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| 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 |