Business Segments · PP&E (Net)
Canadian Operations — PP&E (Net)
Ovintiv Canadian Operations — PP&E (Net) increased by 107.5% to $5.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 94.0%, from $2.70B to $5.23B. Over 4 years (FY 2021 to FY 2025), Canadian Operations — PP&E (Net) shows an upward trend with a 28.0% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026May 11, 2026
Rolls up toPP&E (Net)
How to read this metric
A declining trend may indicate high depreciation rates or asset impairments, while an increasing trend suggests ongoing capital investment.
Detailed definition
This metric reflects the book value of the Canadian segment's physical assets, such as oil and gas properties and equipm...
Peer comparison
Standard balance sheet metric for E&P companies; comparable to Net PP&E in segment reporting.
Metric ID:
ovv_segment_canadian_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 | $927.00M | $920.00M | $951.00M | $986.00M | $1.00B | $975.00M | $1.04B | $1.13B | $1.22B | $1.26B | $1.36B | $1.39B | $1.42B | $1.45B | $970.00M | $2.70B | $2.83B | $2.55B | $2.52B | $5.23B |
| QoQ Change | — | -0.8% | +3.4% | +3.7% | +1.5% | -2.6% | +7.1% | +8.3% | +7.6% | +3.2% | +8.0% | +2.3% | +2.0% | +2.1% | -32.9% | +178.0% | +5.1% | -10.1% | -1.1% | +107.5% |
| YoY Change | — | — | — | — | +8.0% | +6.0% | +9.8% | +14.7% | +21.6% | +28.8% | +30.0% | +22.7% | +16.4% | +15.1% | -28.5% | +94.3% | +100.1% | +76.3% | +160.0% | +94.0% |
Range$920.00M – $5.23B
CAGR+44.0%
Avg YoY Growth+41.8%
Median YoY Growth+22.2%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Ovintiv's canadian operations — pp&e (net)?
- Ovintiv (OVV) reported canadian operations — pp&e (net) of $5.23B in Q1 2026.
- How has Ovintiv's canadian operations — pp&e (net) changed year-over-year?
- Ovintiv's canadian operations — pp&e (net) increased by 94.0% year-over-year, from $2.70B to $5.23B.
- What is the long-term trend for Ovintiv's canadian operations — pp&e (net)?
- Over 4 years (2021 to 2025), Ovintiv's canadian operations — pp&e (net) has grown at a 28.0% compound annual growth rate (CAGR), from $3.95B to $10.60B.
- What does canadian operations — pp&e (net) mean?
- The current net book value of the Canadian segment's physical infrastructure and equipment.