Ovintiv Financial Statements From 2010 to 2024

Ovintiv Balance Sheet		Trends
Current Value Last Year Historical Average  10 Year Trend Total Assets 18.9 B 20 B 17.1 B Very volatile Short and Long Term Debt Total 7.8 B 6.7 B 6.9 B Very volatile Other Current Liabilities 3.8 M 4 M 350.2 M Pretty Stable Total Current Liabilities 2.3 B 2.8 B 2.3 B Pretty Stable Total Stockholder Equity 8.3 B 10.4 B 6.9 B Slightly volatile Property Plant And Equipment Net 13.7 B 15.5 B 11.4 B Pretty Stable Current Deferred Revenue 1.3 B 2.1 B 1.4 B Pretty Stable Net Debt 6.9 B 6.7 B 6.1 B Pretty Stable Accounts Payable 940.2 M 586 M 416.5 M Pretty Stable Cash 2.9 M 3 M 718.4 M Slightly volatile Non Current Assets Total 16.5 B 18.3 B 14.6 B Pretty Stable Non Currrent Assets Other 94 M 99 M 208.7 M Slightly volatile Cash And Short Term Investments 2.9 M 3 M 718.4 M Slightly volatile Net Receivables 1.1 B 1.5 B 1.3 B Very volatile Common Stock Total Equity 3.3 M 3.5 M 2.9 B Pretty Stable Common Stock Shares Outstanding 230.6 M 263.9 M 237.2 M Very volatile Liabilities And Stockholders Equity 18.9 B 20 B 17.1 B Very volatile Non Current Liabilities Total 8.3 B 6.8 B 7.9 B Pretty Stable Other Current Assets 271.7 M 286 M 419 M Slightly volatile Other Stockholder Equity 9.1 B 8.6 B 3.8 B Slightly volatile Total Liabilities 10.6 B 9.6 B 10.2 B Pretty Stable Property Plant And Equipment Gross 70.7 B 67.4 B 25.9 B Slightly volatile Total Current Assets 2.4 B 1.7 B 2.5 B Slightly volatile Short Term Debt 364.5 M 378 M 341 M Very volatile Common Stock 2.6 M 2.7 M 2.4 B Pretty Stable Intangible Assets 2.3 B 2.9 B 2.5 B Slightly volatile Good Will 2.6 B 2.6 B 2.5 B Slightly volatile Short Term Investments 49.2 M 59 M 51.5 M Pretty Stable Other Liabilities 486.5 M 512.1 M 1.7 B Slightly volatile Net Tangible Assets 4.4 B 5.9 B 3.9 B Slightly volatile Long Term Debt 5.4 B 5.5 B 5.1 B Very volatile Long Term Debt Total 4 B 2.9 B 4.9 B Slightly volatile Capital Surpluse 9.4 B 8.9 B 3.8 B Slightly volatile Deferred Long Term Liabilities 53.1 M 50.6 M 19.6 M Slightly volatile Long Term Investments 32.6 M 26 M 80.3 M Slightly volatile Property Plant Equipment 11.4 B 11.9 B 10.3 B Slightly volatile Capital Lease Obligations 1 B 946 M 1.4 B Slightly volatile Non Current Liabilities Other 20.9 M 22 M 157.4 M Slightly volatile Cash And Equivalents 4.3 M 4.5 M 534.9 M Slightly volatile Net Invested Capital 13.7 B 16.1 B 11.8 B Slightly volatile Short and Long Term Debt 339 M 284 M 463 M Slightly volatile Capital Stock 2.6 M 2.7 M 4.2 B Slightly volatile
Ovintiv Income Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Depreciation And Amortization 1.6 B 1.8 B 1.5 B Very volatile Interest Expense 467.4 M 355 M 414.7 M Pretty Stable Selling General Administrative 1.1 B 2.1 B 1.4 B Slightly volatile Total Revenue 7.9 B 10.9 B 7 B Slightly volatile Gross Profit 4.4 B 5.9 B 3.8 B Slightly volatile Other Operating Expenses 5.9 B 7.9 B 5.5 B Slightly volatile EBIT 2 B 3 B 1.5 B Slightly volatile EBITDA 3.6 B 4.8 B 3 B Slightly volatile Cost Of Revenue 3.5 B 5 B 3.2 B Slightly volatile Total Operating Expenses 2.4 B 2.9 B 2.3 B Slightly volatile Selling And Marketing Expenses 1.7 M 1.8 M 115.4 M Slightly volatile Interest Income 345.3 M 228.6 M 829.1 M Slightly volatile Reconciled Depreciation 1.6 B 1.8 B 1.2 B Slightly volatile
Ovintiv Cash Flow Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Begin Period Cash Flow 4.8 M 5 M 732.8 M Slightly volatile Depreciation 1.7 B 1.8 B 1.5 B Very volatile Dividends Paid 284.7 M 307 M 270.4 M Slightly volatile Capital Expenditures 3 B 2.7 B 2.3 B Pretty Stable Total Cash From Operating Activities 3.1 B 4.2 B 2.6 B Slightly volatile End Period Cash Flow 2.9 M 3 M 718.4 M Slightly volatile
Financial Ratios		Trends
