The 56-year-old entertainer, who hosted the show seven years ago as well, opening the show by poking fun at the various celebs and nominees that evening.
Check out the monologue below, where she talks about Jennifer Lawrence tripping on stage last year, as well as her trip out of her car just moments before! She also zinged Jonah Hill, June Squibb, Amy Adams, and many more.
FYI: Ellen is wearing head to toe Saint Laurent.
Ellen DeGeneres’ Oscars 2014 Opening Monologue – Watch Now!