The Discounted Cash Flow (DCF) valuation of Goodrich Petroleum Corp (GDP) is (274.18) USD. With the latest stock price at 23.02 USD, the upside of Goodrich Petroleum Corp based on DCF is -1291.1%.

Is GDP a buy or a sell?

Based on the latest price of 23.02 USD and our DCF valuation, Goodrich Petroleum Corp (GDP) is a sell. Selling GDP stocks now will result in a potential gain of 1291.1%.

Note: valuation result may not be accurate due to the company's negative earnings.

	Range	Selected
WACC / Discount Rate	5.1% - 7.3%	6.2%
Long-term Growth Rate	3.0% - 4.8%	3.9%
Fair Price	(2,334.48) - (153.56)	(274.18)
Upside	-10241.1% - -767.1%	-1291.1%

23.02 USD

Stock Price

(274.18) USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

GDP DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2020	12-2021	12-2022	12-2023	12-2024	12-2025

Revenue	94	165	185	166	209	257
% Growth	21%	76%	12%	-11%	26%	23%

Cost of goods sold	(16)	(26)	(28)	(24)	(29)	(33)
% of Revenue	17%	16%	15%	14%	14%	13%

Selling, G&A expenses	(37)	(65)	(73)	(65)	(83)	(101)
% of Revenue	39%	39%	39%	39%	39%	39%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(85)	(150)	(168)	(150)	(190)	(233)
% of Revenue	91%	91%	91%	91%	91%	91%

Tax expense	0	21	23	20	25	30
Tax rate	0%	27%	27%	27%	27%	27%

Net profit	(44)	(56)	(61)	(54)	(67)	(81)
% Margin	-47%	-34%	-33%	-33%	-32%	-32%