OVV Q1 2020 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q1 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.6B+114.0% YoY

Gross Profit

$1.7B62.8% margin

Operating Income

$759M28.7% margin

Net Income

$421M15.9% margin

EPS (Diluted)

$1.62

QoQ Revenue Growth

+68.9%

Cash Flow

Operating Cash Flow

$566M

Free Cash Flow

-$224M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.5B

Total Liabilities

$11.3B

Stockholders' Equity

$10.2B

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$1.2B	+114.0%
Gross Profit	$1.7B	$512M	+224.0%
Operating Income	$759M	-$227M	+434.4%
Net Income	$421M	-$245M	+271.8%

Revenue Segments

Oil

$854M54%

Natural Gas Reserves

$449M29%

Natural Gas Liquids Reserves

$267M17%