GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ovintiv Inc (NYSE:OVV) » Definitions » Pre-Tax Income

OVV (Ovintiv) Pre-Tax Income : $1,351 Mil (TTM As of Dec. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Ovintiv Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Ovintiv's pretax income for the three months ended in Dec. 2024 was $-101 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was $1,351 Mil. Ovintiv's pretax margin was -4.62%.

During the past 13 years, Ovintiv's highest Pretax Margin was 32.19%. The lowest was -181.14%. And the median was 14.54%.


Ovintiv Pre-Tax Income Historical Data

The historical data trend for Ovintiv's Pre-Tax Income 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.

* Premium members only.

Ovintiv Pre-Tax Income Chart

Ovintiv Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,730.00 1,239.00 3,560.00 2,510.00 1,351.00

Ovintiv Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pre-Tax Income 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 1,067.00 428.00 466.00 558.00 -101.00

Competitive Comparison of Ovintiv's Pre-Tax Income

For the Oil & Gas E&P subindustry, Ovintiv's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ovintiv's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ovintiv's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Ovintiv's Pre-Tax Income falls into.



Ovintiv Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Ovintiv's Pretax Income for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2071+-308+-412+0+0
=1,351

Ovintiv's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=483+-478+-106+0+0
=-101

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,351 Mil.

* 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.


Ovintiv  (NYSE:OVV) Pre-Tax Income Explanation

Ovintiv's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-101/2188
=-4.62%

During the past 13 years, Ovintiv's highest Pretax Margin was 32.19%. The lowest was -181.14%. And the median was 14.54%.

* 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.


Ovintiv Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Ovintiv's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Ovintiv Business Description

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
Howard John Mayson director C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Steven W Nance director 130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Renee Ellen Zemljak officer: EVP, Midstream, Mrktg & Fndmtl SUITE 1700, 370 - 17TH STREET, DENVER CO 80202
Rachel Maureen Moore officer: EVP, Corporate Services C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meghan Nicole Eilers officer: EVP, GC & Corporate Secretary 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Thomas G Ricks director H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Katherine Lucas Minyard director 370 17TH STREET, SUITE 1700, DENVER CO 80202
George Pita director 3000 NW 107TH AVENUE, MIAMI FL 33172
Joanne Linette Alexander officer: EVP, General Counsel & CorpSec 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meg Gentle director 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Douglas James Suttles director, officer: Chief Executive Officer 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brendan Michael Mccracken officer: EVP, Corp Dev & Ext Relations C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brian Gordon Shaw director 40 UNIVERSITY AVENUE, SUITE 1300, TORONTO A6 M5P 2E9
Code Corey Douglas officer: EVP & CFO 500 CENTRE STREET SE, CALGARY A0 T2P 2S5

Ovintiv Headlines

From GuruFocus

Ovintiv Inc (OVV) Shares Up 2.67% on Nov 19

By GuruFocus News 11-19-2024

Ovintiv Names Terri King to Board of Directors

By PRNewswire 01-27-2025

Q3 2024 Ovintiv Inc Earnings Call Transcript

By GuruFocus News 11-09-2024

Ovintiv Inc (OVV) Stock Price Up 4.61% on Jan 13

By GuruFocus News 01-13-2025

Ovintiv Inc (OVV) Stock Price Down 5.43% on Mar 5

By GuruFocus News 03-05-2025

Ovintiv Inc (OVV) Shares Up 3.92% on Feb 10

By GuruFocus News 02-10-2025

Ovintiv Inc (OVV) Stock Price Down 3.13% on Dec 6

By GuruFocus News 12-06-2024