% dividend yield.

How We Compare Ovintiv Inc., Black Stone Minerals and L.P. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Ovintiv Inc., Black Stone Minerals and L.P.’s stock grades to see how they measure up against one another.

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Ovintiv Inc., Black Stone Minerals and L.P.’s Quality Grades

Company	Ticker	Quality
Ovintiv Inc.	OVV	A
Black Stone Minerals, L.P.	BSM	B

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Ovintiv Inc. has a Quality Score of 90, which is Very Strong. Black Stone Minerals, L.P. has a Quality Score of 68, which is Strong.

The Quality Grade Winner: Ovintiv Inc.

As you can clearly see from the Quality Grade breakdown above, Ovintiv Inc. has a better overall quality grade than Black Stone Minerals, L.P.. For investors who are looking for companies with higher quality than others in the same industry, Ovintiv Inc. could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Ovintiv Inc., Black Stone Minerals and L.P.’s Momentum Grades

Company	Ticker	Momentum
Ovintiv Inc.	OVV	B
Black Stone Minerals, L.P.	BSM	C

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Ovintiv Inc. has a Momentum Score of 78, which is Strong. Black Stone Minerals, L.P. has a Momentum Score of 60, which is Average.

The Momentum Grade Winner: Ovintiv Inc.

As you can clearly see from the Momentum Grade breakdown above, Ovintiv Inc. is considered to have stronger momentum compared to Black Stone Minerals, L.P.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Ovintiv Inc. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Ovintiv Inc., Black Stone Minerals and L.P.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Ovintiv Inc.	OVV	D
Black Stone Minerals, L.P.	BSM	C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Ovintiv Inc. has a Earnings Estimate Score of 38, which is Negative. Black Stone Minerals, L.P. has a Earnings Estimate Score of 49, which is Neutral.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither Ovintiv Inc., Black Stone Minerals or L.P. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Ovintiv Inc., Black Stone Minerals or L.P. is the better investment when it comes to estimate revisions.

Other Ovintiv Inc., Black Stone Minerals and L.P. Grades

In addition to Estimate Revisions, Momentum and Quality, A+ Investor also provides grades for Value and Growth.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Ovintiv Inc., Black Stone Minerals and L.P. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Ovintiv Inc., Black Stone Minerals or L.P. Stock?

Overall, Ovintiv Inc. stock has a Momentum Score of 78, Estimate Revisions Score of 38 and Quality Score of 90.

Black Stone Minerals, L.P. stock has a Momentum Score of 60, Estimate Revisions Score of 49 and Quality Score of 68.

Comparing Ovintiv Inc., Black Stone Minerals and L.P.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.