Ovintiv (OVV) Operating Leases (2019 - 2026)

Ovintiv (OVV) posted quarterly Operating Leases of $1.1 billion for Q2 2026, down 2.53% year-on-year from $1.1 billion in Q2 2025, and down 4.36% on a QoQ basis from $1.2 billion in Q1 2026.

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

Ovintiv (OVV) has reported Operating Leases for 8 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.

  • Quarterly Operating Leases fell 2.53% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.1 billion (down 2.53% YoY) and the FY2025 annual result came in at $1.1 billion, up 49.93% from the prior year.
  • Operating Leases declined to $1.1 billion in Q2 2026 per OVV's latest filing, from $1.2 billion in the prior quarter.
  • Over the last five years, Operating Leases for OVV reached as high as $1.2 billion in Q1 2026 and fell as low as $737.0 million in Q4 2024.
  • A 5-year average of $923.0 million and a median of $839.5 million in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2024 — Operating Leases declined 11.42% — and 2025, when it soared 49.93%.
  • Year by year, Operating Leases stood at $814.0 million in 2022, then advanced by 2.21% to $832.0 million in 2023, then dropped by 11.42% to $737.0 million in 2024, then soared by 49.93% to $1.1 billion in 2025, then rose by 1.18% to $1.1 billion in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $1.1 billion, $1.2 billion, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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

Historic Data

Download Data
DateValue
Jun 30, 2026 1.12 Bn
Mar 31, 2026 1.17 Bn
Dec 31, 2025 1.11 Bn
Sep 30, 2025 1.11 Bn
Jun 30, 2025 1.15 Bn
Mar 31, 2025 1.11 Bn
Dec 31, 2024 737.00 Mn
Sep 30, 2024 798.00 Mn
Jun 30, 2024 804.00 Mn
Mar 31, 2024 818.00 Mn
Dec 31, 2023 832.00 Mn
Sep 30, 2023 813.00 Mn
Jun 30, 2023 847.00 Mn
Mar 31, 2023 809.00 Mn
Dec 31, 2022 814.00 Mn
Sep 30, 2022 812.00 Mn
Jun 30, 2022 876.00 Mn
Mar 31, 2022 903.00 Mn
Dec 31, 2021 889.00 Mn
Sep 30, 2021 900.00 Mn