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