Ovintiv (OVV) Revenue & Revenue Breakdown
Ovintiv Revenue Highlights
Latest Revenue (Y)
$10.73B
Latest Revenue (Q)
$2.21B
Main Segment (Y)
Natural Gas
Main Geography (Y)
Canadian Operations
Ovintiv Revenue by Period
Ovintiv Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $10.73B | -13.90% |
| 2022-12-31 | $12.46B | 43.96% |
| 2021-12-31 | $8.66B | 42.24% |
| 2020-12-31 | $6.09B | -9.50% |
| 2019-12-31 | $6.73B | 13.25% |
| 2018-12-31 | $5.94B | 33.67% |
| 2017-12-31 | $4.44B | 52.26% |
| 2016-12-31 | $2.92B | -34.01% |
| 2015-12-31 | $4.42B | -44.86% |
| 2014-12-31 | $8.02B | 36.89% |
| 2013-12-31 | $5.86B | 13.53% |
| 2012-12-31 | $5.16B | -39.06% |
| 2011-12-31 | $8.47B | -4.54% |
| 2010-12-31 | $8.87B | -20.19% |
| 2009-12-31 | $11.11B | -63.03% |
| 2008-12-31 | $30.06B | 40.18% |
| 2007-12-31 | $21.45B | 30.78% |
| 2006-12-31 | $16.40B | 14.94% |
| 2005-12-31 | $14.27B | 20.80% |
| 2004-12-31 | $11.81B | 15.60% |
| 2003-12-31 | $10.22B | 60.65% |
| 2002-12-31 | $6.36B | 0.24% |
| 2001-12-31 | $6.34B | - |
Ovintiv generated $10.73B in revenue during NA 2023, up -13.90% compared to the previous quarter, and up 180.70% compared to the same period a year ago.
Ovintiv Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $2.21B | -11.65% |
| 2024-03-31 | $2.51B | -11.20% |
| 2023-12-31 | $2.82B | 6.53% |
| 2023-09-30 | $2.65B | 5.24% |
| 2023-06-30 | $2.52B | -1.33% |
| 2023-03-31 | $2.55B | -20.58% |
| 2022-12-31 | $3.21B | -9.50% |
| 2022-09-30 | $3.55B | -5.01% |
| 2022-06-30 | $3.74B | 89.93% |
| 2022-03-31 | $1.97B | -41.09% |
| 2021-12-31 | $3.34B | 86.64% |
| 2021-09-30 | $1.79B | 5.73% |
| 2021-06-30 | $1.69B | -7.94% |
| 2021-03-31 | $1.84B | 20.29% |
| 2020-12-31 | $1.53B | 28.40% |
| 2020-09-30 | $1.19B | 63.91% |
| 2020-06-30 | $726.00M | -72.53% |
| 2020-03-31 | $2.64B | 68.88% |
| 2019-12-31 | $1.56B | -16.35% |
| 2019-09-30 | $1.87B | -8.95% |
| 2019-06-30 | $2.06B | 66.40% |
| 2019-03-31 | $1.24B | -48.13% |
| 2018-12-31 | $2.38B | 88.67% |
| 2018-09-30 | $1.26B | 28.38% |
| 2018-06-30 | $983.00M | -25.13% |
| 2018-03-31 | $1.31B | 8.51% |
| 2017-12-31 | $1.21B | 40.53% |
| 2017-09-30 | $861.00M | -20.50% |
| 2017-06-30 | $1.08B | -16.50% |
| 2017-03-31 | $1.30B | 57.79% |
| 2016-12-31 | $822.00M | -16.04% |
| 2016-09-30 | $979.00M | 168.96% |
| 2016-06-30 | $364.00M | -51.66% |
| 2016-03-31 | $753.00M | -26.96% |
| 2015-12-31 | $1.03B | -21.42% |
| 2015-09-30 | $1.31B | 58.07% |
| 2015-06-30 | $830.00M | -33.55% |
| 2015-03-31 | $1.25B | -44.59% |
| 2014-12-31 | $2.25B | -1.36% |
| 2014-09-30 | $2.29B | 43.89% |
| 2014-06-30 | $1.59B | -16.07% |
| 2014-03-31 | $1.89B | 32.96% |
| 2013-12-31 | $1.42B | 2.23% |
| 2013-09-30 | $1.39B | -29.84% |
| 2013-06-30 | $1.98B | 87.35% |
| 2013-03-31 | $1.06B | -34.02% |
| 2012-12-31 | $1.60B | 56.59% |
| 2012-09-30 | $1.02B | 40.22% |
| 2012-06-30 | $731.00M | -59.37% |
| 2012-03-31 | $1.80B | -26.90% |
| 2011-12-31 | $2.46B | 4.59% |
| 2011-09-30 | $2.35B | 18.48% |
| 2011-06-30 | $1.99B | 19.14% |
| 2011-03-31 | $1.67B | 16.49% |
| 2010-12-31 | $1.43B | -40.99% |
| 2010-09-30 | $2.42B | 65.08% |
| 2010-06-30 | $1.47B | -58.56% |
| 2010-03-31 | $3.54B | -411.79% |
| 2009-12-31 | $-1.14B | -129.30% |
| 2009-09-30 | $3.88B | 3.16% |
| 2009-06-30 | $3.76B | -18.36% |
| 2009-03-31 | $4.61B | -30.55% |
| 2008-12-31 | $6.63B | -38.37% |
| 2008-09-30 | $10.77B | 47.06% |
| 2008-06-30 | $7.32B | 13.78% |
| 2008-03-31 | $6.43B | 11.20% |
| 2007-12-31 | $5.79B | - |
Ovintiv generated $2.21B in revenue during Q2 2024, up -11.65% compared to the previous quarter, and up 86.79% compared to the same period a year ago.
