OVV Q2 2019 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q2 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.1B+109.1% YoY

Gross Profit

$1.2B59.8% margin

Operating Income

$538M26.2% margin

Net Income

$336M16.4% margin

EPS (Diluted)

$1.22

QoQ Revenue Growth

+66.4%

Cash Flow

Operating Cash Flow

$906M

Free Cash Flow

$156M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.7B

Total Liabilities

$11.7B

Stockholders' Equity

$10.0B

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$983M	+109.1%
Gross Profit	$1.2B	$400M	+207.0%
Operating Income	$538M	-$116M	+563.8%
Net Income	$336M	-$151M	+322.5%