Ovintiv (OVV) Current Taxes (2018 - 2026)
Ovintiv (OVV) posted quarterly Current Taxes of $2.0 million for Q2 2026, down 88.89% year-over-year from $18.0 million in Q2 2025, and down 95.12% quarter-over-quarter from $41.0 million in Q1 2026.
Ovintiv (OVV) Current Taxes (2018 - 2026) Analysis & Trends
Ovintiv's Current Taxes history runs 9 years deep, the most recent figure standing at $2.0 million for Q2 2026.
- In Q2 2026, Current Taxes fell 88.89% year-over-year to $2.0 million; the TTM figure through Jun 2026 stood at $2.0 million (down 88.89% YoY), while the FY2025 annual figure was $5.0 million, down 44.44% from the prior year.
- Current Taxes for Q2 2026 stood at $2.0 million, 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.
- The 5-year median for Current Taxes is $11.0 million (2022), against an average of $38.3 million.
- The sharpest annual moves came in 2023 and 2024: Current Taxes surged 5700.0% in 2023, then plunged 97.94% in 2024.
- Ovintiv's Current Taxes stood at $4.0 million in 2022, then soared 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.
- Business Quant data shows OVV's Current Taxes at $2.0 million in Q2 2026, $41.0 million in Q1 2026, and $5.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.62 Bn | 155.93 Bn | 12.81 Bn | 2.54 Bn |
| 2 | Canadian Natural Resources | 106.53 Bn | 104.63 Bn | 10.66 Bn | 712.80 Mn |
| 3 | Eog Resources | 80.19 Bn | 75.28 Bn | - | 697.00 Mn |
| 4 | Diamondback Energy | 59.56 Bn | 59.09 Bn | 5.55 Bn | 230.00 Mn |
| 5 | Devon Energy | 46.18 Bn | 45.17 Bn | 6.02 Bn | 414.00 Mn |
| 6 | Woodside Energy | 46.08 Bn | 40.14 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.35 Bn | 35.20 Bn | 7.73 Bn | - |
| 8 | Eqt | 33.88 Bn | 33.77 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.34 Bn | 26.09 Bn | - | 28.93 Mn |
| 10 | Ovintiv | 18.77 Bn | 17.88 Bn | 2.83 Bn | 2.00 Mn |
Historic Data
Download 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 |