What is Ovintiv's capex?

Ovintiv (OVV) reported capex of $605M in Q1 2026.

How has Ovintiv's capex changed year-over-year?

Ovintiv's capex decreased by 1.9% year-over-year, from $617M to $605M.

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 property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Ovintiv OVV CapEx

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Other financials

Income statement

See full

Revenue$2.5B+6.5%

Operating income-$754.0M-747%

Net income-$630.0M-296%

EPS (diluted)-$2.35-285%

Balance sheet

See full

Cash & equivalents$26.0M+225%

Total debt$7.8B+15.6%

Total equity$11.6B+14.7%

Total assets$22.3B+13.7%

Cash flow

See full

Operating cash flow$1.1B+21.0%

Free cash flow$451.0M+76.2%

Valuation

See full

Market cap$15.82B+50.4%

Enterprise value$23.61B+38.1%

P/E20.5×+4.5×

P/S1.8×+0.6×

Profitability

See full

Operating margin5.1%-5.7pp

Net margin8.5%+1.0pp

FCF margin18.8%+1.3pp

Returns & leverage

See full

Return on equity7.1%+0.4pp

Debt / equity0.7×0.0×

Current ratio0.6×+0.1×

Where this comes from

Reported directly by Ovintiv in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Ovintiv’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ovintiv's capex?: Ovintiv (OVV) reported capex of $605M in Q1 2026.
How has Ovintiv's capex changed year-over-year?: Ovintiv's capex decreased by 1.9% year-over-year, from $617M to $605M.
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 property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.