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Ovintiv (TSX:OVV) Accounts Payable & Accrued Expense : C$2,687 Mil (As of Mar. 2025)


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What is Ovintiv Accounts Payable & Accrued Expense?

Ovintiv's quarterly accounts payable & accrued expense increased from Sep. 2024 (C$2,413 Mil) to Dec. 2024 (C$2,607 Mil) and increased from Dec. 2024 (C$2,607 Mil) to Mar. 2025 (C$2,687 Mil).

Ovintiv's annual accounts payable & accrued expense increased from Dec. 2022 (C$2,741 Mil) to Dec. 2023 (C$3,169 Mil) but then declined from Dec. 2023 (C$3,169 Mil) to Dec. 2024 (C$2,607 Mil).


Ovintiv Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ovintiv's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ovintiv Accounts Payable & Accrued Expense Chart

Ovintiv Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,999.49 2,256.64 2,741.45 3,168.86 2,607.20

Ovintiv Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,612.45 2,568.32 2,412.54 2,607.20 2,687.44

Ovintiv Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Ovintiv Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ovintiv Inc (TSX:OVV) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
Address
370 - 17th Street, Suite 1700, Denver, CO, USA, 80202
Ovintiv Inc is a North American oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs and natural gas. The company has two operating segments: USA Operations, and Canadian Operations. The USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. The Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada.
Executives
Katherine Lucas Minyard Director
Joanne Linette Cox Senior Officer
Stephen Carter Campbell Senior Officer
Rachel Maureen Moore Senior Officer
Howard John Mayson Director
Douglas James Suttles Director, Senior Officer
Thomas Gregory Ricks Director
Brendan Michael Mccracken Senior Officer
Michael Mcallister Senior Officer
David Glen Hill Senior Officer
Corey Douglas Code Senior Officer
Brian Gordon Shaw Director
Bruce G. Waterman Director
Fred John Fowler Director
Michael Williams Director