Ovintiv (OVV) Total Debt (2018 - 2026)
Ovintiv (OVV) posted quarterly Total Debt of $3.7 billion for Q2 2026, down 30.71% year-on-year from $5.3 billion in Q2 2025, and down 42.25% on a QoQ basis from $6.4 billion in Q1 2026.
Ovintiv (OVV) Total Debt (2018 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Total Debt for 9 consecutive years, with $3.7 billion the latest figure, recorded in Q2 2026.
- Quarterly Total Debt fell 30.71% year-over-year to $3.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.7 billion (down 30.71% YoY) and the FY2025 annual result came in at $5.2 billion, down 4.6% from the prior year.
- Total Debt declined to $3.7 billion in Q2 2026 per OVV's latest filing, from $6.4 billion in the prior quarter.
- Over the last five years, Total Debt for OVV reached as high as $6.4 billion in Q1 2026 and fell as low as $3.6 billion in Q4 2022.
- A 5-year average of $5.1 billion and a median of $5.4 billion in 2024 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2023 — Total Debt jumped 70.34% — and 2026, when it sank 30.71%.
- Year by year, Total Debt stood at $3.6 billion in 2022, then jumped by 60.7% to $5.7 billion in 2023, then decreased by 4.95% to $5.5 billion in 2024, then slipped by 4.6% to $5.2 billion in 2025, then decreased by 28.97% to $3.7 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $3.7 billion, $6.4 billion, and $5.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 23.33 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 7.93 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 13.90 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 11.96 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 15.67 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 5.77 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 8.39 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 5.88 Bn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 3.70 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.70 Bn |
| Mar 31, 2026 | 6.40 Bn |
| Dec 31, 2025 | 5.20 Bn |
| Sep 30, 2025 | 5.21 Bn |
| Jun 30, 2025 | 5.33 Bn |
| Mar 31, 2025 | 5.54 Bn |
| Dec 31, 2024 | 5.45 Bn |
| Sep 30, 2024 | 5.88 Bn |
| Jun 30, 2024 | 6.09 Bn |
| Mar 31, 2024 | 6.20 Bn |
| Dec 31, 2023 | 5.74 Bn |
| Sep 30, 2023 | 6.16 Bn |
| Jun 30, 2023 | 6.13 Bn |
| Mar 31, 2023 | 3.76 Bn |
| Dec 31, 2022 | 3.57 Bn |
| Sep 30, 2022 | 3.62 Bn |
| Jun 30, 2022 | 3.90 Bn |
| Mar 31, 2022 | 4.78 Bn |
| Dec 31, 2021 | 4.79 Bn |
| Sep 30, 2021 | 4.79 Bn |