Ovintiv (OVV) Operating Leases (2019 - 2026)

Ovintiv (OVV) recorded quarterly Operating Leases of $1.2 billion in Q1 2026, up 5.79% quarter-over-quarter from $1.1 billion in Q4 2025, and up 5.6% on a YoY basis from $1.1 billion in Q1 2025.

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

Ovintiv's Operating Leases history runs 8 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

  • In Q1 2026, Operating Leases rose 5.6% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $1.2 billion (up 5.6% YoY), while the FY2025 annual figure was $1.1 billion, up 49.93% from the prior year.
  • Operating Leases was $1.2 billion for Q1 2026 at Ovintiv, up from $1.1 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $1.2 billion in Q1 2026 to a low of $737.0 million in Q4 2024.
  • Historically, Operating Leases has averaged $911.5 million across 5 years, with a median of $832.0 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases dropped 11.42% in 2024, then surged 49.93% in 2025.
  • A 5-year view of Operating Leases shows it stood at $814.0 million in 2022, then rose by 2.21% to $832.0 million in 2023, then decreased by 11.42% to $737.0 million in 2024, then jumped by 49.93% to $1.1 billion in 2025, then grew by 5.79% to $1.2 billion in 2026.
  • The last three Operating Leases figures came in at $1.2 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn
4 Eog Resources 72.93 Bn 69.08 Bn -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn
10 Ovintiv 15.16 Bn 15.16 Bn 2.35 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 938.00 Mn