Business Segments · Gain Loss From Price Risk Management Activity

Canadian Operations — Gain Loss From Price Risk Management Activity

Ovintiv Canadian Operations — Gain Loss From Price Risk Management Activity decreased by 45.8% to $13.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 56.7%, from $30.00M to $13.00M. Over 3 years (FY 2021 to FY 2025), Canadian Operations — Gain Loss From Price Risk Management Activity shows an upward trend with a -34.7% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2026May 11, 2026

How to read this metric

A gain indicates successful hedging or favorable market movements, while a loss suggests the hedge position underperformed relative to spot prices.

Detailed definition

This reflects the net financial impact of derivative instruments and hedging contracts used to manage exposure to commod...

Peer comparison

Commonly reported as 'Gain/Loss on Derivatives' or 'Hedging Gains/Losses' by peers.

Metric ID: ovv_segment_canadian_operations_gain_loss_from_price_risk_management_activity

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$35.00M-$107.00M-$249.00M-$227.00M-$425.00M-$497.00M-$336.00M-$78.00M$0.00$13.00M$22.00M$38.00M$53.00M$39.00M$30.00M$24.00M$37.00M$24.00M$13.00M
QoQ Change-205.7%-132.7%+8.8%-87.2%-16.9%+32.4%+76.8%+100.0%+69.2%+72.7%+39.5%-26.4%-23.1%-20.0%+54.2%-35.1%-45.8%
YoY Change<-999%-364.5%-34.9%+65.6%+100.0%+102.6%+128.2%+307.7%+36.4%-36.8%-30.2%-38.5%-56.7%
Range-$497.00M$53.00M
CAGR-19.8%
Avg YoY Growth-72.0%
Median YoY Growth-30.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Ovintiv's canadian operations — gain loss from price risk management activity?
Ovintiv (OVV) reported canadian operations — gain loss from price risk management activity of $13.00M in Q1 2026.
How has Ovintiv's canadian operations — gain loss from price risk management activity changed year-over-year?
Ovintiv's canadian operations — gain loss from price risk management activity decreased by 56.7% year-over-year, from $30.00M to $13.00M.
What is the long-term trend for Ovintiv's canadian operations — gain loss from price risk management activity?
Over 3 years (2021 to 2025), Ovintiv's canadian operations — gain loss from price risk management activity has grown at a -34.7% compound annual growth rate (CAGR), from -$413.00M to $115.00M.
What does canadian operations — gain loss from price risk management activity mean?
The net profit or loss from financial hedges used to protect against oil and gas price changes.