Non-Current Liabilities

Derivative Liabilities (Non-Current)

Ovintiv Derivative Liabilities (Non-Current) decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $13.00M to $0.00. Over 5 years (FY 2020 to FY 2025), Derivative Liabilities (Non-Current) shows a downward trend with a -36.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026May 11, 2026

How to read this metric

An increase indicates growing long-term hedging losses, while a decrease suggests the expiration or settlement of long-term derivative obligations.

Detailed definition

This represents the fair value of derivative financial instruments in a liability position that are expected to be settl...

Peer comparison

Standard for companies with long-dated hedging strategies; peers in the energy sector often carry these on their balance sheets.

Metric ID: derivative_liabilities_noncurrent

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$183.00M$246.00M$25.00M$42.00M$15.00M$8.00M$0.00$22.00M$7.00M$4.00M$2.00M$8.00M$6.00M$3.00M$21.00M$13.00M$16.00M$22.00M$13.00M$0.00
QoQ Change+34.4%-89.8%+68.0%-64.3%-46.7%-100.0%-68.2%-42.9%-50.0%+300.0%-25.0%-50.0%+600.0%-38.1%+23.1%+37.5%-40.9%-100.0%
YoY Change-91.8%-96.7%-100.0%-47.6%-53.3%-50.0%-63.6%-14.3%-25.0%+950.0%+62.5%+166.7%+633.3%-38.1%-100.0%
Range$0.00$246.00M
CAGR-100.0%
Avg YoY Growth+75.5%
Median YoY Growth-47.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Ovintiv's derivative liabilities (non-current)?
Ovintiv (OVV) reported derivative liabilities (non-current) of $0.00 in Q1 2026.
How has Ovintiv's derivative liabilities (non-current) changed year-over-year?
Ovintiv's derivative liabilities (non-current) decreased by 100.0% year-over-year, from $13.00M to $0.00.
What is the long-term trend for Ovintiv's derivative liabilities (non-current)?
Over 5 years (2020 to 2025), Ovintiv's derivative liabilities (non-current) has grown at a -36.4% compound annual growth rate (CAGR), from $125.00M to $13.00M.
What does derivative liabilities (non-current) mean?
Long-term derivative contracts that currently represent a financial loss to the company.