Ovintiv Inc

Common Name

Ovintiv

Country

United States

Sector

Energy

Industry

Oil & Gas E&P

Employees

1,623

Ticker

OVV

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.ovintiv.com

Description

Ovintiv Inc. is a prominent North American energy production company that primarily focuses on the exploration, development, and production of oil, natural gas, and natural gas liquids. With a strong ... Show more

Financial Statements of Ovintiv

Below are the financial statements of Ovintiv, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	42^a	3^a
Accounts receivable and accrued revenues (net of allowances of $5 million (2023: $5 million))	1,183^a	1,442^a
Risk management	108^a	214^a
Income tax receivable	36^a	17^a
Oil and natural gas properties, based on full cost accounting	—	—
Proved properties	66,009^a	64,084^a
Unproved properties	764^a	1,486^a
Property, plant and equipment, at cost	—	—
Other	865^a	907^a
Property, plant and equipment	67,638^a	66,477^a
Less: accumulated depreciation, depletion and amortization	-53,274^a	-51,837^a
Assets	—	—
Property, plant and equipment, net	14,364^a	14,640^a
Other assets	965^a	1,015^a
Risk management	0^a	4^a
Deferred income taxes	10^a	53^a
Goodwill	2,546^a	2,599^a
Current liabilities	—	—
Accounts payable and accrued liabilities	1,883^a	2,209^a
Current portion of operating lease liabilities	82^a	87^a
Income tax payable	9^a	232^a
Risk management	107^a	0^a
Current portion of long-term debt	600^a	284^a
Liabilities and shareholders’ equity	—	—
Long-term debt	4,853^a	5,453^a
Operating lease liabilities	737^a	832^a
Other liabilities and provisions	114^a	132^a
Risk management	21^a	2^a
Asset retirement obligation	315^a	276^a
Deferred income taxes	202^a	110^a
Shareholders’ equity	—	—
Share capital	3^a	3^a
Paid in surplus	8,045^a	8,620^a
Retained earnings	1,506^a	697^a
Accumulated other comprehensive income	777^a	1,050^a
Total shareholders’ equity	10,331^a	10,370^a

Verified Sources Behind Ovintiv’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Ovintiv’s data sources below and access millions more through our Disclosure Search.

a. Ovintiv's Annual Report 2024

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Ovintiv Inc

Financial Statements of Ovintiv

Verified Sources Behind Ovintiv’s Financial Fundamentals Data

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