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
DateValue
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