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

Ovintiv (OVV) recorded quarterly Cost of Revenue of $227.0 million in Q1 2026, up 4.13% quarter-over-quarter from $218.0 million in Q4 2025, and up 10.73% on a YoY basis from $205.0 million in Q1 2025.

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

Ovintiv's Cost of Revenue history runs 8 years deep, the most recent figure standing at $227.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 10.73% year-over-year to $227.0 million; the TTM figure through Mar 2026 stood at $884.0 million (down 1.01% YoY), while the FY2025 annual figure was $862.0 million, down 7.41% from the prior year.
  • Cost of Revenue was $227.0 million for Q1 2026 at Ovintiv, up from $218.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $243.0 million in Q3 2023 to a low of $15.0 million in Q2 2023.
  • Historically, Cost of Revenue has averaged $205.4 million across 5 years, with a median of $218.0 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue plunged 91.67% in 2023, then surged 1480.0% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $206.0 million in 2022, then changed by 0.0% to $206.0 million in 2023, then gained by 4.85% to $216.0 million in 2024, then rose by 0.93% to $218.0 million in 2025, then gained by 4.13% to $227.0 million in 2026.
  • The last three Cost of Revenue figures came in at $227.0 million (Q1 2026), $218.0 million (Q4 2025), and $220.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Woodside Energy 639.66 Bn 633.72 Bn - 326.00 Mn
2 Canadian Natural Resources 395.91 Bn 395.91 Bn 6.72 Bn 1.16 Bn
3 Conocophillips 147.10 Bn 140.74 Bn 9.48 Bn 6.28 Bn
4 Eog Resources 74.80 Bn 70.95 Bn - -
5 Occidental Petroleum 56.58 Bn 53.39 Bn 4.87 Bn 356.00 Mn
6 Diamondback Energy 55.66 Bn 61.83 Bn 4.22 Bn 24.00 Mn
7 Vista Energy, S.A.B. de C.V 35.54 Bn 34.93 Bn 472.36 Mn 66.16 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn 400.34 Mn
9 Vermilion Energy 32.08 Bn 31.89 Bn 370.10 Mn 4.23 Mn
10 Ovintiv 15.58 Bn 15.57 Bn 2.35 Bn 227.00 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 206.00 Mn
Dec 31, 2023 206.00 Mn