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Harvest Natural Resources (Harvest Natural Resources) Intrinsic Value: Projected FCF : $0.00 (As of May. 05, 2024)


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What is Harvest Natural Resources Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-05), Harvest Natural Resources's Intrinsic Value: Projected FCF is $0.00. The stock price of Harvest Natural Resources is $6.62. Therefore, Harvest Natural Resources's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Harvest Natural Resources's Intrinsic Value: Projected FCF or its related term are showing as below:

HNR's Price-to-Projected-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 0.82
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Harvest Natural Resources Intrinsic Value: Projected FCF Historical Data

The historical data trend for Harvest Natural Resources's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Harvest Natural Resources Intrinsic Value: Projected FCF Chart

Harvest Natural Resources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.11 -26.05 -54.81 -40.27 -41.39

Harvest Natural Resources Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.27 -39.73 -39.24 -41.48 -41.39

Competitive Comparison of Harvest Natural Resources's Intrinsic Value: Projected FCF

For the Oil & Gas E&P subindustry, Harvest Natural Resources's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harvest Natural Resources's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Harvest Natural Resources's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Harvest Natural Resources's Price-to-Projected-FCF falls into.



Harvest Natural Resources Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Harvest Natural Resources's Free Cash Flow(6 year avg) = $-54.57.

Harvest Natural Resources's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec16)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-54.56816+99.199*0.8)/11.172
=-39.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Harvest Natural Resources  (NYSE:HNR) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Harvest Natural Resources's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=6.62/-39.397499923457
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Harvest Natural Resources Intrinsic Value: Projected FCF Related Terms

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Harvest Natural Resources (Harvest Natural Resources) Business Description

Traded in Other Exchanges
N/A
Address
Harvest Natural Resources Inc is an independent energy company engaged in the acquisition, exploration, development, production and disposition of oil and natural gas properties. The Company's also acquires, explores, develops and produces properties in geological basins with active hydrocarbon systems. The Company hold exploration and exploitation acreage offshore of the Republic of Gabon through the Dussafu Marin Permit.
Executives
Patrick M Murray director 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Caisse De Depot Et Placement Du Quebec 10 percent owner 1000 PLACE JEAN-PAUL RIOPELLE, MONTREAL A8 H2Z2B3
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Byron A Dunn officer: Senior Vice President C/O HARVEST NATURAL RESOURCES, INC., 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Steven W Tholen officer: Chief Financial Officer 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Peter J Hill other: Retired CEO & Director 1150 DIMOCK LANE, NAPLES FL 34110