Ovintiv (OVV) Tax Provisions (2018 - 2026)

Ovintiv (OVV) posted quarterly Tax Provisions of $83.0 million for Q2 2026, down 9.78% year-on-year from $92.0 million in Q2 2025, and up 142.13% on a QoQ basis from -$197.0 million in Q1 2026.

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

Ovintiv (OVV) has reported Tax Provisions for 9 consecutive years, with $83.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Tax Provisions fell 9.78% year-over-year to $83.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$644.0 million (down 544.14% YoY) and the FY2025 annual result came in at -$472.0 million, down 308.85% from the prior year.
  • Tax Provisions advanced to $83.0 million in Q2 2026 per OVV's latest filing, from -$197.0 million in the prior quarter.
  • Over the last five years, Tax Provisions for OVV reached as high as $211.0 million in Q4 2023 and fell as low as -$574.0 million in Q4 2025.
  • A 5-year average of $7.9 million and a median of $65.0 million in 2022 frame the typical range for Tax Provisions.
  • The largest YoY upside for Tax Provisions was 8700.0% in 2022 against a maximum downside of 11150.0% in 2022.
  • Year by year, Tax Provisions stood at -$225.0 million in 2022, then surged by 193.78% to $211.0 million in 2023, then slumped by 119.43% to -$41.0 million in 2024, then plunged by 1300.0% to -$574.0 million in 2025, then surged by 114.46% to $83.0 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $83.0 million, -$197.0 million, and -$574.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 1.18 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 575.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 32.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 1.10 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 154.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 84.93 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 40.66 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -188.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 330.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 83.00 Mn

Historic Data

Download Data
DateValue
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