OVV Q3 2024 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.3B-12.3% YoY

Gross Profit

$1.2B53.7% margin

Operating Income

$527M22.7% margin

Net Income

$507M21.8% margin

EPS (Diluted)

$1.92

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$484M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$19.9B

Total Liabilities

$9.2B

Stockholders' Equity

$10.7B

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.6B	-12.3%
Gross Profit	$1.2B	$1.2B	+1.5%
Operating Income	$527M	$467M	+12.8%
Net Income	$507M	$406M	+24.9%

Revenue Segments

Natural Gas

$218M99%

Natural Gas Gathering And Processing

$3M1%