Ovintiv (OVV) Asset Utilization Ratio (2020 - 2026)
Ovintiv (OVV) posted quarterly Asset Utilization Ratio of 0.36 for Q2 2026, down 24.08% year-over-year from 0.47 in Q2 2025, and up 13.34% quarter-over-quarter from 0.31 in Q1 2026.
Ovintiv (OVV) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Ovintiv's Asset Utilization Ratio history runs 7 years deep, the most recent figure standing at 0.36 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 24.08% year-over-year to 0.36; the TTM figure through Jun 2026 stood at 0.36 (down 24.08% YoY), while the FY2025 annual figure was 0.45, changed N/A from the prior year.
- Asset Utilization Ratio for Q2 2026 stood at 0.36, up from 0.31 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.97 in Q4 2022, with the low at 0.31 in Q1 2026.
- The 5-year median for Asset Utilization Ratio is 0.47 (2024), against an average of 0.6.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 90.19% in 2022, then slumped 40.82% in 2023.
- Ovintiv's Asset Utilization Ratio stood at 0.97 in 2022, then sank by 41.26% to 0.57 in 2023, then decreased by 17.49% to 0.47 in 2024, then retreated by 4.66% to 0.45 in 2025, then slipped by 20.68% to 0.36 in 2026.
- Business Quant data shows OVV's Asset Utilization Ratio at 0.36 in Q2 2026, 0.31 in Q1 2026, and 0.45 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.60 Bn | 155.91 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.52 Bn | 104.62 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.24 Bn | 58.78 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 0.39 |
| 6 | Woodside Energy | 46.11 Bn | 40.17 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.37 Bn | 35.22 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 33.95 Bn | 33.84 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 26.35 Bn | 26.10 Bn | - | 0.50 |
| 10 | Ovintiv | 18.75 Bn | 17.86 Bn | 2.83 Bn | 0.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | 0.31 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 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 |