Ovintiv Inc. (OVV) Financial Statements (2026 and earlier)

Company Profile

Business Address SUITE 1700
DENVER, CO
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments280423519510
Cash and cash equivalent35423519510
Short-term investments 245     
Receivables1,0671,1261,3501,5331,3011,143
Prepaid expense 565655382823
Derivative instruments and hedges, assets8610821453137
Other current assets 404259706738
Other undisclosed current assets(6)(5)(5)(4)(5)(4)
Total current assets:1,5231,3691,6761,6951,5871,247
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization14,24414,36414,6409,4688,7619,450
Intangible asset, including goodwill, after accumulated amortization2,5762,5462,5992,5842,6282,625
Goodwill2,5762,5462,5992,5842,6282,625
Derivative instruments and hedges4 434 4
Deferred income tax assets7441053271  
Other noncurrent assets1,2999651,0151,0041,0791,143
Total noncurrent assets:18,86717,88518,31113,36112,46813,222
TOTAL ASSETS:20,39019,25419,98715,05614,05514,469
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,8611,8832,2092,2211,9791,704
Interest and dividends payable✕✕✕✕✕108125
Taxes payable✕✕✕✕✕43
Employee-related liabilities✕✕✕✕✕285 
Accounts payable 390435586436328306
Accrued liabilities246307538297 215
Other undisclosed accounts payable and accrued liabilities1,2251,1411,0851,4881,2541,055
Debt810600284393 518
Deferred compensation liability      
Derivative instruments and hedges, liabilities2107 86703130
Other undisclosed current liabilities12291319806671
Total current liabilities:2,7952,6812,8122,7802,7482,423
Noncurrent Liabilities
Long-term debt and lease obligation4,3924,8535,4533,1775,6757,305
Long-term debt, excluding current maturities4,3924,8535,4533,1774,7866,367
Liabilities, other than long-term debt2,0081,3891,3521,410558904
Asset retirement obligations388315276281339401
Deferred income tax liabilities402202110184420
Other liabilities100114132131190358
Operating lease, liability1,105737832814889938
Derivative instruments and hedges, liabilities 13212 25125
Total noncurrent liabilities:6,4006,2426,8054,5876,2338,209
Total liabilities:9,1958,9239,6177,3678,98110,632
Equity
Equity, attributable to parent11,19510,33110,3707,6895,0743,837
Common stock333333
Additional paid in capital7,7798,0458,6207,7768,4588,531
Accumulated other comprehensive income9737771,0509911,0921,076
Retained earnings (accumulated deficit)2,4401,506697(1,081)(4,479)(5,773)
Total equity:11,19510,33110,3707,6895,0743,837
TOTAL LIABILITIES AND EQUITY:20,39019,25419,98715,05614,05514,469

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues8,9089,15210,88312,4648,6586,087
Gain (loss) on disposition of assets for financial service operations68268(50)(2,613)(1,362)710
Cost of revenue
(Cost of Product and Service Sold)		(862)(931)(859)(802)(625)(605)
Gross profit:8,0468,22110,02411,6628,0335,482
Operating expenses(7,777)(7,573)(8,019)(8,611)(7,139)(11,484)
Other undisclosed operating income862931859802625605
Operating income (loss):1,1311,5792,8643,8531,519(5,397)
Nonoperating income151841186038
Gain (loss), foreign currency transaction, before tax(31)19(19)(15)23(17)
Other nonoperating income4616520333755
Interest and debt expense(366)(404)(355)(311)(340)(371)
Income (loss) from continuing operations before equity method investments, income taxes:7801,3592,5103,5601,239(5,730)
Other undisclosed loss from continuing operations before income taxes(10)(8)    
Income (loss) from continuing operations before income taxes:7701,3512,5103,5601,239(5,730)
Income tax expense (benefit)472(226)(425)77177(367)
Income (loss) from continuing operations:1,2421,1252,0853,6371,416(6,097)
Income (loss) before gain (loss) on sale of properties:✕✕✕✕✕1,416(6,097)
Net income (loss) available to common stockholders, diluted:1,2421,1252,0853,6371,416(6,097)

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):1,2421,1252,0853,6371,416(6,097)
Other comprehensive income (loss)(6)(6)(8)210(17)
Comprehensive income (loss):1,2361,1192,0773,6391,426(6,114)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent202(267)67(103)647
Comprehensive income (loss), net of tax, attributable to parent:1,4388522,1443,5361,432(6,067)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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