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efta-01357786DOJ Data Set 10Other

EFTA01357786

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efta-01357786
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EFTA Disclosure
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-0 'Figure 16: E&P Credit & Operational Metrics Screen: Results and Ranking Snapshot 10 Top to _et t— o co IS Liquidly Bake -c 2 0C 1$ Nel la relate Mtn 'IS 'la Adj. Cad Overall 0 co Levens' Net Debt MTh Hedging Margin Ite t( Rankles 3 R Top Curdle CEP DNR ONR EPE TLW DIVR NFX C) FANG OEP LTSCN DNR TPLM HK EPE CP XEC MIL NE% NE% FANG OAS MIL AR XEC OEP PK CXO TPLM ONR NFX FANG OAS PVA PE Fat TLW PE NFX TLW HIL EPE TLW PE PE RRC Cid %CO SCEI AEPB CXC CXO OAS EPE MPD PVA PE PVA FANG S011an Quante LTSCN ALPS Pill 94 SEVGEN OEP SD HK TPLM Ma% AEPS CHK VAR( LTSC/1 MPO MK SD SEVOEN LTSCN RRC MPO XCO XCO SEVOEN Cre SO CHK &MYST SO SANST MHR OEP MPO SANST SEVOEN &MYST SEVOEN SAIVST MHR RRC laiR ALPO AEPS MIR AEPI3 LTSCN XCO AR lAHR MHR MPO XEC SMVST XCO Mad Caen PV.10e use ei RIIL SKIERS ass SPCA Horn A Locator.' OftEefeef Ir map. MX surprises to see more klelhodology CannwMi Methodology Othrery *Ions Through cycle leverage ts key for cred manors CI particular iMpalarKe where each awn staled the cycle WWII E6Pe in ramp mode deafly leer favored Plan mote mattes SiPs ire Panning WM OMMOre, armee big the poet for PecR eble.eYS The addition of no allot enrage aspect vs (lett RCM aneChsi erportart Orivemat Fehr. Ewe ea more MU* assets and a err % or POP assets Owen an npiNled -30% default rale across &Gee HY tined. nemey gram us a reamed:re rnesSureCE diganC*10 ClIdault Podia for ESP comperes pat most rower Rimed OM ROL Calends ahead code downturn or completed asset sales haste an3 most in, porahl in 2015 To e«itent Pecan Weser.* 'madly and dement monorail over the tart yea, for E6Ps. Roy remain an ENDOrtart Rol TOP tate .5 signEcanIN more off (66%) and defonsne abod coctectria againsi ol earrede Bottom unto • about -5516 gas whore thee was len to poled in tie wsy of cash Sows pins arm, real...ion per use. Cost ncorporaks reRtve costs Peen pay rya , mein, M an overall porfolo (efficiency gars). corporals costs (GSA). & cad.' amaze (Merest Doreen, Cu "aa)usteo- Cash mafgn Nuen some othenvee bnc weght re lamest cost prOAKRIS Relwe vastest damn cooks De imeoaed me posse,* restrumuress Note no decreased bOreCI) Caere astnived Crate bear ol market, ma Ord leer PON rwe COMparde top quarole overall et cads*. eke Parsley (PE)end Peen Vagina (PEA) et CCC retro are more earldurg Beam quads ea uneorrey MCC rated companies s largely as expected in me mires el wit per urn cash martyr for oiler ESPe E&Powfm long-dated an, core natteal gas reserves screen Petril rem resod clear long term vtatety Deutsche Bank Securities Inc. Saga 0401Cla ant Compri PO, Swan awn LP fa me worm. cenrares net commoor rape web, rte Ratan Vas Hiker Seanbeep rains esnmates AAffPf ItAf ',BCE f X0, FANG, EP ft est.( mrexedr.orm PE.PVAROSESN.SEVGFAMOMMI, R Ws4 SPX CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0044563 SDNY_GM_00190747 EFTA01357786

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