EP ENERGY CORPORATION Financial and Operational Reporting Package Second Quarter 2016 Table of Contents Page Notes to Investors 1 Operating Results Financial Highlights 2 Statements of Income 3 Average Daily Volumes, Realized…
EP ENERGY CORPORATION FINANCIAL HIGHLIGHTS (unaudited) Year-to-Date 2016 2015 June 30, Q1 Q2 Q1 Q2 Q3 Q4 2016 2015 Net income (loss) ( in millions)(1) 94 62 19 (212) 176 (3,731) 156 (193) Adjusted EBITDAX ( in millions) 278…
EP ENERGY CORPORATION STATEMENTS OF INCOME ( in millions) (unaudited) Year-to-Date 2016 2015 June 30, Q1 Q2 Q1 Q2 Q3 Q4 2016 2015 Operating revenues Oil 129 165 229 307 245 200 294 536 Natural gas 42 25 48 46 58 48 67 94 NGLs…
EP ENERGY CORPORATION AVERAGE DAILY VOLUMES, REALIZED PRICES, AND ADJUSTED CASH OPERATING AND OTHER COSTS PER UNIT Year-to-Date 2016 2015 June 30, Q1 Q2 Q1 Q2 Q3 Q4 2016 2015 Oil Sales Volumes (MBbls/d) Eagle Ford 32.4 27.3 38.0…
EP ENERGY CORPORATION DERIVATIVE SCHEDULE AS OF JUNE 30, 2016 2016 2017 Crude Oil (Volumes in MMBbls) Notional Volume Average Price(1) Notional Volume Average Price(1) Fixed Price Swaps WTI 4.28 80.03 4.02 66.11 LLS 3.50 81.38…
EP ENERGY CORPORATION RECONCILIATION OF ADJUSTED EBITDAX ( in millions, except equivalent volumes and per unit) (unaudited) Year-to-Date 2016 2015 June 30, Q1 Q2 Q1 Q2 Q3 Q4 2016 2015 Net income (loss) 94 62 19 (212) 176 (3,731)…
EP ENERGY CORPORATION EARNINGS PER SHARE AND ADJUSTED EARNINGS PER SHARE (in millions, except earnings per share amounts) (unaudited) 2016 Year-to-Date Q1 Q2 Q3 Q4 June 30, After Diluted After Diluted After Diluted After Diluted…
EP ENERGY CORPORATION RECONCILIATION OF CASH OPERATING COSTS AND ADJUSTED CASH OPERATING COSTS (unaudited) 2016 Year-to-Date Q1 Q2 Q3 Q4 June 30, Total Per-Unit Total Per-Unit Total Per-Unit Total Per-Unit Total Per-Unit (MM)…
EP ENERGY CORPORATION DISCRETIONARY CASH FLOW ( in millions) (unaudited) Year-to-Date 2016 2015 June 30, Q1 Q2 Q1 Q2 Q3 Q4 2016 2015 Net income (loss) 94 62 19 (212) 176 (3,731) 156 (193) Depreciation, depletion and…
APPENDIX RECONCILIATION OF ADJUSTED EBITDAX (PRO-FORMA) ( in millions, except equivalent volumes and per unit) (unaudited) Note: The following results below are presented on a pro-forma basis to give effect to the divestiture of the…
ADJUSTED CASH OPERATING AND OTHER COSTS PER UNIT (PRO-FORMA) Note: The following results below are presented on a pro-forma basis to give effect to the divestiture of the Haynesville Shale in May 2016 for approximately 420 million in…
RECONCILIATION OF CASH OPERATING COSTS AND ADJUSTED CASH OPERATING COSTS (PRO-FORMA) (unaudited) Note: The following results below are presented on a pro-forma basis to give effect to the divestiture of the Haynesville Shale in May…