Ovintiv (OVV) | Financial Analysis & Statements

Ovintiv Inc. | Large-cap | Energy

$39.92

-0.35%

Ovintiv vs ConocoPhillips Ovintiv vs Canadian Natural Ovintiv vs Range Resources Ovintiv vs Comstock Resources Ovintiv vs Apa Ovintiv vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 9.2B

Gross Profit 5.0B 54.45%

Operating Income 2.1B 22.63%

Net Income 1.1B 12.29%

EPS (Diluted) $4.21

Balance Sheet Metrics

Total Assets 19.3B

Total Liabilities 8.9B

Shareholders Equity 10.3B

Debt to Equity 0.86

Cash Flow Metrics

Operating Cash Flow 3.4B

Free Cash Flow 1.4B

Revenue & Profitability Trend

Ovintiv Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	9.2B	10.9B	12.5B	8.7B	6.1B
Cost of Goods Sold	4.2B	5.0B	5.6B	4.4B	3.4B
Gross Profit	5.0B	5.9B	6.9B	4.2B	2.7B
Operating Expenses	2.9B	2.9B	3.0B	2.7B	2.5B
Operating Income	2.1B	3.0B	3.9B	1.5B	183.0M
Pre-tax Income	1.4B	2.5B	3.6B	1.2B	-5.7B
Income Tax	226.0M	425.0M	-77.0M	-177.0M	367.0M
Net Income	1.1B	2.1B	3.6B	1.4B	-6.1B
EPS (Diluted)	$4.21	$7.90	$14.08	$5.32	-$23.47

Income Statement Trend

Ovintiv Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	1.4B	1.7B	1.7B	1.6B	1.2B
Non-Current Assets	17.9B	18.3B	13.4B	12.5B	13.2B
Total Assets	19.3B	20.0B	15.1B	14.1B	14.5B
Liabilities
Current Liabilities	2.7B	2.8B	2.8B	2.7B	2.4B
Non-Current Liabilities	6.2B	6.8B	4.6B	6.2B	8.2B
Total Liabilities	8.9B	9.6B	7.4B	9.0B	10.6B
Equity
Total Shareholders Equity	10.3B	10.4B	7.7B	5.1B	3.8B

Balance Sheet Composition

Ovintiv Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	1.1B	2.1B	3.6B	1.4B	-6.1B
Operating Cash Flow	3.4B	4.7B	4.5B	2.4B	-3.9B
Investing Activities
Capital Expenditures	-	-	-	-	-
Investing Cash Flow	-30.0M	-2.7B	-58.0M	994.0M	-128.0M
Financing Activities
Dividends Paid	-316.0M	-307.0M	-239.0M	-122.0M	-97.0M
Financing Cash Flow	-1.2B	1.4B	-2.3B	-2.4B	-206.0M
Free Cash Flow	1.4B	1.4B	2.0B	1.6B	159.0M

Cash Flow Trend

Ovintiv Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 16.49

Forward P/E 6.22

Price to Book 1.01

Price to Sales 1.13

PEG Ratio 6.22

Profitability Ratios

Profit Margin 7.03%

Operating Margin 27.03%

Return on Equity 6.17%

Return on Assets 6.96%

Financial Health

Current Ratio 0.43

Debt to Equity 67.03

Beta 1.09

Per Share Data

EPS (TTM) $2.36

Book Value per Share $38.61

Revenue per Share $34.05

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
ovv	10.1B	16.49	1.01	6.17%	7.03%	67.03
ConocoPhillips	119.5B	12.00	1.83	16.66%	16.15%	36.46
Canadian Natural	70.3B	12.84	1.73	18.95%	19.76%	46.57
Range Resources	10.0B	37.77	2.55	6.99%	10.39%	45.68
Comstock Resources	8.7B	46.41	4.10	-13.44%	-22.61%	138.23
Apa	6.6B	6.59	1.22	26.18%	10.04%	84.96

Financial data is updated regularly. All figures are in the company's reporting currency.