Ovintiv (OVV) Long-Term Deferred Tax (2018 - 2026)
Ovintiv (OVV) posted quarterly Long-Term Deferred Tax of $29.0 million for Q2 2026, down 84.74% year-on-year from $190.0 million in Q2 2025, and down 81.29% on a QoQ basis from $155.0 million in Q1 2026.
Ovintiv (OVV) Long-Term Deferred Tax (2018 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Long-Term Deferred Tax for 8 consecutive years, with $29.0 million the latest figure, recorded in Q2 2026.
- Quarterly Long-Term Deferred Tax fell 84.74% year-over-year to $29.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.0 million (down 84.74% YoY) and the FY2025 annual result came in at $744.0 million, up 7340.0% from the prior year.
- Long-Term Deferred Tax eased to $29.0 million in Q2 2026 per OVV's latest filing, from $155.0 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for OVV reached as high as $744.0 million in Q4 2025 and fell as low as $10.0 million in Q4 2024.
- A 5-year average of $188.7 million and a median of $184.0 million in 2025 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2025 — Long-Term Deferred Tax jumped 7340.0% — and 2026, when it slumped 84.74%.
- Year by year, Long-Term Deferred Tax stood at $271.0 million in 2022, then tumbled by 80.44% to $53.0 million in 2023, then slumped by 81.13% to $10.0 million in 2024, then soared by 7340.0% to $744.0 million in 2025, then tumbled by 96.1% to $29.0 million in 2026.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $29.0 million, $155.0 million, and $744.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.00 Mn |
| Mar 31, 2026 | 155.00 Mn |
| Dec 31, 2025 | 744.00 Mn |
| Sep 30, 2025 | 227.00 Mn |
| Jun 30, 2025 | 190.00 Mn |
| Mar 31, 2025 | 184.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Dec 31, 2023 | 53.00 Mn |
| Sep 30, 2023 | 199.00 Mn |
| Jun 30, 2023 | 157.00 Mn |
| Mar 31, 2023 | 221.00 Mn |
| Dec 31, 2022 | 271.00 Mn |
| Mar 31, 2022 | 13.00 Mn |
| Mar 31, 2020 | 540.00 Mn |
| Dec 31, 2019 | 601.00 Mn |
| Dec 31, 2018 | 835.00 Mn |