Ovintiv (OVV) Change in Taxes (2019 - 2026)
Ovintiv (OVV) recorded quarterly Change in Taxes of -$5.0 million in Q1 2026, up 86.84% quarter-over-quarter from -$38.0 million in Q4 2025, and down 126.32% on a YoY basis from $19.0 million in Q1 2025.
Ovintiv (OVV) Change in Taxes (2019 - 2026) Analysis & Trends
Ovintiv's Change in Taxes history runs 8 years deep, the most recent figure standing at -$5.0 million for Q1 2026.
- In Q1 2026, Change in Taxes fell 126.32% year-over-year to -$5.0 million; the TTM figure through Mar 2026 stood at -$42.0 million (down 1150.0% YoY), while the FY2025 annual figure was -$18.0 million, up 92.8% from the prior year.
- Change in Taxes was -$5.0 million for Q1 2026 at Ovintiv, up from -$38.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $83.0 million in Q1 2023 to a low of -$235.0 million in Q1 2024.
- Historically, Change in Taxes has averaged $3.0 million across 5 years, with a median of $2.0 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Change in Taxes soared 4050.0% in 2023, then slumped 383.13% in 2024.
- A 5-year view of Change in Taxes shows it stood at $11.0 million in 2022, then soared by 636.36% to $81.0 million in 2023, then plunged by 113.58% to -$11.0 million in 2024, then sank by 245.45% to -$38.0 million in 2025, then soared by 86.84% to -$5.0 million in 2026.
- The last three Change in Taxes figures came in at -$5.0 million (Q1 2026), -$38.0 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | - |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 467.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 35.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 287.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Ovintiv | 15.16 Bn | 15.16 Bn | 2.35 Bn | -5.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.00 Mn |
| Mar 31, 2026 | -5.00 Mn |
| Dec 31, 2025 | -38.00 Mn |
| Dec 31, 2025 | -38.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | -1.00 Mn |
| Jun 30, 2025 | -1.00 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Dec 31, 2024 | -11.00 Mn |
| Dec 31, 2024 | -11.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | -23.00 Mn |
| Jun 30, 2024 | -23.00 Mn |
| Mar 31, 2024 | -235.00 Mn |
| Mar 31, 2024 | -235.00 Mn |
| Dec 31, 2023 | 81.00 Mn |
| Dec 31, 2023 | 81.00 Mn |