For the quarter ending 2026-03-31, OVV had -$9M decrease in cash & cash equivalents over the period. $451M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | 2,577 | 8,663 | - | - |
| Gains (losses) on risk management, net | -63 | 172 | - | - |
| Sublease revenues | 18 | 73 | - | - |
| Total revenues | 2,532 | 8,908 | - | - |
| Production, mineral and other taxes | 79 | 286 | - | - |
| Transportation and processing | 471 | 1,724 | - | - |
| Operating | 227 | 862 | - | - |
| Purchased product | 344 | 1,447 | - | - |
| Depreciation, depletion and amortization | 561 | 533 | - | - |
| Impairments | 1,485 | 49 | - | - |
| Accretion of asset retirement obligation | 7 | 7 | - | - |
| Administrative | 112 | 331 | - | - |
| Total operating expenses | 3,286 | 7,777 | - | - |
| Operating income (loss) | -754 | 436 | 695 | - |
| Interest | 104 | 93 | 283 | - |
| Foreign exchange (gain) loss, net | 2 | -6 | -25 | - |
| Other (gains) losses, net | 29 | 35 | 11 | - |
| Total other (income) expenses | 73 | 64 | 297 | - |
| Net earnings (loss) before income tax | -827 | 372 | 398 | - |
| Income tax expense (recovery) | -197 | -574 | 102 | - |
| Net earnings (loss) | -630 | 946 | 148 | 148 |
| Depreciation, depletion and amortization | 561 | 533 | 545 | 1,101 |
| Impairments | 1,485 | 49 | 141 | 730 |
| Accretion of asset retirement obligation | 7 | 7 | 7 | 14 |
| Deferred income taxes | -210 | -533 | 30 | -11 |
| Unrealized (gain) loss on risk management | -53 | 18 | -20 | 8 |
| Unrealized foreign exchange (gain) loss | 1 | -2 | 2 | 43 |
| Foreign exchange (gain) loss on settlements | 1 | 1 | 0 | 41 |
| Other | 25 | 12 | -6 | -27 |
| Net change in other assets and liabilities | 14 | 11 | 7 | 22 |
| Net change in non-cash working capital | 169 | 8 | 76 | 9 |
| Cash from (used in) operating activities | 1,056 | 954 | 812 | 1,886 |
| Capital expenditures | 605 | 465 | 544 | 1,138 |
| Acquisitions | 7 | 255 | -31 | 2,313 |
| Corporate acquisition, net of cash acquired | 1,192 | 0 | 0 | 0 |
| Proceeds from divestitures | 7 | 5 | 26 | 1,896 |
| Net change in investments and other | -59 | 263 | -34 | -102 |
| Cash from (used in) investing activities | -1,738 | -978 | -453 | -1,453 |
| Net issuance (repayment) of revolving debt | 297 | -9 | -121 | 481 |
| Issuance of long-term debt | - | 0 | - | - |
| Issuance of debt under the term credit agreement | 1,151 | - | - | - |
| Repayment of long-term debt | 459 | 0 | 0 | 600 |
| Purchase of shares of common stock | 84 | 0 | 160 | 147 |
| Dividends on shares of common stock | 85 | 76 | 77 | 155 |
| Finance lease payments and other | - | - | 0 | 21 |
| Other | -148 | 102 | - | - |
| Cash from (used in) financing activities | 672 | 38 | -358 | -442 |
| Foreign exchange gain (loss) on cash, cash equivalents and restricted cash held in foreign currency | 1 | -4 | 4 | -13 |
| Increase (decrease) in cash, cash equivalents and restricted cash | -9 | 10 | 5 | -22 |
| Cash, cash equivalents and restricted cash, beginning of year | 35 | 25 | 42 | - |
| Cash, cash equivalents and restricted cash, end of period | 26 | 35 | 25 | - |
Ovintiv Inc. (OVV)
Ovintiv Inc. (OVV)