When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
GDP - Goodrich Petroleum: Estimated Value At Different 2021 Natural Gas Prices
Goodrich Petroleum Corporation
Natural gas strip for 2021 has fluctuated from around $2.50 to over $3, and is currently around $2.80.
Goodrich is aiming for around 25% production growth in a $2.50 to $3.00 NYMEX gas scenario.
There is an $18 million difference in projected cash flow between a $2.50 and a $3.00 gas pricing scenario.
Goodrich's estimated value is around $11.25 at current strip prices, although the range is around $10.40 to $11.80 at $2.50 and $3.00 gas, respectively.