Ovintiv (OVV) EBIT (2018 - 2026)
Ovintiv (OVV) posted EBIT of $994.0 million for Q2 2026, up 231.83% on a QoQ basis from -$754.0 million in Q1 2026, and up 94.52% year-over-year from $511.0 million in Q2 2025.
Analysis
Ovintiv (OVV) EBIT (2018 - 2026) Analysis & Trends
Ovintiv has reported EBIT for 9 years, with the latest figure at $994.0 million in Q2 2026.
- On a quarterly basis, EBIT rose 94.52% year-over-year to $994.0 million in Q2 2026; TTM through Jun 2026 was $949.0 million, a 0.21% change from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 28.37% from the prior year.
- EBIT was $994.0 million for Q2 2026 at Ovintiv, up from -$754.0 million in the prior quarter.
- The five-year high for EBIT was $1.5 billion in Q2 2022, with the low at -$754.0 million in Q1 2026.
- Average EBIT over 5 years is $537.1 million, with a median of $519.0 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: EBIT jumped 21700.0% in 2025, then tumbled 747.19% in 2026.
- Over 5 years, EBIT stood at $1.2 billion in 2022, then advanced by 2.06% to $1.2 billion in 2023, then tumbled by 99.83% to $2.0 million in 2024, then surged by 21700.0% to $436.0 million in 2025, then soared by 127.98% to $994.0 million in 2026.
- The last three EBIT figures came in at $994.0 million (Q2 2026), -$754.0 million (Q1 2026), and $436.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | 8.73 Bn |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 661.00 Mn |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | 928.18 Mn |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 994.00 Mn |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 1.16 Bn |
| 10 | Antero Resources | 12.17 Bn | 11.60 Bn | 1.56 Bn | 375.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 994.00 Mn |
| Mar 31, 2026 | -754.00 Mn |
| Dec 31, 2025 | 436.00 Mn |
| Sep 30, 2025 | 273.00 Mn |
| Jun 30, 2025 | 511.00 Mn |
| Mar 31, 2025 | -89.00 Mn |
| Dec 31, 2024 | 2.00 Mn |
| Sep 30, 2024 | 527.00 Mn |
| Jun 30, 2024 | 556.00 Mn |
| Mar 31, 2024 | 494.00 Mn |
| Dec 31, 2023 | 1.19 Bn |
| Sep 30, 2023 | 467.00 Mn |
| Jun 30, 2023 | 531.00 Mn |
| Mar 31, 2023 | 678.00 Mn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 1.37 Bn |
| Jun 30, 2022 | 1.52 Bn |
| Mar 31, 2022 | -200.00 Mn |
| Dec 31, 2021 | 1.45 Bn |
| Jun 30, 2021 | -121.00 Mn |