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Ovintiv OVV Usa Operations — Purchased Product Costs

Other segment segments

Canadian Operations
$36M+50.0%

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$48.48B+11.7%
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$393M+2.9%
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CVXOil And Gas Purchased — Cost of Product and Service Sold
$1.83B+11.8%
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MPLXNatural Gas & NGL Services — Purchased product costs
$498M+8.5%
Murphy Oil logo
MURU.S. — Selling and general expenses
$3.43M
DWS
DWSNUnited States Operations — Cost of Goods Sold
$17.89M+245%

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$15.75B+48.2%
Enterprise value$23.54B+36.8%
P/E20.4×+4.2×
P/S1.7×+0.6×

Profitability

See full
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 ovv:PurchasedProductCosts.

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 — purchased product costs?
Ovintiv (OVV) reported usa operations — purchased product costs of $267M in Q1 2026.
How has Ovintiv's usa operations — purchased product costs changed year-over-year?
Ovintiv's usa operations — purchased product costs decreased by 27.4% year-over-year, from $368M to $267M.
What does usa operations — purchased product costs mean?
The cost of purchasing oil, natural gas, or NGLs from third parties to fulfill sales contracts or optimize midstream infrastructure utilization. This is distinct from the cost of producing the company's own reserves.