Ovintiv (OVV) Capital Expenditures (2019 - 2026)
Ovintiv (OVV) reported Capital Expenditures of $574 million for Q2 2026, up 10.2% from $521 million a year earlier but down 5.1% from the prior quarter.
Ovintiv (OVV) Capital Expenditures (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ovintiv's Capital Expenditures came in at $2.19 billion, down 1.8% year-over-year; for FY2025, it came in at $2.15 billion, down 6.8% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 4.3% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $2.3 billion in FY2024 (-16.1%), $2.74 billion in FY2023 (+49.9%), $1.83 billion in FY2022 (+20.5%) and $1.52 billion in FY2021 (-12.5%).
- Five-year quarterly Capital Expenditures spans a low of $358 million in Q4 2022 and a high of $834 million in Q3 2023.
- Year over year, Capital Expenditures gained in three of the last eight quarters, with an average decline of 8.8%.
- The high point for year-over-year Capital Expenditures in five years was Q4 2023 (growth of 84.4%); the low point was Q3 2024 (a decline of 35.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $605 million (Q1 2026), $465 million (Q4 2025) and $544 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 6.53 Bn |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 4.54 Bn |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 80.60 Bn |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 4.23 Bn |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 3.02 Bn |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 2.87 Bn |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 726.00 Mn |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | -1.72 Bn |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | -1.35 Bn |
| 10 | Ovintiv | 19.67 Bn | 18.64 Bn | 2.83 Bn | 574.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 574.00 Mn |
| Mar 31, 2026 | 605.00 Mn |
| Dec 31, 2025 | 465.00 Mn |
| Sep 30, 2025 | 544.00 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Mar 31, 2025 | 617.00 Mn |
| Dec 31, 2024 | 552.00 Mn |
| Sep 30, 2024 | 538.00 Mn |
| Jun 30, 2024 | 622.00 Mn |
| Mar 31, 2024 | 591.00 Mn |
| Dec 31, 2023 | 660.00 Mn |
| Sep 30, 2023 | 834.00 Mn |
| Jun 30, 2023 | 640.00 Mn |
| Mar 31, 2023 | 610.00 Mn |
| Dec 31, 2022 | 358.00 Mn |
| Sep 30, 2022 | 511.00 Mn |
| Jun 30, 2022 | 511.00 Mn |
| Mar 31, 2022 | 451.00 Mn |
| Dec 31, 2021 | 421.00 Mn |
| Sep 30, 2021 | 365.00 Mn |
Ovintiv Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=OVV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "OVV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();