What is Ovintiv's us — costs incurred development costs?

Ovintiv (OVV) reported us — costs incurred development costs of $388.25M in Q4 2025.

How has Ovintiv's us — costs incurred development costs changed year-over-year?

Ovintiv's us — costs incurred development costs decreased by 19.3% year-over-year, from $481.25M to $388.25M.

What is the long-term trend for Ovintiv's us — costs incurred development costs?

Over 4 years (2021 to 2025), Ovintiv's us — costs incurred development costs has grown at a 7.8% compound annual growth rate (CAGR), from $1.15B to $1.55B.

What does us — costs incurred development costs mean?

Capital spent on drilling and building infrastructure to produce oil and gas from known reserves.

Discontinued — last reported Q4 '25

Geographic · Costs Incurred Development Costs

US — Costs Incurred Development Costs

Ovintiv US — Costs Incurred Development Costs remained flat by 0.0% to $388.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 19.3%, from $481.25M to $388.25M. Over 4 years (FY 2021 to FY 2025), US — Costs Incurred Development Costs shows an upward trend with a 7.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryEfficiency

SignalHigher is better

VolatilityStable

First reportedQ1 2017

Last reportedQ4 2025Feb 23, 2026

Rolls up toCosts Incurred Development Costs

How to read this metric

Consistent or increasing development costs signal a commitment to maintaining or growing production volumes from existing assets.

Detailed definition

Represents the capital expenditures required to bring proved reserves into production, including drilling, completion, a...

Peer comparison

Standardized as 'Development Costs' across the E&P sector.

Metric ID: ovv_segment_us_costs_incurred_development_costs

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$1.15B	$1.53B	$2.22B	$1.93B	$1.55B
YoY Change	—	+33.3%	+45.4%	-13.4%	-19.3%

Range$1.15B – $2.22B

CAGR+7.8%

Avg YoY Growth+11.5%

Median YoY Growth+9.9%

Current Streak2 years decline

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Frequently Asked Questions

What is Ovintiv's us — costs incurred development costs?: Ovintiv (OVV) reported us — costs incurred development costs of $388.25M in Q4 2025.
How has Ovintiv's us — costs incurred development costs changed year-over-year?: Ovintiv's us — costs incurred development costs decreased by 19.3% year-over-year, from $481.25M to $388.25M.
What is the long-term trend for Ovintiv's us — costs incurred development costs?: Over 4 years (2021 to 2025), Ovintiv's us — costs incurred development costs has grown at a 7.8% compound annual growth rate (CAGR), from $1.15B to $1.55B.
What does us — costs incurred development costs mean?: Capital spent on drilling and building infrastructure to produce oil and gas from known reserves.