Ovintiv (OVV) Net Income (2018 - 2026)
Ovintiv (OVV) recorded quarterly Net Income of -$840.0 million in Q1 2026, down 190.61% quarter-over-quarter from $927.0 million in Q4 2025, and down 255.93% on a YoY basis from $538.7 million in Q1 2025.
Ovintiv (OVV) Net Income (2018 - 2026) Analysis & Trends
Ovintiv's Net Income history runs 9 years deep, the most recent figure standing at -$840.0 million for Q1 2026.
- In Q1 2026, Net Income fell 255.93% year-over-year to -$840.0 million; the TTM figure through Mar 2026 stood at $638.0 million (up 3.57% YoY), while the FY2025 annual figure was $1.2 billion, down 2.13% from the prior year.
- Net Income was -$840.0 million for Q1 2026 at Ovintiv, down from $927.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.4 billion in Q2 2022 to a low of -$840.0 million in Q1 2026.
- Historically, Net Income has averaged $437.6 million across 5 years, with a median of $396.0 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Net Income jumped 1770.42% in 2022, then plunged 255.93% in 2026.
- A 5-year view of Net Income shows it stood at $1.2 billion in 2022, then dropped by 22.52% to $967.0 million in 2023, then tumbled by 110.13% to -$98.0 million in 2024, then jumped by 1045.92% to $927.0 million in 2025, then tumbled by 190.61% to -$840.0 million in 2026.
- The last three Net Income figures came in at -$840.0 million (Q1 2026), $927.0 million (Q4 2025), and $178.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 1.10 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 856.82 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 2.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 1.98 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 3.12 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 144.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 179.35 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 1.55 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -3.16 Bn |
| 10 | Ovintiv | 15.16 Bn | 15.16 Bn | 2.35 Bn | -840.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -840.00 Mn |
| Dec 31, 2025 | 927.00 Mn |
| Sep 30, 2025 | 178.00 Mn |
| Jun 30, 2025 | 373.00 Mn |
| Mar 31, 2025 | -236.00 Mn |
| Dec 31, 2024 | -98.00 Mn |
| Sep 30, 2024 | 507.00 Mn |
| Jun 30, 2024 | 443.00 Mn |
| Mar 31, 2024 | 396.00 Mn |
| Dec 31, 2023 | 967.00 Mn |
| Sep 30, 2023 | 328.00 Mn |
| Jun 30, 2023 | 336.00 Mn |
| Mar 31, 2023 | 551.00 Mn |
| Dec 31, 2022 | 1.25 Bn |
| Sep 30, 2022 | 1.19 Bn |
| Jun 30, 2022 | 1.42 Bn |
| Mar 31, 2022 | -241.00 Mn |
| Dec 31, 2021 | 1.38 Bn |
| Sep 30, 2021 | -71.00 Mn |
| Jun 30, 2021 | -205.00 Mn |