Ovintiv (OVV) Deferred Taxes (2019 - 2026)
Ovintiv (OVV) posted quarterly Deferred Taxes of $61.0 million for Q2 2026, down 7.58% year-over-year from $66.0 million in Q2 2025, and up 129.05% quarter-over-quarter from -$210.0 million in Q1 2026.
Ovintiv (OVV) Deferred Taxes (2019 - 2026) Analysis & Trends
Ovintiv's Deferred Taxes history runs 8 years deep, the most recent figure standing at $61.0 million for Q2 2026.
- In Q2 2026, Deferred Taxes fell 7.58% year-over-year to $61.0 million; the TTM figure through Jun 2026 stood at -$652.0 million (down 2228.57% YoY), while the FY2025 annual figure was -$514.0 million, down 456.94% from the prior year.
- Deferred Taxes for Q2 2026 stood at $61.0 million, up from -$210.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $111.0 million in Q4 2023, with the low at -$533.0 million in Q4 2025.
- The 5-year median for Deferred Taxes is $38.5 million (2023), against an average of -$25.7 million.
- Peak annual rise in Deferred Taxes reached 8700.0% in 2022, while the deepest fall reached 11150.0% in 2022.
- Ovintiv's Deferred Taxes stood at -$225.0 million in 2022, then jumped by 149.33% to $111.0 million in 2023, then slumped by 134.23% to -$38.0 million in 2024, then slumped by 1302.63% to -$533.0 million in 2025, then soared by 111.44% to $61.0 million in 2026.
- Business Quant data shows OVV's Deferred Taxes at $61.0 million in Q2 2026, -$210.0 million in Q1 2026, and -$533.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 47.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 225.55 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 346.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 36.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 95.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 707.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 81.22 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -1.61 Mn |
| 10 | Ovintiv | 18.76 Bn | 17.88 Bn | 2.83 Bn | 61.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.00 Mn |
| Mar 31, 2026 | -210.00 Mn |
| Dec 31, 2025 | -533.00 Mn |
| Sep 30, 2025 | 30.00 Mn |
| Jun 30, 2025 | 66.00 Mn |
| Mar 31, 2025 | -77.00 Mn |
| Dec 31, 2024 | -38.00 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Jun 30, 2024 | 103.00 Mn |
| Mar 31, 2024 | 58.00 Mn |
| Dec 31, 2023 | 111.00 Mn |
| Sep 30, 2023 | -78.00 Mn |
| Jun 30, 2023 | 47.00 Mn |
| Mar 31, 2023 | 64.00 Mn |
| Dec 31, 2022 | -225.00 Mn |
| Sep 30, 2022 | 88.00 Mn |
| Jun 30, 2022 | 58.00 Mn |
| Mar 31, 2022 | -8.00 Mn |
| Dec 31, 2021 | -2.00 Mn |
| Sep 30, 2021 | 1.00 Mn |