Ovintiv (OVV) Current Taxes (2018 - 2026)

Ovintiv (OVV) posted quarterly Current Taxes of $2.0 million for Q2 2026, down 88.89% year-on-year from $18.0 million in Q2 2025, and down 95.12% on a QoQ basis from $41.0 million in Q1 2026.

Ovintiv (OVV) Current Taxes (2018 - 2026) Analysis & Trends

Ovintiv (OVV) has reported Current Taxes for 9 consecutive years, with $2.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Current Taxes fell 88.89% year-over-year to $2.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.0 million (down 88.89% YoY) and the FY2025 annual result came in at $5.0 million, down 44.44% from the prior year.
  • Current Taxes fell to $2.0 million in Q2 2026 per OVV's latest filing, from $41.0 million in the prior quarter.
  • Over the last five years, Current Taxes for OVV reached as high as $232.0 million in Q4 2023 and fell as low as $2.0 million in Q2 2024.
  • A 5-year average of $38.3 million and a median of $11.0 million in 2022 frame the typical range for Current Taxes.
  • Annual changes were most pronounced in 2023 — Current Taxes jumped 5700.0% — and 2024, when it plunged 97.94%.
  • Year by year, Current Taxes stood at $4.0 million in 2022, then soared by 5700.0% to $232.0 million in 2023, then slumped by 96.12% to $9.0 million in 2024, then slumped by 44.44% to $5.0 million in 2025, then tumbled by 60.0% to $2.0 million in 2026.
  • According to Business Quant data, Current Taxes over the past three periods registered $2.0 million, $41.0 million, and $5.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.13 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 766.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 517.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 539.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn -
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 37.27 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 2.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 2.00 Mn
Mar 31, 2026 41.00 Mn
Dec 31, 2025 5.00 Mn
Sep 30, 2025 28.00 Mn
Jun 30, 2025 18.00 Mn
Mar 31, 2025 14.00 Mn
Dec 31, 2024 9.00 Mn
Sep 30, 2024 4.00 Mn
Jun 30, 2024 2.00 Mn
Mar 31, 2024 10.00 Mn
Dec 31, 2023 232.00 Mn
Sep 30, 2023 151.00 Mn
Jun 30, 2023 97.00 Mn
Mar 31, 2023 47.00 Mn
Dec 31, 2022 4.00 Mn
Sep 30, 2022 7.00 Mn
Jun 30, 2022 12.00 Mn
Mar 31, 2022 6.00 Mn
Dec 31, 2021 4.00 Mn
Sep 30, 2021 4.00 Mn