Ovintiv Other Operating Expenses from 2010 to 2024

OVV Stock  USD 45.49  0.23  0.50%   
Ovintiv Other Operating Expenses yearly trend continues to be fairly stable with very little volatility. Other Operating Expenses will likely drop to about 5.9 B in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2001-09-30
Previous Quarter
1.7 B
Current Value
1.8 B
Quarterly Volatility
B
 
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 Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Ovintiv over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ovintiv. It is also known as Ovintiv overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Ovintiv's Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Ovintiv Other Operating Expenses Regression Statistics

Arithmetic Mean5,469,174,209
Geometric Mean5,288,959,534
Coefficient Of Variation27.06
Mean Deviation1,081,417,737
Median5,533,000,000
Standard Deviation1,479,686,567
Sample Variance2189472.3T
Range5.2B
R-Value0.54
Mean Square Error1681177.8T
R-Squared0.29
Significance0.04
Slope177,253,864
Total Sum of Squares30652612.7T

Ovintiv Other Operating Expenses History

20245.9 B
20237.8 B
20228.6 B
20217.1 B
20205.5 B
20195.7 B
20184.2 B

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Other Operating Expenses, 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
Other Operating Expenses7.8 B5.9 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.