Filing Flows

Filing Flows › Companies › Ovintiv › Cash flow

Ovintiv cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$507M in Q3 2026 · $2.5B over twelve months

Operating cash flow$1.1B
Capital spending−$563M
Free cash flow+$507M
Cash / net income1.9×

Analysis

In Q3 2026, Ovintiv generated $1.1B of operating cash flow and spent $563M on capital projects, leaving free cash flow of $507M. That is $239M more than in Q3 2025 ($268M).

Over the twelve months to Sep 30, 2026, operating cash flow was $4.7B; the largest uses were capital spending ($2.2B), net borrowing (+) / repaid (−) ($1.9B), acquisitions ($1.2B); besides operations, cash came from asset & business sales ($2.8B); the cash balance rose by $151M.

Operating cash flow was $1.1B against net income of $549M — 1.9× profit, cash ran ahead of reported earnings. The largest differences: depreciation & amortization +$550M, deferred taxes +$170M, receivables −$129M.

Free cash flow

Ovintiv: free cash flow by quarterOvintiv: free cash flow by quarter$468MQ4 2024$256MQ1 2025$492MQ2 2025$268MQ3 2025$489MQ4 2025$451MQ1 2026$1.1BQ2 2026$507MQ3 2026
Operating cash flow less capital spending.
Ovintiv: operating cash flow against capital spendingOvintiv: operating cash flow against capital spendingOperating cash flowCapital spending$1.0B$552MQ4 2024$873M$617MQ1 2025$1.0B$521MQ2 2025$812M$544MQ3 2025$954M$465MQ4 2025$1.1B$605MQ1 2026$1.6B$574MQ2 2026$1.1B$563MQ3 2026
Latest (Q3 2026): Operating cash flow $1.1B, Capital spending $563M.

Capital allocation, year by year

Ovintiv: where the cash came from (up) and went (down), by fiscal yearOvintiv: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingAsset salesCapital spendingAcquisitionsBuybacksDividendsFY2021: Operating cash flow $3.1BFY2021: Net borrowing −$2.2BFY2021: Asset sales $1.0BFY2021: Capital spending −$1.5BFY2021: Buybacks −$111MFY2021: Dividends −$122M$4.2BFY2021FY2022: Operating cash flow $3.9BFY2022: Net borrowing −$1.2BFY2022: Asset sales $228MFY2022: Capital spending −$1.8BFY2022: Buybacks −$719MFY2022: Dividends −$239M$4.1BFY2022FY2023: Operating cash flow $4.2BFY2023: Net borrowing $2.2BFY2023: Asset sales $772MFY2023: Capital spending −$2.7BFY2023: Acquisitions −$3.2BFY2023: Buybacks −$426MFY2023: Dividends −$307M$7.1BFY2023FY2024: Operating cash flow $3.7BFY2024: Net borrowing −$284MFY2024: Asset sales $163MFY2024: Capital spending −$2.3BFY2024: Acquisitions $12.0MFY2024: Buybacks −$597MFY2024: Dividends −$316M$3.9BFY2024FY2025: Operating cash flow $3.7BFY2025: Net borrowing −$249MFY2025: Asset sales $1.9BFY2025: Capital spending −$2.1BFY2025: Buybacks −$307MFY2025: Dividends −$308M$5.6BFY2025
Over these 5 years operating cash flow totalled $18.5B; the largest uses were capital spending ($10.5B) and net borrowing ($3.9B). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$176M
Debt$3.6B
Net debt$3.4B
Due within a year$810M

Ovintiv funds itself: free cash flow was $2.5B over the last twelve months, and $176M of cash and investments stands against $3.6B of debt ($810M due within a year, 0.2× covered by cash).

Ovintiv: debt maturities by year (FY2025)Ovintiv: debt maturities by year (FY2025)$810MYear 1$700MYear 3$300MYear 5$3.4BAfter year 5
Principal due in each year as disclosed in the annual report, against $176M of cash and investments now.

Where the cash came from and went

Ovintiv: sources (+) and uses (−) of cash, Q3 2026Ovintiv: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$1.1BCapital spending−$563MCash drawn (+) / kept (−)$524MOther investing−$449MBuybacks−$386MNet borrowing (+) / repaid (−)−$112MDividends−$81.0MExchange rates−$4.0MAsset & business sales$2.0MOther financing−$1.0M
Ovintiv: sources (+) and uses (−) of cash, TTM to Q3 2026Ovintiv: sources (+) and uses (−) of cash, TTM to Q3 2026Operating cash flow$4.7BAsset & business sales$2.8BCapital spending−$2.2BNet borrowing (+) / repaid (−)−$1.9BAcquisitions−$1.2BOther investing−$944MBuybacks−$815MDividends−$326MCash drawn (+) / kept (−)−$151MOther financing−$25.0MExchange rates−$8.0M

From profit to cash

Ovintiv: net income to operating cash flow, Q3 2026Ovintiv: net income to operating cash flow, Q3 2026Net income$549MDepreciation & amortization$550MStock-based pay$14.0MDeferred taxes$170MOther non-cash$26.0MReceivables−$129MPayables−$109MIncome taxes payable$49.0MOperating cash flow$1.1B
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingAcquisitionsBuybacksDividendsNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q3 2026$1.1B−$563M—−$386M−$81.0M−$112M$524M$507M
Q2 2026$1.6B−$574M—−$345M−$84.0M−$1.6B−$674M$1.1B
Q1 2026$1.1B−$605M−$1.2B−$84.0M−$85.0M−$162M$9.0M$451M
Q4 2025$954M−$465M——−$76.0M−$9.0M−$10.0M$489M
Q3 2025$812M−$544M—−$160M−$77.0M−$121M−$5.0M$268M
Q2 2025$1.0B−$521M—−$147M−$77.0M−$204M−$12.0M$492M
Q1 2025$873M−$617M——−$78.0M$85.0M$34.0M$256M
Q4 2024$1.0B−$552M——−$78.0M−$424M$17.0M$468M

Ovintiv: income statement and cash flow

Ovintiv, Q3 2026: revenue $2.6B (+26% year over year), operating margin 33.7%. The chart follows the revenue to costs, profit and cash.

Ovintiv: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.