Discontinued — last reported Q3 '24
Market Optimization — Property Plant And Equipment Gross
Ovintiv Market Optimization — Property Plant And Equipment Gross remained flat by 0.0% to $7.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $7.00M to $7.00M. Over 2 years (FY 2021 to FY 2023), Market Optimization — Property Plant And Equipment Gross shows relatively stable performance with a 0.0% CAGR.
Analysis
How to read this metric
An increasing trend indicates ongoing capital investment in infrastructure, while a flat trend suggests limited new capital deployment.
Detailed definition
The total historical cost of all physical assets acquired for the Market Optimization segment before accounting for depr...
Peer comparison
Standard metric for capital-intensive industries; peers report this to show the scale of their physical footprint.
ovv_segment_market_optimization_property_plant_and_equipment_grossHistorical Data
| 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 | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
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Frequently Asked Questions
- What is Ovintiv's market optimization — property plant and equipment gross?
- Ovintiv (OVV) reported market optimization — property plant and equipment gross of $7.00M in Q3 2024.
- How has Ovintiv's market optimization — property plant and equipment gross changed year-over-year?
- Ovintiv's market optimization — property plant and equipment gross decreased by 0.0% year-over-year, from $7.00M to $7.00M.
- What is the long-term trend for Ovintiv's market optimization — property plant and equipment gross?
- Over 2 years (2021 to 2023), Ovintiv's market optimization — property plant and equipment gross has grown at a 0.0% compound annual growth rate (CAGR), from $28.00M to $28.00M.
- What does market optimization — property plant and equipment gross mean?
- The total original cost of all physical assets owned by the Market Optimization segment.