Discontinued — last reported Q3 '24
Business Segments · Total Assets
Market Optimization — Total Assets
Ovintiv Market Optimization — Total Assets decreased by 1.5% to $197.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 38.4%, from $320.00M to $197.00M. Over 2 years (FY 2021 to FY 2023), Market Optimization — Total Assets shows relatively stable performance with a 0.2% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2024Nov 7, 2024
Rolls up toTotal Assets
How to read this metric
Growth in assets generally signals expansion, while a decline may indicate asset rationalization or reduced operational scale.
Detailed definition
The total value of all resources controlled by the Market Optimization segment, including current assets like inventory...
Peer comparison
Standard financial reporting metric; peers vary widely based on whether they own or lease their midstream and marketing infrastructure.
Metric ID:
ovv_segment_market_optimization_assetsHistorical Data
14 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $336.00M | $293.00M | $300.00M | $425.00M | $468.00M | $397.00M | $446.00M | $312.00M | $292.00M | $320.00M | $232.00M | $166.00M | $200.00M | $197.00M |
| QoQ Change | — | -12.8% | +2.4% | +41.7% | +10.1% | -15.2% | +12.3% | -30.0% | -6.4% | +9.6% | -27.5% | -28.4% | +20.5% | -1.5% |
| YoY Change | — | — | — | — | +39.3% | +35.5% | +48.7% | -26.6% | -37.6% | -19.4% | -48.0% | -46.8% | -31.5% | -38.4% |
Range$166.00M – $468.00M
CAGR-15.1%
Avg YoY Growth-12.5%
Median YoY Growth-29.0%
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Frequently Asked Questions
- What is Ovintiv's market optimization — total assets?
- Ovintiv (OVV) reported market optimization — total assets of $197.00M in Q3 2024.
- How has Ovintiv's market optimization — total assets changed year-over-year?
- Ovintiv's market optimization — total assets decreased by 38.4% year-over-year, from $320.00M to $197.00M.
- What is the long-term trend for Ovintiv's market optimization — total assets?
- Over 2 years (2021 to 2023), Ovintiv's market optimization — total assets has grown at a 0.2% compound annual growth rate (CAGR), from $1.15B to $1.16B.
- What does market optimization — total assets mean?
- The total value of all resources held by the Market Optimization segment.