Ovintiv (OVV) Tax Provisions (2018 - 2026)
Ovintiv (OVV) posted quarterly Tax Provisions of $83.0 million for Q2 2026, down 9.78% year-over-year from $92.0 million in Q2 2025, and up 142.13% quarter-over-quarter from -$197.0 million in Q1 2026.
Ovintiv (OVV) Tax Provisions (2018 - 2026) Analysis & Trends
Ovintiv's Tax Provisions history runs 9 years deep, the most recent figure standing at $83.0 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 9.78% year-over-year to $83.0 million; the TTM figure through Jun 2026 stood at -$644.0 million (down 544.14% YoY), while the FY2025 annual figure was -$472.0 million, down 308.85% from the prior year.
- Tax Provisions for Q2 2026 stood at $83.0 million, up from -$197.0 million in the prior quarter.
- The five-year high for Tax Provisions was $211.0 million in Q4 2023, with the low at -$574.0 million in Q4 2025.
- The 5-year median for Tax Provisions is $65.0 million (2022), against an average of $7.9 million.
- Peak annual rise in Tax Provisions reached 8700.0% in 2022, while the deepest fall reached 11150.0% in 2022.
- Ovintiv's Tax Provisions stood at -$225.0 million in 2022, then surged by 193.78% to $211.0 million in 2023, then sank by 119.43% to -$41.0 million in 2024, then tumbled by 1300.0% to -$574.0 million in 2025, then surged by 114.46% to $83.0 million in 2026.
- Business Quant data shows OVV's Tax Provisions at $83.0 million in Q2 2026, -$197.0 million in Q1 2026, and -$574.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 775.70 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 473.00 Mn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 915.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 84.93 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 39.77 Mn |
| 10 | Ovintiv | 18.69 Bn | 17.80 Bn | 2.83 Bn | 83.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 83.00 Mn |
| Mar 31, 2026 | -197.00 Mn |
| Dec 31, 2025 | -574.00 Mn |
| Sep 30, 2025 | 44.00 Mn |
| Jun 30, 2025 | 92.00 Mn |
| Mar 31, 2025 | 43.00 Mn |
| Dec 31, 2024 | -41.00 Mn |
| Sep 30, 2024 | 51.00 Mn |
| Jun 30, 2024 | 126.00 Mn |
| Mar 31, 2024 | 90.00 Mn |
| Dec 31, 2023 | 211.00 Mn |
| Sep 30, 2023 | 65.00 Mn |
| Jun 30, 2023 | 101.00 Mn |
| Mar 31, 2023 | 126.00 Mn |
| Dec 31, 2022 | -225.00 Mn |
| Sep 30, 2022 | 88.00 Mn |
| Jun 30, 2022 | 65.00 Mn |
| Mar 31, 2022 | -5.00 Mn |
| Dec 31, 2021 | -2.00 Mn |
| Sep 30, 2021 | 1.00 Mn |