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| Date | Value |
|---|---|
| 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 |