OVV Q3 2021 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q3 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.7B+130.2% YoY

Gross Profit

$1.1B41.2% margin

Operating Income

$952M34.8% margin

Net Income

-$72M-2.6% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

+61.9%

Cash Flow

Operating Cash Flow

$812M

Free Cash Flow

$447M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13.6B

Total Liabilities

$9.8B

Stockholders' Equity

$3.8B

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$1.2B	+130.2%
Gross Profit	$1.1B	$415M	+171.8%
Operating Income	$952M	-$1.5B	+163.2%
Net Income	-$72M	-$1.5B	+95.3%

Revenue Segments

Oil

$1.5B54%

Natural Gas Reserves

$682M25%

Natural Gas Liquids Reserves

$561M21%

Natural Gas Gathering And Processing

$1M0%