FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
As of today, Ovintiv's Trailing 12-Month Free Cash Flow is $1,423 Mil, and Market Cap is $14,324 Mil. Therefore, Ovintiv's FCF Yield % for today is 9.93%.
The historical rank and industry rank for Ovintiv's FCF Yield % or its related term are showing as below:
OVV'
s FCF Yield % Range Over the Past 10 Years
Min: -31.07 Med: 1.41 Max: 46.18
Current: 9.93
During the past 13 years, the highest FCF Yield % of Ovintiv was 46.18%. The lowest was -31.07%. And the median was 1.41%.
OVV's FCF Yield % is ranked better than 73.33% of 1080
companies
in the Oil & Gas industry
Industry Median: 1.945
vs OVV: 9.93
The historical data trend for Ovintiv's FCF Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Ovintiv's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ovintiv's FCF Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ovintiv's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Ovintiv's FCF Yield % falls into.
Ovintiv FCF Yield % Calculation
FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Ovintiv's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ovintiv FCF Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Ovintiv FCF Yield % Related Terms
Thank you for viewing the detailed overview of Ovintiv's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ovintiv is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2019, the company reported net proven reserves of 1,348 million barrels of oil equivalent. Net production averaged 543 thousand barrels of oil equivalent per day in 2020 at a ratio of 53% oil and natural gas liquids and 47% natural gas.
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