OVV Q2 2020 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q2 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$726M-64.7% YoY

Gross Profit

-$113M-15.6% margin

Operating Income

-$4.1B-559.1% margin

Net Income

-$4.4B-603.7% margin

EPS (Diluted)

$-16.87

QoQ Revenue Growth

-72.5%

Cash Flow

Operating Cash Flow

$117M

Free Cash Flow

-$135M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.8B

Total Liabilities

$10.9B

Stockholders' Equity

$5.9B

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$726M	$2.1B	-64.7%
Gross Profit	-$113M	$1.2B	-109.2%
Operating Income	-$4.1B	$538M	-854.5%
Net Income	-$4.4B	$336M	-1404.5%

Revenue Segments

Oil

$468M46%

Natural Gas Reserves

$403M39%

Natural Gas Liquids Reserves

$150M15%

Natural Gas Gathering And Processing

$2M0%