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Ovintiv (Ovintiv) 3-Year FCF Growth Rate : 106.50% (As of Dec. 2023)


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What is Ovintiv 3-Year FCF Growth Rate?

Ovintiv's Free Cash Flow per Share for the three months ended in Dec. 2023 was $2.54.

During the past 12 months, Ovintiv's average Free Cash Flow per Share Growth Rate was -31.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 106.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 48.80% 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 Ovintiv was 106.50% per year. The lowest was -101.80% per year. And the median was 35.20% per year.


Competitive Comparison of Ovintiv's 3-Year FCF Growth Rate

For the Oil & Gas E&P subindustry, Ovintiv'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.


Ovintiv's 3-Year FCF Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ovintiv's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Ovintiv's 3-Year FCF Growth Rate falls into.



Ovintiv 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.


Ovintiv  (NYSE:OVV) 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) %.


Ovintiv 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Ovintiv's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Ovintiv (Ovintiv) Business Description

Industry
Traded in Other Exchanges
Address
370 - 17th Street, Suite 1700, Denver, CO, USA, 80202
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.
Executives
Meghan Nicole Eilers officer: EVP, GC & Corporate Secretary 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Steven W Nance director 130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Renee Ellen Zemljak officer: EVP, Midstream, Mrktg & Fndmtl SUITE 1700, 370 - 17TH STREET, DENVER CO 80202
Howard John Mayson director C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Thomas G Ricks director H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Katherine Lucas Minyard director 370 17TH STREET, SUITE 1700, DENVER CO 80202
George Pita director 3000 NW 107TH AVENUE, MIAMI FL 33172
Joanne Linette Alexander officer: EVP, General Counsel & CorpSec 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meg Gentle director 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Rachel Maureen Moore officer: EVP, Corporate Services C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Douglas James Suttles director, officer: Chief Executive Officer 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brendan Michael Mccracken officer: EVP, Corp Dev & Ext Relations C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Bruce Gordon Waterman director C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Code Corey Douglas officer: EVP & CFO 500 CENTRE STREET SE, CALGARY A0 T2P 2S5