Economic foreign currency exchange contracts
Ovintiv Economic foreign currency exchange contracts decreased by 184.0% to -$63.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 293.8%, from -$16.00M to -$63.00M. Over 2 years (FY 2022 to FY 2025), Economic foreign currency exchange contracts shows an upward trend with a -69.6% CAGR.
Analysis
How to read this metric
Gains suggest effective hedging during market shifts, while losses may indicate hedging costs or timing mismatches in risk management.
Detailed definition
Measures the net gain or loss from derivative instruments used to hedge interest rate and market price risks. This metri...
Peer comparison
Standard for mortgage REITs; peers report this as 'Net gain/loss on derivatives' or 'Hedging gains/losses'.
other_gain_loss_from_price_risk_management_activityHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$799.00M | -$950.00M | -$1.46B | -$295.00M | -$111.00M | -$3.00M | -$58.00M | $147.00M | -$282.00M | $344.00M | -$54.00M | $77.00M | $128.00M | -$16.00M | $87.00M | $26.00M | $75.00M | -$63.00M |
| QoQ Change | — | -18.9% | -53.5% | +79.8% | +62.4% | +97.3% | <-999% | +353.4% | -291.8% | +222.0% | -115.7% | +242.6% | +66.2% | -112.5% | +643.8% | -70.1% | +188.5% | -184.0% |
| YoY Change | — | — | — | +63.1% | +88.3% | — | +96.0% | +149.8% | -154.1% | >999% | +6.9% | -47.6% | +145.4% | +70.4% | +13.0% | -79.7% | — | -293.8% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Usa Operations | $24.00M | $31.00M | $44.00M | $20.00M | $0.00 | $9.00M | $9.00M | $33.00M |
| Canadian Operations | $22.00M | $38.00M | $53.00M | $39.00M | $30.00M | $24.00M | $37.00M | $24.00M |
| Market Optimization | $0.00 | $0.00 | $0.00 | — | — | — | — | — |
| Total | -$54.00M | $77.00M | $128.00M | — | -$16.00M | $87.00M | $26.00M | $75.00M |
Market Optimization was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
Economic foreign currency exchange contracts at Other Companies
Frequently Asked Questions
- What is Ovintiv's economic foreign currency exchange contracts?
- Ovintiv (OVV) reported economic foreign currency exchange contracts of -$63.00M in Q1 2026.
- How has Ovintiv's economic foreign currency exchange contracts changed year-over-year?
- Ovintiv's economic foreign currency exchange contracts decreased by 293.8% year-over-year, from -$16.00M to -$63.00M.
- What is the long-term trend for Ovintiv's economic foreign currency exchange contracts?
- Over 2 years (2022 to 2025), Ovintiv's economic foreign currency exchange contracts has grown at a -69.6% compound annual growth rate (CAGR), from -$1.87B to $172.00M.
- What does economic foreign currency exchange contracts mean?
- The net gain or loss from financial derivatives used to hedge against market risks.