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| Date | Value |
|---|---|
| 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 |