NYSE: OVV
Ovintiv Inc.CIK 0001792580 · Energy · SIC 1311 · Crude Petroleum & Natural Gas
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Latest financial statements
From 10-Q filed Jul 23, 2026 (period ending Jun 30, 2026). SEC XBRL (companyfacts) — not generated by the model.
Consolidated Statements of Operations (Unaudited)
| Description | Q2 ended Jun 30, 2026 | Q1 ended Mar 31, 2026 |
|---|---|---|
| Revenue: | ||
| Total revenue / net sales | 2,872 | 2,577 |
| Operating expenses: | ||
| General and administrative | 126.0 | 112.0 |
| Total operating expenses | 2,019 | 3,286 |
| Operating income | 994.0 | (754.0) |
| Interest expense | 100.0 | 104.0 |
| Other income/(expense), net | 5.0 | 29.0 |
| Income before income taxes | 539.0 | (827.0) |
| Income tax expense/(benefit) | 83.0 | (197.0) |
| Net income | 456.0 | (630.0) |
| Basic earnings per share | 1.63 | (2.35) |
| Diluted earnings per share | 1.62 | (2.35) |
Consolidated Balance Sheets (Unaudited)
| Description | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| Current assets: | ||
| Cash and equivalents | 700.0 | 26.0 |
| Short-term investments | — | — |
| Other current assets | 1,549 | 1,788 |
| Total current assets | 2,249 | 1,814 |
| Property, plant and equipment, net | 13,203 | 15,929 |
| Goodwill | 2,324 | 2,843 |
| Deferred income taxes and other assets | 29.0 | 155.0 |
| Other long-term assets | 1,475 | 1,553 |
| TOTAL ASSETS | 19,280 | 22,294 |
| Current liabilities: | ||
| Current portion of long-term debt | — | 877.0 |
| Current portion of operating lease liabilities | 105.0 | 129.0 |
| Income taxes payable | 2.0 | 41.0 |
| Other current liabilities | 2,125 | 2,166 |
| Total current liabilities | 2,232 | 3,213 |
| Long-term debt | 3,695 | 5,521 |
| Operating lease liabilities | 1,118 | 1,169 |
| Deferred income taxes and other liabilities | 117.0 | 182.0 |
| Other long-term liabilities | 619.0 | 651.0 |
| Total liabilities | 7,781 | 10,736 |
| Shareholders' equity: | ||
| Common stock | 3.0 | 3.0 |
| Capital in excess of stated value | 8,613 | 8,944 |
| Accumulated other comprehensive income (loss) | 786.0 | 886.0 |
| Retained earnings (deficit) | 2,097 | 1,725 |
| Total shareholders' equity | 11,499 | 11,558 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 19,280 | 22,294 |
Consolidated Statements of Cash Flows (Unaudited)
| Description | Q2 ended Jun 30, 2026 | Q1 ended Mar 31, 2026 |
|---|---|---|
| Operating Activities: | ||
| Net cash from operating activities | 1,632 | 1,056 |
| Investing Activities: | ||
| Net cash from investing activities | 2,219 | (1,738) |
| Financing Activities: | ||
| Net cash from financing activities | (3,176) | 672.0 |
| Net increase/(decrease) in cash | 674.0 | (9.0) |
Amounts in millions USD; EPS as reported. Line labels are presentation-friendly mappings of filer XBRL tags — not a re-audit of the full statements. Use EDGAR for interactive notes and detail. Interactive statements & notes on EDGAR ↗