OVV Q3 2023 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q3 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.6B-25.4% YoY

Gross Profit

$1.2B46.4% margin

Operating Income

$467M17.6% margin

Net Income

$406M15.3% margin

EPS (Diluted)

$1.47

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$906M

Free Cash Flow

$72M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$19.9B

Total Liabilities

$10.3B

Stockholders' Equity

$9.6B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$3.5B	-25.4%
Gross Profit	$1.2B	$2.2B	-43.6%
Operating Income	$467M	$1.4B	-66.0%
Net Income	$406M	$1.2B	-65.8%

Revenue Segments

Natural Gas Liquids

$435M52%

Natural Gas

$405M48%

Natural Gas Gathering And Processing

$1M0%