Athlon Energy (FRA:28A) Interest Expense : €-33.6 Mil (TTM As of Sep. 2014)

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What is Athlon Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Athlon Energy's interest expense for the three months ended in Sep. 2014 was € -9.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was €-33.6 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Athlon Energy's Operating Income for the three months ended in Sep. 2014 was € 100.9 Mil. Athlon Energy's Interest Expense for the three months ended in Sep. 2014 was € -9.7 Mil. Athlon Energy's Interest Coverage for the quarter that ended in Sep. 2014 was 10.40. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Athlon Energy Interest Expense Historical Data

The historical data trend for Athlon Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Athlon Energy Interest Expense Chart

Athlon Energy Annual Data

Trend

Dec11

Dec12

Dec13

Interest Expense

-2.23

-7.58

-26.77

Athlon Energy Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Interest Expense	Get a 7-Day Free Trial			-7.51	-7.35	-6.64	-9.96	-9.70

Athlon Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-33.6 Mil.

Athlon Energy (FRA:28A) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Athlon Energy's Interest Expense for the three months ended in Sep. 2014 was €-9.7 Mil. Its Operating Income for the three months ended in Sep. 2014 was €100.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2014 was €1,075.5 Mil.

Athlon Energy's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2014 )	/	Interest Expense (Q: Sep. 2014 )
	=	-1	*	100.9	/	-9.702
	=	10.40

The higher the ratio, the stronger the company's financial strength is.

Athlon Energy (FRA:28A) Business Description

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Website

http://www.athlonenergy.com

Athlon Energy Inc was founded in August 2010 and formed on April 1, 2013 as a Delaware corporation. The Company is an independent exploration and production company engaged in the acquisition, development, and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin. The Permian Basin spans portions of Texas and New Mexico and is composed of three primary sub-basins: the Delaware Basin, the Central Basin Platform, and the Midland Basin. All of the properties are located in the Midland Basin. The Company's drilling activity is primarily engaged in the low-risk vertical development of stacked pay zones, including the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, Atoka, and Mississippian formations, referred to as the Wolfberry play, and horizontal development of the Wolfcamp. As of December 31, 2013, it had identified 2,232 gross vertical drilling locations on 40-acre spacing and an additional 2,616 gross vertical drilling locations on 20-acre spacing. Only 659 gross of these potential vertical drilling locations were booked as proved undeveloped reserves. As of December 31, 2013, it had also identified 1,065 gross horizontal drilling locations targeting Wolfcamp A, Wolfcamp B, Wolfcamp C, and Cline intervals, which comprise 327 gross, 362 gross, 136 gross, and 240 gross locations, respectively. Its acreage position was 127,840 gross acres at December 31, 2013. As of December 31, 2013, it had 127.3 MMBOE of proved reserves, comprised of 71.2 MMBbls of oil, 30.7 MMBbls of NGLs, and 152.2 Bcf of natural gas. The Company's facilities located at well locations include field gathering systems, storage tank batteries, saltwater disposal systems, oil/gas/water separation equipment, and pumping units. It owns 10 saltwater disposal systems with over 45,700 barrels of water per day capacity and access to over 144 fresh water supply wells throughout its acreage.

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