Operating
Asset write-downs
Ovintiv Asset write-downs 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 increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026May 11, 2026
How to read this metric
High impairment charges suggest poor past investment decisions or deteriorating market conditions for specific business units.
Detailed definition
These are non-cash charges recognized when the carrying value of an asset exceeds its fair market value. They indicate t...
Peer comparison
Common in insurance and financial services during economic downturns; peers will report these when asset valuations decline.
Metric ID:
operating_asset_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 |
Asset write-downs at Other Companies
Frequently Asked Questions
- What is Ovintiv's asset write-downs?
- Ovintiv (OVV) reported asset write-downs of $1.49B in Q1 2026.
- How has Ovintiv's asset write-downs changed year-over-year?
- Ovintiv's asset write-downs increased by 103.4% year-over-year, from $730.00M to $1.49B.
- What does asset write-downs mean?
- A write-down in the value of assets that are no longer worth as much as previously recorded.