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
DateValue
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