Operating Expenses
Impairment Charges
Ovintiv Impairment Charges increased by 2930.6% to $1.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 103.4%, from $730.00M to $1.49B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026May 11, 2026
How to read this metric
An increase signals potential issues with past investments or a decline in the value of specific business units or intangible assets.
Detailed definition
Impairment charges represent the reduction in the carrying value of an asset when its fair value falls below its book va...
Peer comparison
Commonly seen during market downturns or following unsuccessful M&A activity.
Metric ID:
impairment_chargesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $450.00M | $730.00M | $0.00 | $141.00M | $49.00M | $1.49B |
| QoQ Change | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | +62.2% | -100.0% | — | -65.2% | >999% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -89.1% | +103.4% |
Range$0.00 – $1.49B
Avg YoY Growth+7.2%
Median YoY Growth+7.2%
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Usa Operations | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $49.00M |
| Canadian Operations | $0.00 | $0.00 | $0.00 | $450.00M | $730.00M | $0.00 | $141.00M | $0.00 |
| Total | $0.00 | $0.00 | $0.00 | $450.00M | $730.00M | $0.00 | $141.00M | $49.00M |
Impairment Charges at Other Companies
Frequently Asked Questions
- What is Ovintiv's impairment charges?
- Ovintiv (OVV) reported impairment charges of $1.49B in Q1 2026.
- How has Ovintiv's impairment charges changed year-over-year?
- Ovintiv's impairment charges increased by 103.4% year-over-year, from $730.00M to $1.49B.
- What does impairment charges mean?
- A one-time accounting charge taken when an asset's value drops significantly.