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Non-Current Assets

Derivative Assets, Non-Current

Ovintiv Derivative Assets, Non-Current increased by 4400.0% to $180M in Q1 2026 compared to the prior quarter. Over 5 years (FY 2020 to FY 2025), Derivative Assets, Non-Current shows relatively stable performance with a 0.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026May 11, 2026

How to read this metric

An increase suggests the company has successfully locked in favorable pricing for production occurring well into the future.

Detailed definition

This represents the fair value of derivative financial instruments that are expected to be settled beyond one year. Thes...

Peer comparison

Reflects the maturity and duration of the company's hedging program relative to industry peers.

Metric ID: derivative_assets_noncurrent

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q2 '25Q3 '25Q4 '25Q1 '26
Value$0$0$0$3M$4M$43M$34M$3M$21M$14M$4M$0$10M$6M$0$2M$2M$4M$180M
QoQ Change+33.3%+975.0%-20.9%-91.2%+600.0%-33.3%-71.4%-100.0%-40.0%-100.0%+0.0%+100.0%>999%
YoY Change+0.0%+425.0%-67.4%-88.2%-100.0%-52.4%-57.1%-100.0%-80.0%-66.7%
Range$0$180M
Avg YoY Growth-18.7%
Median YoY Growth-67.1%
Current Streak3 quarters growth

Frequently Asked Questions

What is Ovintiv's derivative assets, non-current?
Ovintiv (OVV) reported derivative assets, non-current of $180M in Q1 2026.
What is the long-term trend for Ovintiv's derivative assets, non-current?
Over 5 years (2020 to 2025), Ovintiv's derivative assets, non-current has grown at a 0.0% compound annual growth rate (CAGR), from $4M to $4M.
What does derivative assets, non-current mean?
The value of long-term hedging contracts that are currently in a gain position.