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Ovintiv Inc. cash flow statement

In fiscal 2025, Ovintiv Inc.'s operations generated $3.65bn of cash; it spent $2.15bn on capital projects, leaving free cash flow of $1.50bn. It returned $308m in dividends and $307m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations1,0502,3002,9211,8953,1293,8664,1673,7213,6524,454
Depreciation and amortisation8331,2722,0151,8341,1901,1131,8252,2902,1792,158
Stock-based pay110−46393313820247665759
Capital spending1,7961,9752,6261,7361,5191,8312,7442,3032,1472,188
Free cash flow−7463252951591,6102,0351,4231,4181,5052,266
Free cash flow after stock pay−8563712561261,4721,8331,3761,3521,4482,207
Dividends paid575610297122239307316308322
Share buybacks02501,2500111719426597307589

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Ovintiv Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ovintiv Inc.