diff --git a/.coveragerc b/.coveragerc
index 5b553d66..20f1132a 100644
--- a/.coveragerc
+++ b/.coveragerc
@@ -1,7 +1,8 @@
 [run]
 branch = True
-source = utils
-omit = utils/tests/*,utils/openstack/*
+source = oslo_utils
+omit = oslo_utils/tests/*
 
 [report]
 ignore_errors = True
+precision = 2
diff --git a/.gitignore b/.gitignore
index dfe851d0..ed883345 100644
--- a/.gitignore
+++ b/.gitignore
@@ -23,6 +23,7 @@ pip-log.txt
 
 # Unit test / coverage reports
 .coverage
+cover
 .tox
 nosetests.xml
 .testrepository
diff --git a/tox.ini b/tox.ini
index 4109c9a4..e9346994 100644
--- a/tox.ini
+++ b/tox.ini
@@ -26,7 +26,7 @@ commands = {posargs}
 commands = python setup.py build_sphinx
 
 [testenv:cover]
-commands = python setup.py testr --coverage --testr-args='{posargs}'
+commands = python setup.py test --coverage --coverage-package-name=oslo_utils --testr-args='{posargs}'
 
 [flake8]
 ignore = E123,H405
@@ -39,4 +39,4 @@ exclude=.venv,.git,.tox,dist,doc,*openstack/common*,*lib/python*,*egg,build,__in
 # this also means that pip-missing-reqs must be installed separately, outside
 # of the requirements.txt files
 deps = pip_missing_reqs
-commands = pip-missing-reqs -d --ignore-module=oslo_utils* --ignore-module=pkg_resources --ignore-file=oslo_utils/test.py --ignore-file=oslo_utils/tests/* oslo_utils
\ No newline at end of file
+commands = pip-missing-reqs -d --ignore-module=oslo_utils* --ignore-module=pkg_resources --ignore-file=oslo_utils/test.py --ignore-file=oslo_utils/tests/* oslo_utils