Ovintiv (OVV) Operating Income (2018 - 2026)
Ovintiv (OVV) posted quarterly Operating Income of $994.0 million for Q2 2026, up 94.52% year-over-year from $511.0 million in Q2 2025, and up 231.83% quarter-over-quarter from -$754.0 million in Q1 2026.
Ovintiv (OVV) Operating Income (2018 - 2026) Analysis & Trends
Ovintiv's Operating Income history runs 9 years deep, the most recent figure standing at $994.0 million for Q2 2026.
- In Q2 2026, Operating Income rose 94.52% year-over-year to $994.0 million; the TTM figure through Jun 2026 stood at $949.0 million (changed 0.21% YoY), while the FY2025 annual figure was $1.1 billion, down 28.37% from the prior year.
- Operating Income for Q2 2026 stood at $994.0 million, up from -$754.0 million in the prior quarter.
- The five-year high for Operating Income was $1.5 billion in Q2 2022, with the low at -$754.0 million in Q1 2026.
- The 5-year median for Operating Income is $519.0 million (2024), against an average of $537.1 million.
- The sharpest annual moves came in 2025 and 2026: Operating Income surged 21700.0% in 2025, then tumbled 747.19% in 2026.
- Ovintiv's Operating Income stood at $1.2 billion in 2022, then rose by 2.06% to $1.2 billion in 2023, then tumbled by 99.83% to $2.0 million in 2024, then soared by 21700.0% to $436.0 million in 2025, then jumped by 127.98% to $994.0 million in 2026.
- Business Quant data shows OVV's Operating Income at $994.0 million in Q2 2026, -$754.0 million in Q1 2026, and $436.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 10.54 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.19 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 394.04 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 191.82 Mn |
| 10 | Ovintiv | 18.69 Bn | 17.80 Bn | 2.83 Bn | 994.00 Mn |
Historic Data
Download 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 |