Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.
Large North American independent E&P—Montney, Uinta, Permian, and Anadarko assets.
Sector: United States / Canada — oil & gas exploration & production
Geography: United States, Canada
US_EP_OVV
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: sec_companyfacts/1792580
| Period | Issues |
|---|---|
| 2023-06-30 Q2 | ⚠Warn 1 |
| 2023-09-30 Q3 | ⚠Warn 1 |
| 2023-12-31 FY | ⚠Warn 1 |
| 2024-03-31 Q1 | ⚠Warn 1 |
| 2024-06-30 Q2 | ⚠Warn 1 |
| 2024-09-30 Q3 | ⚠Warn 1 |
| 2024-12-31 FY | ⚠Warn 1 |
| 2025-03-31 Q1 | ✗Errors 3Warn 2 |
| 2025-06-30 Q2 | ⚠Warn 1 |
| 2025-09-30 Q3 | ⚠Warn 1 |
| 2025-12-31 FY | ⚠Warn 1 |
Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB USD | Operating profitB USD | D&AB USD | EBITDAB USD | Net profitB USD | Operating CFB USD | Capex + M&AB USD | AssetsB USD | EquityB USD | ROE (annualized) | Net debtB USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | Q4 2025 (3M) | OK | 2.1 y/y -1.9% | 0.4 y/y 21700.0% | 0.5 y/y -2.2% | 1.0 y/y 77.1% | 0.9 y/y 1676.7% | 1.0 | -1.0 | 20.4 y/y 5.9% | 11.2 y/y 8.4% | 11.6% | 5.0 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 2.1 y/y -11.1% | 0.3 y/y -48.2% | 0.5 y/y -9.0% | 0.8 y/y -27.4% | 0.1 y/y -70.8% | 0.8 | -0.5 | 19.4 y/y -2.4% | 10.2 y/y -4.0% | 1.9% | 5.3 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 2.3 y/y 1.3% | 0.5 y/y -8.1% | 0.6 y/y -4.1% | 1.1 y/y -6.1% | 0.3 y/y -9.7% | 1.0 | -0.6 | 19.7 y/y -0.4% | 10.4 y/y 0.5% | 12.0% | 5.4 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 2.4 y/y 1.1% | -0.1 y/y -118.0% | 0.5 y/y -3.7% | 0.5 y/y -57.0% | -0.2 y/y -147.0% | 0.9 | -0.9 | 19.6 y/y -1.1% | 10.1 y/y -1.8% | -6.2% | 5.6 | Link |
| 2024-12-31 | Q4 2024 (3M) | OK | 2.2 y/y — | 0.0 y/y — | 0.5 y/y — | 0.5 y/y — | -0.1 y/y — | 1.0 | -0.5 | 19.3 y/y -3.7% | 10.3 y/y -0.4% | 10.7% | 5.5 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 2.3 y/y -12.3% | 0.5 y/y 12.8% | 0.6 y/y 23.3% | 1.1 y/y 18.2% | 0.5 y/y 24.9% | 1.0 | -0.5 | 19.9 y/y -0.2% | 10.7 y/y 11.5% | 6.4% | 6.0 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 2.3 y/y -9.1% | 0.6 y/y 4.7% | 0.6 y/y 38.4% | 1.1 y/y 19.6% | 0.3 y/y 1.2% | 1.0 | -0.6 | 19.8 y/y 1.5% | 10.3 y/y 10.9% | 13.2% | 6.2 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 2.4 y/y — | 0.5 y/y — | 0.6 y/y — | 1.1 y/y — | 0.3 y/y — | 0.7 | -0.8 | 19.8 y/y — | 10.3 y/y — | 13.1% | 6.3 | Link |
| 2023-12-31 | FY 2023 (12M) | OK | 10.9 y/y — | 2.9 y/y — | 1.8 y/y — | 4.7 y/y — | 2.1 y/y — | 1.4 | -5.5 | 20.0 y/y — | 10.4 y/y — | 20.9% | 5.8 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 2.6 y/y — | 0.5 y/y — | 0.5 y/y — | 1.0 y/y — | 0.4 y/y — | 0.9 | -0.9 | 19.9 y/y — | 9.6 y/y — | 5.7% | 6.2 | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 2.5 y/y — | 0.5 y/y — | 0.4 y/y — | 0.9 y/y — | 0.3 y/y — | 0.8 | -3.0 | 19.5 y/y — | 9.3 y/y — | — | 6.2 | Link |
Physical operating metrics — supplementary, not part of the financial statements
Oil and Gas E and P
| Year | Reserves, mln boe |
|---|---|
| 2025 | 2 325 |
| 2024 | 2 057 |
| 2023 | 2 186 |
| 2022 | 2 274 |
| 2021 | 2 258 |
| 2020 | 1 992 |
| 2019 | 2 189 |
| Year | Production, mln boe | per day |
|---|---|---|
| 2026 | 61.78 * | 169 260 |
| 2025 | 224.29 +5.0% | 614 500 |
| 2024 | 213.53 +3.4% | 585 000 |
| 2023 | 206.44 +10.9% | 565 600 |
| 2022 | 186.15 −4.5% | 510 000 |
| 2021 | 194.87 −1.8% | 533 900 |
| 2020 | 198.49 | 543 800 |
* partial year
EI1 ___NASDAQ_press_comm (NASDAQ / SEC filings)
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Current 6.2x · 3-year average 4.7x
FY blocks below combine SEC XBRL tags (revenue & selected expense lines), plus production / reserves notes sourced to Form 10-K or company filings where cited.
