Ovintiv (OVV) Asset Writedowns and Impairment (2020 - 2026)

Ovintiv (OVV) has reported Asset Writedowns and Impairment for 4 consecutive years, with $1.5 billion the latest figure, recorded in Q1 2026.

• Quarterly Asset Writedowns and Impairment rose 103.42% year-over-year to $1.5 billion in Q1 2026, while the trailing twelve-month figure through Jun 2026 was $1.7 billion (up 41.95% YoY) and the FY2025 annual result came in at $920.0 million, up 104.44% from the prior year.
• Asset Writedowns and Impairment advanced to $1.5 billion in Q1 2026 per OVV's latest filing, from $49.0 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for OVV reached as high as $1.5 billion in Q1 2026 and fell as low as $49.0 million in Q4 2025.
• A 3-year average of $571.0 million and a median of $450.0 million in 2024 frame the typical range for Asset Writedowns and Impairment.
• Annual changes were most pronounced in 2025 — Asset Writedowns and Impairment plunged 89.11% — and 2026, when it soared 103.42%.
• Year by year, Asset Writedowns and Impairment stood at $450.0 million in 2024, then tumbled by 89.11% to $49.0 million in 2025, then surged by 2930.61% to $1.5 billion in 2026.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $1.5 billion, $49.0 million, and $141.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.