OVV Q2 2021 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q2 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.7B+133.1% YoY

Gross Profit

$575M34.0% margin

Operating Income

-$121M-7.2% margin

Net Income

-$205M-12.1% margin

EPS (Diluted)

$-0.79

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

$750M

Free Cash Flow

$367M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13.8B

Total Liabilities

$9.8B

Stockholders' Equity

$3.9B

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$726M	+133.1%
Gross Profit	$575M	-$113M	+608.8%
Operating Income	-$121M	-$4.1B	+97.0%
Net Income	-$205M	-$4.4B	+95.3%

Revenue Segments

Oil

$1.5B59%

Natural Gas Reserves

$532M22%

Natural Gas Liquids Reserves

$475M19%

Natural Gas Gathering And Processing

$2M0%