Ovintiv (OVV) Capital Expenditures (2019 - 2026)
Ovintiv (OVV) posted quarterly Capital Expenditures of $574.0 million for Q2 2026, up 10.17% year-on-year from $521.0 million in Q2 2025, and down 5.12% on a QoQ basis from $605.0 million in Q1 2026.
Ovintiv (OVV) Capital Expenditures (2019 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Capital Expenditures for 8 consecutive years, with $574.0 million the latest figure, recorded in Q2 2026.
- Quarterly Capital Expenditures rose 10.17% year-over-year to $574.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.2 billion (down 1.8% YoY) and the FY2025 annual result came in at $2.1 billion, down 6.77% from the prior year.
- Capital Expenditures eased to $574.0 million in Q2 2026 per OVV's latest filing, from $605.0 million in the prior quarter.
- Over the last five years, Capital Expenditures for OVV reached as high as $834.0 million in Q3 2023 and fell as low as $358.0 million in Q4 2022.
- A 5-year average of $566.9 million and a median of $563.0 million in 2024 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2023 — Capital Expenditures jumped 84.36% — and 2024, when it plunged 35.49%.
- Year by year, Capital Expenditures stood at $358.0 million in 2022, then surged by 84.36% to $660.0 million in 2023, then slipped by 16.36% to $552.0 million in 2024, then decreased by 15.76% to $465.0 million in 2025, then climbed by 23.44% to $574.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $574.0 million, $605.0 million, and $465.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.95 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 153.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 933.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 1.55 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 650.17 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 839.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 707.00 Mn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 574.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 574.00 Mn |
| Jun 30, 2026 | 574.00 Mn |
| Mar 31, 2026 | 605.00 Mn |
| Mar 31, 2026 | 605.00 Mn |
| Dec 31, 2025 | 465.00 Mn |
| Dec 31, 2025 | 465.00 Mn |
| Sep 30, 2025 | 544.00 Mn |
| Sep 30, 2025 | 544.00 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Mar 31, 2025 | 617.00 Mn |
| Mar 31, 2025 | 617.00 Mn |
| Dec 31, 2024 | 552.00 Mn |
| Dec 31, 2024 | 552.00 Mn |
| Sep 30, 2024 | 538.00 Mn |
| Sep 30, 2024 | 538.00 Mn |
| Jun 30, 2024 | 622.00 Mn |
| Jun 30, 2024 | 622.00 Mn |
| Mar 31, 2024 | 591.00 Mn |
| Mar 31, 2024 | 591.00 Mn |