To: jim_p who wrote (72178 ) 9/1/2000 6:23:36 PM From: jim_p Respond to of 95453 Cash flow rankings as of todays closing. The headings are as follows: 1. Stock price 2. 1H annualized cash flow 3. Price/DCFPS 4. DCFPS times 6 5. Adjusted stock price using 6X cash flow 6. % increase or decrease in stock price 7. Leverage 8. Market Cap 9. Analyst rating as of 8/29/2000 10. Change in rating since 8/18/2000 11. 2Q 2000 vs. 2Q 1999 production growth 12. 1Q 2000 vs. 2Q 20000 production growth 13. Net change in Institutional ownership as of 8/29/2000. 14. Change in net institutional ownership from 8/29 vs. 7/18 15. 1999 finding cost per $BOE 16. Percent of current production is NG. Jim 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 KCS $2.00 3.40 0.59 6.00 $20.40 920% 151.02% 59 0.00 0.00 -14.29% -2.33% 22.00% 23.20% 81.17% MEXP $1.75 1.37 1.28 6.00 $8.22 369.76% 49.12% 22 3.00 0.00 -18.01% -4.00% -2.60% -8.90% 81.49% AXAS $4.00 3.07 1.30 6.00 $18.43 360.75% 96.03% 90 3.00 0.00 -18.85% -5.25% 6.30% 7.50% $3.15 77.75% WZR $3.94 1.82 2.16 6.00 $10.92 177.30% 64.29% 35 n/a n/a -13.03% 5.54% 2.70% 2.77% 53.99% PANA $3.13 1.44 2.17 6.00 $8.64 176.48% 96.87% 0 n/a n/a 15.39% 8.14% -2.00% 3.30% 62.91% EEX $5.69 2.62 2.17 6.00 $15.70 176.02% 60.28% 245 1.86 -0.14 -1.64% -6.64% -4.80% -8.90% $13.54 77.05% BELW $7.97 3.64 2.19 6.00 $21.84 174.06% 74.87% 110 1.67 0.00 16.44% -3.04% 6.40% 9.70% $3.44 57.67% KWK $8.56 3.88 2.21 6.00 $23.26 171.58% 76.12% 156 1.20 -0.20 82.30% 29.55% 1.30% -8.80% 81.13% BNO $2.13 0.90 2.36 6.00 $5.40 154.12% 105.67% 63 0.00 0.00 -7.33% 1.39% 2.50% 3.20% 99.87% TMR $6.38 2.56 2.49 6.00 $15.36 140.94% 81.80% 304 2.29 0.00 9.00% -5.02% -0.80% 0.60% $5.58 55.00% RRC $5.19 1.94 2.67 6.00 $11.64 124.36% 77.57% 226 2.25 0.00 -24.00% 0.67% -4.1% 0.10% $3.55 73.40% BOG $9.25 3.12 2.96 6.00 $18.72 102.38% 83.62% 291 1.25 -0.08 11.00% 4.43% 0.10% -1.00% $4.53 62.88% TLM $33.69 11.11 3.03 6.00 $66.66 97.87% 37.66% 4,661 1.10 0.00 43.00% 1.47% 2.80% -0.10% 39.28% EPEX $3.50 1.06 3.30 6.00 $6.36 81.71% 9.80% 32 1.25 0.00 20.37% 15.53% -2.80% 1.20% $10.55 79.22% GRL $9.75 2.92 3.3 6.00 $17.52 79.69% 22.04% 857 1.50 -0.17 -2.90% 0.42% 0.20% -0.50% 57.08% GOU $5.50 1.56 3.5 6.00 $9.38 70.62% 60.23% 1,919 1.64 0.00 -17.85% 2.95% 0.20% 0.70% 43.09% ROIL $8.63 2.42 3.6 6.00 $14.52 68.35% 31.81% 185 1.33 0.16 21.00% 4.00% 5.40% 5.10% 62.24% PLX $18.13 4.98 3.6 6.00 $29.88 64.86% 92.31% 325 2.00 0.25 18.13% 6.94% -2.10% 