Ovintiv (OVV) Total Debt (2018 - 2026)
Ovintiv (OVV) posted Total Debt of $3.7 billion for Q2 2026, down 43.86% on a QoQ basis from $6.6 billion in Q1 2026, and down 30.21% year-over-year from $5.3 billion in Q2 2025.
Analysis
Ovintiv (OVV) Total Debt (2018 - 2026) Analysis & Trends
Ovintiv has reported Total Debt for 9 years, with the latest figure at $3.7 billion in Q2 2026.
- On a quarterly basis, Total Debt fell 30.21% year-over-year to $3.7 billion in Q2 2026; TTM through Jun 2026 was $3.7 billion, a 30.21% decrease from a year earlier, with the FY2025 full-year figure at $5.2 billion, down 6.4% from the prior year.
- Total Debt was $3.7 billion for Q2 2026 at Ovintiv, down from $6.6 billion in the prior quarter.
- The five-year high for Total Debt was $6.6 billion in Q1 2026, with the low at $3.7 billion in Q4 2022.
- Average Total Debt over 5 years is $5.4 billion, with a median of $5.6 billion recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Total Debt sank 41.29% in 2023, then jumped 63.85% in 2024.
- Over 5 years, Total Debt stood at $3.7 billion in 2022, then surged by 56.92% to $5.7 billion in 2023, then dropped by 3.09% to $5.6 billion in 2024, then decreased by 6.4% to $5.2 billion in 2025, then declined by 28.38% to $3.7 billion in 2026.
- The last three Total Debt figures came in at $3.7 billion (Q2 2026), $6.6 billion (Q1 2026), and $5.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 23.29 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 12.39 Bn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 7.93 Bn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 12.65 Bn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 14.38 Bn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 3.69 Bn |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 2.99 Bn |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 3.73 Bn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 3.74 Bn |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 2.61 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.73 Bn |
| Mar 31, 2026 | 6.64 Bn |
| Dec 31, 2025 | 5.20 Bn |
| Sep 30, 2025 | 5.21 Bn |
| Jun 30, 2025 | 5.34 Bn |
| Mar 31, 2025 | 5.58 Bn |
| Dec 31, 2024 | 5.56 Bn |
| Sep 30, 2024 | 5.88 Bn |
| Jun 30, 2024 | 6.09 Bn |
| Mar 31, 2024 | 6.23 Bn |
| Dec 31, 2023 | 5.74 Bn |
| Sep 30, 2023 | 6.35 Bn |
| Jun 30, 2023 | 6.14 Bn |
| Mar 31, 2023 | 3.80 Bn |
| Dec 31, 2022 | 3.66 Bn |
| Sep 30, 2022 | 4.20 Bn |
| Jun 30, 2022 | 5.13 Bn |
| Mar 31, 2022 | 6.47 Bn |
| Dec 31, 2021 | 5.49 Bn |
| Sep 30, 2021 | 6.21 Bn |