Cash flow Ovintiv Inc.

Equities

OVV

US69047Q1022

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:02 2025-12-05 pm EST			5-day change	1st Jan Change
42.28 ^USD	0.00%		+3.22%	+4.40%

Nov. 27	CIBC Raises Price Targets on Suncor, Ovintiv	MT
Nov. 26	William Blair Initiates Ovintiv at Outperform	MT

3401097d9f713e38b340ce4ee7981c.ffwBz_F9kQ69ZrxOG8YufgA6IK-rzsEan16ISqZjZ4A.B7dSlaYM4XiICvUUa5NvGmZlQ-Lzhqlg5yjGeNQOF_c-kjigphjjWIUAjA

Published financial data: OVINTIV INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	5.51B	10.47B	14.26B	10.66B	8.94B
Other Revenues, Total	-	-	-	-	-
Total Revenues	5.51B	10.47B	14.26B	10.66B	8.94B
Cost of Goods Sold, Total	3.54B	5.4B	6.98B	5.7B	4.35B
Gross Profit	1.97B	5.07B	7.28B	4.96B	4.6B
Selling General & Admin Expenses, Total	342M	433M	422M	328M	363M
Depreciation & Amortization - (IS)	1.83B	1.19B	1.11B	1.82B	2.29B
Other Operating Expenses	-478M	1.9B	1.88B	-132M	-116M
Other Operating Expenses, Total	1.7B	3.53B	3.42B	2.02B	2.54B
Operating Income	273M	1.54B	3.86B	2.94B	2.06B
Interest Expense, Total	-371M	-340M	-311M	-355M	-412M
Interest And Investment Income	5M	14M	-	11M	7M
Net Interest Expenses	-366M	-326M	-311M	-344M	-405M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-17M	23M	-15M	-19M	19M
Other Non Operating Income (Expenses)	20M	17M	28M	5M	154M
EBT, Excl. Unusual Items	-90M	1.25B	3.56B	2.59B	1.83B
Restructuring Charges	-90M	-14M	-	-	-27M
Merger & Related Restructuring Charges	-	-	-	-76M	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-5.58B	-	-	-	-450M
Other Unusual Items	30M	-	-	-	-
EBT, Incl. Unusual Items	-5.73B	1.24B	3.56B	2.51B	1.35B
Income Tax Expense	367M	-177M	-77M	425M	226M
Earnings From Continuing Operations	-6.1B	1.42B	3.64B	2.08B	1.12B
Net Income to Company	-6.1B	1.42B	3.64B	2.08B	1.12B
Net Income - (IS)	-6.1B	1.42B	3.64B	2.08B	1.12B
Net Income to Common Incl Extra Items	-6.1B	1.42B	3.64B	2.08B	1.12B
Net Income to Common Excl. Extra Items	-6.1B	1.42B	3.64B	2.08B	1.12B
Per Share Items
Net EPS - Basic	-23.47	5.44	14.34	8.02	4.25
Basic EPS - Continuing Operations	-23.47	5.44	14.34	8.02	4.25
Basic Weighted Average Shares Outstanding	260M	260M	254M	260M	265M
Net EPS - Diluted	-23.47	5.32	14.08	7.9	4.21
Diluted EPS - Continuing Operations	-23.47	5.32	14.08	7.9	4.21
Diluted Weighted Average Shares Outstanding	260M	266M	258M	264M	267M
Normalized Basic EPS	-0.22	3.01	8.77	6.22	4.32
Normalized Diluted EPS	-0.22	2.94	8.61	6.12	4.27
Dividend Per Share	0.38	0.47	0.95	1.15	1.2
Payout Ratio	-1.59	8.62	6.57	14.72	28.09
Supplemental Items
EBITDA	2.14B	2.75B	4.99B	4.79B	4.37B
EBITA	302M	1.56B	3.88B	2.96B	2.08B
EBIT	273M	1.54B	3.86B	2.94B	2.06B
EBITDAR	2.29B	2.88B	5.1B	4.95B	4.55B
Total Revenues (As Reported)	6.09B	8.66B	12.46B	10.88B	9.15B
Effective Tax Rate - (Ratio)	-6.4	-14.29	-2.16	16.93	16.73
Current Domestic Taxes	-12M	-	10M	12M	8M
Current Foreign Taxes	-2M	-156M	-	269M	74M
Total Current Taxes	-14M	-156M	10M	281M	82M
Deferred Domestic Taxes	-187M	1M	-275M	248M	228M
Deferred Foreign Taxes	568M	-22M	188M	-104M	-84M
