EFTA01357843.pdf

Deutsche Bank Securities Inc. IFigure 123: Commodity Price Scenario Analysis Rosetta Resources Sensitivity Based on Bloomberg Com,t.n„ FY 15E EMMA (5 Million) FY 15E FCF (S Million) NT roiEK Gini 11.73 1225 1225 1125 1175 $4.25 14.75 11.75 1225 12.75 131 1175 $4.25 04.75 190 1224 1249 1773 $217 331 3351 $379 130.0 1$572) 110) (1321 115001 Isom 1/400) (5416) $460 531 177 5332 5370 5432 1430 5466 NOS 2304) 202/ nen 134371 24131 1/315) (1352) 010 1392 006 1431 $456 $441 5503 5537 00.0 i1432) 606 GYM 11354I 13341) 113152 (Mg 0 $690 361 035 $510 $634 1500 305 $616 100 Iwo 230 13141 42021 22011 11243) 63177 000 1940 $544 1539 3513 3030 047 $095 1170.0 ism) 1$204) ($2421 2211 11100) 1117$) (1144) $100 119 1443 19$8 1602 5776 1744 5774 460 11214) 111911 2101 ($141 (1123) 114) 0773 1910 1693 3722 5744 S771 1795 /524 062 00.0 i$1411 111191 1191 .179 4501 117M $1 FY 16E EBITDA (5 1117ilion) Fl 17.E FCF IS Mil:ion) v %IF 11.75 $229 1275 1125 11.75 $4.21 14. 1175 12.25 .71 a $175 75 14.75 1300 3131 $157 $184 $211 $230 SAM 3205 130.0 2346) 113191 02021 22661 43730 MN) (1170) $400 3222 $240 $276 1302 1330 13710 330 140.0 $256) 11221 ($202) 21761 21481 2111 24 1540 1314 141 1347 1394 5422 1452 5441 sae mow nos) Oita 1101 1010 11211 o /600 54M 1432 5450 1496 5514 1543 1573 1030 2751 ($441 1172) SD 132 302 $700 549$ 1524 WI 1674 1006 5033 3666 1700 111 142 SW 155 1123 1152 3112 $100 50-2 Sald 043 000 $007 $727 3750 00 0 $11 1132 $150 $185 1213 1242 1711 $9110 5581 171 $734 176 520 $1112 445 110.0 SIN 1222 1.2.17 52 - i 1103 032 462 FY 15E Net Leverage FY I5E Debt/Moved Reserve: I VW ft p NYNEX Gas (timefe) NYME x Gas (SEncle) Si 7, S7 1 1? IN SAP. 1375 14 / 14.75 11.m 32.25 17.79 13 23 $375 14.25 $4.75 139.0 72x 06 06 5.30.0 $15 114 114 0 4 S14 114 114 1.440 784 7 I. 007 41. .41S4 ea 41 1.40.0 114 114 II 4 $1 4 314 11.3 113 $510 409 SA 324 49. 46x 4 37 4.04 VISO 11.4 11.4 11.3 13 113 113 sia 5000 46. 34. 414 40c 3Aw 31 36 ato 113 Si S $1.3 $13 113 $13 112 $700 334 32. 304 34x 32c 167 267 11.0 $13 $13 113 112 112 113 Ill 000 299 324 304 26 261 26 254 103.0 112 112 11.2 $12 112 $12 112 1990 296 2>a 20. 25x 249 21 22. 090.0 Ill $12 $12 0 2 114 $11 11 1 FY ISE Net Leverage FY 16E Debt'Proi. 94 Reserves ($0( (el In11112.0.s µ,nie re) 2272 .1 0.6 ri (I c) 11.75 $2 12.73 $3.25 13.73 114.25 $4.75 075 1725 1775 $3.26 1173 14.25 14.75 1300 31 Is 172. 12 44 1071 934 isa $10.0 $17 III III $16 $15 115 315 $00 1174 1029 14.416 9 11114 714 554 56 140.0 11 II .I 11.5 11.5 114 $1.4 11.4 1500 724 70. 63.7 544 63. 46 444 090 11$ 11.4 01.4 114 313 111 11$ 1800 14 Op 4 Ti 46 404 31 344 163.0 SI 4 113 $1.3 113 112 112 312 $700 42c 19 16, 14 118 28 2777 120.0 113 112 112 12 31.1 11.1 11.1 010 33. 3.177 20. 276 254 235 224 1110.0 312 II 1 11.1 11.1 II I 31.1 11.1 1900 204 24 234 2 lx 16 1.04 1.14 03.0 $1.1 $1.1 $1.1 11.1 III $1.1 11.1 Score* 242042224 Saint 5100, 0erg reseCe (P Foe tee Wowing ccerpgrves net comred oy a 0 3.4.4 41/641,105E5N.SEVGEnt5MMUA,TI Warm' VIIX roe obrecsal frownrefer 59466.7p ocesemusesnmesso0 AMEPER.AA6MCX0,FANG,Mt( 1 09 46947 Co 0 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0044686 CONFIDENTIAL SDNY_GM_00190870 EFTA01357843