Ovintiv (OVV) Change in Taxes (2019 - 2026)
Ovintiv (OVV) posted quarterly Change in Taxes of -$19.0 million for Q2 2026, down 1800.0% year-over-year from $1.1 million in Q2 2025, and down 280.0% quarter-over-quarter from -$5.0 million in Q1 2026.
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 -$19.0 million for Q2 2026.
- In Q2 2026, Change in Taxes fell 1800.0% year-over-year to -$19.0 million; the TTM figure through Jun 2026 stood at -$60.0 million (down 330.77% YoY), while the FY2025 annual figure was -$18.0 million, up 92.8% from the prior year.
- Change in Taxes for Q2 2026 stood at -$19.0 million, down from -$5.0 million in the prior quarter.
- The five-year high for Change in Taxes was $83.0 million in Q1 2023, with the low at -$235.0 million in Q1 2024.
- The 5-year median for Change in Taxes is $2.0 million (2022), against an average of $1.8 million.
- The sharpest annual moves came in 2023 and 2026: Change in Taxes surged 4050.0% in 2023, then sank 1800.0% in 2026.
- Ovintiv's Change in Taxes stood at $11.0 million in 2022, then surged by 636.36% to $81.0 million in 2023, then tumbled by 113.58% to -$11.0 million in 2024, then plunged by 245.45% to -$38.0 million in 2025, then jumped by 50.0% to -$19.0 million in 2026.
- Business Quant data shows OVV's Change in Taxes at -$19.0 million in Q2 2026, -$5.0 million in Q1 2026, and -$38.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (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 | 454.72 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | -69.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | -287.00 Mn |
| 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 | -32.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -8.34 Mn |
| 10 | Ovintiv | 18.76 Bn | 17.88 Bn | 2.83 Bn | -19.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -19.00 Mn |
| Jun 30, 2026 | -19.00 Mn |
| 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 |