Summary - Funding Rounds

Founding Date

2004
Resolute Energy is a subsidiary of Cimarex Energy

Resolute Energy Income Statement

Resolute Energy Balance Sheet

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

934.0k19.0k4.4m9.3m133.1m3.8m

Accounts Receivable

78.4m94.4m57.9m37.1m55.2m63.4m

Prepaid Expenses

1.7m1.2m1.9m1.4m1.9m

Inventories

3.2m

Current Assets

100.3m105.2m136.9m140.2m191.8m77.9m

PP&E

1.2b1.3b1.2b223.2m554.1m

Total Assets

1.4b1.5b1.5b391.0m588.4m641.9m

Accounts Payable

96.3m32.6m25.8m7.1m8.7m16.1m

Short-term debt

Current Liabilities

137.2m133.6m120.9m59.3m230.0m160.8m

Long-term debt

563.9m335.0m374.5m27.5m

Total Debt

563.9m374.5m27.5m

Total Liabilities

831.9m935.3m928.5m594.3m664.1m716.3m

Common Stock

6.0k8.0k8.0k8.0k2.0k

Additional Paid-in Capital

516.7m631.8m646.7m659.1m948.4m957.4m

Retained Earnings

15.5m(98.3m)(120.1m)(862.4m)(1.0b)(1.0b)

Total Equity

532.2m533.6m526.6m(203.3m)(74.4m)

Financial Leverage

2.6 x2.8 x2.8 x-1.9 x-8.6 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

374.0k178.0k687.0k2.9m2.4m1.6m879.0k937.0k900.0k1.2m709.0k580.0k329.0k1.3m2.9m424.0k908.0k1.0m1.1m888.0k617.0k815.0k3.3m

Accounts Receivable

50.9m54.8m69.8m73.5m76.4m91.2m92.5m95.8m66.8m65.9m68.8m45.1m43.2m37.5m34.8m42.5m47.2m50.7m73.4m73.8m58.6m61.4m65.7m

Prepaid Expenses

1.5m1.7m1.7m1.8m1.3m903.0k1.1m1.3m1.1m904.0k1.5m1.9m5.0m3.5m1.3m1.8m3.8m3.0m2.4m1.9m2.1m2.7m2.2m

Current Assets

68.7m66.7m91.1m89.4m95.7m111.4m108.2m107.8m77.6m80.4m78.7m123.1m101.6m122.8m110.0m81.7m71.8m58.4m84.7m78.3m70.7m80.2m77.0m

PP&E

716.9m800.6m870.7m944.0m936.6m1.5b1.5b1.5b1.3b1.4b1.4b1.0b748.5m537.3m184.5m209.3m197.5m390.6m620.3m690.8m603.0m730.4m802.3m

Total Assets

808.8m895.4m992.9m1.1b1.1b1.6b1.6b1.6b1.4b1.5b1.5b1.2b910.8m728.8m321.7m317.5m294.9m489.6m728.5m792.3m686.3m826.6m897.8m

Accounts Payable

70.5m77.0m107.5m105.9m105.9m104.6m102.0m131.5m20.2m19.5m19.7m15.8m8.0m7.3m12.8m15.6m8.0m17.9m24.3m27.1m25.5m30.2m25.2m

Short-term debt

400.0m1.5m2.0m2.0m

Current Liabilities

104.7m91.6m150.3m125.4m134.2m154.5m133.3m163.3m127.2m140.8m139.8m107.8m80.1m95.8m69.0m66.4m88.6m128.0m150.5m187.5m200.3m232.2m270.8m

Long-term debt

66.5m145.5m188.0m27.0m18.0m791.8m721.8m285.0m320.0m335.0m335.0m237.2m157.4m137.6m30.0m16.5m96.9m122.2m37.8m71.1m108.2m

Total Debt

66.5m145.5m188.0m27.0m18.0m791.8m1.1b285.0m320.0m335.0m335.0m238.7m159.4m139.6m30.0m16.5m96.9m122.2m37.8m71.1m108.2m

Total Liabilities

318.0m364.8m475.9m540.5m533.3m1.1b983.7m967.6m914.0m945.8m937.8m906.5m845.6m843.3m608.0m639.3m634.0m565.5m790.8m866.1m767.9m909.4m992.6m

Common Stock

6.0k6.0k6.0k6.0k6.0k6.0k8.0k8.0k8.0k8.0k8.0k8.0k8.0k8.0k8.0k2.0k2.0k2.0k2.0k2.0k2.0k2.0k2.0k

Preferred Stock

Additional Paid-in Capital

514.8m517.0m520.2m512.6m515.1m519.2m625.4m628.7m633.3m637.8m642.2m649.6m652.6m655.7m661.4m662.9m664.3m948.1m951.1m954.2m964.4m968.2m971.7m

Retained Earnings

(24.0m)13.5m(3.2m)19.6m17.2m12.5m21.5m18.8m(101.8m)(117.9m)(103.0m)(328.3m)(587.5m)(770.2m)(947.7m)(984.6m)(1.0b)(1.0b)(1.0b)(1.0b)(1.0b)(1.1b)(1.1b)

Total Equity

490.8m530.6m517.0m532.2m532.3m531.7m646.9m647.5m531.5m519.8m539.3m321.3m65.2m(114.5m)(286.3m)(321.8m)(339.1m)(75.9m)(62.2m)(73.8m)(81.6m)(82.8m)(94.8m)

