Ovintiv (OVV) Cost of Revenue (2019 - 2026)
Ovintiv (OVV) posted Cost of Revenue of $183 million for Q2 2026, down 16.4% from $219 million a year earlier and down 19.4% from the prior quarter.
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Analysis
Ovintiv (OVV) Cost of Revenue (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Ovintiv was $848 million, down 3.1% year-over-year; for FY2025, it came in at $862 million, down 7.4% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 7.3% (FY2020 to FY2025).
- In prior years, Ovintiv's Cost of Revenue was $931 million in FY2024 (+8.4%), $859 million in FY2023 (+7.1%), $802 million in FY2022 (+28.3%) and $625 million in FY2021 (+3.3%).
- The Q2 2026 figure stands as the lowest quarterly Cost of Revenue since Q2 2023.
- On a year-over-year basis, Cost of Revenue increased in two of the last eight quarters, with an average decline of 5.7%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q3 2022, with growth of 49.0%; the weakest was Q2 2026, with a decline of 16.4%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $227 million (Q1 2026), $218 million (Q4 2025) and $220 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | - |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 36.61 Bn |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 64.53 Bn |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 38,308.00 |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 6.71 Bn |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | - |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 43.66 Bn |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | 1.81 Bn |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | - |
| 10 | Ovintiv | 19.67 Bn | 18.64 Bn | 2.83 Bn | 183.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 183.00 Mn |
| Mar 31, 2026 | 227.00 Mn |
| Dec 31, 2025 | 218.00 Mn |
| Sep 30, 2025 | 220.00 Mn |
| Jun 30, 2025 | 219.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | 216.00 Mn |
| Sep 30, 2024 | 235.00 Mn |
| Jun 30, 2024 | 237.00 Mn |
| Mar 31, 2024 | 243.00 Mn |
| Dec 31, 2023 | 235.00 Mn |
| Sep 30, 2023 | 243.00 Mn |
| Jun 30, 2023 | 175.00 Mn |
| Mar 31, 2023 | 206.00 Mn |
| Dec 31, 2022 | 206.00 Mn |
| Sep 30, 2022 | 228.00 Mn |
| Jun 30, 2022 | 180.00 Mn |
| Mar 31, 2022 | 188.00 Mn |
| Dec 31, 2021 | 159.00 Mn |
| Sep 30, 2021 | 153.00 Mn |
API Access
Ovintiv Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OVV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "OVV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();