10x Insights
Loading account…
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; TSX: OVV) is a leading North American oil and natural gas exploration and production company focused on developing a multi-basin portfolio of high-quality assets located in the United States and Canada. The company's operations are organized into two reportable segments: USA Operations and… From the company’s description.

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; TSX: OVV) is a leading North American oil and natural gas exploration and production company focused on developing a multi-basin portfolio of high-quality assets located in the United States and Canada. The company's operations are organized into two reportable segments: USA Operations and Canadian Operations, which accounted for 64 percent and 36 percent of upstream production revenues respectively as of December 31, 2025.

The company's primary business involves the exploration for, development of, and production and marketing of oil, natural gas liquids, and natural gas. USA Operations encompasses the Permian basin in west Texas and the Anadarko basin in west-central Oklahoma, while Canadian Operations focuses on the Montney formation in northwest Alberta and northeast British Columbia. In 2025, the company drilled 231 net wells across its portfolio and maintained an established land position of approximately 1.8 million net acres.

Ovintiv's operational scale is substantial, with total proved reserves of 2,325.1 million barrels of oil equivalent as of December 31, 2025, comprising 442.7 million barrels of oil, 726.8 million barrels of natural gas liquids, and 6,933 billion cubic feet of natural gas. The company operates approximately 4,976 net productive wells across its portfolio. In 2025, total production averaged 614.5 thousand barrels of oil equivalent per day, with capital investments of approximately $2.143 billion.

The company's strategy emphasizes execution excellence through responsible multi-zone development and continuous innovation, disciplined capital allocation focused on high-quality assets, commercial acumen and risk management through supply chain expertise, and sustainability progress. Ovintiv maintains access to significant processing and transportation infrastructure, including natural gas processing capacity of approximately 1,925 million cubic feet per day and liquids handling capacity of approximately 165 thousand barrels per day in its Canadian operations.

The company website is located at 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?”
See how it works →All research tools with a subscription. Use your own AI account.