Production and proved reserves in the FY blocks are keyed from supplemental 10-K tables after each filing is wired in. Automated SEC revenue/expense tags for the newest FY often appear before operational volumes and reserves for that same year.
Prod. CAGR (2 yr): +9.2%
Reserves CAGR (2 yr): -12.0% · Reserves life (R/P): 10.4 yr
| FY end | Crude oil equivalent (net, Mboe/d) | Proved reserves (net, MMboe) | Proved developed (net, MMboe) | Proved undeveloped (net, MMboe) |
|---|---|---|---|---|
| 2025-12-31 | 614.5 | 2,325.1 | — | — |
| 2024-12-31 | 538 | 3,100 | — | — |
| 2023-12-31 | 515 | 3,000 | — | — |
Model: apply spot-vs-LTM commodity price moves to LTM revenue mix (oil/gas/NGL). Purchased products scale with revenue; remaining cash expenses inflate (PPI proxy). Fair value: EBITDA at trailing ~3y average commodity prices, conservative used EBITDA (average of spot and 3y-avg when spot is higher), × 3y average EV/EBITDA − net debt.
| Line item | Value |
|---|---|
| 1 · Reported baseline LTM or latest FY revenue/EBITDA and revenue mix. | |
| LTM revenue (last 4 quarters) | 9 085 USDm |
| LTM EBITDA (last 4 quarters) | 3 467 USDm |
| Baseline cash costs (revenue − EBITDA) | 5 618 USDm |
| Revenue mix: oil / gas / NGL / other | 67.4% / 23.6% / 9.0% / 0.0% |
| · Crude oil | 4 928 USDm (67.4% of implied) |
| · Natural gas | 1 726 USDm (23.6% of implied) |
| · NGLs | 655 USDm (9.0% of implied) |
| 2 · Commodity prices Spot move = last ÷ LTM average. 3y-avg-price EBITDA uses trailing ~3y mean ÷ LTM average. | |
| Oil — spot & 3y avg vs LTM | spot 95.00 · LTM avg 72.84 · 3y avg — → spot move +30.4% |
| Gas — spot & 3y avg vs LTM | spot 3.14 · LTM avg 3.41 · 3y avg — → spot move -7.8% |
| NGL — spot & 3y avg vs LTM | spot 5 967.50 · LTM avg 4 983.59 · 3y avg — → spot move +19.7% |
| 3 · Cash cost model Purchased products scale with revenue; other costs inflate. | |
| Purchased products / revenue | 0.0% |
| PPI inflation multiplier (12m) | 1.055 |
| → Projected purchased cost (at spot revenue) | 0 USDm |
| → Projected other cash cost (inflated) | 5 927 USDm |
| 4 · Spot forward P&L Headline spot cards use §4. | |
| = Projected spot revenue | 10 941 USDm |
| = Spot EBITDA | 5 014 USDm |
| = EBITDA at 3y avg commodity prices | 3 017 USDm |
| 5 · Valuation vs spot Current EV vs spot EBITDA. | |
| Enterprise value (current) | 21 280 USDm |
| EV ÷ Spot EBITDA | 4.2x |
| 6 · Fair value & upside Conservative used EBITDA × 3y average EV/EBITDA → fair market cap. | |
| EBITDA at 3y avg commodity prices | 3 017 USDm |
| = Conservative used EBITDA | 4 016 USDm |
| 3y average EV/EBITDA (fair multiple) | 4.4x |
| = Fair enterprise value | 17 691 USDm |
| Net debt (balance sheet) | 5 284 USDm |
| = Fair market cap | 12 407 USDm |
| Current market cap (implied) | 15 996 USDm |
| = Upside to fair mcap | -22.4% |
Flow: baseline → commodity prices → expense model → spot P&L → fair value (used EBITDA × 3y avg EV/EBITDA − net debt). Hover for formulas.
