Noun
The flowing backward of a fluid.
Any change back to a former place or situation by gradual movement.
Source: en.wiktionary.orgUsing a mid-cycle EBITDA estimate of $35 million (midpoint between $63 million and $8 million), at a modest 5x multiple, equates to $175 million in value for the company’s Water and Flowback business; 4x would still be over $100 million. Source: Internet