During the past 12 months, Civitas Resources's average Free Cash Flow per Share Growth Rate was -70.30% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 22.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
During the past 9 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Civitas Resources was 22.70% per year. The lowest was 5.30% per year. And the median was 11.40% per year.
Competitive Comparison of Civitas Resources's 3-Year FCF Growth Rate
For the Oil & Gas E&P subindustry, Civitas Resources's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.
Civitas Resources's 3-Year FCF Growth Rate Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Civitas Resources's 3-Year FCF Growth Rate distribution charts can be found below:
* The bar in red indicates where Civitas Resources's 3-Year FCF Growth Rate falls into.
Civitas Resources 3-Year FCF Growth Rate Calculation
This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
Civitas Resources (NYSE:CIVI) 3-Year FCF Growth Rate Explanation
Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.
Civitas Resources 3-Year FCF Growth Rate Related Terms
Thank you for viewing the detailed overview of Civitas Resources's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Civitas Resources (Civitas Resources) Business Description
Civitas Resources Inc is an independent exploration and production company engaged in the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, in the Denver-Julesburg Basin of Colorado (DJ Basin). The company's operations are focused on developing the horizontal Niobrara and Codell formations that have a low-cost structure, mature infrastructure, production efficiencies, multiple producing horizons, multiple service providers, established reserves, and prospective drilling opportunities.
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