$OVV
Ovintiv Inc.

2024 Q4 Form 10-Q Financial Statement

#000095017024123514 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $2.324B
YoY Change -12.27%
Cost Of Revenue $713.0M
YoY Change -39.47%
Gross Profit $1.611B
YoY Change 9.52%
Gross Profit Margin 69.32%
Selling, General & Admin $480.0M
YoY Change -6.43%
% of Gross Profit 29.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $599.0M
YoY Change 23.25%
% of Gross Profit 37.18%
Operating Expenses $1.797B
YoY Change -17.64%
Operating Profit $527.0M
YoY Change 12.85%
Interest Expense $103.0M
YoY Change 5.1%
% of Operating Profit 19.54%
Other Income/Expense, Net $151.0M
YoY Change 7450.0%
Pretax Income $558.0M
YoY Change 41.98%
Income Tax $51.00M
% Of Pretax Income 9.14%
Net Earnings $507.0M
YoY Change 24.88%
Net Earnings / Revenue 21.82%
Basic Earnings Per Share $1.93
Diluted Earnings Per Share $1.92
COMMON SHARES
Basic Shares Outstanding 260.3M 263.6M
Diluted Shares Outstanding 264.0M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.000M
YoY Change 200.0%
Cash & Equivalents $9.000M
Short-Term Investments
Other Short-Term Assets $144.0M
YoY Change 188.0%
Inventory
Prepaid Expenses
Receivables $1.290B
Other Receivables $64.00M
Total Short-Term Assets $1.507B
YoY Change -4.68%
LONG-TERM ASSETS
Property, Plant & Equipment $14.82B
YoY Change 2.08%
Goodwill $2.586B
YoY Change 0.04%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $943.0M
YoY Change -6.26%
Total Long-Term Assets $18.35B
YoY Change 0.18%
TOTAL ASSETS
Total Short-Term Assets $1.507B
Total Long-Term Assets $18.35B
Total Assets $19.86B
YoY Change -0.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.777B
YoY Change -26.57%
Accrued Expenses $86.00M
YoY Change 6.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $1.024B
YoY Change 44.43%
Total Short-Term Liabilities $2.892B
YoY Change -18.37%
LONG-TERM LIABILITIES
Long-Term Debt $4.853B
YoY Change -11.02%
Other Long-Term Liabilities $156.0M
YoY Change 25.81%
Total Long-Term Liabilities $5.009B
YoY Change -10.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.892B
Total Long-Term Liabilities $5.009B
Total Liabilities $9.204B
YoY Change -11.06%
SHAREHOLDERS EQUITY
Retained Earnings $1.644B
YoY Change -2235.06%
Common Stock $8.028B
YoY Change -7.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.66B
YoY Change
Total Liabilities & Shareholders Equity $19.86B
YoY Change -0.21%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $507.0M
YoY Change 24.88%
Depreciation, Depletion And Amortization $599.0M
YoY Change 23.25%
Cash From Operating Activities $1.022B
YoY Change 12.8%
INVESTING ACTIVITIES
Capital Expenditures $538.0M
YoY Change -35.49%
Acquisitions $0.00
YoY Change
Other Investing Activities -$26.00M
YoY Change -3.7%
Cash From Investing Activities -$516.0M
YoY Change -39.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -453.0M
YoY Change 348.51%
NET CHANGE
Cash From Operating Activities 1.022B
Cash From Investing Activities -516.0M
Cash From Financing Activities -453.0M
Net Change In Cash 51.00M
YoY Change -204.08%
FREE CASH FLOW
Cash From Operating Activities $1.022B
Capital Expenditures $538.0M
Free Cash Flow $484.0M
YoY Change 572.22%

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