• Ovintiv average price to free cash flow ratio for 2024 was 9.84, a 42.4% decline from 2023.
• Ovintiv average price to free cash flow ratio for 2023 was 6.91, a 1.43% increase from 2022.
• Ovintiv average price to free cash flow ratio for 2022 was 7.01, a 26.53% decline from 2021.

Price to free cash flow ratio can be defined as