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-over-year from $190.0 million in Q2 2025, and down 81.29% quarter-over-quarter from $155.0 million in Q1 2026.
Ovintiv (OVV) Long-Term Deferred Tax (2018 - 2026) Analysis & Trends
Ovintiv's Long-Term Deferred Tax history runs 8 years deep, the most recent figure standing at $29.0 million for Q2 2026.
- In Q2 2026, Long-Term Deferred Tax fell 84.74% year-over-year to $29.0 million; the TTM figure through Jun 2026 stood at $29.0 million (down 84.74% YoY), while the FY2025 annual figure was $744.0 million, up 7340.0% from the prior year.
- Long-Term Deferred Tax for Q2 2026 stood at $29.0 million, down from $155.0 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $744.0 million in Q4 2025, with the low at $10.0 million in Q4 2024.
- The 5-year median for Long-Term Deferred Tax is $184.0 million (2025), against an average of $188.7 million.
- The sharpest annual moves came in 2025 and 2026: Long-Term Deferred Tax surged 7340.0% in 2025, then slumped 84.74% in 2026.
- Ovintiv's Long-Term Deferred Tax stood at $271.0 million in 2022, then slumped by 80.44% to $53.0 million in 2023, then sank by 81.13% to $10.0 million in 2024, then soared by 7340.0% to $744.0 million in 2025, then slumped by 96.1% to $29.0 million in 2026.
- Business Quant data shows OVV's Long-Term Deferred Tax at $29.0 million in Q2 2026, $155.0 million in Q1 2026, and $744.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Ovintiv | 18.76 Bn | 17.88 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 |