Ovintiv (OVV) Tax Provisions (2018 - 2026)
Ovintiv (OVV) posted Tax Provisions of $83.0 million for Q2 2026, up 142.13% on a QoQ basis from -$197.0 million in Q1 2026, and down 9.78% year-over-year from $92.0 million in Q2 2025.
Analysis
Ovintiv (OVV) Tax Provisions (2018 - 2026) Analysis & Trends
Ovintiv has reported Tax Provisions for 9 years, with the latest figure at $83.0 million in Q2 2026.
- On a quarterly basis, Tax Provisions fell 9.78% year-over-year to $83.0 million in Q2 2026; TTM through Jun 2026 was -$644.0 million, a 544.14% decrease from a year earlier, with the FY2025 full-year figure at -$472.0 million, down 308.85% from the prior year.
- Tax Provisions was $83.0 million for Q2 2026 at Ovintiv, 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.
- Average Tax Provisions over 5 years is $7.9 million, with a median of $65.0 million recorded in 2022.
- The largest YoY upside for Tax Provisions was 8700.0% in 2022 against a maximum downside of 11150.0% in 2022.
- Over 5 years, Tax Provisions stood at -$225.0 million in 2022, then jumped 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 jumped by 114.46% to $83.0 million in 2026.
- The last three Tax Provisions figures came in at $83.0 million (Q2 2026), -$197.0 million (Q1 2026), and -$574.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | 775.70 Mn |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 473.00 Mn |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 150.00 Mn |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | 223.39 Mn |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 83.00 Mn |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 234.00 Mn |
| 10 | Antero Resources | 12.17 Bn | 11.60 Bn | 1.56 Bn | 79.00 Mn |
Historic Data
Download Data
Historic 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 |