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Asset Retirement Obligation Accretion Expense

Ovintiv Asset Retirement Obligation Accretion Expense remained flat by 0.0% to $7M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.7%, from $6M to $7M. Over 4 years (FY 2021 to FY 2025), Asset Retirement Obligation Accretion Expense shows an upward trend with a 6.2% CAGR.

Analysis

StatementIncome Statement
SectionOther
First reportedQ1 2017
Last reportedQ1 2026May 11, 2026
Metric ID: other_asset_retirement_obligation_accretion_expense

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$6M$5M$5M$5M$5M$4M$4M$5M$4M$5M$5M$5M$4M$5M$5M$6M$8M$7M$7M$7M
QoQ Change-16.7%+0.0%+0.0%+0.0%-20.0%+0.0%+25.0%-20.0%+25.0%+0.0%+0.0%-20.0%+25.0%+0.0%+20.0%+33.3%-12.5%+0.0%+0.0%
YoY Change-16.7%-20.0%-20.0%+0.0%-20.0%+25.0%+25.0%+0.0%+0.0%+0.0%+0.0%+20.0%+100.0%+40.0%+40.0%+16.7%
Range$4M$8M
CAGR+3.3%
Avg YoY Growth+11.9%
Median YoY Growth+0.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Ovintiv's asset retirement obligation accretion expense?
Ovintiv (OVV) reported asset retirement obligation accretion expense of $7M in Q1 2026.
How has Ovintiv's asset retirement obligation accretion expense changed year-over-year?
Ovintiv's asset retirement obligation accretion expense increased by 16.7% year-over-year, from $6M to $7M.
What is the long-term trend for Ovintiv's asset retirement obligation accretion expense?
Over 4 years (2021 to 2025), Ovintiv's asset retirement obligation accretion expense has grown at a 6.2% compound annual growth rate (CAGR), from $22M to $28M.