Geographic · Current Income Tax Expense Benefit
CA — Current Income Tax Expense Benefit
Ovintiv CA — Current Income Tax Expense Benefit decreased by 42.9% to $12.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 62.5%, from $32.00M to $12.00M. Over 3 years (FY 2021 to FY 2024), CA — Current Income Tax Expense Benefit shows an upward trend with a -22.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 11, 2026
Rolls up toIncome Tax
How to read this metric
An increase in expense reduces net cash flow, while an increase in benefit improves liquidity.
Detailed definition
Represents the actual income tax liability or benefit payable to tax authorities for the current period within the Canad...
Peer comparison
Standard across E&P companies reporting geographic segment tax provisions.
Metric ID:
ovv_segment_ca_current_income_tax_expense_benefitHistorical Data
19 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $41.00M | $44.00M | -$94.00M | $62.00M | $46.00M | $62.00M | $99.00M | $18.00M | $13.00M | $14.00M | $29.00M | $32.00M | $25.00M | $21.00M | $12.00M |
| QoQ Change | — | — | — | — | — | +7.3% | -313.6% | +166.0% | -25.8% | +34.8% | +59.7% | -81.8% | -27.8% | +7.7% | +107.1% | +10.3% | -21.9% | -16.0% | -42.9% |
| YoY Change | — | — | — | — | — | — | — | — | +12.2% | +40.9% | +205.3% | -71.0% | -71.7% | -77.4% | -70.7% | +77.8% | +92.3% | +50.0% | -62.5% |
Range-$94.00M – $99.00M
Avg YoY Growth+11.4%
Median YoY Growth+12.2%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Ovintiv's ca — current income tax expense benefit?
- Ovintiv (OVV) reported ca — current income tax expense benefit of $12.00M in Q1 2026.
- How has Ovintiv's ca — current income tax expense benefit changed year-over-year?
- Ovintiv's ca — current income tax expense benefit decreased by 62.5% year-over-year, from $32.00M to $12.00M.
- What is the long-term trend for Ovintiv's ca — current income tax expense benefit?
- Over 3 years (2021 to 2024), Ovintiv's ca — current income tax expense benefit has grown at a -22.0% compound annual growth rate (CAGR), from -$156.00M to $74.00M.
- What does ca — current income tax expense benefit mean?
- The actual income tax owed or refunded for the Canadian segment based on current year earnings.