Ovintiv Cost Of Revenue from 2010 to 2024

OVV Stock  USD 45.49  0.23  0.50%   
Ovintiv Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue will likely drop to about 3.5 B in 2024. During the period from 2010 to 2024, Ovintiv Cost Of Revenue regression line of quarterly data had mean square error of 1294969.9 T and geometric mean of  2,990,096,352. View All Fundamentals
 
Cost Of Revenue  
First Reported
2001-09-30
Previous Quarter
1.6 B
Current Value
1.1 B
Quarterly Volatility
945.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 467.4 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0343 or PTB Ratio of 1.08. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.

Latest Ovintiv's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Ovintiv over the last few years. Cost of Revenue is found on Ovintiv income statement and represents the costs associated with goods and services Ovintiv provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Ovintiv's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovintiv's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Ovintiv Cost Of Revenue Regression Statistics

Arithmetic Mean3,211,786,121
Geometric Mean2,990,096,352
Coefficient Of Variation39.04
Mean Deviation990,971,862
Median3,069,000,000
Standard Deviation1,253,955,236
Sample Variance1572403.7T
Range4.2B
R-Value0.49
Mean Square Error1294969.9T
R-Squared0.24
Significance0.07
Slope136,002,153
Total Sum of Squares22013652.3T

Ovintiv Cost Of Revenue History

20243.5 B
20235.7 B
20225.2 B
20214.4 B
20203.4 B
20193.3 B
20182.5 B

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue5.7 B3.5 B

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Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.