Current Value Last Year Historical Average  10 Year Trend Price To Sales Ratio 1.2 1.0707 1.5252 Slightly volatile Dividend Yield 0.0343 0.0269 0.0354 Slightly volatile PTB Ratio 1.08 1.1008 1.4535 Slightly volatile Days Sales Outstanding 42.77 46.0487 58.1892 Slightly volatile Book Value Per Share 67.45 39.9 38.2265 Very volatile Operating Cash Flow Per Share 24.94 16.0331 14.348 Pretty Stable Capex To Depreciation 1.95 1.4881 1.6216 Slightly volatile PB Ratio 1.08 1.1008 1.4535 Slightly volatile EV To Sales 1.84 1.6973 2.4895 Slightly volatile Inventory Turnover 466 443 216 Slightly volatile Days Of Inventory On Hand 0.81 0.85 10.1264 Slightly volatile Payables Turnover 5.05 9.7201 8.4027 Slightly volatile Sales General And Administrative To Revenue 0.0267 0.0281 0.2024 Pretty Stable Capex To Revenue 0.43 0.2574 0.3669 Slightly volatile Cash Per Share 0.011 0.0115 5.1474 Slightly volatile POCF Ratio 3.5 2.7393 4.7134 Pretty Stable Capex To Operating Cash Flow 1.19 0.6585 1.0304 Slightly volatile Days Payables Outstanding 35.67 37.5509 44.9776 Slightly volatile EV To Operating Cash Flow 5.39 4.3424 7.5863 Pretty Stable Intangibles To Total Assets 0.088 0.13 0.1369 Slightly volatile Current Ratio 1.19 0.596 1.0967 Slightly volatile Tangible Book Value Per Share 53.76 29.9 26.3887 Very volatile Receivables Turnover 12.08 7.9264 7.1619 Slightly volatile Graham Number 142 84.8648 83.8877 Pretty Stable Shareholders Equity Per Share 67.45 39.9 38.2265 Very volatile Debt To Equity 0.58 0.5532 0.8587 Pretty Stable Capex Per Share 10.03 10.5579 12.7667 Slightly volatile Revenue Per Share 63.49 41.0196 38.5467 Very volatile Interest Debt Per Share 42.89 23.4398 33.3847 Slightly volatile Debt To Assets 0.22 0.287 0.3154 Pretty Stable Short Term Coverage Ratios 21.63 14.6725 8.0024 Slightly volatile Operating Cycle 73.69 46.0487 69.309 Slightly volatile Price Book Value Ratio 1.08 1.1008 1.4535 Slightly volatile Days Of Payables Outstanding 35.67 37.5509 44.9776 Slightly volatile Price To Operating Cash Flows Ratio 3.5 2.7393 4.7134 Pretty Stable Company Equity Multiplier 1.94 1.9274 2.5807 Slightly volatile Long Term Debt To Capitalization 0.31 0.3446 0.4281 Slightly volatile Total Debt To Capitalization 0.32 0.3562 0.44 Slightly volatile Debt Equity Ratio 0.58 0.5532 0.8587 Pretty Stable Quick Ratio 1.12 0.596 1.0657 Slightly volatile Dividend Paid And Capex Coverage Ratio 0.78 1.3658 1.0032 Slightly volatile Cash Ratio 0.001 0.0011 0.3161 Slightly volatile Operating Cash Flow Sales Ratio 0.42 0.3909 0.3673 Pretty Stable Days Of Inventory Outstanding 0.81 0.85 10.1264 Slightly volatile Days Of Sales Outstanding 42.77 46.0487 58.1892 Slightly volatile Cash Flow Coverage Ratios 0.68 0.7263 0.5259 Pretty Stable Price To Book Ratio 1.08 1.1008 1.4535 Slightly volatile Fixed Asset Turnover 0.48 0.6863 0.6366 Very volatile Capital Expenditure Coverage Ratio 0.86 1.5186 1.1253 Slightly volatile Price Cash Flow Ratio 3.5 2.7393 4.7134 Pretty Stable Debt Ratio 0.22 0.287 0.3154 Pretty Stable Cash Flow To Debt Ratio 0.68 0.7263 0.5259 Pretty Stable Price Sales Ratio 1.2 1.0707 1.5252 Slightly volatile Asset Turnover 0.47 0.5334 0.4377 Pretty Stable Gross Profit Margin 0.43 0.4657 0.5256 Pretty Stable Price Fair Value 1.08 1.1008 1.4535 Slightly volatile
Ovintiv Valuation Data		Trends
Current Value Last Year Historical Average  10 Year Trend Market Cap 10.2 B 7.9 B 9.4 B Very volatile Enterprise Value 14.1 B 12.9 B 14 B Pretty Stable

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About Ovintiv Financial Statements

Pair Trading with Ovintiv

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ovintiv position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ovintiv will appreciate offsetting losses from the drop in the long position's value.When determining whether Ovintiv is a strong investment it is important to analyze Ovintiv's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ovintiv's future performance. For an informed investment choice regarding Ovintiv Stock, refer to the following important reports:

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Earnings Projections Details

Please note, there is a significant difference between Ovintiv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ovintiv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ovintiv's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.