OVV Q1 2021 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q1 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.8B-30.5% YoY

Gross Profit

$866M47.1% margin

Operating Income

$195M10.6% margin

Net Income

$309M16.8% margin

EPS (Diluted)

$1.16

QoQ Revenue Growth

+20.3%

Cash Flow

Operating Cash Flow

$827M

Free Cash Flow

$477M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$10.4B

Stockholders' Equity

$4.1B

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$2.6B	-30.5%
Gross Profit	$866M	$1.7B	-47.8%
Operating Income	$195M	$759M	-74.3%
Net Income	$309M	$421M	-26.6%

Revenue Segments

Oil

$1.1B50%

Natural Gas Reserves

$681M30%

Natural Gas Liquids Reserves

$429M19%

Natural Gas Gathering And Processing

$6M0%