Discontinued — last reported Q4 '23
Business Segments · CapEx
Usa Operations — CapEx
Ovintiv Usa Operations — CapEx decreased by 24.5% to $525.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 78.0%, from $295.00M to $525.00M. Over 2 years (FY 2021 to FY 2023), Usa Operations — CapEx shows an upward trend with a 39.5% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2023Feb 27, 2024
How to read this metric
An increase signals aggressive capital investment and growth strategy, while a decrease may signal capital discipline or a shift toward harvesting existing assets.
Detailed definition
This metric measures the total cash outflows dedicated to capital expenditures for property, plant, and equipment within...
Peer comparison
Standardized as 'Capital Expenditures' or 'Additions to Property, Plant, and Equipment' across the energy sector.
Metric ID:
ovv_segment_usa_operations_payments_to_acquire_property_plant_and_equipmentHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $279.00M | $265.00M | $320.00M | $372.00M | $410.00M | $416.00M | $295.00M | $467.00M | $502.00M | $695.00M | $525.00M |
| QoQ Change | — | -5.0% | +20.8% | +16.3% | +10.2% | +1.5% | -29.1% | +58.3% | +7.5% | +38.4% | -24.5% |
| YoY Change | — | — | — | — | +47.0% | +57.0% | -7.8% | +25.5% | +22.4% | +67.1% | +78.0% |
Range$265.00M – $695.00M
CAGR+28.8%
Avg YoY Growth+41.3%
Median YoY Growth+47.0%
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Frequently Asked Questions
- What is Ovintiv's usa operations — capex?
- Ovintiv (OVV) reported usa operations — capex of $525.00M in Q4 2023.
- How has Ovintiv's usa operations — capex changed year-over-year?
- Ovintiv's usa operations — capex increased by 78.0% year-over-year, from $295.00M to $525.00M.
- What is the long-term trend for Ovintiv's usa operations — capex?
- Over 2 years (2021 to 2023), Ovintiv's usa operations — capex has grown at a 39.5% compound annual growth rate (CAGR), from $1.13B to $2.19B.
- What does usa operations — capex mean?
- The total cash spent on acquiring or developing physical assets and infrastructure for the USA business segment.