Ovintiv (OVV) Non-Current Deferred Tax Liability (2018 - 2026)
Ovintiv (OVV) posted quarterly Non-Current Deferred Tax Liability of $117.0 million for Q2 2026, down 67.41% year-on-year from $359.0 million in Q2 2025, and down 35.71% on a QoQ basis from $182.0 million in Q1 2026.
Ovintiv (OVV) Non-Current Deferred Tax Liability (2018 - 2026) Analysis & Trends
Ovintiv (OVV) has reported Non-Current Deferred Tax Liability for 9 consecutive years, with $117.0 million the latest figure, recorded in Q2 2026.
- Quarterly Non-Current Deferred Tax Liability fell 67.41% year-over-year to $117.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $117.0 million (down 67.41% YoY) and the FY2025 annual result came in at $402.0 million, up 99.01% from the prior year.
- Non-Current Deferred Tax Liability slipped to $117.0 million in Q2 2026 per OVV's latest filing, from $182.0 million in the prior quarter.
- Over the last five years, Non-Current Deferred Tax Liability for OVV reached as high as $432.0 million in Q3 2025 and fell as low as $9.0 million in Q1 2022.
- A 5-year average of $198.7 million and a median of $184.0 million in 2022 frame the typical range for Non-Current Deferred Tax Liability.
- Annual changes were most pronounced in 2022 — Non-Current Deferred Tax Liability surged 4500.0% — and 2026, when it sank 67.41%.
- Year by year, Non-Current Deferred Tax Liability stood at $184.0 million in 2022, then slumped by 40.22% to $110.0 million in 2023, then surged by 83.64% to $202.0 million in 2024, then surged by 99.01% to $402.0 million in 2025, then tumbled by 70.9% to $117.0 million in 2026.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $117.0 million, $182.0 million, and $402.0 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 | 117.00 Mn |
| Jun 30, 2026 | 117.00 Mn |
| Mar 31, 2026 | 182.00 Mn |
| Mar 31, 2026 | 182.00 Mn |
| Dec 31, 2025 | 402.00 Mn |
| Dec 31, 2025 | 402.00 Mn |
| Sep 30, 2025 | 432.00 Mn |
| Sep 30, 2025 | 432.00 Mn |
| Jun 30, 2025 | 359.00 Mn |
| Jun 30, 2025 | 359.00 Mn |
| Mar 31, 2025 | 298.00 Mn |
| Mar 31, 2025 | 298.00 Mn |
| Dec 31, 2024 | 202.00 Mn |
| Dec 31, 2024 | 202.00 Mn |
| Sep 30, 2024 | 239.00 Mn |
| Sep 30, 2024 | 239.00 Mn |
| Jun 30, 2024 | 216.00 Mn |
| Jun 30, 2024 | 216.00 Mn |
| Mar 31, 2024 | 113.00 Mn |
| Mar 31, 2024 | 113.00 Mn |