Ovintiv Inc. (OVV) Revenue by Segment

Ovintiv revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Ovintiv's largest business segment was Usa Operations, with $1.67 billion or 60% of revenue, up 9.8% from a year earlier. Next: Canadian Operations (40%).

By product or service, Oil one brought in 71%, Natural Gas Liquids (NGL) brought in 15% and Natural Gas brought in 14% of revenue in Q3 fiscal 2023.

By customer type, Product and Service Revenue brought in 80% and Sales of Purchased Product brought in 20% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Canadian Operations (+56.2%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2019.

Ovintiv Inc.

OVVEnergy

United States

Energy

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Usa OperationsCanadian OperationsMarket OptimizationCorporate and otherChina Operations

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Usa Operations	USD 1.67B	59.7%	+9.8%
Canadian Operations	USD 1.13B	40.3%	+56.2%
Corporate and otheri	USD 209.00M		+194.4%

Sum of items USD 2.80B; corporate items and eliminations USD 209.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19
Usa Operations	1.7B	1.5B	1.4B	1.4B	1.5B	1.7B	1.7B	1.8B	1.8B	1.9B	–	1.5B	1.2B	1.2B	–	1.8B	1.9B	1.5B	1.4B	1.3B	1.2B	1.0B	801.0M	670.0M	430.0M	914.0M	1.1B	1.1B	1.2B	777.0M
Canadian Operations	1.1B	1.1B	747.0M	698.0M	724.0M	695.0M	486.0M	472.0M	493.0M	522.0M	–	505.0M	468.0M	690.0M	–	893.0M	962.0M	778.0M	732.0M	663.0M	570.0M	577.0M	443.0M	310.0M	245.0M	387.0M	469.0M	464.0M	456.0M	456.0M
Market Optimization	–	–	–	–	–	–	–	–	–	–	–	863.0M	703.0M	716.0M	–	988.0M	1.1B	1.1B	872.0M	771.0M	748.0M	652.0M	346.0M	346.0M	348.0M	420.0M	290.0M	294.0M	249.0M	326.0M
Corporate and other	209.0M	–	36.0M	–	71.0M	–	–	49.0M	26.0M	–	–	–	160.0M	–	–	–	–	–	–	–	–	–	–	–	–	922.0M	- 325.0M	- 22.0M	100.0M	–
China Operations	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.0M	21.0M	13.0M

Ovintiv revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q3 FY25	Q2 FY25	Q3 FY24	Share
Usa Operations	$1.7B	$1.4B	$1.5B	$1.8B	60%
Canadian Operations	$1.1B	$698.0M	$724.0M	$472.0M	40%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Ovintiv revenue by product or service, last 4 quarters

Product or service	Q3 FY23	Q1 FY23	Q3 FY22	Q2 FY22	Share
Oil one	$2.1B	$1.5B	$2.0B	$2.2B	71%
Natural Gas Liquids (NGL)	$435.0M	$441.0M	$600.0M	$703.0M	15%
Natural Gas	$405.0M	$690.0M	$1.1B	$1.1B	14%

In USD, fiscal quarters as reported; share = part of Q3 FY23 revenue.

Ovintiv revenue by customer type, last 4 quarters

Customer type	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Product and Service Revenue	$2.3B	$2.2B	$1.7B	$1.8B	80%
Sales of Purchased Product	$575.0M	$356.0M	$289.0M	$450.0M	20%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Ovintiv's business segments?

Usa Operations and Canadian Operations (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Ovintiv?

Usa Operations: $1.67 billion, or 60% of revenue, in Q2 fiscal 2026.

What are Ovintiv's main products and services?

By revenue in Q3 fiscal 2023: Oil one (71%), Natural Gas Liquids (NGL) (15%) and Natural Gas (14%).

MoreOvintiv stock overview Ovintiv financials Ovintiv executive team Ovintiv shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.