Ovintiv (OVV) Tax Provisions (2018 - 2026)

Ovintiv (OVV) recorded quarterly Tax Provisions of $13.0 million in Q1 2026, up 102.34% quarter-over-quarter from -$555.0 million in Q4 2025, and down 69.77% on a YoY basis from $43.0 million in Q1 2025.

Ovintiv (OVV) Tax Provisions (2018 - 2026) Analysis & Trends

Ovintiv's Tax Provisions history runs 9 years deep, the most recent figure standing at $13.0 million for Q1 2026.

  • In Q1 2026, Tax Provisions fell 69.77% year-over-year to $13.0 million; the TTM figure through Mar 2026 stood at -$502.0 million (down 540.35% YoY), while the FY2025 annual figure was -$472.0 million, down 675.61% from the prior year.
  • Tax Provisions was $13.0 million for Q1 2026 at Ovintiv, up from -$555.0 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $101.0 million in Q2 2023 to a low of -$555.0 million in Q4 2025.
  • Historically, Tax Provisions has averaged -$4.5 million across 5 years, with a median of $26.0 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Tax Provisions surged 1342.86% in 2023, then slumped 18400.0% in 2025.
  • A 5-year view of Tax Provisions shows it stood at -$138.0 million in 2022, then surged by 172.46% to $100.0 million in 2023, then tumbled by 103.0% to -$3.0 million in 2024, then plunged by 18400.0% to -$555.0 million in 2025, then jumped by 102.34% to $13.0 million in 2026.
  • The last three Tax Provisions figures came in at $13.0 million (Q1 2026), -$555.0 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 404.71 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 1.18 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 575.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 154.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 32.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -35.82 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 433.35 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -73.74 Mn
10 Ovintiv 15.16 Bn 15.16 Bn 2.35 Bn 13.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.00 Mn
Dec 31, 2025 -555.00 Mn
Sep 30, 2025 14.00 Mn
Jun 30, 2025 26.00 Mn
Mar 31, 2025 43.00 Mn
Dec 31, 2024 -3.00 Mn
Sep 30, 2024 51.00 Mn
Jun 30, 2024 23.00 Mn
Mar 31, 2024 32.00 Mn
Dec 31, 2023 100.00 Mn
Sep 30, 2023 65.00 Mn
Jun 30, 2023 101.00 Mn
Mar 31, 2023 62.00 Mn
Dec 31, 2022 -138.00 Mn
Sep 30, 2022 88.00 Mn
Jun 30, 2022 7.00 Mn
Mar 31, 2022 -5.00 Mn
Dec 31, 2021 -2.00 Mn
Mar 31, 2021 -156.00 Mn
Dec 31, 2020 -28.00 Mn