Ovintiv Inc. Annual Income Tax Expense (Benefit) in USD from 2017 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Ovintiv Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2017 to 2024.
  • Ovintiv Inc. Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was -$41M, a 119% decline year-over-year.
  • Ovintiv Inc. Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $226M, a 46.8% decline year-over-year.
  • Ovintiv Inc. annual Income Tax Expense (Benefit) for 2024 was $226M, a 46.8% decline from 2023.
  • Ovintiv Inc. annual Income Tax Expense (Benefit) for 2023 was $425M.
  • Ovintiv Inc. annual Income Tax Expense (Benefit) for 2022 was -$77M, a 56.5% increase from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $226M -$199M -46.8% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-26
2023 $425M +$502M Jan 1, 2023 Dec 31, 2023 10-K 2025-02-26
2022 -$77M +$100M +56.5% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-26
2021 -$177M -$544M -148% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-27
2020 $367M +$286M +353% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-27
2019 $81M -$13M -13.8% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $94M -$509M -84.4% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-18
2017 $603M Jan 1, 2017 Dec 31, 2017 10-K 2020-02-21
* An asterisk sign (*) next to the value indicates that the value is likely invalid.