EFTA01357847.pdf

Deutsche Bank Secunties Inc. Figure 135: Corry-no.:11y Price Scenario Analysis:WPX Energy Sensitivity Beried on Bloomberq Consensus, FY 15E EB1TDA (5 51dhon) FY 15E FCF (5 111ilhon1 to 51r* 5275 1225 $275 1225 2175 14.25 14.75 51.75 5225 12.75 5125 1175 1425 1475 11301) $505 ION 3404 $713 1703 $117 014 530.0 4921 4801 470 .1731 407 047 090 1029 1075 1778 5777 1827 MI $928 580.0 4887 -5819 4772 4724 40773 4379 $500 1003 1743 1791 5842 MA 5945 $902 WAO 4195 .$756 .5740 4602 -17515 -1933 4518 100 $157 $807 $1168 1003 $956 $1.00) 51.00 100 4743 440 -1101 .1563 4503 4450 1700 $022 $811 5020 $970 11.019 11.073 11.121 1700 402 4654 4557 4492 4410 »PO $880 00 505 0 04 11.04 11.121 $1.116 500.0 -5573 4477 4430 4379 -313 $900 1930 5991 1100 11090 11.148 11.202 0249 MOS 4524 -5511 4410 4105 4317 -5271 FY 16E EBI1DA (5 151.11ron) FY 15E ;CE (5 1.1i1For NYMEX Gas ($/mele ) S11> 57 75 5275 53.25 52 R.25 14.75 51.75 1225 12.15 13.25 53.715 1425 $180 1157 555 541 5140 5240 133) $433 5300 -51.553 41.404 -SI 374 .51.205 .11.195 41.105 41015 1400 SI *CO 099 090 1108 5497 $593 *OB 41.411 -$I2s2 -$1.142 4903 -1674 $910 9159 120 $03 5457 $538 $655 1755 00.0 41.201 .51.179 4100 41.00 4971 4820 -1731 $600 1317 $417 5510 5415 571a 1814 $913 1400 -51.125 -51,037 4917 4705 .11713 o 1700 1476 1375 479 5773 5673 1072 SI 071 1170.0 -$951 4715 4524 4447 50(10 104 5733 $02 $602 11031 $1.130 41 729 430 41141 4752 4573 -5484 400 -304 $900 9, 02 9991 1997 51090 51.180 11.2173 41 38 $900 400 -5520 -1411 4341 4251 -110 FY 15E Net Leve:Joe FY 15E DebtProved Reserves lark re I 51.75 5225 $2.75 53.25 5175 14.25 14.75 11.75 52.25 52.75 53.25 1175 1425 14.75 $180 32* 20 24 24x 214 1.R 1.84 1300 10.4 504 $04 504 103 103 $03 5400 284 254 24 214 IR 1h 1.40.0 104 $04 $04 103 $03 $03 103 $540 244 72« 204 14 I h IA 1.4 550.0 50.4 504 503 503 503 103 501 000 224 20 14 lik 15x 1.44 1.34 5030 M3 503 503 10.3 303 303 303 1700 IA 184 14 15x 14 121 1.14 $700 10Z 503 503 50.3 103 103 503 $500 774 104 144 1]v 1h 14 182 $100 *33 $03 $03 503 $03 103 503 AKO I A 1•. • 1, / > 1- 1x 10 0.179 $.».0 33 103 503 103 503 33 503 FY 16E 14.0 Leyerage FY 16E DebtRrosed Reservo: I$VMet,. NYMEX Ga (time(*) V rmeM Gas 4.-viri 5270 5825 14.75 51.75 12.25 12.75 13.23 SIJS NIS 54.75 9.00 7924 21 34 1182 80 5.94 530.0 $0 7 $07 107 $06 $0 6 soe $06 $40.0 04 1474 934 674 507 40 $aae 37 $08 100 108 $0 6 105 $05 $00 1084 111* 7* 5h 444 3S 291 1400 10 e 50a $09 $05 505 506 505 me alk St 49« 31174 31x 20 224 1400 500 $0 6 $0 5 $05 505 104 504 1700 144 la 344 20c 238 213 1700 105 503 105 103 504 104 104 VMO 3k 16 254 2h I IS 134 1000 05 $05 $04 $04 104 $04 103 5900 274 IS 182 IA 144 IA 14 250.0 105 10 4 $04 10• $0 3 503 505 Sccre• 088001$0 Sent dr.yrdpp/+w[4lG Anne erweans eeer~45 ree ~ne 00~ 11e7:1 rbe tornenrs BAreteee.tv ~moe* efle•HuS ~IS CO* AMEP£18488CE8CX0, PANG, (Pet TSCAl 80 888880.088 ot 8V88058$N.SE8GE8t308$8008.11W~t tin o tn CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0044698 CONFIDENTIAL SDNY_GM_00190882 EFTA01357847