Ovintiv (OVV) Change in Working Capital (2019 - 2026)

Ovintiv (OVV) recorded quarterly Change in Working Capital of $169.0 million in Q1 2026, up 2012.5% quarter-over-quarter from $8.0 million in Q4 2025, and up 40.83% on a YoY basis from $120.0 million in Q1 2025.

Ovintiv (OVV) Change in Working Capital (2019 - 2026) Analysis & Trends

Ovintiv's Change in Working Capital history runs 8 years deep, the most recent figure standing at $169.0 million for Q1 2026.

  • In Q1 2026, Change in Working Capital rose 40.83% year-over-year to $169.0 million; the TTM figure through Mar 2026 stood at $142.0 million (up 4633.33% YoY), while the FY2025 annual figure was $93.0 million, down 62.35% from the prior year.
  • Change in Working Capital was $169.0 million for Q1 2026 at Ovintiv, up from $8.0 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of $364.0 million in Q1 2024 to a low of -$222.0 million in Q1 2023.
  • Historically, Change in Working Capital has averaged $21.5 million across 5 years, with a median of -$25.0 million in 2024.
  • Biggest YoY gain for Change in Working Capital was 719.35% in 2023; the steepest drop was 3220.0% in 2023.
  • A 5-year view of Change in Working Capital shows it stood at $5.0 million in 2022, then sank by 3220.0% to -$156.0 million in 2023, then jumped by 64.74% to -$55.0 million in 2024, then surged by 114.55% to $8.0 million in 2025, then jumped by 2012.5% to $169.0 million in 2026.
  • The last three Change in Working Capital figures came in at $169.0 million (Q1 2026), $8.0 million (Q4 2025), and $76.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - 379.00 Mn
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn -596.49 Mn
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn -
4 Eog Resources 72.59 Bn 68.74 Bn - -
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn -
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn -
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn -
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn -
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn 5.78 Mn
10 Ovintiv 15.36 Bn 15.36 Bn 2.35 Bn 169.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 169.00 Mn
Mar 31, 2026 169.00 Mn
Dec 31, 2025 8.00 Mn
Dec 31, 2025 8.00 Mn
Sep 30, 2025 76.00 Mn
Sep 30, 2025 76.00 Mn
Jun 30, 2025 -111.00 Mn
Jun 30, 2025 -111.00 Mn
Mar 31, 2025 120.00 Mn
Mar 31, 2025 120.00 Mn
Dec 31, 2024 -55.00 Mn
Dec 31, 2024 -55.00 Mn
Sep 30, 2024 -25.00 Mn
Sep 30, 2024 -25.00 Mn
Jun 30, 2024 -37.00 Mn
Jun 30, 2024 -37.00 Mn
Mar 31, 2024 364.00 Mn
Mar 31, 2024 364.00 Mn
Dec 31, 2023 -156.00 Mn
Dec 31, 2023 -156.00 Mn