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Canadian Overseas Petroleum (XCNQ:XOP) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Canadian Overseas Petroleum Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Overseas Petroleum Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canadian Overseas Petroleum's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Overseas Petroleum Cyclically Adjusted Price-to-FCF Chart

Canadian Overseas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Canadian Overseas Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Canadian Overseas Petroleum's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Canadian Overseas Petroleum's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Canadian Overseas Petroleum's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canadian Overseas Petroleum's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Canadian Overseas Petroleum's Cyclically Adjusted Price-to-FCF falls into.



Canadian Overseas Petroleum Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Canadian Overseas Petroleum's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Canadian Overseas Petroleum's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.006/125.2304*125.2304
=-0.006

Current CPI (Sep. 2023) = 125.2304.

Canadian Overseas Petroleum Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.780 96.945 -1.008
201403 -0.311 98.604 -0.395
201406 -0.645 99.473 -0.812
201409 -0.803 99.394 -1.012
201412 -0.652 98.367 -0.830
201503 -0.490 99.789 -0.615
201506 -0.483 100.500 -0.602
201509 -0.522 100.421 -0.651
201512 -0.410 99.947 -0.514
201603 -0.213 101.054 -0.264
201606 -0.438 102.002 -0.538
201609 -0.379 101.765 -0.466
201612 -0.286 101.449 -0.353
201703 -0.219 102.634 -0.267
201706 -0.223 103.029 -0.271
201709 -0.115 103.345 -0.139
201712 -0.143 103.345 -0.173
201803 -0.081 105.004 -0.097
201806 -0.111 105.557 -0.132
201809 -0.142 105.636 -0.168
201812 -0.066 105.399 -0.078
201903 -0.053 106.979 -0.062
201906 -0.040 107.690 -0.047
201909 -0.030 107.611 -0.035
201912 -0.015 107.769 -0.017
202003 -0.007 107.927 -0.008
202006 -0.001 108.401 -0.001
202009 -0.080 108.164 -0.093
202012 -0.024 108.559 -0.028
202103 -0.095 110.298 -0.108
202106 -0.044 111.720 -0.049
202109 -0.071 112.905 -0.079
202112 -0.058 113.774 -0.064
202203 0.006 117.646 0.006
202206 0.000 120.806 0.000
202209 -0.025 120.648 -0.026
202212 -0.017 120.964 -0.018
202303 -0.006 122.702 -0.006
202306 -0.013 124.203 -0.013
202309 -0.006 125.230 -0.006

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Canadian Overseas Petroleum  (XCNQ:XOP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Canadian Overseas Petroleum Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Canadian Overseas Petroleum's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Overseas Petroleum (XCNQ:XOP) Business Description

Traded in Other Exchanges
Address
715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6
Canadian Overseas Petroleum Ltd is an international oil and gas exploration, development and production company pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa and independently in other countries. The company's Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.
Executives
Anavio Equity Capital Markets Master Fund Limited 10% Security Holder
Atlas Capital Markets Llc 10% Security Holder

Canadian Overseas Petroleum (XCNQ:XOP) Headlines

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