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-on-year from $1.1 million in Q2 2025, and down 280.0% on a QoQ basis from -$5.0 million in Q1 2026.
Ovintiv (OVV) Change in Taxes (2019 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Change in Taxes for 8 consecutive years, with -$19.0 million the latest figure, recorded in Q2 2026.
- Quarterly Change in Taxes fell 1800.0% year-over-year to -$19.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$60.0 million (down 330.77% YoY) and the FY2025 annual result came in at -$18.0 million, up 92.8% from the prior year.
- Change in Taxes declined to -$19.0 million in Q2 2026 per OVV's latest filing, from -$5.0 million in the prior quarter.
- Over the last five years, Change in Taxes for OVV reached as high as $83.0 million in Q1 2023 and fell as low as -$235.0 million in Q1 2024.
- A 5-year average of $1.8 million and a median of $2.0 million in 2022 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2023 — Change in Taxes jumped 4050.0% — and 2026, when it sank 1800.0%.
- Year by year, Change in Taxes stood at $11.0 million in 2022, then surged 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 jumped by 50.0% to -$19.0 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered -$19.0 million, -$5.0 million, and -$38.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | - |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 467.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 287.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 35.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 33.26 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | - |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | - |
| 10 | Ovintiv | 16.84 Bn | 15.96 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 |