Midland Group 5
4
Exploration & Production: Equity Market Value Net Debt D/E Jackson Energy, Inc. 57931 6480 11.2% Wide Palin Petroleum 46089 39375 85.4% Corsicana Energy Corp. 42263 6442 15.2% Worthington Petroleum 27591 13098 47.5% Average 39.8% Refining & Marketing: Bexar Energy, Inc. 60356 6200 10.3% Kirk Corp. 15567 3017 19.4% White Point Energy 9204 1925 20.9% Petrarch Fuel Services 2460 -296 -12.0% Arkana Petroleum Corp. 18363 5931 32.3% Beaumont Energy, Inc. 32662 6743 20.6% Dameron Fuel Services 48796 24525 50.3% Average 20.3% Midland Energy Resources 134113.958792964 79508.35082 0.592841726
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Transcript of Midland Group 5
Exploration & Production: Equity Market Value Net Debt D/EJackson Energy, nc! 57931 6480 11.2%"ide Palin Petroleu# 46089 39375 85.4%$orsicana Energy $orp!42263 6442 15.2%"ort%ington Petroleu# 27591 13098 47.5%&'erage 39.8%(e)ning & Marketing:*exar Energy, nc!60356 6200 10.3%+irk $orp! 15567 3017 19.4%"%ite Point Energy 9204 1925 20.9%Petrarc% ,uel -er'ices 2460 -296 -12.0%&rkana Petroleu# $orp!18363 5931 32.3%*eau#ont Energy, nc!32662 6743 20.6%Da#eron ,uel -er'ices 48796 24525 50.3%&'erage 20.3%Midland Energy (esources 134113.958792964 79508.350819 0.5928417261Equity *eta beta unle'eraged0.89 0.83402305271.21 0.79994791241.11 1.01698340361.39 1.08185387851.15 .!/001.1.2341.7 1.60130021910.94 0.84207872121.78 1.58153380280.24 0.25865207251.25 1.04709256531.04 0.925369671.42 1.09100401891.20 3!.5/67642731.25 .!/1033036/2Column1 $olu#n1 $olu#n0 $olu#n5Earnings a8ter tax "eig%ts *eta 9:E N P 12556 0.6714 0.9332( N M 4047 0.2164 1.0496PE;(< 2097 0.1121Midland 18700 1 0.9231petroleu# unle'ered .!2342E=9;> *E;& PE;(< .!4223$
