Operating Expenses
Accretion Expense
Ovintiv Accretion Expense remained flat by 0.0% to $7.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.7%, from $6.00M to $7.00M. Over 4 years (FY 2021 to FY 2025), Accretion Expense shows an upward trend with a 6.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 11, 2026
How to read this metric
A steady, predictable expense that grows as the settlement date for the obligation approaches.
Detailed definition
The periodic expense recognized to increase the carrying amount of an asset retirement obligation liability due to the p...
Peer comparison
Standard accounting practice for long-term liabilities; peers report this as a non-cash operating expense.
Metric ID:
tmusz_asset_retirement_obligation_accretionHistorical 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 | $6.00M | $5.00M | $5.00M | $5.00M | $5.00M | $4.00M | $4.00M | $5.00M | $4.00M | $5.00M | $5.00M | $5.00M | $4.00M | $5.00M | $5.00M | $6.00M | $8.00M | $7.00M | $7.00M | $7.00M |
| 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$4.00M – $8.00M
CAGR+3.3%
Avg YoY Growth+11.9%
Median YoY Growth+0.0%
Current Streak2 quarters growth
Accretion Expense at Other Companies
Frequently Asked Questions
- What is Ovintiv's accretion expense?
- Ovintiv (OVV) reported accretion expense of $7.00M in Q1 2026.
- How has Ovintiv's accretion expense changed year-over-year?
- Ovintiv's accretion expense increased by 16.7% year-over-year, from $6.00M to $7.00M.
- What is the long-term trend for Ovintiv's accretion expense?
- Over 4 years (2021 to 2025), Ovintiv's accretion expense has grown at a 6.2% compound annual growth rate (CAGR), from $22.00M to $28.00M.
- What does accretion expense mean?
- The non-cash expense representing the interest-like growth of retirement liabilities over time.