Business Segments · Purchased Product Costs
Canadian Operations — Purchased Product Costs
Ovintiv Canadian Operations — Purchased Product Costs increased by 113.9% to $77.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 126.5%, from $34.00M to $77.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026May 11, 2026
Rolls up toPurchased Product Costs
How to read this metric
Lower costs relative to resale revenue indicate higher margins on third-party product optimization.
Detailed definition
This represents the cost of purchasing oil, natural gas, or NGLs from third parties to fulfill sales contracts or optimi...
Peer comparison
Often reported as 'Purchased Product Costs' or 'Cost of Goods Sold' for marketing segments.
Metric ID:
ovv_segment_canadian_operations_purchased_product_costsHistorical 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $410.00M | $0.00 | $0.00 | $0.00 | $228.00M | $41.00M | $21.00M | $14.00M | $24.00M | $34.00M | $45.00M | $22.00M | $36.00M | $77.00M |
| QoQ Change | — | — | — | — | — | — | — | -100.0% | — | — | — | -82.0% | -48.8% | -33.3% | +71.4% | +41.7% | +32.4% | -51.1% | +63.6% | +113.9% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | -44.4% | — | — | — | -89.5% | -17.1% | +114.3% | +57.1% | +50.0% | +126.5% |
Range$0.00 – $410.00M
Avg YoY Growth+28.1%
Median YoY Growth+50.0%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Ovintiv's canadian operations — purchased product costs?
- Ovintiv (OVV) reported canadian operations — purchased product costs of $77.00M in Q1 2026.
- How has Ovintiv's canadian operations — purchased product costs changed year-over-year?
- Ovintiv's canadian operations — purchased product costs increased by 126.5% year-over-year, from $34.00M to $77.00M.
- What does canadian operations — purchased product costs mean?
- The cost of buying oil or gas from others to resell or fulfill contracts.