Ovintiv Profit Margin 2010-2023 | OVV
Current and historical gross margin, operating margin and net profit margin for Ovintiv (OVV) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Ovintiv net profit margin as of December 31, 2023 is 19.16%.
| Ovintiv Annual Profit Margins |
| Ovintiv Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Canadian Exploration & Production |
$14.324B |
$10.883B |
|
Ovintiv Inc. is an independent energy producer, which explores and churns out oil and natural gas from diverse assets located in the U.S. and Canada. Ovintiv acquired Newfield Exploration. A significant portion of the company's output comes from 3 core unconventional positions in N. America, Montney in British Columbia and Alberta, Anadarko Basin in Oklahoma and the Permian Basin in New Mexico. Its multi-basin premium portfolio also include acreage in N. Dakota's Bakken Shale and the Eagle Ford in Texas. It focuses on growth through a combination of acquisitions and active drilling. The company has consistently posted some of the strongest operational and financial results among the independent oil and gas producers.
|
