OVV Q2 2022 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q2 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$3.7B+120.8% YoY

Gross Profit

$2.2B59.6% margin

Operating Income

$1.5B40.6% margin

Net Income

$1.4B36.3% margin

EPS (Diluted)

$5.21

QoQ Revenue Growth

+89.9%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$833M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$9.1B

Stockholders' Equity

$5.8B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$1.7B	+120.8%
Gross Profit	$2.2B	$575M	+287.0%
Operating Income	$1.5B	-$121M	+1352.9%
Net Income	$1.4B	-$205M	+762.0%

Revenue Segments

Oil

$2.2B56%

Natural Gas Reserves

$1.1B27%

Natural Gas Liquids Reserves

$703M18%