Ovintiv Inc. balance sheet
At the end of fiscal 2025, Ovintiv Inc. had total assets of $20.39bn, total liabilities of $9.20bn and shareholders' equity of $11.20bn. It held $35.0m in cash against $5.23bn of debt: net debt of $5.19bn.
Balance sheet
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.7 | 1.1 | 0.2 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 |
| Total current assets | — | 2.7 | 1.9 | 1.2 | 1.6 | 1.7 | 1.7 | 1.4 | 1.5 | 2.2 |
| Goodwill | — | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.5 | 2.6 | 2.3 |
| Total assets | — | 15.2 | 21.5 | 14.5 | 14.1 | 15.1 | 20.0 | 19.3 | 20.4 | 19.3 |
| Total current liabilities | — | 2.1 | 2.4 | 2.4 | 2.7 | 2.8 | 2.8 | 2.7 | 2.8 | 2.2 |
| Short-term debt | — | 0.5 | 0.0 | 0.5 | 0.0 | 0.4 | 0.3 | 0.6 | 0.8 | 0.0 |
| Long-term debt | — | 3.7 | 7.0 | 6.4 | 4.8 | 3.2 | 5.5 | 4.9 | 4.4 | 3.7 |
| Total debt | 0.0 | 4.2 | 7.0 | 6.9 | 4.8 | 3.6 | 5.8 | 5.5 | 5.2 | 3.7 |
| Total liabilities | — | 7.7 | 11.6 | 10.6 | 9.0 | 7.4 | 9.6 | 8.9 | 9.2 | 7.8 |
| Shareholders' equity | 6.7 | 7.5 | 9.9 | 3.8 | 5.1 | 7.7 | 10.4 | 10.3 | 11.2 | 11.5 |
| Net debt (negative = net cash) | −0.7 | 3.1 | 6.8 | 6.9 | 4.6 | 3.6 | 5.8 | 5.4 | 5.2 | 3.0 |
| Shares outstanding | 195m | 191m | 260m | 260m | 258m | 246m | 272m | 260m | 253m | 277m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.5 | 1.4 | 1.4 | 1.2 | 1.2 | 1.5 | 1.8 | 2.2 |
| Goodwill | 2.6 | 2.5 | 2.5 | 2.6 | 2.6 | 2.6 | 2.8 | 2.3 |
| Total assets | 19.9 | 19.3 | 19.6 | 19.7 | 19.4 | 20.4 | 22.3 | 19.3 |
| Total current liabilities | 2.9 | 2.7 | 3.2 | 2.9 | 2.6 | 2.8 | 3.2 | 2.2 |
| Short-term debt | 1.0 | 0.6 | 1.1 | 0.9 | 0.8 | 0.8 | 0.9 | 0.0 |
| Long-term debt | 4.9 | 4.9 | 4.4 | 4.4 | 4.4 | 4.4 | 5.5 | 3.7 |
| Total debt | 5.9 | 5.5 | 5.5 | 5.3 | 5.2 | 5.2 | 6.4 | 3.7 |
| Total liabilities | 9.2 | 8.9 | 9.5 | 9.4 | 9.2 | 9.2 | 10.7 | 7.8 |
| Shareholders' equity | 10.7 | 10.3 | 10.1 | 10.4 | 10.2 | 11.2 | 11.6 | 11.5 |
| Shares outstanding | 260m | 260m | 261m | 257m | 253m | 253m | 283m | 277m |
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