Ovintiv OVV
NYSE OVV
$64.38 +0.28 (+0.44%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ovintiv (OVV) Operating Expenses (2019 - 2026)

Ovintiv (OVV) posted Operating Expenses of $2.0 billion for Q2 2026, down 38.56% on a QoQ basis from $3.3 billion in Q1 2026, and up 11.73% year-over-year from $1.8 billion in Q2 2025.

Analysis

Ovintiv (OVV) Operating Expenses (2019 - 2026) Analysis & Trends

Ovintiv has reported Operating Expenses for 8 years, with the latest figure at $2.0 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 11.73% year-over-year to $2.0 billion in Q2 2026; TTM through Jun 2026 was $8.8 billion, a 6.7% increase from a year earlier, with the FY2025 full-year figure at $7.8 billion, up 2.69% from the prior year.
  • Operating Expenses was $2.0 billion for Q2 2026 at Ovintiv, down from $3.3 billion in the prior quarter.
  • The five-year high for Operating Expenses was $3.3 billion in Q1 2026, with the low at $1.7 billion in Q4 2025.
  • Average Operating Expenses over 5 years is $2.1 billion, with a median of $2.0 billion recorded in 2023.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses decreased 21.73% in 2025, then surged 33.25% in 2026.
  • Over 5 years, Operating Expenses stood at $2.0 billion in 2022, then retreated by 3.42% to $2.0 billion in 2023, then increased by 10.52% to $2.2 billion in 2024, then fell by 21.73% to $1.7 billion in 2025, then rose by 18.0% to $2.0 billion in 2026.
  • The last three Operating Expenses figures came in at $2.0 billion (Q2 2026), $3.3 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 166.07 Bn 158.38 Bn 12.81 Bn 2.43 Bn
2 Canadian Natural Resources 107.37 Bn 105.48 Bn 8.84 Bn 114.95 Mn
3 Eog Resources 77.26 Bn 72.36 Bn - 5.09 Bn
4 Diamondback Energy 56.93 Bn 56.47 Bn 5.55 Bn 3.05 Bn
5 Devon Energy 45.90 Bn 44.89 Bn 6.02 Bn 5.03 Bn
6 Expand Energy 23.03 Bn 21.76 Bn 2.33 Bn 2.30 Bn
7 Permian Resources 19.81 Bn 19.55 Bn - 929.86 Mn
8 Ovintiv 18.04 Bn 17.15 Bn 2.83 Bn 2.02 Bn
9 Apa 15.80 Bn 15.36 Bn 2.28 Bn 1.12 Bn
10 Antero Resources 12.13 Bn 11.56 Bn 1.56 Bn 1.18 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.02 Bn
Mar 31, 2026 3.29 Bn
Dec 31, 2025 1.71 Bn
Sep 30, 2025 1.79 Bn
Jun 30, 2025 1.81 Bn
Mar 31, 2025 2.47 Bn
Dec 31, 2024 2.19 Bn
Sep 30, 2024 1.80 Bn
Jun 30, 2024 1.73 Bn
Mar 31, 2024 1.86 Bn
Dec 31, 2023 1.98 Bn
Sep 30, 2023 2.18 Bn
Jun 30, 2023 1.99 Bn
Mar 31, 2023 1.87 Bn
Dec 31, 2022 2.05 Bn
Sep 30, 2022 2.18 Bn
Jun 30, 2022 2.22 Bn
Mar 31, 2022 2.17 Bn
Dec 31, 2021 1.89 Bn
Sep 30, 2021 1.79 Bn