Total Deferred Taxes	381M	-21M	-87M	144M	144M
Normalized Net Income	-56.25M	783M	2.22B	1.62B	1.14B
Interest on Long-Term Debt	371M	340M	311M	355M	412M
Non-Cash Pension Expense	2M	-	-	2M	1M
Supplemental Operating Expense Items
General and Administrative Expenses	191M	308M	321M	216M	237M
Net Rental Expense, Total	151M	131M	106M	161M	185M
Imputed Operating Lease Interest Expense	55.15M	51.69M	51.36M	81.82M	93.99M
Imputed Operating Lease Depreciation	95.85M	79.31M	54.64M	79.18M	91.01M
Stock-Based Comp., COGS (Total)	10M	31M	38M	25M	26M
Stock-Based Comp., G&A Exp. (Total)	23M	107M	164M	22M	40M
Total Stock-Based Compensation	33M	138M	202M	47M	66M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	10M	195M	5M	3M	42M
Short Term Investments	38M	67M	70M	59M	42M
Total Cash And Short Term Investments	48M	262M	75M	62M	84M
Accounts Receivable, Total	867M	1.2B	1.49B	1.33B	1.08B
Other Receivables	272M	97M	43M	17M	36M
Total Receivables	1.14B	1.3B	1.53B	1.34B	1.12B
Prepaid Expenses	23M	28M	38M	55M	56M
Other Current Assets, Total	37M	1M	53M	214M	108M
Total Current Assets	1.25B	1.59B	1.7B	1.68B	1.37B
Gross Property Plant And Equipment	58.75B	59.25B	59.98B	67.37B	68.43B
Accumulated Depreciation	-48.31B	-49.56B	-49.64B	-51.84B	-53.27B
Net Property Plant And Equipment	10.44B	9.69B	10.34B	15.53B	15.15B
Long-term Investments	30M	27M	21M	26M	33M
Goodwill	2.62B	2.63B	2.58B	2.6B	2.55B
Deferred Tax Assets Long-Term	-	-	271M	53M	10M
Deferred Charges Long-Term	8M	42M	44M	44M	49M
Other Long-Term Assets, Total	118M	81M	103M	55M	95M
Total Assets	14.47B	14.06B	15.06B	19.99B	19.25B
Liabilities
Accounts Payable, Total	306M	328M	436M	586M	435M
Accrued Expenses, Total	1.02B	1.41B	1.45B	1.27B	1.16B
Current Portion of Long-Term Debt	518M	-	393M	284M	600M
Current Portion of Leases	150M	68M	82M	94M	90M
Current Income Taxes Payable	3M	4M	4M	232M	9M
Other Current Liabilities	422M	942M	418M	342M	391M
Total Current Liabilities	2.42B	2.75B	2.78B	2.81B	2.68B
Long-Term Debt	6.37B	4.79B	3.18B	5.45B	4.85B
Long-Term Leases	977M	922M	841M	852M	749M
Pension & Other Post Retirement Benefits	129M	104M	73M	74M	74M
Deferred Tax Liability Non Current	20M	4M	184M	110M	202M
Other Non Current Liabilities	716M	417M	312M	316M	364M
Total Liabilities	10.63B	8.98B	7.37B	9.62B	8.92B
Common Stock, Total	3M	3M	3M	3M	3M
Additional Paid In Capital	8.53B	8.46B	7.78B	8.62B	8.04B
Retained Earnings	-5.77B	-4.48B	-1.08B	697M	1.51B
Comprehensive Income and Other	1.08B	1.09B	991M	1.05B	777M
Total Common Equity	3.84B	5.07B	7.69B	10.37B	10.33B
Total Equity	3.84B	5.07B	7.69B	10.37B	10.33B
Total Liabilities And Equity	14.47B	14.06B	15.06B	19.99B	19.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	260M	257M	244M	270M	260M
ECS Total Common Shares Outstanding	260M	258M	246M	272M	260M
Book Value / Share	14.77	19.67	31.29	38.17	39.67
Tangible Book Value	1.21B	2.45B	5.1B	7.77B	7.78B
Tangible Book Value Per Share	4.66	9.48	20.78	28.6	29.9
Total Debt	8.01B	5.78B	4.49B	6.68B	6.29B
Net Debt	7.96B	5.51B	4.42B	6.62B	6.21B
