Financial and Operational Reporting Package Second Quarter 2013
EP ENERGY LLC Financial and Operational Reporting Package Second Quarter 2013 Table of Contents Page Notes to Investors 1 Operating Results Financial Highlights 2 Statements of Income 3 Average Daily Volumes, Realized Prices…
NOTES TO INVESTORS Cautionary Statement This Financial and Operational Reporting Package (Package) includes summarized financial and other information about EP Energy LLC (EP Energy or the Company). The information in this Package is…
EP ENERGY LLC FINANCIAL HIGHLIGHTS FROM CONTINUING OPERATIONS (unaudited) 2013 2012 Year-to-Date Q1 Q2 Q3 2012 Q1 Q2 Pro Forma Pro Forma Pro Forma Q4 2013 Pro Forma (Loss) income ( in millions) (123) 182 100 31 (205) 69 59 131…
EP ENERGY LLC STATEMENTS OF INCOME ( in millions) (unaudited) 2013 2012 Year-to-Date Q1 Q2 Q3 2012 Q1 Q2 Pro Forma Pro Forma Pro Forma Q4 2013 Pro Forma Operating revenues Oil and condensate 275 293 190 174 224 255 568 364…
EP ENERGY LLC AVERAGE DAILY VOLUMES, REALIZED PRICES AND ADJUSTED CASH OPERATING COSTS PER UNIT 2013 2012 Year-to-Date Q1 Q2 Q3 2012 Q1 Q2 Pro Forma Pro Forma Pro Forma Q4 2013 Pro Forma Oil and Condensate Sales Volumes (MBbls/d)…
EP ENERGY LLC DERIVATIVE SCHEDULE AS OF JUNE 30, 2013 2013 2014 2015 Notional Volume Average Notional Volume Average Notional Volume Average Crude Oil (MMBbls)(1) Hedge Price(1) (MMBbls)(1) Hedge Price(1) (MMBbls)(1) Hedge…
EP ENERGY LLC RECONCILIATION OF PRO FORMA CONSOLIDATED FINANCIAL DATA ( in millions) (unaudited) 2012 March 23 Q1 April 1 to (Inception) to June Q2 Q3 Q1 (1) Adjustments Pro Forma May 24, (1) 30, (1) Adjustments Pro Forma Q3 (1)…
EP ENERGY LLC RECONCILIATION OF PRO FORMA CONSOLIDATED FINANCIAL DATA ( in millions) (unaudited) Year-to-Date 2012 March 23 April 1 to (Inception) to Q1 (1) May 24, (1) June 30, (1) Adjustments Pro Forma Operating revenues Oil…
EP ENERGY LLC RECONCILIATION OF ADJUSTED EBITDAX ( in millions) (unaudited) 2013 2012 Year-to-Date Q1 Q2 Q3 2012 Q1 Q2 Pro Forma Pro Forma Pro Forma Q4 2013 Pro Forma (Loss) income from continuing operations (123) 182 100 31…
EP ENERGY LLC RECONCILIATION OF CASH OPERATING COSTS AND ADJUSTED CASH OPERATING COSTS (1) (unaudited) Q1 Q2 Q3 Q4 Year-to-Date Total Per-Unit Total Per-Unit Total Per-Unit Total Per-Unit Total Per-Unit 2013 ( MM) (/Boe)(2) ( MM)…
Cash Operating Costs and Adjusted Cash Operating Costs We monitor cash operating costs required to produce our oil and natural gas. Cash operating costs is a non- GAAP measure calculated on a per Boe produced basis and includes total…