Ovintiv Income Tax Expense from 2010 to 2024

OVV Stock  USD 45.42  0.07  0.15%   
Ovintiv Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Ovintiv Income Tax Expense regression line of quarterly data had mean square error of 1069208 T and geometric mean of  318,662,380. View All Fundamentals
 
Income Tax Expense  
First Reported
2001-09-30
Previous Quarter
126 M
Current Value
51 M
Quarterly Volatility
377.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 467.4 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0343 or PTB Ratio of 1.08. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.

Latest Ovintiv's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Ovintiv over the last few years. It is Ovintiv's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovintiv's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Ovintiv Income Tax Expense Regression Statistics

Arithmetic Mean(160,918,903)
Geometric Mean318,662,380
Coefficient Of Variation(641.52)
Mean Deviation690,454,064
Median81,000,000
Standard Deviation1,032,325,328
Sample Variance1065695.6T
Range4B
R-Value0.26
Mean Square Error1069208T
R-Squared0.07
Significance0.35
Slope60,357,089
Total Sum of Squares14919738.1T

Ovintiv Income Tax Expense History

2024446.2 M
2023425 M
2022-77 M
2021-177 M
2020367 M
201981 M
201894 M

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Income Tax Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense425 M446.2 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.