OVV Q1 2022 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q1 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.0B+7.0% YoY

Gross Profit

$543M27.6% margin

Operating Income

-$200M-10.2% margin

Net Income

-$241M-12.3% margin

EPS (Diluted)

$-0.94

QoQ Revenue Growth

-41.1%

Cash Flow

Operating Cash Flow

$685M

Free Cash Flow

$234M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$10.2B

Stockholders' Equity

$4.7B

Cash & Equivalents

$271M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.8B	+7.0%
Gross Profit	$543M	$866M	-37.3%
Operating Income	-$200M	$195M	-202.6%
Net Income	-$241M	$309M	-178.0%

Revenue Segments

Oil

$2.0B58%

Natural Gas Reserves

$808M24%

Natural Gas Liquids Reserves

$632M19%

Natural Gas Gathering And Processing

$1M0%