Stocks · Energy · Crude Petroleum & Natural Gas

Ovintiv Inc.

OVV Clue Score43
United States Fiscal year ends December CIK 0001792580
$63.88 +0.80% Close, 9 Oct 2026
Price $63.88 +67.88% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue3.89Operating income1.07Net income0.83Fiscal year 2018Revenue5.46 +40.2%Operating income1.69Net income1.07 +29.3%EPS, diluted5.57Fiscal year 2019Revenue7.01 +28.5%Operating income0.60Net income0.23 −78.1%EPS, diluted0.90 −83.8%Fiscal year 2020Revenue5.51 −21.4%Operating income−5.40Net income−6.10 −2,705.6%EPS, diluted−23.47 −2,707.8%Fiscal year 2021Revenue10.47 +90.0%Operating income1.52Net income1.42EPS, diluted5.32Fiscal year 2022Revenue14.26 +36.3%Operating income3.85Net income3.64 +156.9%EPS, diluted14.08 +164.7%Fiscal year 2023Revenue10.66 −25.3%Operating income2.86Net income2.09 −42.7%EPS, diluted7.90 −43.9%Fiscal year 2024Revenue8.94 −16.1%Operating income1.58Net income1.13 −46.0%EPS, diluted4.21 −46.7%Fiscal year 2025Revenue8.66 −3.1%Operating income1.13Net income1.24 +10.4%EPS, diluted4.78 +13.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3.89 5.46 7.01 5.51 10.47 14.26 10.66 8.94 8.66
Growth +40.2% +28.5% −21.4% +90.0% +36.3% −25.3% −16.1% −3.1%
Operating income 1.07 1.69 0.60 −5.40 1.52 3.85 2.86 1.58 1.13
Net income 0.83 1.07 0.23 −6.10 1.42 3.64 2.09 1.13 1.24
Growth +29.3% −78.1% −2,705.6% +156.9% −42.7% −46.0% +10.4%
EPS, diluted n/a 5.57 0.90 −23.47 5.32 14.08 7.90 4.21 4.78
Growth −83.8% −2,707.8% +164.7% −43.9% −46.7% +13.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin27.4%Net margin21.2%Free cash flow margin−19.2%Fiscal year 2018Operating margin31.0%Net margin19.6%Free cash flow margin6.0%Fiscal year 2019Operating margin8.5%Net margin3.3%Free cash flow margin4.2%Fiscal year 2020Operating margin−98.0%Net margin−110.7%Free cash flow margin2.9%Fiscal year 2021Operating margin14.5%Net margin13.5%Free cash flow margin15.4%Fiscal year 2022Operating margin27.0%Net margin25.5%Free cash flow margin14.3%Fiscal year 2023Operating margin26.9%Net margin19.6%Free cash flow margin13.3%Fiscal year 2024Operating margin17.7%Net margin12.6%Free cash flow margin15.9%Fiscal year 2025Operating margin13.1%Net margin14.3%Free cash flow margin17.4%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 27.4% 31.0% 8.5% −98.0% 14.5% 27.0% 26.9% 17.7% 13.1%
Net margin 21.2% 19.6% 3.3% −110.7% 13.5% 25.5% 19.6% 12.6% 14.3%
Free cash flow margin −19.2% 6.0% 4.2% 2.9% 15.4% 14.3% 13.3% 15.9% 17.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow1.05Capital expenditure−1.80Free cash flow−0.75Buybacks0.00Dividends paid−0.06Fiscal year 2018Operating cash flow2.30Capital expenditure−1.98Free cash flow0.33Buybacks−0.25Dividends paid−0.06Fiscal year 2019Operating cash flow2.92Capital expenditure−2.63Free cash flow0.30 −9.2%Buybacks−1.25Dividends paid−0.10Fiscal year 2020Operating cash flow1.90Capital expenditure−1.74Free cash flow0.16 −46.1%Buybacks0.00Dividends paid−0.10Fiscal year 2021Operating cash flow3.13Capital expenditure−1.52Free cash flow1.61 +912.6%Buybacks−0.11Dividends paid−0.12Fiscal year 2022Operating cash flow3.87Capital expenditure−1.83Free cash flow2.04 +26.4%Buybacks−0.72Dividends paid−0.24Fiscal year 2023Operating cash flow4.17Capital expenditure−2.74Free cash flow1.42 −30.1%Buybacks−0.43Dividends paid−0.31Fiscal year 2024Operating cash flow3.72Capital expenditure−2.30Free cash flow1.42 −0.4%Buybacks−0.60Dividends paid−0.32Fiscal year 2025Operating cash flow3.65Capital expenditure−2.15Free cash flow1.51 +6.1%Buybacks−0.31Dividends paid−0.31
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1.05 2.30 2.92 1.90 3.13 3.87 4.17 3.72 3.65
Capital expenditure −1.80 −1.98 −2.63 −1.74 −1.52 −1.83 −2.74 −2.30 −2.15
Free cash flow −0.75 0.33 0.30 0.16 1.61 2.04 1.42 1.42 1.51
Growth −9.2% −46.1% +912.6% +26.4% −30.1% −0.4% +6.1%
Buybacks 0.00 −0.25 −1.25 0.00 −0.11 −0.72 −0.43 −0.60 −0.31
Dividends paid −0.06 −0.06 −0.10 −0.10 −0.12 −0.24 −0.31 −0.32 −0.31

