Business Segments · PP&E (Net)
Usa Operations — PP&E (Net)
Ovintiv Usa Operations — PP&E (Net) decreased by 8.8% to $10.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.5%, from $11.45B to $10.59B. Over 4 years (FY 2021 to FY 2025), Usa Operations — PP&E (Net) shows an upward trend with a 10.6% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026May 11, 2026
Rolls up toPP&E (Net)
How to read this metric
An increase suggests ongoing investment in new assets, while a decrease may indicate high depletion rates or asset divestitures.
Detailed definition
This represents the book value of the USA segment's tangible assets, such as oil wells, drilling equipment, and infrastr...
Peer comparison
Standard Net PP&E metric used across capital-intensive industries to measure asset base size.
Metric ID:
ovv_segment_usa_operations_property_plant_and_equipment_netHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.41B | $7.48B | $7.62B | $7.81B | $8.02B | $7.92B | $8.26B | $8.62B | $12.84B | $13.10B | $13.13B | $13.27B | $13.29B | $13.23B | $13.26B | $11.45B | $11.42B | $11.46B | $11.61B | $10.59B |
| QoQ Change | — | +1.0% | +1.9% | +2.5% | +2.6% | -1.3% | +4.3% | +4.4% | +49.0% | +2.0% | +0.2% | +1.1% | +0.1% | -0.4% | +0.2% | -13.7% | -0.2% | +0.4% | +1.3% | -8.8% |
| YoY Change | — | — | — | — | +8.2% | +5.8% | +8.3% | +10.3% | +60.2% | +65.5% | +59.0% | +54.0% | +3.5% | +1.0% | +1.0% | -13.8% | -14.0% | -13.4% | -12.4% | -7.5% |
Range$7.41B – $13.29B
CAGR+7.8%
Avg YoY Growth+13.5%
Median YoY Growth+4.6%
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Frequently Asked Questions
- What is Ovintiv's usa operations — pp&e (net)?
- Ovintiv (OVV) reported usa operations — pp&e (net) of $10.59B in Q1 2026.
- How has Ovintiv's usa operations — pp&e (net) changed year-over-year?
- Ovintiv's usa operations — pp&e (net) decreased by 7.5% year-over-year, from $11.45B to $10.59B.
- What is the long-term trend for Ovintiv's usa operations — pp&e (net)?
- Over 4 years (2021 to 2025), Ovintiv's usa operations — pp&e (net) has grown at a 10.6% compound annual growth rate (CAGR), from $30.67B to $45.94B.
- What does usa operations — pp&e (net) mean?
- The current net book value of the USA segment's physical assets after accounting for wear and tear.