Debt Equivalent of Unfunded Proj. Benefit Obligation	18M	15M	16M	15M	14M
Debt Equivalent Oper. Leases	1.21B	1.05B	848M	1.29B	1.48B
Account Code - Inventory Valuation	3	3	-	-	-
Full Time Employees	1.92K	1.71K	-	1.74K	1.62K
Accumulated Allowance for Doubtful Accounts (Supple)	4M	5M	4M	5M	5M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-6.1B	1.42B	3.64B	2.08B	1.12B
Depreciation & Amortization - CF	1.83B	1.19B	1.11B	1.82B	2.29B
Amortization of Goodwill and Intangible Assets - (CF)	29M	22M	18M	19M	19M
Depreciation & Amortization, Total	1.86B	1.21B	1.13B	1.84B	2.31B
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	5.58B	-	-	-	450M
Other Operating Activities, Total	583M	581M	-658M	-30M	158M
Change In Accounts Receivable	146M	-333M	-304M	352M	256M
Change In Accounts Payable	-26M	275M	50M	-304M	-247M
Change In Income Taxes	30M	24M	53M	271M	-250M
Change in Other Net Operating Assets	-184M	-46M	-43M	-51M	-80M
Cash from Operations	1.9B	3.13B	3.87B	4.17B	3.72B
Capital Expenditure	-1.76B	-1.53B	-1.83B	-3.02B	-2.51B
Sale of Property, Plant, and Equipment	89M	1.02B	-	-	163M
Cash Acquisitions	-	-	-286M	-3.22B	12M
Divestitures	-	-	228M	772M	-
Investment in Marketable and Equity Securities, Total	-198M	-20M	103M	-45M	-124M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-1.86B	-525M	-1.79B	-5.52B	-2.46B
Long-Term Debt Issued, Total	252M	-	393M	2.28B	-
Total Debt Issued	252M	-	393M	2.28B	-
Long-Term Debt Repaid, Total	-361M	-2.19B	-1.7B	-186M	-318M
Total Debt Repaid	-361M	-2.19B	-1.7B	-186M	-318M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-111M	-719M	-426M	-597M
Common Dividends Paid	-97M	-122M	-239M	-307M	-316M
Common & Preferred Stock Dividends Paid	-97M	-122M	-239M	-307M	-316M
Cash from Financing	-206M	-2.42B	-2.27B	1.36B	-1.23B
Foreign Exchange Rate Adjustments	-5M	-	-2M	-9M	6M
Net Change in Cash	-180M	185M	-190M	-2M	39M
Supplemental Items
Cash Interest Paid	385M	370M	376M	-	426M
Cash Income Tax Paid (Refund)	-52M	-176M	-38M	-	295M
Levered Free Cash Flow	8.75M	1.37B	1.05B	623M	783M
Unlevered Free Cash Flow	241M	1.58B	1.24B	845M	1.04B
Change In Net Working Capital	71M	-799M	670M	-135M	114M
Net Debt Issued / Repaid	-109M	-2.19B	-1.31B	2.09B	-318M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.95	6.74	16.57	10.5	6.56
Return on Total Capital	1.14	8.48	20.94	12.59	7.65
Return On Equity %	-88.57	31.78	56.99	23.09	10.87
Return on Common Equity	-88.57	31.78	56.99	23.09	10.87
Margin Analysis
Gross Profit Margin %	35.78	48.4	51.03	46.57	51.4
SG&A Margin	6.21	4.14	2.96	3.08	4.06
EBITDA Margin %	38.77	26.28	34.98	44.91	48.85
EBITA Margin %	5.48	14.91	27.18	27.79	23.25
EBIT Margin %	4.96	14.7	27.05	27.61	23.03
Income From Continuing Operations Margin %	-110.67	13.53	25.5	19.56	12.58
Net Income Margin %	-110.67	13.53	25.5	19.56	12.58
Net Avail. For Common Margin %	-110.67	13.53	25.5	19.56	12.58
Normalized Net Income Margin	-1.02	7.48	15.6	15.16	12.78
Levered Free Cash Flow Margin	0.16	13.07	7.35	5.84	8.76
Unlevered Free Cash Flow Margin	4.37	15.1	8.72	7.93	11.63
