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Ovintiv OVV Canadian Operations — D&A

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Other financials

Income statement

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Revenue$2.5B+6.5%
Operating income-$754.0M-747%
Net income-$630.0M-296%
EPS (diluted)-$2.35-285%

Balance sheet

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Cash & equivalents$26.0M+225%
Total debt$7.8B+15.6%
Total equity$11.6B+14.7%
Total assets$22.3B+13.7%

Cash flow

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Operating cash flow$1.1B+21.0%
CapEx$605.0M-1.9%
Free cash flow$451.0M+76.2%

Valuation

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Market cap$15.75B+48.2%
Enterprise value$23.54B+36.8%
P/E20.4×+4.2×
P/S1.7×+0.6×

Profitability

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Operating margin5.1%-5.7pp
Net margin8.5%+1.0pp
FCF margin18.8%+1.3pp

Returns & leverage

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Return on equity7.1%+0.4pp
Debt / equity0.7×0.0×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Ovintiv in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Ovintiv’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ovintiv's canadian operations — D&A?
Ovintiv (OVV) reported canadian operations — D&A of $220M in Q1 2026.
How has Ovintiv's canadian operations — D&A changed year-over-year?
Ovintiv's canadian operations — D&A increased by 33.3% year-over-year, from $165M to $220M.
What is the long-term trend for Ovintiv's canadian operations — D&A?
Over 4 years (2021 to 2025), Ovintiv's canadian operations — D&A has grown at a 19.8% compound annual growth rate (CAGR), from $332M to $683M.
What does canadian operations — D&A mean?
This is the non-cash expense that allocates the cost of tangible and intangible assets over their useful lives, specifically reflecting the depletion of oil and gas reserves. It is a significant non-cash charge that impacts the segment's reported profitability. Investors use this to understand the capital intensity of the segment's production.