Compensation Plans (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Amounts Recognized For Share-Based Payment Transactions | The Company has recognized the following share-based compensation costs:
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| Schedule of Weighted Average Assumptions Used to Fair Value Share Units | The following weighted average assumptions were used to determine the fair value of Stock Appreciation Rights (“SAR”) and Tandem Stock Appreciation Rights (“TSAR”) units outstanding:
(1) As at March 31, 2026, all TSARs outstanding as at December 31, 2025, have been settled. (2)
Volatility was estimated using historical rates. |
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| Schedule of Share-based Compensation Activity | The following units were granted primarily in conjunction with the Company’s annual grant of long-term incentive awards. The PSUs and RSUs were granted at the volume-weighted average trading price of shares of Ovintiv common stock for the five days prior to the grant date.
(1)
Deferred Share Units (“DSUs”). |
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