Cost of Revenue

Transportation And Processing Costs

Ovintiv Transportation And Processing Costs increased by 7.3% to $471.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.3%, from $398.00M to $471.00M. Over 4 years (FY 2021 to FY 2025), Transportation And Processing Costs shows relatively stable performance with a 1.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 11, 2026

How to read this metric

Lower costs relative to production indicate superior logistical infrastructure or proximity to market hubs.

Detailed definition

Costs incurred to move raw oil and gas from the wellhead to processing facilities or market hubs, including pipeline tar...

Peer comparison

Standard cost line for E&P companies; highly dependent on geographic basin characteristics.

Metric ID: cost_of_revenue_transportation_and_processing_costs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$418.00M$397.00M$422.00M$406.00M$453.00M$468.00M$459.00M$455.00M$452.00M$433.00M$426.00M$419.00M$413.00M$408.00M$399.00M$398.00M$435.00M$452.00M$439.00M$471.00M
QoQ Change-5.0%+6.3%-3.8%+11.6%+3.3%-1.9%-0.9%-0.7%-4.2%-1.6%-1.6%-1.4%-1.2%-2.2%-0.3%+9.3%+3.9%-2.9%+7.3%
YoY Change+8.4%+17.9%+8.8%+12.1%-0.2%-7.5%-7.2%-7.9%-8.6%-5.8%-6.3%-5.0%+5.3%+10.8%+10.0%+18.3%
Range$397.00M$471.00M
CAGR+2.5%
Avg YoY Growth+2.7%
Median YoY Growth+2.6%

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Canadian Operations$259.00M$270.00M$279.00M$271.00M$286.00M$320.00M$343.00M$322.00M
Usa Operations$160.00M$143.00M$129.00M$128.00M$112.00M$115.00M$109.00M$117.00M
Market Optimization$170.00M$156.00M$138.00M
Total$419.00M$413.00M$408.00M$399.00M$398.00M$435.00M$452.00M$439.00M

Market Optimization was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Ovintiv's transportation and processing costs?
Ovintiv (OVV) reported transportation and processing costs of $471.00M in Q1 2026.
How has Ovintiv's transportation and processing costs changed year-over-year?
Ovintiv's transportation and processing costs increased by 18.3% year-over-year, from $398.00M to $471.00M.
What is the long-term trend for Ovintiv's transportation and processing costs?
Over 4 years (2021 to 2025), Ovintiv's transportation and processing costs has grown at a 1.6% compound annual growth rate (CAGR), from $1.62B to $1.72B.
What does transportation and processing costs mean?
Expenses paid to transport and process oil and gas products to market.