Ovintiv (OVV) Deferred Taxes (2019 - 2026)

Ovintiv (OVV) posted quarterly Deferred Taxes of $61.0 million for Q2 2026, down 7.58% year-on-year from $66.0 million in Q2 2025, and up 129.05% on a QoQ basis from -$210.0 million in Q1 2026.

Ovintiv (OVV) Deferred Taxes (2019 - 2026) Analysis & Trends

Ovintiv (OVV) has reported Deferred Taxes for 8 consecutive years, with $61.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Deferred Taxes fell 7.58% year-over-year to $61.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$652.0 million (down 2228.57% YoY) and the FY2025 annual result came in at -$514.0 million, down 456.94% from the prior year.
  • Deferred Taxes grew to $61.0 million in Q2 2026 per OVV's latest filing, from -$210.0 million in the prior quarter.
  • Over the last five years, Deferred Taxes for OVV reached as high as $111.0 million in Q4 2023 and fell as low as -$533.0 million in Q4 2025.
  • A 5-year average of -$25.7 million and a median of $38.5 million in 2023 frame the typical range for Deferred Taxes.
  • The largest YoY upside for Deferred Taxes was 8700.0% in 2022 against a maximum downside of 11150.0% in 2022.
  • Year by year, Deferred Taxes stood at -$225.0 million in 2022, then jumped by 149.33% to $111.0 million in 2023, then tumbled by 134.23% to -$38.0 million in 2024, then tumbled by 1302.63% to -$533.0 million in 2025, then soared by 111.44% to $61.0 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered $61.0 million, -$210.0 million, and -$533.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 102.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 18.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -242.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 50.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 81.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -3.58 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 234.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 319.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 61.00 Mn

Historic Data

Download Data
DateValue
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