Property, plant and equipment at cost
Ovintiv Property, plant and equipment at cost increased by 4.8% to $74.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from $68.83B to $74.86B. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment at cost shows an upward trend with a 4.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.
Detailed definition
This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...
Peer comparison
Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.
non_current_assets_property_plant_and_equipment_grossHistorical Data
| 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 | $57.89B | $57.80B | $58.32B | $59.04B | $59.04B | $58.23B | $59.11B | $59.93B | $64.99B | $65.45B | $66.48B | $66.83B | $67.29B | $68.08B | $67.64B | $68.83B | $70.38B | $70.45B | $71.43B | $74.86B |
| QoQ Change | — | -0.2% | +0.9% | +1.2% | -0.0% | -1.4% | +1.5% | +1.4% | +8.5% | +0.7% | +1.6% | +0.5% | +0.7% | +1.2% | -0.6% | +1.8% | +2.2% | +0.1% | +1.4% | +4.8% |
| YoY Change | — | — | — | — | +2.0% | +0.8% | +1.3% | +1.5% | +10.1% | +12.4% | +12.5% | +11.5% | +3.5% | +4.0% | +1.7% | +3.0% | +4.6% | +3.5% | +5.6% | +8.7% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Usa Operations | $49.56B | $50.07B | $50.53B | $51.04B | $49.59B | $49.94B | $50.34B | $50.91B |
| Canadian Operations | $16.43B | $16.38B | $16.70B | $15.80B | $18.43B | $19.59B | $19.29B | $19.69B |
| Market Optimization | $7.00M | $7.00M | $7.00M | — | — | — | — | — |
| Total | $66.83B | $67.29B | $68.08B | $67.64B | $68.83B | $70.38B | $70.45B | $71.43B |
Market Optimization was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Property, plant and equipment at cost at Other Companies
Frequently Asked Questions
- What is Ovintiv's property, plant and equipment at cost?
- Ovintiv (OVV) reported property, plant and equipment at cost of $74.86B in Q1 2026.
- How has Ovintiv's property, plant and equipment at cost changed year-over-year?
- Ovintiv's property, plant and equipment at cost increased by 8.7% year-over-year, from $68.83B to $74.86B.
- What is the long-term trend for Ovintiv's property, plant and equipment at cost?
- Over 5 years (2020 to 2025), Ovintiv's property, plant and equipment at cost has grown at a 4.3% compound annual growth rate (CAGR), from $57.76B to $71.43B.
- What does property, plant and equipment at cost mean?
- The total original cost of all physical assets owned by the company before subtracting depreciation.