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.72Shareholders’ equity6.73Fiscal year 2018Cash1.06Total debt4.20Net cash (debt)−3.14Shareholders’ equity7.45Debt to equity0.56Fiscal year 2019Cash0.19Total debt6.97Net cash (debt)−6.78Shareholders’ equity9.93Debt to equity0.70Fiscal year 2020Cash0.01Total debt6.89Net cash (debt)−6.88Shareholders’ equity3.84Debt to equity1.79Fiscal year 2021Cash0.20Total debt4.79Net cash (debt)−4.59Shareholders’ equity5.07Debt to equity0.94Fiscal year 2022Cash0.01Total debt3.57Net cash (debt)−3.57Shareholders’ equity7.69Debt to equity0.46Fiscal year 2023Cash0.00Total debt5.74Net cash (debt)−5.73Shareholders’ equity10.37Debt to equity0.55Fiscal year 2024Cash0.04Total debt5.45Net cash (debt)−5.41Shareholders’ equity10.33Debt to equity0.53Fiscal year 2025Cash0.04Total debt5.20Net cash (debt)−5.17Shareholders’ equity11.20Debt to equity0.46
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.72 1.06 0.19 0.01 0.20 0.01 0.00 0.04 0.04
Total debt n/a 4.20 6.97 6.89 4.79 3.57 5.74 5.45 5.20
Net cash (debt) n/a −3.14 −6.78 −6.88 −4.59 −3.57 −5.73 −5.41 −5.17
Shareholders’ equity 6.73 7.45 9.93 3.84 5.07 7.69 10.37 10.33 11.20
Debt to equity n/a 0.56 0.70 1.79 0.94 0.46 0.55 0.53 0.46

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
1.05 2.30 2.92 1.90 3.13 3.87 4.17 3.72 3.65
Growth +119.0% +27.0% −35.1% +65.1% +23.6% +7.8% −10.7% −1.9%
0.83 1.27 2.02 1.83 1.19 1.11 1.83 2.29 2.18
Investment
−1.80 −1.98 −2.63 −1.74 −1.52 −1.83 −2.74 −2.30 −2.15
calc −0.75 0.33 0.30 0.16 1.61 2.04 1.42 1.42 1.51
Growth −9.2% −46.1% +912.6% +26.4% −30.1% −0.4% +6.1%
calc −3.83 1.69 1.13 0.61 6.04 7.88 5.39 5.30 5.80
−1.04 −1.56 −2.56 −1.86 −0.53 −1.79 −5.52 −2.46 −2.88
Financing
−0.14 −0.40 −1.24 −0.21 −2.42 −2.27 1.36 −1.23 −0.76
−0.06 −0.06 −0.10 −0.10 −0.12 −0.24 −0.31 −0.32 −0.31
0.00 −0.25 −1.25 0.00 −0.11 −0.72 −0.43 −0.60 −0.31

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.