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