Ovintiv (TSX:OVV) Deferred Tax : C$194 Mil (TTM As of Dec. 2024)

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What is Ovintiv Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Ovintiv's change in deferred tax for the three months ended in Dec. 2024 was C$-54 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2024 was C$194 Mil.

Ovintiv Deferred Tax Historical Data

The historical data trend for Ovintiv's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ovintiv Deferred Tax Chart

Ovintiv Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Deferred Tax

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488.02

-26.88

-118.19

193.19

205.16

Ovintiv Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Deferred Tax	Get a 7-Day Free Trial															148.92	78.51	141.16	28.45	-54.14

Ovintiv Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$194 Mil.

Ovintiv Deferred Tax Related Terms

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Ovintiv Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ovintiv Inc (TSX:OVV) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

OVV:USA 47Q:Germany 47Q:Germany

Address

370 - 17th Street, Suite 1700, Denver, CO, USA, 80202

Website

https://www.ovintiv.com

Ovintiv Inc is a North American oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs and natural gas. The company has two operating segments: USA Operations, and Canadian Operations. The USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. The Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada.

Executives

Katherine Lucas Minyard	Director
Joanne Linette Cox	Senior Officer
Stephen Carter Campbell	Senior Officer
Rachel Maureen Moore	Senior Officer
Howard John Mayson	Director
Douglas James Suttles	Director, Senior Officer
Thomas Gregory Ricks	Director
Brendan Michael Mccracken	Senior Officer
Michael Mcallister	Senior Officer
David Glen Hill	Senior Officer
Corey Douglas Code	Senior Officer
Brian Gordon Shaw	Director
Bruce G. Waterman	Director
Fred John Fowler	Director
Michael Williams	Director