Ovintiv (OVV) Other Accumulated Expenses (2018 - 2020)
Ovintiv (OVV) posted quarterly Other Accumulated Expenses of $215.0 million for Q4 2020, down 8.9% year-on-year from $236.0 million in Q1 2020, and down 8.9% on a QoQ basis from $236.0 million in Q4 2019.
Ovintiv (OVV) Other Accumulated Expenses (2018 - 2020) Analysis & Trends
Ovintiv (OVV) has reported Other Accumulated Expenses for 3 consecutive years, with $215.0 million the latest figure, recorded in Q4 2020.
- Quarterly Other Accumulated Expenses fell 8.9% year-over-year to $215.0 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was $215.0 million (down 8.9% YoY) and the FY2020 annual result came in at $215.0 million, down 8.9% from the prior year.
- Other Accumulated Expenses eased to $215.0 million in Q4 2020 per OVV's latest filing, from $236.0 million in the prior quarter.
- Over the last five years, Other Accumulated Expenses for OVV reached as high as $295.0 million in Q4 2018 and fell as low as $215.0 million in Q4 2020.
- A 3-year average of $248.7 million and a median of $236.0 million in 2019 frame the typical range for Other Accumulated Expenses.
- Annual changes were most pronounced in 2019 — Other Accumulated Expenses fell 20.0% — and 2020, when it retreated 8.9%.
- Year by year, Other Accumulated Expenses stood at $295.0 million in 2018, then fell by 20.0% to $236.0 million in 2019, then decreased by 8.9% to $215.0 million in 2020.
- According to Business Quant data, Other Accumulated Expenses over the past three periods registered $215.0 million, $236.0 million, and $295.0 million for Q4 2020, Q4 2019, and Q4 2018 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 |
|---|---|
| Dec 31, 2020 | 215.00 Mn |
| Dec 31, 2019 | 236.00 Mn |
| Dec 31, 2018 | 295.00 Mn |