Ovintiv (OVV) Asset Writedowns and Impairment (2020 - 2026)
Ovintiv (OVV) recorded quarterly Asset Writedowns and Impairment of $1.5 billion in Q1 2026, up 2930.61% quarter-over-quarter from $49.0 million in Q4 2025, and up 103.42% on a YoY basis from $730.0 million in Q1 2025.
Ovintiv (OVV) Asset Writedowns and Impairment (2020 - 2026) Analysis & Trends
Ovintiv's Asset Writedowns and Impairment history runs 4 years deep, the most recent figure standing at $1.5 billion for Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment rose 103.42% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $1.7 billion (up 41.95% YoY), while the FY2025 annual figure was $920.0 million, up 104.44% from the prior year.
- Asset Writedowns and Impairment was $1.5 billion for Q1 2026 at Ovintiv, up from $49.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.5 billion in Q1 2026 to a low of $49.0 million in Q4 2025.
- Historically, Asset Writedowns and Impairment has averaged $571.0 million across 3 years, with a median of $450.0 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Asset Writedowns and Impairment sank 89.11% in 2025, then surged 103.42% in 2026.
- A 3-year view of Asset Writedowns and Impairment shows it stood at $450.0 million in 2024, then tumbled by 89.11% to $49.0 million in 2025, then soared by 2930.61% to $1.5 billion in 2026.
- The last three Asset Writedowns and Impairment figures came in at $1.5 billion (Q1 2026), $49.0 million (Q4 2025), and $141.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Woodside Energy | 639.66 Bn | 633.72 Bn | - |
| 2 | Canadian Natural Resources | 395.91 Bn | 395.91 Bn | 6.72 Bn |
| 3 | Conocophillips | 147.10 Bn | 140.74 Bn | 9.48 Bn |
| 4 | Eog Resources | 74.80 Bn | 70.95 Bn | - |
| 5 | Occidental Petroleum | 56.58 Bn | 53.39 Bn | 4.87 Bn |
| 6 | Diamondback Energy | 55.66 Bn | 61.83 Bn | 4.22 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.54 Bn | 34.93 Bn | 472.36 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn |
| 9 | Vermilion Energy | 32.08 Bn | 31.89 Bn | 370.10 Mn |
| 10 | Ovintiv | 15.58 Bn | 15.57 Bn | 2.35 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.49 Bn |
| Mar 31, 2026 | 1.49 Bn |
| Dec 31, 2025 | 49.00 Mn |
| Dec 31, 2025 | 49.00 Mn |
| Sep 30, 2025 | 141.00 Mn |
| Sep 30, 2025 | 141.00 Mn |
| Mar 31, 2025 | 730.00 Mn |
| Mar 31, 2025 | 730.00 Mn |
| Dec 31, 2024 | 450.00 Mn |
| Dec 31, 2024 | 450.00 Mn |
| Dec 31, 2020 | 717.00 Mn |
| Dec 31, 2020 | 717.00 Mn |
| Sep 30, 2020 | 1.34 Bn |
| Sep 30, 2020 | 1.34 Bn |
| Jun 30, 2020 | 3.25 Bn |
| Jun 30, 2020 | 3.25 Bn |
| Mar 31, 2020 | 277.00 Mn |
| Mar 31, 2020 | 277.00 Mn |