Ovintiv Past Earnings Performance
Past criteria checks 3/6
Ovintiv has been growing earnings at an average annual rate of 33.4%, while the Oil and Gas industry saw earnings growing at 28.9% annually. Revenues have been growing at an average rate of 18.9% per year. Ovintiv's return on equity is 20.1%, and it has net margins of 19.6%.
Key information
33.4%
Earnings growth rate
31.9%
EPS growth rate
| Oil and Gas Industry Growth | 37.3% |
| Revenue growth rate | 18.9% |
| Return on equity | 20.1% |
| Net Margin | 19.6% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ovintiv makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 10,661 | 2,085 | 328 | 0 |
| 30 Sep 23 | 11,056 | 2,564 | 333 | 0 |
| 30 Jun 23 | 11,786 | 3,344 | 340 | 0 |
| 31 Mar 23 | 13,448 | 4,365 | 330 | 0 |
| 31 Dec 22 | 14,263 | 3,637 | 422 | 0 |
| 30 Sep 22 | 14,092 | 3,686 | 446 | 0 |
| 30 Jun 22 | 13,169 | 2,428 | 436 | 0 |
| 31 Mar 22 | 11,628 | 866 | 462 | 0 |
| 31 Dec 21 | 10,468 | 1,416 | 362 | 0 |
| 30 Sep 21 | 9,030 | -582 | 436 | 0 |
| 30 Jun 21 | 7,636 | -2,031 | 414 | 0 |
| 31 Mar 21 | 6,186 | -6,209 | 406 | 0 |
| 31 Dec 20 | 5,509 | -6,097 | 234 | 0 |
| 30 Sep 20 | 5,741 | -5,489 | 342 | 0 |
| 30 Jun 20 | 6,186 | -3,819 | 349 | 0 |
| 31 Mar 20 | 7,011 | 900 | 327 | 0 |
| 31 Dec 19 | 7,013 | 234 | 284 | 0 |
| 30 Sep 19 | 6,623 | 1,270 | 160 | 0 |
| 30 Jun 19 | 6,340 | 1,160 | 143 | 0 |
| 31 Mar 19 | 5,769 | 673 | 176 | 0 |
| 31 Dec 18 | 5,457 | 1,069 | 90 | 0 |
| 30 Sep 18 | 5,166 | -190 | 204 | 0 |
| 30 Jun 18 | 4,558 | 65 | 226 | 0 |
| 31 Mar 18 | 4,218 | 547 | 152 | 0 |
| 31 Dec 17 | 3,892 | 827 | 179 | 0 |
| 30 Sep 17 | 3,737 | 775 | 189 | 0 |
| 30 Jun 17 | 3,740 | 798 | 214 | 0 |
| 31 Mar 17 | 3,497 | -134 | 268 | 0 |
| 31 Dec 16 | 3,122 | -944 | 204 | 0 |
| 30 Sep 16 | 2,646 | -1,275 | 251 | 0 |
| 30 Jun 16 | 3,075 | -2,828 | 195 | 0 |
| 31 Mar 16 | 3,211 | -3,837 | 202 | 0 |
| 31 Dec 15 | 3,830 | -5,165 | 214 | 0 |
| 30 Sep 15 | 5,645 | -4,355 | 209 | 0 |
| 30 Jun 15 | 6,618 | -312 | 238 | 0 |
| 31 Mar 15 | 7,376 | 1,569 | 261 | 0 |
| 31 Dec 14 | 7,647 | 3,392 | 291 | 0 |
| 30 Sep 14 | 7,188 | 2,943 | 319 | 0 |
| 30 Jun 14 | 6,295 | 324 | 351 | 0 |
| 31 Mar 14 | 6,691 | 783 | 343 | 0 |
| 31 Dec 13 | 5,858 | 236 | 351 | 0 |
| 30 Sep 13 | 6,040 | 407 | 365 | 0 |
| 30 Jun 13 | 5,673 | -1,025 | 373 | 0 |
Quality Earnings: 47Q has high quality earnings.
Growing Profit Margin: 47Q's current net profit margins (19.6%) are lower than last year (25.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 47Q has become profitable over the past 5 years, growing earnings by 33.4% per year.
Accelerating Growth: 47Q's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 47Q had negative earnings growth (-42.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-40.8%).
Return on Equity
High ROE: 47Q's Return on Equity (20.1%) is considered high.