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NYSE · Energy

Ovintiv Inc. (OVV)

As-reported financials and recent SEC filings for Ovintiv Inc., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Ovintiv Inc.

Ovintiv Inc. is an energy company that explores for, produces, and sells oil, natural gas, and natural gas liquids. It operates primarily in the United States and Canada. The company also provides natural gas gathering, processing, and other related services.

Snapshot

Revenue
$8.66B
Revenue growth (YoY)
-3.1%
Net income
$1.24B
Diluted EPS
$4.78
Gross margin
Operating margin
13.1%
Net margin
14.3%
FCF margin
17.4%
ROE
11.1%
P/E (TTM)
19.0×
Market cap
$16.68B
Debt / equity
0.4×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Ovintiv

  • Revenue fell 3.1% to $8.7B in FY2025, after a 16.1% decline the year before.
  • Operating margin is 13.1% in FY2025, -4.5 pp against 17.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $2.9B, up 29.7% from Q2 FY2025.
  • Free cash flow was $1.5B in FY2025, 17.4% of revenue.
  • Net income rose 10.4% to $1.2B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Ovintiv’s fundamentals sit among the 61 oil and gas companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin13.1%
53rd percentile of 50
Net margin14.3%
61st percentile of 58
FCF margin17.4%
63rd percentile of 20
Revenue growth (YoY)-3.1%
34th percentile of 59
ROE11.1%
65th percentile of 49
P/E (TTM)19.0×
64th percentile of 40
Debt / equity0.39×
44th percentile of 37
Short interest5.76d
61st percentile of 60

No open-market insider transactions recorded in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
2
+7 quant / multi-strat
Initiated / added
4
0 new, 4 added
Reduced / exited
5
5 trimmed, 0 exited
Combined position
$1.10B
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ1 2026$351.6M5.9MAdded
Millennium ManagementquantQ1 2026$347.6M5.9MAdded
AQR Capital ManagementquantQ1 2026$149.6M2.5MReduced
Point72 Asset ManagementquantQ1 2026$115.9M2.0MReduced
Two Sigma InvestmentsquantQ1 2026$72.6M1.2MAdded
Gotham Asset ManagementQ1 2026$23.8M401.6KAdded
Bridgewater AssociatesQ1 2026$22.0M370.0KReduced
D. E. ShawquantQ1 2026$15.9M267.2KReduced
Renaissance TechnologiesquantQ1 2026$5.9M98.7KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
14.3M
settled 2026-07-15
Change vs prior
-6.0%
vs previous settlement
Days to cover
5.76
at avg daily volume
Avg daily volume
2.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1514.3M-6.0%5.76
2026-06-3015.2M+17.3%3.82
2026-06-1512.9M+1.1%5.02
2026-05-2912.8M+12.9%3.61
2026-05-1511.3M+14.7%2.40
2026-04-309.9M+9.4%2.97
2026-04-159.0M+3.6%2.63
2026-03-318.7M-19.1%1.66

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$8.66B$8.94B$10.66B$12.46B$8.66B
Gross profit
Operating income$1.13B$1.58B$2.86B$3.85B$1.52B
Net income$1.24B$1.13B$2.08B$3.64B$1.42B
Diluted EPS$4.78$4.21$7.90$14.08$5.32

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$3.65B$3.72B$4.17B$3.87B$3.13B
Capital expenditure$2.15B$2.30B$2.74B$1.83B$1.52B
Free cash flow$1.50B$1.42B$1.42B$2.04B$1.61B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$2.87B29.7%$456.0M$1.62
Q1 FY2026$2.58B8.5%$-630.0M$-2.35
Q4 FY2025$2.05B-6.0%$946.0M$3.69
Q3 FY2025$2.02B-7.3%$148.0M$0.57
Q2 FY2025$2.21B1.0%$307.0M$1.18
Q1 FY2025$2.38B-0.5%$-159.0M$-0.61
Q4 FY2024$2.19B-22.1%$-60.0M$-0.23
Q3 FY2024$2.18B-25.2%$507.0M$1.92

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorEnergy
SIC industryCrude Petroleum & Natural Gas
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2019
SEC CIK1792580

Recent SEC filings

10-Q2026-07-23
View on EDGAR →
10-Q2026-05-11
View on EDGAR →
8-K2026-07-23
View on EDGAR →
8-K2026-05-11
View on EDGAR →
8-K2026-05-08
View on EDGAR →
8-K2026-04-09
View on EDGAR →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.