Ovintiv (OVV) Current Leases (2018 - 2026)

Ovintiv (OVV) posted quarterly Current Leases of $105.0 million for Q2 2026, down 2.78% year-on-year from $108.0 million in Q2 2025, and down 18.6% on a QoQ basis from $129.0 million in Q1 2026.

Ovintiv (OVV) Current Leases (2018 - 2026) Analysis & Trends

Ovintiv (OVV) has reported Current Leases for 9 consecutive years, with $105.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Current Leases fell 2.78% year-over-year to $105.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $105.0 million (down 2.78% YoY) and the FY2025 annual result came in at $117.0 million, up 42.68% from the prior year.
  • Current Leases fell to $105.0 million in Q2 2026 per OVV's latest filing, from $129.0 million in the prior quarter.
  • Over the last five years, Current Leases for OVV reached as high as $129.0 million in Q1 2026 and fell as low as $63.0 million in Q1 2022.
  • A 5-year average of $90.3 million and a median of $85.5 million in 2023 frame the typical range for Current Leases.
  • Annual changes were most pronounced in 2022 — Current Leases decreased 14.86% — and 2025, when it jumped 42.68%.
  • Year by year, Current Leases stood at $76.0 million in 2022, then rose by 14.47% to $87.0 million in 2023, then declined by 5.75% to $82.0 million in 2024, then soared by 42.68% to $117.0 million in 2025, then fell by 10.26% to $105.0 million in 2026.
  • According to Business Quant data, Current Leases over the past three periods registered $105.0 million, $129.0 million, and $117.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn -
2 Eog Resources 74.61 Bn 70.76 Bn - 375.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 159.00 Mn
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 105.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 105.00 Mn
Mar 31, 2026 129.00 Mn
Dec 31, 2025 117.00 Mn
Sep 30, 2025 112.00 Mn
Jun 30, 2025 108.00 Mn
Mar 31, 2025 102.00 Mn
Dec 31, 2024 82.00 Mn
Sep 30, 2024 86.00 Mn
Jun 30, 2024 85.00 Mn
Mar 31, 2024 78.00 Mn
Dec 31, 2023 87.00 Mn
Sep 30, 2023 81.00 Mn
Jun 30, 2023 85.00 Mn
Mar 31, 2023 88.00 Mn
Dec 31, 2022 76.00 Mn
Sep 30, 2022 69.00 Mn
Jun 30, 2022 73.00 Mn
Mar 31, 2022 63.00 Mn
Dec 31, 2021 62.00 Mn
Sep 30, 2021 63.00 Mn