Ovintiv (OVV) Operating Income (2018 - 2026)

Ovintiv (OVV) recorded quarterly Operating Income of -$754.0 million in Q1 2026, down 272.94% quarter-over-quarter from $436.0 million in Q4 2025, and down 747.19% on a YoY basis from $116.5 million in Q1 2025.

Ovintiv (OVV) Operating Income (2018 - 2026) Analysis & Trends

Ovintiv's Operating Income history runs 9 years deep, the most recent figure standing at -$754.0 million for Q1 2026.

  • In Q1 2026, Operating Income fell 747.19% year-over-year to -$754.0 million; the TTM figure through Mar 2026 stood at $466.0 million (down 53.21% YoY), while the FY2025 annual figure was $1.1 billion, down 28.37% from the prior year.
  • Operating Income was -$754.0 million for Q1 2026 at Ovintiv, down from $436.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $1.5 billion in Q2 2022 to a low of -$754.0 million in Q1 2026.
  • Historically, Operating Income has averaged $510.2 million across 5 years, with a median of $511.0 million in 2025.
  • The sharpest annual moves came in 2025 and 2026: Operating Income soared 21700.0% in 2025, then plunged 747.19% in 2026.
  • A 5-year view of Operating Income shows it stood at $1.2 billion in 2022, then gained by 2.06% to $1.2 billion in 2023, then plunged by 99.83% to $2.0 million in 2024, then jumped by 21700.0% to $436.0 million in 2025, then plunged by 272.94% to -$754.0 million in 2026.
  • The last three Operating Income figures came in at -$754.0 million (Q1 2026), $436.0 million (Q4 2025), and $273.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 5.68 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 7.20 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 2.60 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 3.76 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 116.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 215.59 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 2.04 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 266.77 Mn
10 Ovintiv 15.16 Bn 15.16 Bn 2.35 Bn -754.00 Mn

Historic Data

Download Data
DateValue
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
Mar 31, 2021 195.00 Mn