3.10% $0.68 95.00% KP $18.56 5.02 3.7 6.00 $30.12 62.26% 38.41% 228 1.00 -0.33 2.82% -5.51% 6.20% -0.70% 60.80% AOG $37.13 10.02 3.7 6.00 $60.12 61.94% 44.80% 5,294 n/a n/a 14.00% 1.00% 0.00% 0.00% 77.93% CRK $9.94 2.60 3.8 6.00 $15.60 56.97% 63.28% 254 1.64 0.00 6.00% -2.60% 0.70% -1.40% $5.34 72.11% DNR $6.81 1.78 3.8 6.00 $10.68 56.76% 60.20% 312 2.00 -0.25 22.00% 2.00% -0.50% 0.90% $1.83 24.37% HSE $31.69 8.22 3.9 6.00 $49.32 55.64% 75.74% 580 1.43 0.05 14.00% 3.07% 4.50% 1.90% $2.95 79.35% OXY $22.25 5.56 4.00 6.00 $33.38 50.04% 64.48% 8,208 2.19 0.00 13.00% 45.45% 2.30% 1.60% 38.30% MHR $7.75 1.85 4.19 6.00 $11.10 43.23% 82.92% 157 1.33 -0.17 7.00% -5.50% -0.30% -0.90% 70.58% PXD $14.31 3.40 4.2 6.00 $20.39 42.48% 67.88% 1,421 2.06 -0.03 -23.57% 2.74% 3.40% 2.80% $2.21 47.24% NEV $19.13 4.46 4.3 6.00 $26.76 39.92% 68.37% 336 1.82 0.11 -4.61% -2.53% 3.10% 5.50% $1.10 14.18% TXLI $8.50 1.98 4.3 6.00 $11.88 39.76% 31.53% 57 1.50 0.00 49.71% -1.34% 6.00% 6.70% 42.75% SFS $13.25 3.06 4.3 6.00 $18.36 38.57% 48.05% 0 1.45 -0.03 35.29% 2.68% 0.10% 1.10% $6.56 52.00% CHK $7.81 1.76 4.44 6.00 $10.56 35.16% 113.77% 1,131 1.50 0.00 1.63% 0.54% 11.90% 7.60% $4.02 86.00% KMG $63.44 14.27 4.4 6.00 $85.63 34.98% 56.70% 5,978 1.97 0.06 10.67% -1.57% 0.40% -8.60% 31.54% VPI $22.06 4.74 4.7 6.00 $28.44 28.90% 48.85% 1,385 1.28 0.00 19.19% 5.23% 4.50% 1.70% $1.18 31.14% UCL $33.94 7.26 4.67 6.00 $43.56 28.35% 52.30% 8,242 1.66 -0.09 5.20% 0.20% 1.40% 2.50% 65.48% THX $25.56 5.40 4.7 6.00 $32.40 26.75% 46.09% 745 1.96 0.17 11.00% 0.20% 0.50% 0.10% $6.52 97.31% OEI $16.50 3.39 4.9 6.00 $20.35 23.33% 55.00% 4,266 1.38 -0.07 -28.00% -10.00% 3.40% -4.10% $5.13 50.00% BEXP $2.56 0.52 4.9 6.00 $3.12 21.73% 94.42% 43 2.00 0.00 2.20% 3.13% 0.00% -10.20% 66.00% BSNX $20.00 3.96 5.1 6.00 $23.76 18.80% 16.00% 370 2.23 0.09 -25.00% -12.00% -3.50% -1.40% $6.83 76.00% MARY $42.50 7.92 5.4 6.00 $47.52 11.81% 6.08% 592 1.25 -0.02 78.25% 3.86% -1.20% -0.70% $3.25 73.50% XTO $26.13 4.82 5.4 6.00 $28.92 10.70% 77.89% 1,210 1.50 0.00 -3.02% -4.59% 12.30% 13.00% $4.23 92.00% CID $21.81 4.02 5.4 6.00 $24.12 10.58% 5.13% 354 1.14 -0.11 -11.79% -5.10% 0.00% 1.10% 73.49% POG $21.31 3.82 5.6 6.00 $22.93 7.59% 41.54% 361 1.50 0.00 8.00% -3.00% 5.10% 2.00% $1.07 77.00% APA $64.06 11.36 5.6 6.00 $68.16 6.40% 43.00% 7,312 1.67 -0.01 26.00% 0.61% 5.70% 1.90% $5.94 50.00% SFY $29.81 5.28 5.6 6.00 $31.68 6.26% 54.66% 661 1.62 0.00 2.00% 2.77% 9.00% 10.90% $7.40 