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Ovintiv OVV Usa Operations — Operating Income

Other segment segments

Canadian Operations
-$35M-158%

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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$15.82B+50.4%
Enterprise value$23.61B+38.1%
P/E20.5×+4.5×
P/S1.8×+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:OperatingIncomeLoss.

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 usa operations — operating income?
Ovintiv (OVV) reported usa operations — operating income of -$603M in Q1 2026.
How has Ovintiv's usa operations — operating income changed year-over-year?
Ovintiv's usa operations — operating income decreased by 205.2% year-over-year, from $573M to -$603M.
What is the long-term trend for Ovintiv's usa operations — operating income?
Over 4 years (2021 to 2025), Ovintiv's usa operations — operating income has grown at a -1.5% compound annual growth rate (CAGR), from $1.79B to $1.68B.
What does usa operations — operating income mean?
This metric represents the profit or loss generated by the USA operations segment after deducting operating expenses from total revenues. It reflects the core operational efficiency and profitability of the company's domestic oil and gas exploration and production activities.