Ovintiv Inc. income statement
In fiscal 2025, Ovintiv Inc. reported revenue of $8.91bn, down 2.7% on the year before, operating income of $1.13bn (a 12.7% margin) and net income of $1.24bn, or $4.78 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.4 | 5.9 | 6.7 | 6.1 | 8.7 | 12.5 | 10.9 | 9.2 | 8.9 | 9.8 |
| General and administrative | 0.3 | 0.2 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 |
| Operating income | 1.1 | 1.7 | 0.6 | −5.4 | 1.5 | 3.9 | 2.9 | 1.6 | 1.1 | 0.9 |
| Interest expense | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 |
| Income before tax | 1.4 | 1.2 | 0.3 | −5.7 | 1.2 | 3.6 | 2.5 | 1.4 | 0.8 | 0.3 |
| Income tax | 0.6 | 0.1 | 0.1 | 0.4 | −0.2 | −0.1 | 0.4 | 0.2 | −0.5 | −0.6 |
| Net income | 0.8 | 1.1 | 0.2 | −6.1 | 1.4 | 3.6 | 2.1 | 1.1 | 1.2 | 0.9 |
| Diluted EPS | $4.25 | $5.57 | $0.90 | −$23.47 | $5.32 | $14.08 | $7.90 | $4.21 | $4.78 | $3.44 |
| Diluted shares (average) | 195m | 192m | 261m | 260m | 266m | 258m | 264m | 267m | 260m | 267m |
| EBITDA | 1.9 | 3.0 | 2.6 | −3.6 | 2.7 | 5.0 | 4.7 | 3.9 | 3.3 | 3.1 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,324 | 2,188 | 2,377 | 2,318 | 2,066 | 2,147 | 2,532 | 3,013 |
| General and administrative | 72 | 115 | 93 | 76 | 78 | 84 | 112 | 126 |
| Operating income | 527 | 2 | −89 | 511 | 273 | 436 | −754 | 994 |
| Interest expense | 103 | 106 | 97 | 95 | 91 | 93 | 104 | 100 |
| Income before tax | 558 | −101 | −193 | 399 | 192 | 372 | −827 | 539 |
| Income tax | 51 | −41 | −34 | 92 | 44 | −574 | −197 | 83 |
| Net income | 507 | −60 | −159 | 307 | 148 | 946 | −630 | 456 |
| Diluted EPS | $1.92 | −$0.20 | −$0.61 | $1.18 | $0.57 | $3.65 | −$2.35 | $1.62 |
| EBITDA | 1,126 | 547 | 456 | 1,067 | 818 | 969 | −193 | 1,513 |
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