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
DateValue
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