FY2025 production from SEC SRT ProvedDevelopedAndUndevelopedReservesProduction (MMBbls annual crude-equivalent × 1000 / 365). Reserves: SRT ProvedDevelopedAndUndevelopedReservesNet (MMBbls).
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 614.5 |
| Proved reserves (net, MMboe) | 2,325.1 |
Sources
Volumes and per-unit realized sales prices come from the issuer's latest Form 10-K production-and-pricing table. Implied product revenue = volume × price; mix shares feed the spot 12-month forecast above.
FY2025 Form 10-K filing package: volumes from Exhibit 99.1 daily rates × 365 (Oil & Plant Condensate = 209.4 Mbbl/d; Other NGLs = 94.8 Mbbl/d; Gas = 1,862 MMcf/d). Realized prices include hedges per ovv-ex99_1.htm.
| Product | Annual volume | Avg realized price | Implied revenue (USDm) | Share of implied revenue |
|---|---|---|---|---|
| Crude oil | 76.4 MMBbls | 64.48 USD/bbl | 4,928.3 | 67.4% |
| Natural gas | 679,630 MMcf | 2.54 USD/Mcf | 1,726.3 | 23.6% |
| NGLs | 34.6 MMBbls | 18.94 USD/bbl | 655.4 | 9.0% |
| Total (implied product revenue) | 7,309.9 | 100.0% |
| Line item | Amount | |
|---|---|---|
| Oil & gas producing activities (Reg. S-X results of operations) | 7,176 | USD mln |
| Other revenue (incl. marketing, derivatives & eliminations vs. producing-activities subtotal) | 1,732 | USD mln |
| Line item | Amount | |
|---|---|---|
| Depreciation, depletion & amortization | 2,179 | USD mln |
| General & administrative | 331 | USD mln |
| Interest expense | 376 | USD mln |
| Income tax expense (benefit) | -472 | USD mln |
| Total costs and expenses (consolidated) | 7,777 | USD mln |
Primary SEC filing for this FY (HTML)
FY2024 net production and proved reserves — Ovintiv Form 10-K (rounded).
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 538 |
| Proved reserves (net, MMboe) | 3,100 |
Sources
| Line item | Amount | |
|---|---|---|
| Oil & gas producing activities (Reg. S-X results of operations) | 7,358 | USD mln |
| Other revenue (incl. marketing, derivatives & eliminations vs. producing-activities subtotal) | 1,794 | USD mln |
| Line item | Amount | |
|---|---|---|
| Depreciation, depletion & amortization | 2,290 | USD mln |
| General & administrative | 365 | USD mln |
| Interest expense | 412 | USD mln |
| Income tax expense (benefit) | 226 | USD mln |
| Total costs and expenses (consolidated) | 7,573 | USD mln |
Primary SEC filing for this FY (HTML)
FY2023 — Form 10-K 2023 (rounded).
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 515 |
| Proved reserves (net, MMboe) | 3,000 |
Sources
| Line item | Amount | |
|---|---|---|
| Oil & gas producing activities (Reg. S-X results of operations) | 7,812 | USD mln |
| Other revenue (incl. marketing, derivatives & eliminations vs. producing-activities subtotal) | 3,071 | USD mln |
| Line item | Amount | |
|---|---|---|
| Depreciation, depletion & amortization | 1,825 | USD mln |
| General & administrative | 393 | USD mln |
| Interest expense | 355 | USD mln |
| Income tax expense (benefit) | 425 | USD mln |
| Total costs and expenses (consolidated) | 8,019 | USD mln |
Primary SEC filing for this FY (HTML)
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-03-13 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-12-15 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-09-15 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-06-13 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-03-14 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-12-13 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-09-13 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-06-14 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-03-14 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-12-14 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-09-14 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-06-14 | 0.3 USD | Ex-dividend: 0.3 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-03-14 | 0.25 USD | Ex-dividend: 0.25 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-12-14 | 0.25 USD | Ex-dividend: 0.25 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-09-14 | 0.25 USD | Ex-dividend: 0.25 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-06-14 | 0.25 USD | Ex-dividend: 0.25 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-03-14 | 0.2 USD | Ex-dividend: 0.2 USD per share | Paid | Yahoo Finance (ex-div) |
| 2021-12-14 | 0.14 USD | Ex-dividend: 0.14 USD per share | Paid | Yahoo Finance (ex-div) |
| 2021-09-14 | 0.14 USD | Ex-dividend: 0.14 USD per share | Paid | Yahoo Finance (ex-div) |
| 2021-06-14 | 0.094 USD | Ex-dividend: 0.094 USD per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Investor reporting (IR): https://www.ovintiv.com/investors
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)