Ovintiv (OVV) Invested Capital (2018 - 2026)
Ovintiv's Invested Capital came in at $15.19 billion for Q2 2026, down 3.3% from $15.71 billion a year earlier and down 15.4% from the prior quarter.
Analysis
Ovintiv (OVV) Invested Capital (2018 - 2026) Analysis & Trends
For FY2025, Ovintiv's Invested Capital was $16.4 billion, up 3.9% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- Going back by year, Invested Capital was $15.78 billion in FY2024 (-2.0%), $16.11 billion in FY2023 (+43.1%), $11.26 billion in FY2022 (+14.2%) and $9.86 billion in FY2021 (-8.0%).
- The Q2 2026 figure represents the lowest quarterly Invested Capital since Q1 2023.
- Year-over-year, Invested Capital increased in three of the last eight quarters, with growth averaging 0.3%.
- The fastest year-over-year change in Invested Capital over five years came in Q2 2023 (growth of 58.9%), and the weakest in Q3 2021 (a decline of 25.3%).
- Business Quant data shows OVV's Invested Capital at $17.96 billion (Q1 2026), $16.4 billion (Q4 2025) and $15.45 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 732.76 Bn | 695.97 Bn | - | 308.48 Bn |
| 2 | Chevron | 447.81 Bn | 425.60 Bn | 33.45 Bn | 232.63 Bn |
| 3 | Shell | 301.00 Bn | 231.74 Bn | 30.13 Bn | 253.86 Bn |
| 4 | TotalEnergies SE | 200.71 Bn | 83.84 Bn | 61.77 Bn | 193.87 Bn |
| 5 | Conocophillips | 174.96 Bn | 147.67 Bn | 12.81 Bn | 88.64 Bn |
| 6 | Equinor Asa | 115.99 Bn | 30.51 Bn | - | 67.49 Bn |
| 7 | Phillips 66 | 113.55 Bn | 102.54 Bn | 8.38 Bn | 53.27 Bn |
| 8 | Canadian Natural Resources | 112.20 Bn | 109.20 Bn | 8.84 Bn | - |
| 9 | Eni Spa | 93.57 Bn | 43.76 Bn | - | 101.06 Bn |
| 10 | Ovintiv | 19.17 Bn | 18.14 Bn | 2.83 Bn | 15.19 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.19 Bn |
| Mar 31, 2026 | 17.96 Bn |
| Dec 31, 2025 | 16.40 Bn |
| Sep 30, 2025 | 15.45 Bn |
| Jun 30, 2025 | 15.71 Bn |
| Mar 31, 2025 | 15.62 Bn |
| Dec 31, 2024 | 15.78 Bn |
| Sep 30, 2024 | 16.53 Bn |
| Jun 30, 2024 | 16.42 Bn |
| Mar 31, 2024 | 16.46 Bn |
| Dec 31, 2023 | 16.11 Bn |
| Sep 30, 2023 | 15.72 Bn |
| Jun 30, 2023 | 15.45 Bn |
| Mar 31, 2023 | 11.65 Bn |
| Dec 31, 2022 | 11.26 Bn |
| Sep 30, 2022 | 10.17 Bn |
| Jun 30, 2022 | 9.72 Bn |
| Mar 31, 2022 | 9.46 Bn |
| Dec 31, 2021 | 9.86 Bn |
| Sep 30, 2021 | 8.59 Bn |
API Access
Ovintiv Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=OVV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "OVV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=OVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();