Asset Turnover
Asset Turnover	0.31	0.73	0.98	0.61	0.46
Fixed Assets Turnover	0.41	1.04	1.42	0.82	0.58
Receivables Turnover (Average Receivables)	5.47	10.13	10.62	7.58	7.41
Short Term Liquidity
Current Ratio	0.51	0.58	0.61	0.6	0.51
Quick Ratio	0.49	0.57	0.58	0.5	0.45
Operating Cash Flow to Current Liabilities	0.78	1.14	1.39	1.48	1.39
Days Sales Outstanding (Average Receivables)	66.87	36.02	34.36	48.17	49.38
Average Days Payable Outstanding	34.19	21.42	19.96	32.74	42.99
Long Term Solvency
Total Debt/Equity	208.81	113.84	58.43	64.45	60.9
Total Debt / Total Capital	67.62	53.24	36.88	39.19	37.85
LT Debt/Equity	191.4	112.5	52.26	60.8	54.23
Long-Term Debt / Total Capital	61.98	52.61	32.98	36.97	33.7
Total Liabilities / Total Assets	73.48	63.9	48.93	48.12	46.34
EBIT / Interest Expense	0.74	4.53	12.41	8.29	5
EBITDA / Interest Expense	6.16	8.48	16.38	13.94	11.05
(EBITDA - Capex) / Interest Expense	1.43	3.98	10.5	5.43	4.97
Total Debt / EBITDA	3.5	2	0.88	1.35	1.38
Net Debt / EBITDA	3.48	1.91	0.87	1.34	1.36
Total Debt / (EBITDA - Capex)	15.06	4.27	1.38	3.47	3.08
Net Debt / (EBITDA - Capex)	14.97	4.08	1.35	3.43	3.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-21.45	90.02	36.25	-25.25	-16.11
Gross Profit, 1 Yr. Growth %	-44.26	157.08	43.64	-31.78	-7.41
EBITDA, 1 Yr. Growth %	-23.19	28.79	81.35	-4.03	-7.28
EBITA, 1 Yr. Growth %	-60.57	416.89	148.3	-23.56	-27.99
EBIT, 1 Yr. Growth %	-62.55	463.74	150.68	-23.69	-28.17
Earnings From Cont. Operations, 1 Yr. Growth %	-2.71K	-123.22	156.85	-42.67	-46.04
Net Income, 1 Yr. Growth %	-2.71K	-123.22	156.85	-42.67	-46.04
Normalized Net Income, 1 Yr. Growth %	-118.63	-1.49K	184.12	-27.36	-27.17
Diluted EPS Before Extra, 1 Yr. Growth %	-2.72K	-122.67	164.66	-43.89	-46.71
Accounts Receivable, 1 Yr. Growth %	-24.35	38.29	23.94	-10.63	-18.3
Net Property, Plant and Equip., 1 Yr. Growth %	-35.7	-7.19	6.69	50.26	-2.46
Total Assets, 1 Yr. Growth %	-32.66	-2.86	7.12	32.75	-3.67
Tangible Book Value, 1 Yr. Growth %	-83.44	101.82	108.71	52.22	0.18
Common Equity, 1 Yr. Growth %	-61.36	32.24	51.54	34.87	-0.38
Cash From Operations, 1 Yr. Growth %	-35.12	65.12	23.55	7.79	-10.7
Capital Expenditures, 1 Yr. Growth %	-34.78	-12.82	20.54	42.7	-16.98
Levered Free Cash Flow, 1 Yr. Growth %	-97.73	15.54K	-23.96	-18.32	36.03
Unlevered Free Cash Flow, 1 Yr. Growth %	-61.48	556.99	-21.9	-11.73	30.47
Dividend Per Share, 1 Yr. Growth %	0	24.67	103.21	21.05	4.35
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.48	22.17	60.9	0.92	-20.82
Gross Profit, 2 Yr. CAGR %	-14.13	21.61	97.65	-0.18	-20.12
EBITDA, 2 Yr. CAGR %	-15.59	-0.54	52.83	32.24	-6.42
EBITA, 2 Yr. CAGR %	-58.17	42.75	258.25	38.35	-26.76
EBIT, 2 Yr. CAGR %	-59.86	45.3	275.92	38.9	-26.93
Earnings From Cont. Operations, 2 Yr. CAGR %	138.82	145.99	-22.77	21.34	-44.38
Net Income, 2 Yr. CAGR %	138.82	145.99	-22.77	21.34	-44.38
Normalized Net Income, 2 Yr. CAGR %	-72.12	61.07	528.93	44.47	-28.34
Diluted EPS Before Extra, 2 Yr. CAGR %	105.31	143.69	-22.55	21.86	-45.32