64.00% BR $39.50 6.94 5.7 6.00 $41.64 5.42% 44.38% 8,513 1.66 0.00 2.00% -7.00% -0.50% -4.70% $4.22 93.00% EOG $38.50 6.58 5.9 6.00 $39.45 2.48% 45.00% 4,475 1.39 0.01 -8.15% -3.88% 8.50% 11.60% $4.86 99.00% FST $15.44 2.61 5.9 6.00 $15.64 1.32% 49.96% 836 1.65 0.00 -14.00% 1.92% 2.20% 9.40% 70.73% NBL $39.34 6.59 6.0 6.00 $39.54 0.49% 41.32% 2,198 1.65 0.00 -14.24% -17.05% 3.40% 0.20% $2.13 71.94% MMR $11.00 1.82 6.0 6.00 $10.94 -0.54% 83.95% 174 1.83 0.00 -29.20% -22.44% 14.70% 12.50% 68.89% PPP $27.19 4.49 6.1 6.00 $26.92 -0.97% 55.05% 1,098 1.83 -0.11 68.22% -2.25% 1.10% -2.60% 97.31% COG $20.75 3.42 6.1 6.00 $20.52 -1.11% 53.78% 601 1.83 0.00 -7.12% -4.00% 23.90% 24.50% $5.49 92.00% PRZ $21.88 3.56 6.1 6.00 $21.36 -2.35% 66.04% 291 1.00 0.00 n/a 14.90% 0.30% 0.30% 51.11% LD $35.31 5.73 6.2 6.00 $34.36 -2.69% 59.09% 1,524 1.76 -0.10 4.00% 2.30% 10.40% 4.60% $4.23 87.27% CWEI $41.25 6.53 6.3 6.00 $39.16 -5.06% 29.62% 380 2.00 -0.33 18.04% 32.28% 1.40% 0.90% 37.55% BRR $34.94 5.42 6.4 6.00 $32.52 -6.92% 50.52% 1,156 1.58 -0.19 14.00% -2.65% 6.30% 4.00% $3.09 95.00% DVN $59.88 8.79 6.8 6.00 $52.77 -11.87% 45.06% 5,210 1.30 0.03 111.00% 1.06% 7.90% 5.90% $5.20 69.58% NFX $44.38 6.50 6.8 6.00 $39.00 -12.11% 32.66% 1,885 1.64 0.01 21.00% 12.00% 0.40% -2.60% $6.18 77.00% TMBR $22.88 3.30 6.9 6.00 $19.80 -13.44% 11.00% 86 1.83 -0.05 46.00% 5.56% 6.30% 4.00% $4.21 82.24% SGY $60.75 8.48 7.2 6.00 $50.88 -16.25% 27.63% 423 1.35 0.04 12.00% 7.00% 4.30% 4.10% $8.18 67.73% CPE $15.63 2.15 7.3 6.00 $12.91 -17.38% 44.03% 192 1.08 -0.02 8.22% -12.79% 11.90% 11.60% $3.40 90.00% BKP $9.10 1.20 7.6 6.00 $7.19 -21.01% 37.98% 918 1.64 0.00 11.00% 3.98% n/a n/a 51.23% CRZO $10.75 1.00 10.8 6.00 $6.00 -44.19% 41.02% 151 3.00 0.00 69.00% 14.00% -0.20% 0.60% 80.00% PQUE $3.50 0.32 10.9 6.00 $1.92 -45.14% 6.94% 84 1.00 0.00 52.00% -0.39% 2.10% -8.00% 80.25% ESNJ $3.50 0.28 12.7 6.00 $1.65 -52.72% 30.57% 66 1.00 0.00 469.26% -6.61% 6.40% 3.00% 85.84% PENG $45.00 3.42 13.2 6.00 $20.51 -54.41% 0.00% 382 2.33 0.00 25.02% 2.75% 8.30% 4.80% 79.07% APC $66.00 4.75 13.9 6.00 $28.52 -56.79% 50.00% 8,604 1.45 -0.05 15.45% 7.58% 18.60% 13.10% $4.87 70.52% OIL $44.50 2.78 16.0 6.00 $16.69 -62.48% 43.73% 1,609 1.86 0.22 -5.31% 9.25% 4.60% -9.00% 0.00% EEE $2.50 0.12 20.7 6.00 $0.72 -71.06% 40.04% 329 n/a n/a -18.55% -10.99% 9.10% 11.00% 75.99% Average 21.48 4.135 5.48 6.00 24.81 57.33% 53.99% 1,496 1.62 -0.021 18.19% 0.81% 3.90% 2.497% $4.40 67.56%