Discontinued — last reported Q4 '23

Geographic · Revenue

US — Revenue

Ovintiv US — Revenue remained flat by 0.0% to $2.08B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 13.0%, from $2.39B to $2.08B. Over 2 years (FY 2021 to FY 2023), US — Revenue shows an upward trend with a 13.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ4 2023Feb 27, 2024
Rolls up toTotal Revenue

How to read this metric

An increase reflects higher production volumes or higher realized commodity prices.

Detailed definition

This represents the total gross revenue generated from the sale of oil, natural gas, and natural gas liquids within the...

Peer comparison

Standard metric for all E&P companies; directly comparable across the industry.

Metric ID: ovv_segment_us_revenues

Historical Data

3 years
 FY'21FY'22FY'23
Value$6.51B$9.56B$8.32B
YoY Change+46.9%-13.0%
Range$6.51B$9.56B
CAGR+13.1%
Avg YoY Growth+17.0%
Median YoY Growth+17.0%

Frequently Asked Questions

What is Ovintiv's us — revenue?
Ovintiv (OVV) reported us — revenue of $2.08B in Q4 2023.
How has Ovintiv's us — revenue changed year-over-year?
Ovintiv's us — revenue decreased by 13.0% year-over-year, from $2.39B to $2.08B.
What is the long-term trend for Ovintiv's us — revenue?
Over 2 years (2021 to 2023), Ovintiv's us — revenue has grown at a 13.1% compound annual growth rate (CAGR), from $6.51B to $8.32B.
What does us — revenue mean?
Total sales generated from oil and gas production in the US segment.