• Ovintiv average price to free cash flow ratio for 2024 was 9.15, a 34.36% decline from 2023.
• Ovintiv average price to free cash flow ratio for 2023 was 6.81, a 1.3% increase from 2022.
• Ovintiv average price to free cash flow ratio for 2022 was 6.9, a 26.37% decline from 2021.

Price to free cash flow ratio can be defined as