Ovintiv Inc operates within the Crude petroleum and natural gas sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ovintiv Inc with three other
crude oil and natural gas companies in North America:
Pioneer Natural Resources Company
of UNITED STATES
(2020
sales of $7.02 billion
),
Devon Energy Corporation
of UNITED STATES
($4.67 billion
of which 100%
was U.S. operating segments.), and
PTT Exploration & Production Public Company Limited
which is
also
based in UNITED STATES
($5.12 billion
of which 105%
was Exploration and Production).
Sales Analysis.
During the year ended December of 2020, sales at
Ovintiv Inc were C$7.47 billion (US$5.92 billion).
This
is
a
decrease of 20.3%
versus 2019, when the company's sales were C$9.38 billion.
Contributing to the drop in overall sales was the 25.1% decline
in Usa Operations, from C$5.72 billion to C$4.28 billion.
There were also decreases in sales in
Canadian Operations (down 15.6% to C$2.08 billion)
.
However, these declines were partially offset by the increase in sales of
Market Optimization (up 28.0% to C$1.96 billion)
.