Financial and Operational Reporting Package Fourth Quarter 2012
EP ENERGY LLC Financial and Operational Reporting Package Fourth Quarter 2012 Table of Contents Page Notes to Investors 1 Operating Results Financial Highlights 2 Statements of Income 3 Average Daily Volumes, Realized Prices…
EP ENERGY LLC FINANCIAL HIGHLIGHTS (unaudited) 2012 2011 Year-to-Date Q1 Q2(1) Q3 Q4 Q1 Q2 Q3 Q4 2012(1) 2011 Net income (loss) ( in millions) 15 13 (196) 91 (18) 170 61 49 (77) 262 Adjusted EBITDAX ( in millions) 343 312 354 378…
EP ENERGY LLC STATEMENTS OF INCOME ( in millions) (unaudited) 2012 2011 Year-to-Date Q1 Q2(1) Q3 Q4 Q1 Q2 Q3 Q4 2012(1) 2011 Operating revenues Oil and condensate 209 190 230 260 103 133 131 185 889 552 Natural gas 182 141 162…
EP ENERGY LLC AVERAGE DAILY VOLUMES, REALIZED PRICES AND ADJUSTED CASH OPERATING COSTS PER UNIT 2012(1) 2011 Year-to-Date Q1 Q2(1) Q3 Q4 Q1 Q2 Q3 Q4 2012(1) 2011 Oil and Condensate Sales Volumes (MBbls/d) Central 8.9 8.3 8.6 9.3 8.7…
EP ENERGY LLC DERIVATIVE SCHEDULE AS OF DECEMBER 31, 2012 2013 2014 2015 Notional Average Notional Average Notional Average Natural Gas Volume Hedge Volume Hedge Volume Hedge (TBtu) Price (TBtu) Price (TBtu) Price Fixed Price…
EP ENERGY LLC RECONCILIATION OF COMBINED EARNINGS ( in millions) (unaudited) Q2 2012 YTD 2012 Successor Predecessor Successor Predecessor March 23 April 1 to April 1 to (inception) to January 1 to (1) June 30, 2012 May 24,…
EP ENERGY LLC RECONCILIATION OF ADJUSTED EBITDAX ( in millions) (unaudited) 2012 2011 Year-to-Date (1) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2012(1) 2011 Net (loss) income 15 13 (196) 91 (18) 170 61 49 (77) 262 Depreciation, depletion and…
EP ENERGY LLC RECONCILIATION OF CASH OPERATING COSTS AND ADJUSTED CASH OPERATING COSTS (unaudited) Twelve Months Q1 Q2 Q3 Q4 Ended Total Per-Unit Total Per-Unit Total Per-Unit Total Per-Unit Total Per-Unit 2012 ( MM) (/Mcfe) ( MM)…
GLOSSARY This contains a glossary of terms used in this Package as well as those used in other investor presentations and press releases. They are for reference only and may not be comparable to similarly titled measures used at other…
Per-unit lease operating expenses We use per-unit lease operating expenses as a non-GAAP measure calculated on a per Mcfe basis equal to lease operating expenses divided by total equivalent production. The sum of lease operating expenses…