Ovintiv OVV
NYSE OVV
$63.99 -0.38 (-0.58%)
As of: Sep 10, 2026 · 3:59 PM EDT

Ovintiv (OVV) Asset Utilization Ratio (2020 - 2026)

Ovintiv (OVV) posted Asset Utilization Ratio of 0.47 for Q2 2026, up 10.5% on a QoQ basis from 0.43 in Q1 2026, and up 0.77% year-over-year from 0.47 in Q2 2025.

Analysis

Ovintiv (OVV) Asset Utilization Ratio (2020 - 2026) Analysis & Trends

Ovintiv has reported Asset Utilization Ratio for 7 years, with the latest figure at 0.47 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 0.77% year-over-year to 0.47 in Q2 2026; TTM through Jun 2026 was 0.47, a 0.77% increase from a year earlier, with the FY2022 full-year figure at 0.98, up 33.51% from the prior year.
  • Asset Utilization Ratio was 0.47 for Q2 2026 at Ovintiv, up from 0.43 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.97 in Q4 2022, with the low at 0.41 in Q3 2024.
  • Average Asset Utilization Ratio over 5 years is 0.63, with a median of 0.52 recorded in 2026.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio jumped 90.19% in 2022, then slumped 40.82% in 2023.
  • Over 5 years, Asset Utilization Ratio stood at 0.97 in 2022, then sank by 41.26% to 0.57 in 2023, then retreated by 28.28% to 0.41 in 2024, then climbed by 9.68% to 0.45 in 2025, then climbed by 5.29% to 0.47 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.47 (Q2 2026), 0.43 (Q1 2026), and 0.45 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Conocophillips 166.37 Bn 158.68 Bn 12.81 Bn 0.53
2 Canadian Natural Resources 106.24 Bn 104.35 Bn 8.84 Bn -
3 Eog Resources 77.64 Bn 72.73 Bn - 0.50
4 Diamondback Energy 57.73 Bn 57.26 Bn 5.55 Bn 0.24
5 Devon Energy 46.75 Bn 45.74 Bn 6.02 Bn 0.39
6 Expand Energy 23.07 Bn 21.81 Bn 2.33 Bn 0.47
7 Permian Resources 19.87 Bn 19.61 Bn - 0.31
8 Ovintiv 17.94 Bn 17.05 Bn 2.83 Bn 0.47
9 Apa 15.73 Bn 15.28 Bn 2.28 Bn 0.48
10 Antero Resources 12.12 Bn 11.55 Bn 1.56 Bn 0.40
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.47
Mar 31, 2026 0.43
Dec 31, 2025 0.45
Sep 30, 2025 0.46
Jun 30, 2025 0.47
Sep 30, 2024 0.41
Jun 30, 2024 0.44
Sep 30, 2023 0.57
Jun 30, 2023 0.69
Mar 31, 2023 0.89
Dec 31, 2022 0.97
Sep 30, 2022 0.96
Jun 30, 2022 0.88
Mar 31, 2022 0.80
Dec 31, 2021 0.76
Sep 30, 2021 0.65
Jun 30, 2021 0.54
Mar 31, 2021 0.42
Dec 31, 2020 0.44
Sep 30, 2020 0.41