Ovintiv (OVV) Asset Writedowns and Impairment (2020 - 2026)
Ovintiv (OVV) posted quarterly Asset Writedowns and Impairment of $1.5 billion for Q1 2026, up 103.42% year-over-year from $730.0 million in Q1 2025, and up 2930.61% quarter-over-quarter from $49.0 million in Q4 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 Jun 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 for Q1 2026 stood at $1.5 billion, up from $49.0 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $1.5 billion in Q1 2026, with the low at $49.0 million in Q4 2025.
- The 3-year median for Asset Writedowns and Impairment is $450.0 million (2024), against an average of $571.0 million.
- The sharpest annual moves came in 2025 and 2026: Asset Writedowns and Impairment plunged 89.11% in 2025, then jumped 103.42% in 2026.
- Ovintiv's Asset Writedowns and Impairment stood at $450.0 million in 2024, then slumped by 89.11% to $49.0 million in 2025, then surged by 2930.61% to $1.5 billion in 2026.
- Business Quant data shows OVV's Asset Writedowns and Impairment at $1.5 billion in Q1 2026, $49.0 million in Q4 2025, and $141.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Ovintiv | 18.76 Bn | 17.88 Bn | 2.83 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 |