Young Oil Industry Company - WACC Calculation

Trying to calculate WACC for a business that is born out of shale revolution expected to be cash flow positive in 2015. Need to calculate both from private and public company perspective.
Looking at several research publications by Plummer, HBS etc that give a range of 20-35% for late stage companies.
Any thoughts appreciated.

2 Comments
 

Might be missing something, but I'll chime in, Is this an E&P or OFS company? Either way 20-35% seems pretty damn high. See below. Are you valuing reserves? Standard discount rate in o&g is 10%.

Cost of Capital: Oil/Gas (Integrated) 7.71% Oil/Gas (Production and Exploration) 7.63% Oil/Gas Distribution 6.18% Oilfield Svcs/Equip. 9.01% http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/wacc.htm

 

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