Ovintiv (OVV) Current Taxes (2018 - 2026)
Ovintiv (OVV) posted Current Taxes of $2.0 million for Q2 2026, down 95.12% on a QoQ basis from $41.0 million in Q1 2026, and down 88.89% year-over-year from $18.0 million in Q2 2025.
Analysis
Ovintiv (OVV) Current Taxes (2018 - 2026) Analysis & Trends
Ovintiv has reported Current Taxes for 9 years, with the latest figure at $2.0 million in Q2 2026.
- On a quarterly basis, Current Taxes fell 88.89% year-over-year to $2.0 million in Q2 2026; TTM through Jun 2026 was $2.0 million, a 88.89% decrease from a year earlier, with the FY2025 full-year figure at $5.0 million, down 44.44% from the prior year.
- Current Taxes was $2.0 million for Q2 2026 at Ovintiv, down from $41.0 million in the prior quarter.
- The five-year high for Current Taxes was $232.0 million in Q4 2023, with the low at $2.0 million in Q2 2024.
- Average Current Taxes over 5 years is $38.3 million, with a median of $11.0 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Current Taxes jumped 5700.0% in 2023, then plunged 97.94% in 2024.
- Over 5 years, Current Taxes stood at $4.0 million in 2022, then surged by 5700.0% to $232.0 million in 2023, then sank by 96.12% to $9.0 million in 2024, then sank by 44.44% to $5.0 million in 2025, then slumped by 60.0% to $2.0 million in 2026.
- The last three Current Taxes figures came in at $2.0 million (Q2 2026), $41.0 million (Q1 2026), and $5.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 2.54 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 712.80 Mn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 697.00 Mn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 230.00 Mn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 414.00 Mn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | - |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 2.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |