OVV Q2 2024 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.3B-9.1% YoY

Gross Profit

$1.3B56.2% margin

Operating Income

$556M24.3% margin

Net Income

$340M14.9% margin

EPS (Diluted)

$1.27

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$398M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$19.8B

Total Liabilities

$9.5B

Stockholders' Equity

$10.3B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.5B	-9.1%
Gross Profit	$1.3B	$1.3B	-3.3%
Operating Income	$556M	$531M	+4.7%
Net Income	$340M	$336M	+1.2%

Revenue Segments

Natural Gas

$228M100%

Natural Gas Gathering And Processing

$1M0%