Close
❮
❯
Enverus Home
docFinder
M&A
Learn More
Videos
About Us
Contact Us
Register
Log In
Username (email)
Password
Remember Me
Forgot Password?
or
Sign Up Now!
New Search*
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Full Document
Key Slides
Berry Petroleum Co
|
LINN Energy & LinnCo Offer to Acquire Berry Petroleum
| Robert F. Heinemann | Page 31 of 11 |
May 04, 2024
Save
Email
Print
View in Results
toolButton
prevButton
nextButton
prevKeyButton
nextKeyButton
prevKeyButton
nextKeyButton
byDateAscButton
byDateDescButton
byCompanyNameAscButton
byCompanyNameDescButton
hidden
hidden
Document:
"LINN Energy & LinnCo Offer to Acquire Berry Petroleum"
View Full Document
×
Search Selection
Search by Text
Search
Search by Slide
Search
Cross reference your docFinder results against PLS' extensive news archives.
For demo or training contact Melwyn Oommen,
melwyn.oommen@drillinginfo.com
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Legal Disclaimer
.
Next 200
First
Previous
Zoom
Next
Last
8.3x 6.8x 6.3x 6.0x 5.9x 5.7x 4.6x 4.5x 4.5x 4.4x 3.2x Laredo Petroleum Holdings Resolute Energy Denbury Resources Cimarex Energy SandRidge Bill Barrett SM Energy Newfield Exploration Whiting Petroleum Swift Energy Comstock Resources 10.1x 9.0x 6.8x 6.4x 6.4x 6.3x 5.2x 4.9x 4.7x 4.6x 4.4x Laredo Petroleum Holdings Resolute Energy Cimarex Energy SandRidge Bill Barrett Denbury Resources SM Energy Whiting Petroleum Newfield Exploration Swift Energy Comstock Resources 30 LINN is offering compelling value for Berry shareholders Implied 2013E / 2014E EBITDA multiples vs. selected E&P companies Source: Company filings, Wall Street research and I/B/E/S consensus estimates as of 11/22/13. (1) Based on 1.680x shares of LinnCo per Berry share and LinnCo's closing share price of $31.46 as of 11/22/13. Enterprise value based on Berry share and balance sheet data per Berry public filings. 2013E and 2014E EBITDA per Prospectus filed on 11/14/13. Selected company average: 6.3x 6 EV / 2013E EBITDA EV / 2014E EBITDA Berry at transaction (11/22/13) (1) : 6.6x Selected company average: 5.4x Berry at transaction (11/22/13) (1) : 6.0x No public company has Berry’s asset mix or California focus