Financial Leverage

1.6 x1.7 x1.9 x2 x2 x3 x2.5 x2.5 x2.7 x2.8 x2.7 x3.8 x14 x-6.4 x-1.1 x-1 x-0.9 x-6.4 x-11.7 x-10.7 x-8.4 x-10 x-9.5 x

Resolute Energy Cash Flow

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

18.0m(113.8m)(21.8m)(742.3m)(161.7m)(1.2m)

Accounts Receivable

(15.3m)(16.0m)36.8m21.2m(18.0m)(7.6m)

Accounts Payable

(4.9m)25.9m(14.3m)(27.2m)35.5m25.3m

Cash From Operating Activities

76.8m133.3m143.5m69.5m83.7m137.2m

Capital Expenditures

(1.5m)(2.5m)(1.9m)(124.0k)(106.0k)(3.4m)

Cash From Investing Activities

(447.4m)(405.5m)(175.9m)199.6m(190.5m)(271.5m)

Short-term Borrowings

(657.6m)(465.0m)(533.5m)(418.0m)(146.5m)(361.0m)

Dividends Paid

(5.2m)

Cash From Financing Activities

370.5m271.3m36.8m(264.1m)230.5m4.9m

Net Change in Cash

(201.0k)(915.0k)4.3m4.9m123.8m(129.3m)

Interest Paid

10.1m29.3m31.9m64.4m50.7m32.3m

Income Taxes Paid

8.0k63.0k

Free Cash Flow

75.2m130.9m141.5m69.4m83.6m133.8m

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

8.9m46.5m(742.0k)22.1m19.6m(3.0m)6.0m3.3m(3.5m)(19.7m)(4.7m)(208.2m)(467.3m)(650.1m)(85.3m)(122.2m)(141.1m)1.5m14.7m99.0k(12.9m)(16.6m)(30.9m)

Accounts Receivable

(5.7m)(9.5m)(7.8m)11.4m(14.4m)(12.8m)(14.2m)(17.5m)27.6m28.6m25.8m12.9m14.8m20.5m2.3m(5.3m)(10.0m)10.5m(11.4m)(12.5m)7.4m7.1m11.6m

Accounts Payable

3.3m5.7m13.4m9.3m16.6m8.5m20.0m40.6m(7.4m)(858.0k)4.4m(15.8m)(19.9m)(20.4m)(5.0m)1.8m19.4m3.2m11.3m31.3m7.9m9.4m22.0m

Cash From Operating Activities

50.1m68.9m29.0m40.6m67.6m28.4m64.5m110.9m62.7m91.7m128.9m30.6m40.4m71.3m16.5m23.5m58.7m39.3m52.2m112.0m45.9m60.3m138.6m

Capital Expenditures

(315.0k)(1.1m)(808.0k)(1.1m)(1.3m)(398.0k)(598.0k)(964.0k)(1.1m)(1.7m)(1.9m)(32.0k)(48.0k)(84.0k)(30.0k)(69.0k)(106.0k)(20.0k)(2.4m)(3.5m)(794.0k)(2.0m)(3.3m)

Cash From Investing Activities

(64.4m)(162.4m)(47.5m)(127.1m)(145.4m)(253.8m)(322.2m)(333.5m)(45.3m)(89.0m)(126.6m)(35.2m)(11.1m)(20.6m)(22.9m)(62.3m)(67.1m)(44.9m)(261.9m)(345.3m)(55.9m)(175.0m)(286.2m)

Short-term Borrowings

(199.5m)(302.6m)(29.1m)(422.2m)(526.5m)(51.0m)(226.0m)(378.0m)(121.0m)(227.0m)(317.5m)(64.0m)(123.0m)(176.0m)(57.0m)(194.0m)(259.0m)

Long-term Borrowings

(55.4m)(179.9m)(227.4m)(27.5m)(73.5m)

Dividends Paid

(1.4m)(2.7m)(3.9m)(1.3m)(2.5m)(3.8m)

Cash From Financing Activities

12.9m91.8m18.0m88.3m79.1m226.1m257.6m222.6m(16.5m)(1.5m)(1.7m)786.0k(33.3m)(53.8m)(60.0k)29.9m(25.0k)(126.5m)77.7m101.2m6.8m111.8m147.1m

Net Change in Cash

(1.5m)(1.7m)(448.0k)1.7m1.3m707.0k(55.0k)3.0k881.0k1.2m690.0k(3.8m)(4.0m)(3.1m)(6.4m)(8.9m)(8.4m)(132.0m)(132.0m)(132.2m)(3.1m)(2.9m)(493.0k)

Interest Paid

1.7m2.3m964.0k1.2m516.0k

Income Taxes Paid

8.0k

Free Cash Flow

49.8m67.8m28.2m39.5m66.3m28.0m63.9m109.9m61.5m90.0m127.1m30.6m40.3m71.2m16.5m23.4m58.6m39.3m49.8m108.4m45.1m58.2m135.3m

Resolute Energy Ratios

USDQ2, 2011

Financial Leverage

1.6 x

Resolute Energy Operating Metrics

Mar, 2017

Oil Equivalent per Day, barrels

16.09 k