Ovintiv (OVV) Gross Profit (2019 - 2026)
Ovintiv (OVV) posted quarterly Gross Profit of $2.8 billion for Q2 2026, up 34.83% year-on-year from $2.1 billion in Q2 2025, and up 4261.76% on a QoQ basis from -$68.0 million in Q1 2026.
Ovintiv (OVV) Gross Profit (2019 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Gross Profit for 8 consecutive years, with $2.8 billion the latest figure, recorded in Q2 2026.
- Quarterly Gross Profit rose 34.83% year-over-year to $2.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.5 billion (down 21.54% YoY) and the FY2025 annual result came in at $8.0 billion, down 2.13% from the prior year.
- Gross Profit advanced to $2.8 billion in Q2 2026 per OVV's latest filing, from -$68.0 million in the prior quarter.
- Over the last five years, Gross Profit for OVV reached as high as $3.8 billion in Q2 2022 and fell as low as -$68.0 million in Q1 2026.
- A 5-year average of $2.3 billion and a median of $2.2 billion in 2024 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2024 — Gross Profit surged 120.58% — and 2026, when it sank 103.13%.
- Year by year, Gross Profit stood at $3.0 billion in 2022, then sank by 70.13% to $894.0 million in 2023, then jumped by 120.58% to $2.0 billion in 2024, then retreated by 2.18% to $1.9 billion in 2025, then soared by 46.71% to $2.8 billion in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $2.8 billion, -$68.0 million, and $1.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.83 Bn |
| Jun 30, 2026 | 2.83 Bn |
| Mar 31, 2026 | -68.00 Mn |
| Mar 31, 2026 | -68.00 Mn |
| Dec 31, 2025 | 1.93 Bn |
| Dec 31, 2025 | 1.93 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Jun 30, 2025 | 2.10 Bn |
| Jun 30, 2025 | 2.10 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Dec 31, 2024 | 1.97 Bn |
| Dec 31, 2024 | 1.97 Bn |
| Sep 30, 2024 | 2.09 Bn |
| Sep 30, 2024 | 2.09 Bn |
| Jun 30, 2024 | 2.05 Bn |
| Jun 30, 2024 | 2.05 Bn |
| Mar 31, 2024 | 2.14 Bn |
| Mar 31, 2024 | 2.14 Bn |