What is Ovintiv's us — deferred tax assets valuation allowance?

Ovintiv (OVV) reported us — deferred tax assets valuation allowance of $271M in Q4 2022.

What does us — deferred tax assets valuation allowance mean?

A reserve set aside because the company may not be able to use certain tax benefits in the future.

Discontinued — last reported Q4 '22

StatementSegment

CategoryRisk

SignalLower is better

VolatilityStable

First reportedQ4 2022

Last reportedQ4 2022Feb 26, 2025

An increase in the allowance suggests a more pessimistic outlook on future taxable income or the recoverability of tax assets.

The valuation allowance established against deferred tax assets in the US segment when it is more likely than not that s...

Standard accounting metric for tax asset valuation under GAAP.

Metric ID: ovv_segment_us_deferred_tax_assets_valuation_allowance

1 periods

	Q4 '22
Value	$271M

What is Ovintiv's us — deferred tax assets valuation allowance?: Ovintiv (OVV) reported us — deferred tax assets valuation allowance of $271M in Q4 2022.
What does us — deferred tax assets valuation allowance mean?: A reserve set aside because the company may not be able to use certain tax benefits in the future.