Business Segments · Goodwill

Canadian Operations — Goodwill

Ovintiv Canadian Operations — Goodwill increased by 41.8% to $905.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 48.8%, from $608.00M to $905.00M. Over 4 years (FY 2021 to FY 2025), Canadian Operations — Goodwill shows relatively stable performance with a -2.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalHigher is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 11, 2026
Rolls up toGoodwill

How to read this metric

A decrease often signals an impairment charge, suggesting that the expected future economic benefits of the acquired assets have declined.

Detailed definition

Goodwill represents the premium paid for the Canadian segment's assets over their fair market value during past acquisit...

Peer comparison

Standard accounting line item found in segment disclosures for companies that have grown through M&A.

Metric ID: ovv_segment_canadian_operations_goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$705.00M$686.00M$690.00M$700.00M$679.00M$638.00M$646.00M$646.00M$660.00M$647.00M$661.00M$645.00M$639.00M$648.00M$608.00M$608.00M$641.00M$628.00M$638.00M$905.00M
QoQ Change-2.7%+0.6%+1.4%-3.0%-6.0%+1.3%+0.0%+2.2%-2.0%+2.2%-2.4%-0.9%+1.4%-6.2%+0.0%+5.4%-2.0%+1.6%+41.8%
YoY Change-3.7%-7.0%-6.4%-7.7%-2.8%+1.4%+2.3%-0.2%-3.2%+0.2%-8.0%-5.7%+0.3%-3.1%+4.9%+48.8%
Range$608.00M$905.00M
CAGR+5.4%
Avg YoY Growth+0.6%
Median YoY Growth-2.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Ovintiv's canadian operations — goodwill?
Ovintiv (OVV) reported canadian operations — goodwill of $905.00M in Q1 2026.
How has Ovintiv's canadian operations — goodwill changed year-over-year?
Ovintiv's canadian operations — goodwill increased by 48.8% year-over-year, from $608.00M to $905.00M.
What is the long-term trend for Ovintiv's canadian operations — goodwill?
Over 4 years (2021 to 2025), Ovintiv's canadian operations — goodwill has grown at a -2.4% compound annual growth rate (CAGR), from $2.78B to $2.52B.
What does canadian operations — goodwill mean?
The intangible asset value recorded when the Canadian segment was acquired for more than its net asset value.