What does canadian operations — sublease rental revenues mean?

This represents income derived from leasing out unused property, equipment, or facilities that the company originally leased from third parties. It is a non-core revenue stream that offsets overhead costs associated with idle assets. Monitoring this helps identify secondary income sources within the segment's operational footprint.

Ovintiv OVV Canadian Operations — Sublease Rental Revenues

Other segment segments

Usa Operations

$0—

Similar metrics at other companies

ENSGRental revenue — Sublease income

$1.14M+2.5%

CCBLease and sublease income — Revenue not from contract with customer

$45K-11.8%

CNVSSublease Income

$0-100%

CHE

CHESublease Income

$31K-13.9%

BURLSublease Income — Revenue

$2.02M-10.8%

EQPTEquipment rental revenue — Sublease income

$351M+43.3%

Other financials

Income statement

See full

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

See full

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 ovv:SubleaseRentalRevenues.

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 — sublease rental revenues?: Ovintiv (OVV) reported canadian operations — sublease rental revenues of $0 in Q1 2026.
What does canadian operations — sublease rental revenues mean?: This represents income derived from leasing out unused property, equipment, or facilities that the company originally leased from third parties. It is a non-core revenue stream that offsets overhead costs associated with idle assets. Monitoring this helps identify secondary income sources within the segment's operational footprint.