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
DateValue
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