What is Ovintiv's PP&E (net)?

Ovintiv (OVV) reported PP&E (net) of $15.93B in Q1 2026.

How has Ovintiv's PP&E (net) changed year-over-year?

Ovintiv's PP&E (net) increased by 11.6% year-over-year, from $14.27B to $15.93B.

What is the long-term trend for Ovintiv's PP&E (net)?

Over 5 years (2020 to 2025), Ovintiv's PP&E (net) has grown at a 8.6% compound annual growth rate (CAGR), from $9.45B to $14.24B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Ovintiv OVV PP&E (Net)

PP&E (Net) at other companies

Cabot CorporationCBT

$1.75B+9.2%

Travel + LeisureTNL

$523M-10.9%

HES

Hess MidstreamHESM

$3.32B-0.1%

DBV TechnologiesDBVT

$9.7M-12.3%

Legacy ReservesLGCY

$3.1M+57.3%

Richmond Mutual Bancorporation, Inc.RMBI

$13.5M+5.6%

Segments

By segment

See full

Usa Operations$11.61B-12.4%

Canadian Operations$2.52B+160%

Other financials

Income statement

See full

Revenue$2.5B+6.5%

Operating income-$754.0M-747%

Net income-$630.0M-296%

EPS (diluted)-$2.35-285%

Balance sheet

See full

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

See full

Operating cash flow$1.1B+21.0%

CapEx$605.0M-1.9%

Free cash flow$451.0M+76.2%

Valuation

See full

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

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Ovintiv (OVV) reported PP&E (net) of $15.93B in Q1 2026.
How has Ovintiv's PP&E (net) changed year-over-year?: Ovintiv's PP&E (net) increased by 11.6% year-over-year, from $14.27B to $15.93B.
What is the long-term trend for Ovintiv's PP&E (net)?: Over 5 years (2020 to 2025), Ovintiv's PP&E (net) has grown at a 8.6% compound annual growth rate (CAGR), from $9.45B to $14.24B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.