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Ovintiv OVV Other Countries — Capitalized Costs Mineral Interests In Unproved Properties

Discontinued — last reported Q4 '21

Similar metrics at other companies

APA Corporation logo
APAOther International — Unproved
$0
EOG Resources logo
EOGOther International — Payments To Acquire Oil And Gas Property And Equipment Excluding Dry Hole Costs
$49M
Devon Energy logo
DVNCosts Incurred Acquisition Of Unproved Oil And Gas Properties
$56M-88.5%
APA Corporation logo
APAOther International — Exploration
$7.75M-49.2%
Devon Energy logo
DVNCosts Incurred Exploration Costs
$145.25M-15.8%
APA Corporation logo
APAOther International — Proved
$0

Other financials

Income statement

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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$14.73B+51.0%
Enterprise value$22.51B+37.5%
P/E19.1×+4.9×
P/S1.6×+0.6×

Profitability

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Operating margin5.1%-5.7pp
Net margin8.5%+1.0pp
FCF margin18.8%+1.3pp

Returns & leverage

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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 us-gaap:CapitalizedCostsMineralInterestsInUnprovedProperties.

The official record: Ovintiv’s 10-K, filed February 25, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ovintiv's other countries — capitalized costs mineral interests in unproved properties?
Ovintiv (OVV) reported other countries — capitalized costs mineral interests in unproved properties of $0 in Q4 2021.
What does other countries — capitalized costs mineral interests in unproved properties mean?
The total investment cost for international oil and gas properties that are still in the exploration or evaluation phase.
How do you interpret other countries — capitalized costs mineral interests in unproved properties?
Higher values indicate an aggressive exploration strategy, while lower values may suggest a focus on harvesting existing reserves.
How does other countries — capitalized costs mineral interests in unproved properties compare across companies?
Standard metric for E&P companies under oil and gas producing activities disclosure.