Business Segments · Operating Income

Usa Operations — Operating Income

Ovintiv Usa Operations — Operating Income decreased by 293.3% to -$603.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 205.2%, from $573.00M to -$603.00M. Over 4 years (FY 2021 to FY 2025), Usa Operations — Operating Income shows relatively stable performance with a -1.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2026May 11, 2026
Rolls up toOperating Income

How to read this metric

An increase indicates improved operational efficiency or higher realized commodity prices, while a decrease suggests rising costs or lower production volumes.

Detailed definition

This metric represents the profit or loss generated by the USA operations segment after deducting operating expenses fro...

Peer comparison

Commonly reported as Segment Operating Income by E&P peers; comparable to EBIT for the specific geographic segment.

Metric ID: ovv_segment_usa_operations_operating_income_loss

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$435.00M$495.00M$482.00M$761.00M$902.00M$750.00M$473.00M$497.00M$462.00M$717.00M$637.00M$545.00M$522.00M$501.00M$506.00M$573.00M$399.00M$398.00M$312.00M-$603.00M
QoQ Change+13.8%-2.6%+57.9%+18.5%-16.9%-36.9%+5.1%-7.0%+55.2%-11.2%-14.4%-4.2%-4.0%+1.0%+13.2%-30.4%-0.3%-21.6%-293.3%
YoY Change+107.4%+51.5%-1.9%-34.7%-48.8%-4.4%+34.7%+9.7%+13.0%-30.1%-20.6%+5.1%-23.6%-20.6%-38.3%-205.2%
Range-$603.00M$902.00M
CAGR+7.1%
Avg YoY Growth-12.9%
Median YoY Growth-12.5%
Current Streak4 quarters decline

Frequently Asked Questions

What is Ovintiv's usa operations — operating income?
Ovintiv (OVV) reported usa operations — operating income of -$603.00M in Q1 2026.
How has Ovintiv's usa operations — operating income changed year-over-year?
Ovintiv's usa operations — operating income decreased by 205.2% year-over-year, from $573.00M to -$603.00M.
What is the long-term trend for Ovintiv's usa operations — operating income?
Over 4 years (2021 to 2025), Ovintiv's usa operations — operating income has grown at a -1.5% compound annual growth rate (CAGR), from $1.79B to $1.68B.
What does usa operations — operating income mean?
The operating profit or loss generated specifically by the company's USA business segment.