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.
| All figures in billions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Product and service revenues | 7.36a | 7.81a | 10.18a |
| Sales of purchased product | 1.59a | 2.85a | 4.08a |
| Gains (losses) on risk management, net | 0.14a | 0.15a | -1.87a |
| Sublease revenues | 0.07a | 0.07a | 0.07a |
| Total revenues | 9.15a | 10.88a | 12.46a |
| Operating expenses | — | — | — |
| Production, mineral and other taxes | -0.33a | -0.34a | -0.42a |
| Transportation and processing | -1.64a | -1.77a | -1.79a |
| Operating | -0.93a | -0.86a | -0.8a |
| Purchased product | -1.55a | -2.82a | -4.06a |
| Depreciation, depletion and amortization | -2.29a | -1.83a | -1.11a |
| Impairments | -0.45a | 0a | 0a |
| Accretion of asset retirement obligation | -0.02a | -0.02a | -0.02a |
| Administrative | -0.37a | -0.39a | -0.42a |
| Total operating expenses | -7.57a | -8.02a | -8.61a |
| Operating income (loss) | 1.58a | 2.86a | 3.85a |
| Other (income) expenses | — | — | — |
| Interest | -0.41a | -0.36a | -0.31a |
| Foreign exchange (gain) loss, net | -0.02a | 0.02a | 0.02a |
| Other (gains) losses, net | -0.17a | -0.02a | -0.03a |
| Total other (income) expenses | 0.23a | 0.35a | 0.29a |
| Net earnings (loss) before income tax | 1.35a | 2.51a | 3.56a |
| Income tax expense (recovery) | -0.23a | -0.43a | -0.08a |
| Net earnings (loss) | 1.13a | 2.09a | 3.64a |
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