Dune Energy Inc. has filed for bankruptcy
protection…
Here’s what you might have seen on the
FRISK® history report each month!
Monthly Average FRISK Scores
®
Business Name
Alberta Oilsands Inc.
Antero Resources Corp
BP plc
Chesapeake Energy Corporation
Chevron Corporation
China National Petroleum Corp
Clearwater Paper Corp
ConocoPhillips
CONSOL Energy Inc.
Duke Energy Florida Inc
Dune Energy Inc
Edison International
Electricite de France SA
Energy Future Holdings Corp
Energy Transfer Equity LP
Eversource Energy
Exxon Mobil Corporation
Glori Energy Inc
Halliburton Company
2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2015 2015 2015
MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
7
7
10
8
10
10
9
10
10
10
4
10
10
1
9
10
10
10
10
7
7
7
7
7
7
10 10 10
8
9
9
10 10 10
10 10 10
10 10 10
10 10 10
10 10 10
10 10 10
4
4
3
10 10 10
10 10 10
1 Bankrupt
9 10 10
10 10 10
10 10 10
10 10 10
10 10 10
7
7
10
8
10
10
9
10
9
9
3
9
9
6
7
10
8
10
10
9
10
9
9
3
9
9
6
7
10
7
10
10
9
10
9
9
2
9
9
6
9
10
7
10
10
9
10
9
9
2
9
9
6
9
10
7
10
10
9
10
9
9
2
9
8
6
7
10
6
10
10
9
10
9
9
2
9
8
6
7
10
6
10
10
9
10
9
9
1
9
8
6
7
10
7
10
10
8
10
9
9
1
9
8
6
7
10
6
10
10
8
10
8
9
2 Bankrupt
9
7
9
9
10
10
10
9
9
10
9
10
9
9
10
6
10
8
9
10
6
10
8
9
10
6
10
8
9
10
6
10
7
9
10
6
10
7
9
10
6
10
8
9
10
6
10
(845) 230-3000
[email protected]
1
Let’s see what the company report shows!
(845) 230-3000
[email protected]
2
Let’s take a closer look at our proprietary FRISK® Score…
With the FRISK® deep in the red zone,
IMMEDIATE ACTION IS NECESSARY!
BK
2014
2015
(845) 230-3000
[email protected]
3
(845) 230-3000
[email protected]
4
…plus looking at our News Alerts you would have seen…
(845) 230-3000
[email protected]
5
…need more depth? Look at the Quarterly Performance Ratios
(845) 230-3000
[email protected]
6
…need more depth? Look at the Quarterly Leverage Ratios
(845) 230-3000
[email protected]
7
…need more depth? Look at the Quarterly Liquidity Ratios
and Rates of Return
Extremely weak cash ratio…
(845) 230-3000
[email protected]
8
…need more depth? Look at the Annual Statement of Cash Flows
(845) 230-3000
[email protected]
9
The MD&A issued in June 2014, explicitly states that the Company is facing
serious liquidity constraints and that there exists significant doubt about
its ability to continue as a going concern for the next twelve months.
Additionally, these liquidity issues may force management to further curtail
the Company’s drilling operations, reduce or delay its debt service
obligations, or even restructure its existing indebtedness and capital
structure to address the tight liquidity conditions…
…and in March 2015, the Company files for bankruptcy…
(845) 230-3000
[email protected]
10