Ovintiv (OVV) Change in Working Capital (2019 - 2026)
Ovintiv (OVV) posted quarterly Change in Working Capital of -$380.0 million for Q2 2026, down 242.34% year-on-year from $267.0 million in Q2 2025, and down 324.85% on a QoQ basis from $169.0 million in Q1 2026.
Ovintiv (OVV) Change in Working Capital (2019 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Change in Working Capital for 8 consecutive years, with -$380.0 million the latest figure, recorded in Q2 2026.
- Quarterly Change in Working Capital fell 242.34% year-over-year to -$380.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$127.0 million (down 78.87% YoY) and the FY2025 annual result came in at $93.0 million, down 62.35% from the prior year.
- Change in Working Capital fell to -$380.0 million in Q2 2026 per OVV's latest filing, from $169.0 million in the prior quarter.
- Over the last five years, Change in Working Capital for OVV reached as high as $364.0 million in Q1 2024 and fell as low as -$380.0 million in Q2 2026.
- A 5-year average of -$777777.8 and a median of -$28.0 million in 2022 frame the typical range for Change in Working Capital.
- The largest YoY upside for Change in Working Capital was 719.35% in 2023 against a maximum downside of 3220.0% in 2023.
- Year by year, Change in Working Capital stood at $5.0 million in 2022, then sank by 3220.0% to -$156.0 million in 2023, then soared by 64.74% to -$55.0 million in 2024, then jumped by 114.55% to $8.0 million in 2025, then sank by 4850.0% to -$380.0 million in 2026.
- According to Business Quant data, Change in Working Capital over the past three periods registered -$380.0 million, $169.0 million, and $8.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | - |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | - |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | - |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | - |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | - |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | -380.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -380.00 Mn |
| Jun 30, 2026 | -380.00 Mn |
| 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 |