Skip to content

Ovintiv OVV Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Canadian Operations Excluding Intercompany Segment Transactions$2.78B+47.7%$1.88B-24.3%$2.49B-36.6%$3.92B+53.5%
Canadian Operations$2.89B+42.3%$2.03B-16.8%$2.45B-29.9%$3.49B+37.2%
Market Optimization Excluding Intercompany Segment Transactions$1.45B-8.8%$1.59B-44.4%$2.85B-30.2%$4.08B+35.1%
Usa Operations Excluding Intercompany Segment Transactions$5.88B-16.7%$7.06B-13.6%$8.18B-21.0%$10.35B+111%
Usa Operations$5.94B-17.3%$7.18B-12.3%$8.19B-11.2%$9.22B+88.9%
Sublease Rental Revenues by Business
Canadian Operations$0$0$0$0
Usa Operations$0$0$0$0
Operating Income by Business
Usa Operations$1.68B-18.9%$2.07B-10.3%$2.31B-19.9%$2.89B+61.3%
Total Assets by Business
Canadian Operations$16.18B+80.4%$8.97B+2.2%$8.78B+7.2%$8.18B+4.5%
Usa Operations$57.17B-11.3%$64.45B+8.6%$59.34B+35.5%$43.78B+5.7%
Property Plant And Equipment Gross by Business
Canadian Operations$77.01B+17.9%$65.3B+0.2%$65.16B+1.5%$64.19B-2.3%
Usa Operations$200.78B-0.2%$201.2B+6.9%$188.29B+12.2%$167.8B+2.9%
Operating Expenses by Business
Canadian Operations$3.14B+52.5%$2.06B+20.2%$1.71B-5.7%$1.82B+30.3%
Usa Operations$4.25B-16.7%$5.11B-13.1%$5.87B-7.3%$6.34B+200%
Taxes Excluding Income And Excise Taxes by Business
Canadian Operations$21M+50.0%$14M-6.7%$15M+7.1%$14M-6.7%
Usa Operations$265M-16.9%$319M-2.4%$327M-18.5%$401M+44.2%
PP&E (Net) by Business
Canadian Operations$10.6B+103%$5.22B+5.2%$4.96B+23.8%$4.01B+1.4%
Usa Operations$45.94B-13.4%$53.05B+11.2%$47.69B+49.0%$32B+4.3%
Purchased Product Costs by Business
Canadian Operations$137M+37.0%$100M-56.1%$228M-44.4%$410M
Usa Operations$1.31B-9.4%$1.45B-44.1%$2.59B-29.0%$3.65B
Segment Expenditure Addition To Long Lived Assets by Business
Canadian Operations$437M+2.1%$428M-22.0%$549M+64.4%$334M
Usa Operations$1.54B-17.7%$1.87B-14.7%$2.19B+46.6%$1.49B
D&A by Business
Canadian Operations$683M+130%$297M+3.8%$286M+21.7%$235M-29.2%
Usa Operations$1.48B-25.2%$1.97B+29.8%$1.52B+76.4%$861M+2.9%
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment by Business
Canadian Operations$66.4B+10.5%$60.08B-0.2%$60.2B0.0%$60.19B-2.5%
Usa Operations$154.84B+4.5%$148.15B+5.4%$140.6B+3.5%$135.8B+2.5%
Acquisitions by Business
Canadian Operations$2.28B+45,440%$5M-16.7%$6M-33.3%$9M
Usa Operations$260M+30.0%$200M-26.2%$271M-2.2%$277M+2,418%
Goodwill by Business
Canadian Operations$2.52B-1.0%$2.54B-2.8%$2.61B-1.8%$2.66B-4.1%
Usa Operations$7.75B0.0%$7.75B0.0%$7.75B0.0%$7.75B0.0%
Gain Loss From Price Risk Management Activity by Business
Canadian Operations$115M-24.3%$152M-$1.49B-260%
Usa Operations$51M-57.1%$119M+1,090%$10M+101%-$1.12B-14.4%
Transportation And Processing Costs by Business
Canadian Operations$1.27B+17.8%$1.08B-0.4%$1.08B+6.1%$1.02B+9.0%
Usa Operations$453M-19.1%$560M-18.0%$683M-10.7%$765M+50.9%
Direct Operating Costs by Business
Canadian Operations$161M+33.1%$121M+18.6%$102M-25.5%$137M+23.4%
Usa Operations$701M-13.5%$810M+7.0%$757M+13.8%$665M+35.7%
Results Of Operations Impairment Of Oil And Gas Properties by Business
Usa Operations$49M$0$0$0
Asset Impairment Charges by Business
Canadian Operations$871M+93.6%$450M$0$0
Usa Operations$49M$0$0$0
Revenue by Product
Natural Gas Liquids Reserves$2.12B+22.1%$1.73B+1.4%$1.71B-29.2%$2.41B+16.6%
Natural Gas Reserves$1.61B+51.7%$1.06B-35.8%$1.65B-48.9%$3.23B+17.5%
Oil One$3.42B-24.9%$4.56B
Current Income Tax Expense Benefit by Geography
US-$6M$12M+20.0%$10M

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

How does Ovintiv break its business down?
Ovintiv (OVV) reports revenue by business across 5 parts — Canadian Operations Excluding Intercompany Segment Transactions, Canadian Operations, Market Optimization Excluding Intercompany Segment Transactions, Usa Operations Excluding Intercompany Segment Transactions and Usa Operations. Each is extracted from the segment footnotes and tracked over time.
Where does Ovintiv's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Ovintiv's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.