Accounts Receivable, 2 Yr. CAGR %	8.98	2.29	30.92	5.24	-14.55
Net Property, Plant and Equip., 2 Yr. CAGR %	7.88	-22.75	-0.49	26.61	21.06
Total Assets, 2 Yr. CAGR %	-2.89	-19.12	2.01	19.25	13.09
Tangible Book Value, 2 Yr. CAGR %	-50.24	-42.19	105.23	78.24	23.49
Common Equity, 2 Yr. CAGR %	-28.22	-28.52	41.56	42.96	15.91
Cash From Operations, 2 Yr. CAGR %	-9.23	3.5	42.83	15.4	-1.89
Capital Expenditures, 2 Yr. CAGR %	-6.14	-24.6	2.7	40.52	8.84
Levered Free Cash Flow, 2 Yr. CAGR %	-70.51	88.31	514.8	-32.32	1.31
Unlevered Free Cash Flow, 2 Yr. CAGR %	42.35	59.09	118.83	-26.7	4.26
Dividend Per Share, 2 Yr. CAGR %	11.8	11.65	59.16	56.84	12.39
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.28	24.25	26.7	24.62	-5.11
Gross Profit, 3 Yr. CAGR %	6.3	23.76	28.55	38.64	-2.65
EBITDA, 3 Yr. CAGR %	3.19	-2.83	21.51	30.87	16.86
EBITA, 3 Yr. CAGR %	-35.22	-3.29	71.68	114.08	10.33
EBIT, 3 Yr. CAGR %	-36.65	-3.15	74.27	120.93	10.52
Earnings From Cont. Operations, 3 Yr. CAGR %	94.63	9.82	149.56	-30.07	-7.38
Net Income, 3 Yr. CAGR %	94.63	9.82	149.56	-30.07	-7.38
Normalized Net Income, 3 Yr. CAGR %	-55.57	2.66	94.61	206.29	13.84
Diluted EPS Before Extra, 3 Yr. CAGR %	76.76	-1.51	150.49	-30.44	-7.5
Accounts Receivable, 3 Yr. CAGR %	6.59	17.99	9.05	15.27	-3.28
Net Property, Plant and Equip., 3 Yr. CAGR %	5.25	2.6	-13.97	14.16	16.07
Total Assets, 3 Yr. CAGR %	-1.77	-2.88	-11.18	11.37	11.06
Tangible Book Value, 3 Yr. CAGR %	-33.49	-20.64	-11.32	85.78	47.1
Common Equity, 3 Yr. CAGR %	-17.07	-12.01	-8.17	39.29	26.74
Cash From Operations, 3 Yr. CAGR %	21.75	10.8	9.79	30.04	5.95
Capital Expenditures, 3 Yr. CAGR %	-1.74	-8.42	-12.05	20.28	17.91
Levered Free Cash Flow, 3 Yr. CAGR %	-77.66	138.69	39.56	182.12	-16.81
Unlevered Free Cash Flow, 3 Yr. CAGR %	-24.44	137	25.79	48.2	-12.86
Dividend Per Share, 3 Yr. CAGR %	7.72	15.94	36.32	45.29	36.92
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.54	27.38	29.66	14.33	4.98
Gross Profit, 5 Yr. CAGR %	7.27	40.12	34.7	13.18	6.06
EBITDA, 5 Yr. CAGR %	3.88	43.07	20.74	9.82	9.46
EBITA, 5 Yr. CAGR %	1.67	31.3	28.39	11.41	22.1
EBIT, 5 Yr. CAGR %	3.22	27.82	29.14	11.69	23.09
Earnings From Cont. Operations, 5 Yr. CAGR %	3.37	8.45	34.48	14.29	36.89
Net Income, 5 Yr. CAGR %	3.37	8.45	34.48	14.29	36.89
Normalized Net Income, 5 Yr. CAGR %	-42.93	16.66	28.25	17.43	30.5
Diluted EPS Before Extra, 5 Yr. CAGR %	-5.66	-0.11	27.07	7.25	36.27
Accounts Receivable, 5 Yr. CAGR %	7.57	13.59	15.72	12.71	-1.09
Net Property, Plant and Equip., 5 Yr. CAGR %	1.16	3.55	2.92	11.6	-1.37
Total Assets, 5 Yr. CAGR %	-1.51	-0.83	-0.28	5.43	-2.17
Tangible Book Value, 5 Yr. CAGR %	-18.53	-6.08	4.39	9.69	1.24
Common Equity, 5 Yr. CAGR %	-9.05	-3.7	2.71	6.85	0.79
Cash From Operations, 5 Yr. CAGR %	2.43	38.01	29.78	12.62	4.96
Capital Expenditures, 5 Yr. CAGR %	-5.28	2.66	-0.21	8.69	-1.4
Levered Free Cash Flow, 5 Yr. CAGR %	-59.38	30.32	5.98	44	15.2
Unlevered Free Cash Flow, 5 Yr. CAGR %	-9.99	68.65	17.39	48.06	10.75
Dividend Per Share, 5 Yr. CAGR %	-23.16	9.28	25.93	30.83	26.19