OVV Q4 2023 Earnings — Ovintiv Inc. Revenue & Financial Results | Market Cap Arena

OVVOvintiv Inc.

$15B

Q4 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$3.2B-1.4% YoY

Gross Profit

$1.9B61.3% margin

Operating Income

$1.2B37.5% margin

Net Income

$856M27.0% margin

EPS (Diluted)

$3.11

QoQ Revenue Growth

+19.5%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$702M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$20.0B

Total Liabilities

$9.6B

Stockholders' Equity

$10.4B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$3.2B	-1.4%
Gross Profit	$1.9B	$1.9B	+0.2%
Operating Income	$1.2B	$1.2B	+2.1%
Net Income	$856M	$1.3B	-35.9%

Revenue Segments

Natural Gas

$1.1B55%

Natural Gas Liquids

$899M45%

Natural Gas Gathering And Processing

$2M0%