• Ovintiv average price to free cash flow ratio for 2024 was 9.22, a 34.4% decline from 2023.
• Ovintiv average price to free cash flow ratio for 2023 was 6.86, a 1.44% increase from 2022.
• Ovintiv average price to free cash flow ratio for 2022 was 6.96, a 26.55% decline from 2021.

Price to free cash flow ratio can be defined as