Canadian Operations — Taxes Excluding Income And Excise Taxes
Ovintiv Canadian Operations — Taxes Excluding Income And Excise Taxes increased by 60.0% to $8.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $4.00M to $8.00M. Over 4 years (FY 2021 to FY 2025), Canadian Operations — Taxes Excluding Income And Excise Taxes shows an upward trend with a 8.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Lower taxes relative to production volume indicate improved tax efficiency or favorable regulatory changes.
Detailed definition
This captures various production-related taxes, such as property taxes or severance taxes, that are distinct from corpor...
Peer comparison
Comparable to 'Production Taxes' or 'Severance Taxes' reported by other E&P firms.
ovv_segment_canadian_operations_taxes_excluding_income_and_excise_taxesHistorical Data
| 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 | $4.00M | $2.00M | $4.00M | $4.00M | $3.00M | $3.00M | $4.00M | $4.00M | $3.00M | $5.00M | $3.00M | $3.00M | $4.00M | $4.00M | $3.00M | $4.00M | $6.00M | $6.00M | $5.00M | $8.00M |
| QoQ Change | — | -50.0% | +100.0% | +0.0% | -25.0% | +0.0% | +33.3% | +0.0% | -25.0% | +66.7% | -40.0% | +0.0% | +33.3% | +0.0% | -25.0% | +33.3% | +50.0% | +0.0% | -16.7% | +60.0% |
| YoY Change | — | — | — | — | -25.0% | +50.0% | +0.0% | +0.0% | +0.0% | +66.7% | -25.0% | -25.0% | +33.3% | -20.0% | +0.0% | +33.3% | +50.0% | +50.0% | +66.7% | +100.0% |
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Frequently Asked Questions
- What is Ovintiv's canadian operations — taxes excluding income and excise taxes?
- Ovintiv (OVV) reported canadian operations — taxes excluding income and excise taxes of $8.00M in Q1 2026.
- How has Ovintiv's canadian operations — taxes excluding income and excise taxes changed year-over-year?
- Ovintiv's canadian operations — taxes excluding income and excise taxes increased by 100.0% year-over-year, from $4.00M to $8.00M.
- What is the long-term trend for Ovintiv's canadian operations — taxes excluding income and excise taxes?
- Over 4 years (2021 to 2025), Ovintiv's canadian operations — taxes excluding income and excise taxes has grown at a 8.8% compound annual growth rate (CAGR), from $15.00M to $21.00M.
- What does canadian operations — taxes excluding income and excise taxes mean?
- Taxes paid related to production and operations, excluding income and excise taxes.