Ovintiv Gross Profit 2010-2023 | OVV
Ovintiv annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Ovintiv gross profit for the quarter ending December 31, 2023 was $1.836B, a 18.3% increase year-over-year.
- Ovintiv gross profit for the twelve months ending December 31, 2023 was $5.101B, a 5.64% decline year-over-year.
- Ovintiv annual gross profit for 2023 was $5.101B, a 5.64% decline from 2022.
- Ovintiv annual gross profit for 2022 was $5.406B, a 70.38% increase from 2021.
- Ovintiv annual gross profit for 2021 was $3.173B, a 29.99% increase from 2020.
Ovintiv Annual Gross Profit
(Millions of US $) |
| 2023 |
$5,101 |
| 2022 |
$5,406 |
| 2021 |
$3,173 |
| 2020 |
$2,441 |
| 2019 |
$3,139 |
| 2018 |
$3,155 |
| 2017 |
$2,192 |
| 2016 |
$734 |
| 2015 |
$1,980 |
| 2014 |
$4,455 |
| 2013 |
$2,948 |
| 2012 |
$3,580 |
| 2011 |
$6,656 |
| 2010 |
$6,211 |
| 2009 |
$8,203 |
Ovintiv Quarterly Gross Profit
(Millions of US $) |
| 2023-12-31 |
$1,836 |
| 2023-09-30 |
$1,038 |
| 2023-06-30 |
$1,122 |
| 2023-03-31 |
$1,105 |
| 2022-12-31 |
$1,552 |
| 2022-09-30 |
$1,771 |
| 2022-06-30 |
$1,870 |
| 2022-03-31 |
$213 |
| 2021-12-31 |
$1,820 |
| 2021-09-30 |
$403 |
| 2021-06-30 |
$319 |
| 2021-03-31 |
$631 |
| 2020-12-31 |
$628 |
| 2020-09-30 |
$323 |
| 2020-06-30 |
$-142 |
| 2020-03-31 |
$1,632 |
| 2019-12-31 |
$642 |
| 2019-09-30 |
$950 |
| 2019-06-30 |
$1,161 |
| 2019-03-31 |
$386 |
| 2018-12-31 |
$1,680 |
| 2018-09-30 |
$533 |
| 2018-06-30 |
$291 |
| 2018-03-31 |
$651 |
| 2017-12-31 |
$598 |
| 2017-09-30 |
$301 |
| 2017-06-30 |
$548 |
| 2017-03-31 |
$745 |
| 2016-12-31 |
$221 |
| 2016-09-30 |
$415 |
| 2016-06-30 |
$-124 |
| 2016-03-31 |
$222 |
| 2015-12-31 |
$468 |
| 2015-09-30 |
$716 |
| 2015-06-30 |
$216 |
| 2015-03-31 |
$580 |
| 2014-12-31 |
$1,337 |
| 2014-09-30 |
$1,234 |
| 2014-06-30 |
$835 |
| 2014-03-31 |
$1,049 |
| 2013-12-31 |
$127 |
| 2013-09-30 |
$691 |
| 2013-06-30 |
$1,528 |
| 2013-03-31 |
$602 |
| 2012-12-31 |
$1,196 |
| 2012-09-30 |
$643 |
| 2012-06-30 |
$353 |
| 2012-03-31 |
$1,388 |
| 2011-12-31 |
$2,042 |
| 2011-09-30 |
$1,894 |
| 2011-06-30 |
$1,498 |
| 2011-03-31 |
$1,222 |
| 2010-12-31 |
$144 |
| 2010-09-30 |
$1,970 |
| 2010-06-30 |
$1,043 |
| 2010-03-31 |
$3,054 |
| 2009-12-31 |
$6,255 |
| 2009-09-30 |
$1,240 |
| 2009-06-30 |
$1,512 |
| 2009-03-31 |
$3,045 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Canadian Exploration & Production |
$14.292B |
$10.883B |
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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.
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