During the past 12 months, Devon Energy's average Free Cash Flow per Share Growth Rate was -22.40% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 99.20% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 63.10% 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 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Devon Energy was 152.50% per year. The lowest was -194.50% per year. And the median was -13.30% per year.
Competitive Comparison of Devon Energy's 3-Year FCF Growth Rate
For the Oil & Gas E&P subindustry, Devon Energy'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.
Devon Energy's 3-Year FCF Growth Rate Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Devon Energy's 3-Year FCF Growth Rate distribution charts can be found below:
* The bar in red indicates where Devon Energy's 3-Year FCF Growth Rate falls into.
Devon Energy 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.
Devon Energy (NYSE:DVN) 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) %.
Devon Energy 3-Year FCF Growth Rate Related Terms
Thank you for viewing the detailed overview of Devon Energy's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.
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