Cost of Equity and Weighted Average Cost of Capital Calculation (WACC)

Company name
Symbol MPET
15.0%
4.0%
0.98
1410
53513
2.6%
97.4%
7.00%
14.78%
14.58%
Equity (percent of total capitalization)
Cost of debt (%)
Cost of equity
Weighted average cost of capital
Magellean Petroleum
Risk free rate of return (10-year Treasury note rate)
Expected return on stock market
Beta
Total debt
Total equity
Debt (percent of total capitalization)
Magellean Petroleum
Symbol MPET
2005 2006 2007 2008 2009
2.44 1.57 1.52 1.48 0.99
#DIV/0! 52.3 -152.0 -7.0 49.5
0.00 0.03 (0.01) (0.21) 0.02
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
10,539 10,539
62,642 62,642
20,979 #DIV/0! #DIV/0! #DIV/0! #DIV/0!
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
6
Oil and Gas Specific Ratios
New reserves oil, condens, ngl
New reserves natural gas
Total new reserves (BOE)
Reserve replacement ratio
Magellean Petroleum
Reserve Replacements
EBIT margin
Net profit margin
Return on equity
Return on total capital
Note: Mcf of gas per BOE =
Performance Ratios
Ending share price (30 June)
Price / Earnings ratio
Price / Book ratio
Price / Sales Ratio
Sales per share
Cash flow per share
Earnings per share (EPS)
Dividends per share
Before-tax DCF per share
Debt to equity ratio
Reserves
Proved reserves oil, condens, ngl (MBbls)
Proved reserves natural gas (MMcf)
Proved reserves (BOE)
Yearly production (BOE)
Operating cash flow
Operating cash flow per share
Company name
Sale price oil (barrel)
Sale price natural gas (McF)
Lifting costs / BOE production
Genl. & admin cost / BOE production
Genl. & admin cost / revenues
DDA / BOE
Reserve production ratio (reserves/production)
Reserves per share (BOE)
E&P Operating Data
Reserve DCF (SEC basis)
Reserve DCF per share (SEC basis)
Before-tax DCF
Oil and Gas Specific Ratios
Magellean Petroleum
MPET
2005 2006 2007 2008 2009
21,733,375 21,733,375 21,733,375 21,733,375 21,733,375
4,210,174 4,210,174 4,210,174 4,210,174 4,210,174
864,922 864,922 864,922 864,922 864,922
3,216,541 3,216,541 3,216,541 3,216,541 3,216,541
591,997 591,997 591,997 591,997 591,997
526,703 526,703 526,703 526,703 526,703
31,143,712 31,143,712 31,143,712 31,143,712 31,143,712
- - - - -
1,014,907 1,014,907 1,014,097 1,014,097 1,014,097
80,765,911 80,765,911 80,765,911 80,765,911 80,765,911
2,552,980 2,552,980 2,552,980 2,552,980 2,552,980
1,620,909 1,620,909 1,620,909 1,620,909 1,620,909
84,939,800 84,939,800 84,939,800 84,939,800 84,939,800
(60,674,306) (60,674,306) (60,674,306) (60,674,306) (60,674,306)
24,265,494 24,265,494 24,265,494 24,265,494 24,265,494
56,424,113 56,424,113 56,423,303 56,423,303 56,423,303
Net property and equipment
Inventories
Other assets
Total current assets
Total assets
Marketable securities
Deferred income taxes
Balance Sheet
Company name
Symbol
Magellean Petroleum
Cash and cash equivalents
Current assets
Assets
Oil and gas properties
Land, buildings and equipment
Field equipment
Less accum depletion, deperciation & amortization
Property and equipment
Accounts receivable Trade
Accounts receivable Working Interest Partners
Marketable securities
Balance Sheet
Magellean Petroleum