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OVV Q1 2023 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena
OVV
Ovintiv Inc.
$15B
Q1 2023 Earnings
Energy
Oil & Gas Exploration & Production
Income Statement
Revenue
$2.6B
+29.7% YoY
Gross Profit
$1.4B
55.0% margin
Operating Income
$678M
26.6% margin
Net Income
$487M
19.1% margin
EPS (Diluted)
$1.97
QoQ Revenue Growth
-20.6%
Cash Flow
Operating Cash Flow
$1.1B
Free Cash Flow
$458M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$15.1B
Total Liabilities
$7.2B
Stockholders' Equity
$7.9B
Cash & Equivalents
$26M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$2.6B
$2.0B
+29.7%
Gross Profit
$1.4B
$543M
+158.2%
Operating Income
$678M
-$200M
+439.0%
Net Income
$487M
-$241M
+302.1%
Revenue Segments
Natural Gas Reserves
$690M
61%
Natural Gas Liquids Reserves
$441M
39%
Natural Gas Gathering And Processing
$1M
0%
← FY 2023
All Quarters
Q2 2023 →