Goodrich Petroleum's (GDP) outlook still appears quite good despite some softening in natural gas prices. It is expected to increase production significantly compared to Q4 2018 levels, with only a modest amount of cash burn, while its net debt should remain at around 1.0x EBITDAX. Strong early well performance has led Goodrich to upwardly revise its estimated IRRs from 43.1% to 65.0% at $2.75 natural gas for its 7,500' Haynesville Shale laterals. Goodrich is currently only valued at 3.1x 2019 EBITDAX at current strip prices, and I think it should have a fair amount of