Switch to:
More From Other Websites
The US Gulf of Mexico Rig Count Falls through the Cracks Mar 26 2015
Leadership Lessons From Chevron CEO John Watson Mar 26 2015
The US Offshore Rig Count Falls to Its Lowest Since June 2010 Mar 26 2015
Oil heading higher? Energy stocks don't think so Mar 26 2015
Presidential Politics And Climate Change: How Will Voters Assess Candidates? Mar 26 2015
Shell To Ax More North Sea Jobs Despite U.K. Tax Cuts Mar 26 2015
Chevron Takes Long-Term View of Projects, Meyer Says Mar 26 2015
Production Concerns Continue to Overwhelm Crude Oil Prices Mar 26 2015
Stock Market News for March 26, 2015 - Market News Mar 26 2015
Stock Futures Dive As Conflict In Yemen Shakes Global Markets Mar 26 2015
Early movers: LULU, SNDK, CAG, WGO, MCD & more Mar 26 2015
Shell to cut more UK North Sea jobs in 2015 Mar 26 2015
It’s not too late for these oil investments Mar 25 2015
Stocks plunge; Dow off 250 points, Nasdaq drops 2% Mar 25 2015
Equities Rise Sharply on the FOMC’s March 2015 statement Mar 25 2015
Chevron (CVX) Stock Climbing Today as Oil Prices Gain Mar 25 2015
Cushing Crude Oil Inventories Set a New Record Mar 25 2015
Take Advantage of Cheap Oil, Invest in these ETFs Mar 25 2015
Chevron Ignoring Broad Market Decline, Rallying With Crude Oil Mar 25 2015
Chevron may face liquidity crunch as debt grows Mar 25 2015

Add Notes, Comments

If you want to ask a question, or report a bug, please create a support ticket.

User Comments

ReplyTsll@hotmail.com - 1 year ago
Is Free Cash Flow really very close to Owner Earnings?
A company with 4bn cash from operations could invest 3bn in its own PPE (to grow, not only to "maintain")or acquire another company for 3bn. In the first case, Free Cash Flow is 1bn, in the latter 4bn, a multiple of 4.
(1) Is there a way to quantify the portion of PPE investment that is for growth instead of "maintenance"?
(2) Do you give credit for the "growth" portion of PPE investment or do you use strictly "Free CF = Cash from Operations - CapEx" throughout your calculations (ie your DCF number)?
Many thanks for your help (your website is by far the best that I have seen)!!
Thomas Noritzsch, Wiesbaden (Germany)

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial