Hillcrest Petroleum FCF yield
What is the FCF yield of Hillcrest Petroleum?
The FCF yield of Hillcrest Petroleum Ltd. is -31.06%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Energy sector on TSXV compared to Hillcrest Petroleum
What does Hillcrest Petroleum do?
Hillcrest Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and gas reserves in North America. It has an option to acquire 75% working interest in West Hazel field, a petroleum asset located in the Western Canadian Sedimentary Basin, Saskatchewan. The company was formerly known as Hillcrest Resources Ltd. and changed its name to Hillcrest Petroleum Ltd. in March 2015. Hillcrest Petroleum Ltd. was founded in 2006 and is headquartered in Vancouver, Canada.
Companies with fcf yield similar to Hillcrest Petroleum
- Cartier Resources has FCF yield of -31.12%
- Charlotte's Web has FCF yield of -31.10%
- China Ludao Technology has FCF yield of -31.09%
- Makheia Societe anonyme has FCF yield of -31.09%
- Highland Copper has FCF yield of -31.08%
- Inventis has FCF yield of -31.07%
- Hillcrest Petroleum has FCF yield of -31.06%
- BluGlass has FCF yield of -31.01%
- The Alkaline Water Co has FCF yield of -31.01%
- Dolphin Capital Investors has FCF yield of -30.98%
- Addvantage Technologies has FCF yield of -30.95%
- Koonenberry Gold has FCF yield of -30.95%
- Bluegreen Vacations has FCF yield of -30.94%