CapEx
Ovintiv CapEx increased by 30.1% to $605.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $617.00M to $605.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 9.0% CAGR.
Analysis
How to read this metric
An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...
Peer comparison
Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.
capital_expendituresHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $383.00M | $365.00M | $421.00M | $451.00M | $511.00M | $511.00M | $358.00M | $610.00M | $640.00M | $834.00M | $660.00M | $591.00M | $622.00M | $538.00M | $552.00M | $617.00M | $521.00M | $544.00M | $465.00M | $605.00M |
| QoQ Change | — | -4.7% | +15.3% | +7.1% | +13.3% | +0.0% | -29.9% | +70.4% | +4.9% | +30.3% | -20.9% | -10.5% | +5.2% | -13.5% | +2.6% | +11.8% | -15.6% | +4.4% | -14.5% | +30.1% |
| YoY Change | — | — | — | — | +33.4% | +40.0% | -15.0% | +35.3% | +25.2% | +63.2% | +84.4% | -3.1% | -2.8% | -35.5% | -16.4% | +4.4% | -16.2% | +1.1% | -15.8% | -1.9% |
Business Segments
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Usa Operations | $372.00M | $410.00M | $416.00M | $295.00M | $467.00M | $502.00M | $695.00M | $525.00M |
| Canadian Operations | $78.00M | $101.00M | $95.00M | $60.00M | $142.00M | $137.00M | $136.00M | $134.00M |
| Total | $451.00M | $511.00M | $511.00M | $358.00M | $610.00M | $640.00M | $834.00M | $660.00M |
Canadian Operations, Usa Operations were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
CapEx at Other Companies
Frequently Asked Questions
- What is Ovintiv's capex?
- Ovintiv (OVV) reported capex of $605.00M in Q1 2026.
- How has Ovintiv's capex changed year-over-year?
- Ovintiv's capex decreased by 1.9% year-over-year, from $617.00M to $605.00M.
- What is the long-term trend for Ovintiv's capex?
- Over 4 years (2021 to 2025), Ovintiv's capex has grown at a 9.0% compound annual growth rate (CAGR), from $1.52B to $2.15B.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.