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
DateValue
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