Ovintiv (OVV) Cost of Revenue (2019 - 2026)

Ovintiv (OVV) posted quarterly Cost of Revenue of $183.0 million for Q2 2026, down 16.44% year-on-year from $219.0 million in Q2 2025, and down 19.38% on a QoQ basis from $227.0 million in Q1 2026.

Ovintiv (OVV) Cost of Revenue (2019 - 2026) Analysis & Trends

Ovintiv (OVV) has reported Cost of Revenue for 8 consecutive years, with $183.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Cost of Revenue fell 16.44% year-over-year to $183.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $848.0 million (down 3.09% YoY) and the FY2025 annual result came in at $862.0 million, down 7.41% from the prior year.
  • Cost of Revenue slipped to $183.0 million in Q2 2026 per OVV's latest filing, from $227.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for OVV reached as high as $243.0 million in Q3 2023 and fell as low as $175.0 million in Q2 2023.
  • A 5-year average of $213.1 million and a median of $217.0 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue soared 49.02% — and 2026, when it retreated 16.44%.
  • Year by year, Cost of Revenue stood at $206.0 million in 2022, then changed by 0.0% to $206.0 million in 2023, then climbed by 4.85% to $216.0 million in 2024, then advanced by 0.93% to $218.0 million in 2025, then declined by 16.06% to $183.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $183.0 million, $227.0 million, and $218.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 6.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 24.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 326.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 356.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 385.02 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 894.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 185.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 183.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 183.00 Mn
Jun 30, 2026 183.00 Mn
Mar 31, 2026 227.00 Mn
Mar 31, 2026 227.00 Mn
Dec 31, 2025 218.00 Mn
Dec 31, 2025 218.00 Mn
Sep 30, 2025 220.00 Mn
Sep 30, 2025 220.00 Mn
Jun 30, 2025 219.00 Mn
Jun 30, 2025 219.00 Mn
Mar 31, 2025 205.00 Mn
Mar 31, 2025 205.00 Mn
Dec 31, 2024 216.00 Mn
Dec 31, 2024 216.00 Mn
Sep 30, 2024 235.00 Mn
Sep 30, 2024 235.00 Mn
Jun 30, 2024 237.00 Mn
Jun 30, 2024 237.00 Mn
Mar 31, 2024 243.00 Mn
Mar 31, 2024 243.00 Mn