Ovintiv (OVV) Asset Utilization Ratio (2020 - 2026)
Ovintiv (OVV) recorded quarterly Asset Utilization Ratio of 0.42 in Q1 2026, down 4.67% quarter-over-quarter from 0.44 in Q4 2025, and down 10.61% on a YoY basis from 0.47 in Q1 2025.
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 0.42 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 10.61% year-over-year to 0.42; the TTM figure through Mar 2026 stood at 0.42 (down 10.61% YoY), while the FY2025 annual figure was 0.45, down 1.4% from the prior year.
- Asset Utilization Ratio was 0.42 for Q1 2026 at Ovintiv, down from 0.44 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.97 in Q4 2022 to a low of 0.31 in Q1 2024.
- Historically, Asset Utilization Ratio has averaged 0.57 across 5 years, with a median of 0.46 in 2025.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio jumped 83.97% in 2022, then tumbled 66.85% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.97 in 2022, then sank by 66.85% to 0.32 in 2023, then soared by 46.16% to 0.47 in 2024, then retreated by 5.76% to 0.44 in 2025, then declined by 4.67% to 0.42 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.42 (Q1 2026), 0.44 (Q4 2025), and 0.45 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 2.23 |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 0.47 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 0.45 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 0.24 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 0.22 |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 0.39 |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 0.25 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 577.71 |
| 10 | Ovintiv | 15.16 Bn | 15.16 Bn | 2.35 Bn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.44 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.47 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.32 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.89 |
| Dec 31, 2022 | 0.97 |
| Sep 30, 2022 | 0.96 |
| Jun 30, 2022 | 0.88 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 0.70 |
| Sep 30, 2021 | 0.60 |
| Jun 30, 2021 | 0.48 |