Business Segments · Asset Impairment Charges
Usa Operations — Asset Impairment Charges
Ovintiv Usa Operations — Asset Impairment Charges increased by 2167.3% to $1.11B in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026May 11, 2026
Rolls up toImpairment Charges
How to read this metric
An increase signals potential overvaluation of assets or a deteriorating outlook for commodity prices and reserve recovery.
Detailed definition
Non-cash charges recognized when the carrying value of oil and gas properties exceeds their estimated fair value. This o...
Peer comparison
Standard accounting impairment testing (e.g., Ceiling Test) required for all E&P companies.
Metric ID:
ovv_segment_usa_operations_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 | $0.00 | $0.00 | $0.00 | $0.00 | $49.00M | $1.11B |
| QoQ Change | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | >999% |
Range$0.00 – $1.11B
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Frequently Asked Questions
- What is Ovintiv's usa operations — asset impairment charges?
- Ovintiv (OVV) reported usa operations — asset impairment charges of $1.11B in Q1 2026.
- What does usa operations — asset impairment charges mean?
- A write-down of asset values when they are deemed to be worth less than their book value.