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Mid-Con Energy Partners LP (Mid-Con Energy Partners LP) Intrinsic Value: Projected FCF : $-5.43 (As of May. 11, 2024)


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What is Mid-Con Energy Partners LP 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 (2024-05-11), Mid-Con Energy Partners LP's Intrinsic Value: Projected FCF is $-5.43. The stock price of Mid-Con Energy Partners LP is $5.52. Therefore, Mid-Con Energy Partners LP's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Mid-Con Energy Partners LP's Intrinsic Value: Projected FCF or its related term are showing as below:

MCEP's Price-to-Projected-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 0.83
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Mid-Con Energy Partners LP Intrinsic Value: Projected FCF Historical Data

The historical data trend for Mid-Con Energy Partners LP'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.

Mid-Con Energy Partners LP Intrinsic Value: Projected FCF Chart

Mid-Con Energy Partners LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -78.41 -68.51 -63.67 -36.51

Mid-Con Energy Partners LP Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -11.65 -36.51 -3.47 -16.42 -5.43

Competitive Comparison of Mid-Con Energy Partners LP's Intrinsic Value: Projected FCF

For the Oil & Gas E&P subindustry, Mid-Con Energy Partners LP'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.


Mid-Con Energy Partners LP's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mid-Con Energy Partners LP's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Mid-Con Energy Partners LP's Price-to-Projected-FCF falls into.



Mid-Con Energy Partners LP 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 Mid-Con Energy Partners LP's Free Cash Flow(6 year avg) = $-14.73.

Mid-Con Energy Partners LP'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 (Sep20)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-14.73264+78.205*0.8)/14.312
=-5.43

* 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.


Mid-Con Energy Partners LP  (NAS:MCEP) 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.

Mid-Con Energy Partners LP's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=5.52/-5.4287250375052
=

* 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.


Mid-Con Energy Partners LP Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Mid-Con Energy Partners LP's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mid-Con Energy Partners LP (Mid-Con Energy Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2431 East 61st Street, Suite 850, Tulsa, OK, USA, 74136
Mid-Con Energy Partners LP is engaged in the development and production of oil and natural gas properties. The company's properties are located in Oklahoma and Wyoming core areas. It derives most of the revenue from the sale of oil and natural gas, of which a majority of the revenue is derived from oil sales.
Executives
White John Caperton Jr. director 3949 MAPLE AVE SUITE 480 DALLAS TX 75219
Goff Family Investments, Lp 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102-5478
Goff Mcep Holdings, Llc 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Robert J Boulware director 101 JEFFERSON DRIVE, MENLO PARK CA 94025
Goff Mcep Ii Lp 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Goff Ren Holdings Ii, Llc 10 percent owner 500 COMMERCE STREET SUITE 700 FORT WORTH TX 76102-5478
Travis Goff director, 10 percent owner 500 COMMERCE STREET SUITE 700 FORT WORTH TX 76102-5478
Family Foundation Goff 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
John C. Goff 2010 Family Trust 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Goff Ren Holdings, Llc 10 percent owner 500 COMMERCE STREET SUITE 700 FORT WORTH TX 76102
John C Goff 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Fred Norman Reynolds director 420 THROCKMORTON ST., SUITE 750, FORT WORTH TX 76102
Goff Focused Energy Strategies Lp 10 percent owner 500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
Chad B Roller officer: President 2431 E 61ST STREET SUITE 850 TULSA OK 74136
Mclawhorn Charles L Iii officer: VP General Counsel & Secretary 2501 NORTH HARWOOD DALLAS TX 75201