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.
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 ...

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.

All figures in billions of USD202420232022
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

Verified Sources Behind Ovintiv’s Financial Fundamentals Data

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a. Ovintiv's Annual Report 2024
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