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Companies / Energy / Ovintiv Inc.
OVV

Ovintiv Inc.

EnergyOil & Gas Extraction
Ticker OVVDENVER, COFiscal year ends DecemberBook value per share $41.95Diluted shares 274.1M

Ovintiv Inc. (NYSE: OVV) is a North American oil and natural gas exploration and production company, with operations in the United States and Canada and marketing activities for its oil, natural gas liquids (NGLs) and natural gas. Its customers include refiners, local distributing companies, energy marketing companies… From the company’s description.

In fiscal 2025, Ovintiv Inc. reported revenue of $8.91B, down 2.7% from fiscal 2024, and net income of $1.24B. Its operating margin was 12.7%, and operations generated $3.65B in cash. Over the twelve months to Jun 30, 2026, revenue was $9.76B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$8.91BFY2025
−2.7% year over year
Last 12 mo $9.76B
12.70%FY2025
−4.6 percentage points
Last 12 mo 9.73%
$1.24BFY2025
+10.4% year over year
Last 12 mo $920.00M
24.35%FY2025
+9.8 percentage points
Last 12 mo 8.00%
Cash & financing
$3.65BFY2025
−1.9% year over year
Last 12 mo $4.45B
$1.50BFY2025
+6.1% year over year
Last 12 mo $2.27B
0.46FY2025
Was 0.53× a year earlier
Last 12 mo 0.32
259.7MFY2025
−2.9% year over year
Last 12 mo 274.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ovintiv Inc. does

In the company’s own words

Ovintiv Inc. (NYSE: OVV) is a North American oil and natural gas exploration and production company, with operations in the United States and Canada and marketing activities for its oil, natural gas liquids (NGLs) and natural gas. Its customers include refiners, local distributing companies, energy marketing companies and aggregators. The company reports two operating segments: USA Operations, which includes the Permian in Texas and Anadarko in Oklahoma, and Canadian Operations, centered on the Montney in Alberta and British Columbia. In 2025, the U.S. segment generated 64% of upstream production revenue excluding hedging, while Canada accounted for 36%. Ovintiv’s production averaged 614,500 barrels of oil equivalent per day in 2025, and it held approximately 1.8 million net acres across the two countries at year-end. Its portfolio includes oil, liquids-rich and natural gas properties, developed primarily through horizontal drilling. In 2025, Ovintiv acquired additional Montney assets and divested substantially all of its Uinta assets; it also completed the acquisition of NuVista Energy in February 2026. Its website is www.ovintiv.com.

Company details
Sector
Energy
Industry (SIC)
Oil & Gas Extraction
Headquarters
DENVER, CO
Fiscal year end
December
CIK
1792580
SIC
1311

Financial performance, year by year

Fiscal 2019–2025 · USD
$-7.95B$-2.38B$3.18B$8.75B$14.32B2019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ovintiv Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

502
funds hold it
0 of 35
superinvestors hold it
$7.91B
held by funds, at market
51.5%
of shares held by funds
9
bond issues held by funds

Largest fund holders · Ovintiv Inc.’s weight in each

0.31%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.40%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.18%of fund net assets
VANGUARD WINDSOR II FUND
VWNFX · VANGUARD WINDSOR FUNDS
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Ovintiv Inc.’s bonds, as funds hold them

Funds report holding 9 issues of Ovintiv Inc.’s debt, $603.46M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.83%, maturing 2030 to 2053.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Ovintiv Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Ovintiv Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Ovintiv Inc.'s last four quarterly filings that the numbers alone won't show?”
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