Ovintiv Revenue Breakdown
Ovintiv Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Natural Gas | $1.88B | - | - | - | - |
| Natural Gas Gathering And Processing | $7.00M | - | - | - | - |
| Natural Gas Liquids | $1.73B | - | - | - | - |
| Natural Gas Liquids Reserves | - | $2.43B | $2.07B | $970.00M | $1.34B |
| Natural Gas Reserves | - | $3.87B | $2.75B | $1.86B | $2.03B |
| Oil | - | $7.96B | $5.64B | $2.67B | $3.64B |
Ovintiv's latest annual revenue breakdown by segment (product or service), as of Dec 23: Natural Gas (51.93%), Natural Gas Liquids (47.87%), and Natural Gas Gathering And Processing (0.19%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural Gas | $228.00M | $381.00M | $1.12B | $405.00M | $358.00M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Natural Gas Gathering And Processing | $1.00M | $2.00M | $2.00M | $1.00M | $3.00M | $1.00M | $2.00M | $1.00M | $1.00M | $2.00M | $6.00M | $2.00M | - | - | - | - | - | - |
| Natural Gas Liquids | - | $430.00M | $899.00M | $435.00M | $400.00M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Natural Gas Liquids Reserves | - | - | - | - | - | $441.00M | $496.00M | $600.00M | $703.00M | $632.00M | $604.00M | $561.00M | $475.00M | $429.00M | $316.00M | $237.00M | $150.00M | $267.00M |
| Natural Gas Reserves | - | - | - | - | - | $690.00M | $948.00M | $1.05B | $1.07B | $808.00M | $850.00M | $682.00M | $532.00M | $681.00M | $560.00M | $453.00M | $403.00M | $449.00M |
| Oil | - | - | - | - | - | - | $1.75B | $1.99B | $2.25B | $1.97B | $1.57B | $1.48B | $1.46B | $1.13B | $710.00M | $636.00M | $468.00M | $854.00M |
Ovintiv's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Natural Gas (99.56%), and Natural Gas Gathering And Processing (0.44%).
Ovintiv Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Canadian Operations | $2.21B | - | - | - | - |
| CANADA | - | $2.90B | $2.16B | $1.69B | $1.70B |
| UNITED STATES | - | $9.56B | $6.49B | $4.40B | $4.99B |
| CHINA | - | - | - | - | $37.00M |
Ovintiv's latest annual revenue breakdown by geography, as of Dec 23: Canadian Operations (100.00%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Canadian Operations | $460.00M | $491.00M | $617.00M | $518.00M | $468.00M | $612.00M | $507.00M | $396.00M | $537.00M | $551.00M | $483.00M | $556.00M | $535.00M | $555.00M | $462.00M | $359.00M | $348.00M | $387.00M |
| China Operations Excluding Intercompany Segment Transactions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Ovintiv's latest quarterly revenue breakdown by geography, as of Jun 24: Canadian Operations (100.00%).
Ovintiv Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CNQ | Canadian Natural Resources | $35.97B | $8.24B |
| OVV | Ovintiv | $10.73B | $2.21B |
| EQT | EQT | $7.53B | $891.18M |
| SWN | Southwestern Energy Company | $4.17B | $659.00M |
| BTE | Baytex Energy | $3.38B | $775.02M |
| CPG | Veren | $3.19B | $1.02B |
| PR | Permian Resources | $3.12B | $1.25B |
| RRC | Range Resources | $2.55B | $513.24M |
| VET | Vermilion Energy | $2.20B | $497.85M |
| CRK | Comstock Resources | $1.57B | $186.28M |
| VTLE | Vital Energy | $1.55B | $476.37M |
| SD | SandRidge Energy | $148.64M | $25.98M |
OVV Revenue FAQ
What is Ovintiv’s yearly revenue?
Ovintiv's yearly revenue for 2023 was $10.73B, representing a decrease of -13.90% compared to 2022. The company's yearly revenue for 2022 was $12.46B, representing an increase of 43.96% compared to 2021. OVV's yearly revenue for 2021 was $8.66B, representing an increase of 42.24% compared to 2020.
What is Ovintiv’s quarterly revenue?
Ovintiv's quarterly revenue for Q2 2024 was $2.21B, a -11.65% decrease from the previous quarter (Q1 2024), and a -12.04% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.51B, a -11.20% decrease from the previous quarter (Q4 2023), and a -1.76% decrease year-over-year (Q1 2023). OVV's quarterly revenue for Q4 2023 was $2.82B, a 6.53% increase from the previous quarter (Q3 2023), and a -12.14% decrease year-over-year (Q4 2022).
What is Ovintiv’s revenue growth rate?
Ovintiv's revenue growth rate for the last 3 years (2021-2023) was 23.95%, and for the last 5 years (2019-2023) was 59.56%.
What are Ovintiv’s revenue streams?
Ovintiv's revenue streams in c 23 are Natural Gas, Natural Gas Gathering And Processing, and Natural Gas Liquids. Natural Gas generated $1.88B in revenue, accounting 51.93% of the company's total revenue Natural Gas Gathering And Processing generated $7M in revenue, accounting 0.19% of the company's total revenue Natural Gas Liquids generated $1.73B in revenue, accounting 47.87% of the company's total revenue
What is Ovintiv’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Ovintiv was Natural Gas. This segment made a revenue of $1.88B, representing 51.93% of the company's total revenue.