Value Scope

JANUARY 13, 2021

The Asset-Based Approach. This approach is not useful for determining the value of royalty interest, and we do not use it. The Market Approach. The market approach uses comps, both trading and transaction. However, they usually are not available, so the market-based approach is often not useful.

Fair Market Value 130

Fair Market Value Discounted Cash Flow Treasury Marketability 130

Value Scope

JANUARY 13, 2021

Well Economics Financial & Strategic Condition of Operator Working Capital Leverage Capital Budgeting and Drilling Plans Break-even Analysis Post-production deductions The Asset-Based Approach This approach is not useful for determining the value of royalty interest, and we do not use it.

Fair Market Value 100

Fair Market Value Discounted Cash Flow Treasury Marketability 100

Valutico

MAY 6, 2024

These methods provide a relative measure of a company’s value and are widely used due to their market-based nature. The most common market-based valuation methods are the Comparable Companies Analysis (Comps) and the Precedent Transactions Analysis.

Discounted Cash Flow 52

Discounted Cash Flow Precedent Transaction Analysis Weighted Average Cost of Capital Comparable Company Analysis 52

Valutico

OCTOBER 20, 2022

Context of DCF: There are three main approaches to calculating a company’s value. the intrinsic or income-based approach, also known as an entity approach, then there is also 2. the asset-based approach also known as the cost-based approach, and finally 3. The first is 1.

Discounted Cash Flow 52

Discounted Cash Flow Terminal Value Weighted Average Cost of Capital Net Present Value 52