Ovintiv (OVV) Operating Income (2018 - 2026)
Ovintiv's Operating Income came in at $994 million for Q2 2026, up 94.5% from $511 million a year earlier.
Ovintiv (OVV) Operating Income (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ovintiv reported Operating Income of $949 million, down 0.2% year-over-year; for FY2025, it was $1.13 billion, down 28.4% from FY2024.
- Operating Income has declined in each of the last three years.
- Going back by year, Operating Income was $1.58 billion in FY2024 (-44.9%), $2.86 billion in FY2023 (-25.7%), $3.85 billion in FY2022 (+153.7%) and $1.52 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly Operating Income since Q4 2023.
- Year-over-year, Operating Income increased in two of the last five quarters, with an average decline of 9.8%.
- The fastest year-over-year change in Operating Income over five years came in Q2 2026 (growth of 94.5%), and the weakest in Q4 2024 (a decline of 99.8%).
- Business Quant data shows OVV's Operating Income at -$754 million (Q1 2026), $436 million (Q4 2025) and $273 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 26.95 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 1.37 Bn |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 5.33 Bn |
| 10 | Ovintiv | 16.27 Bn | 15.24 Bn | 2.83 Bn | 994.00 Mn |
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 |
Ovintiv Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=OVV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "OVV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();