Ovintiv (OVV) Deferred Taxes (2019 - 2026)
Ovintiv (OVV) posted Deferred Taxes of $61.0 million for Q2 2026, up 129.05% on a QoQ basis from -$210.0 million in Q1 2026, and down 7.58% year-over-year from $66.0 million in Q2 2025.
Analysis
Ovintiv (OVV) Deferred Taxes (2019 - 2026) Analysis & Trends
Ovintiv has reported Deferred Taxes for 8 years, with the latest figure at $61.0 million in Q2 2026.
- On a quarterly basis, Deferred Taxes fell 7.58% year-over-year to $61.0 million in Q2 2026; TTM through Jun 2026 was -$652.0 million, a 2228.57% decrease from a year earlier, with the FY2025 full-year figure at -$514.0 million, down 456.94% from the prior year.
- Deferred Taxes was $61.0 million for Q2 2026 at Ovintiv, 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.
- Average Deferred Taxes over 5 years is -$25.7 million, with a median of $38.5 million recorded in 2023.
- The largest YoY upside for Deferred Taxes was 8700.0% in 2022 against a maximum downside of 11150.0% in 2022.
- Over 5 years, Deferred Taxes stood at -$225.0 million in 2022, then soared 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 surged by 111.44% to $61.0 million in 2026.
- The last three Deferred Taxes figures came in at $61.0 million (Q2 2026), -$210.0 million (Q1 2026), and -$533.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 47.00 Mn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 225.55 Mn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 346.00 Mn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 36.00 Mn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 95.00 Mn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 146.00 Mn |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 217.61 Mn |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 61.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 216.00 Mn |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 76.86 Mn |
Historic Data
Download Data
Historic 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 |