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(Click for frequent words.) 84 cash flow 73 cashflows 68 cashflow 64 capital expenditures 64 Free Cash Flow 63 EBITDA 62 balance sheet 62 cash fl ow 61 adjusted EBITDA 60 distributable cash flow 58 cash fl ows 58 pro forma EBITDA 58 unitholder distributions 57 FCF = 57 capital expenditure 56 distributable cash 56 operating netbacks 56 Adjusted EBITDA 56 estimated undiscounted 56 Cash Flows 56 adjusted distributable cash 56 Cash Flow 55 Pro forma Adjusted EBITDA 55 EBITDAX 55 pro forma adjusted EBITDA 55 un levered 55 adjusted EBITDAR 55 standardized distributable cash 55 EBITDAR 55 STERIS calculation 55 marketable securities 55 receivable balances 55 AFFO 54 Unlevered Cash Flow 54 payout ratio 54 financialperformance 54 Consolidated EBITDA 54 SS NOI helps 54 EDITDA 54 CDO financings 54 Adjusted EBITDAX 54 Unlevered free 54 EnPro consolidated 54 accounts receivable balances 54 NOL carryforwards 54 debt paydown 54 Operational EBITDA 53 earnings pershare 53 nonGAAP 53 COGP 53 Cashflows 53 covenant calculations 53 AFFO payout ratio 53 SHKPI 53 efficiency ratio teb 53 undrawn revolver 53 affirmations reflect 53 undiscounted cash 53 capex 53 unlevered 52 accretively 52 normalized FFO 52 CAPITAL RESOURCES 52 FFO Measures 52 covenant headroom 52 LTM adjusted EBITDA 52 Distributable Cash 52 THE JEAN COUTU 52 ONEOK Partners segment 52 netbacks 52 unevaluated properties 52 consolidated OIBDA 52 ungeared 52 noncash impairments 52 FFO 52 LIQUIDITY AND 52 Discretionary cash 52 FFO FAD 52 USOGP 52 Adjusted Earnings 52 MFFO 52 profitability 52 Fitch BBB medians 52 normalized EBITDA 52 DSCRs 52 results ofoperations 52 condensed consolidated balance sheet 52 EBTIDA 51 liquidity 51 OIBDA 51 share repurchases 51 EBITDAF 51 EBITDA1 51 operatingincome 51 Distributable Cash Flow 51 fully franked dividends 51 Ebitda 51 securitized receivables 51 Lonpac 51 Fabricated Products segment 51 TSCorp 51 GAAP 51 asset monetizations 51 EBITDA margin 51 SS NOI 51 ROCE 51 ROIC 51 realizable value 51 CGAAP 51 ungeared balance sheet 51 carryforwards 51 earnings 51 Cash flows 51 unbilled revenue 51 borrowings 51 FFO payout ratio 51 FCF 51 c Calculated 51 Fully Taxed EPS 51 LIFO adjustment 51 cash equivalents 51 ATCF 51 #.#/BOE [002] 51 unrealized losses 51 SEK -#.# -#.# [003] 51 LTM EBITDA 51 SSNOI 51 Capital Employed 51 Partnered Brands segment 51 Provident Upstream 51 debt maturities 51 unaudited consolidated balance sheets 51 PNMR 51 NGL margins 50 unaudited condensed 50 pro forma 50 MXN#.# billion [002] 50 amortizable intangible assets 50 netincome 50 EBITDAS 50 EBIDTA 50 Synthetic Fuel segment 50 accompanying condensed consolidated 50 condensed consolidated 50 metric signaling 50 adopting SFAS #R 50 DAC unlocking 50 Model SF PCM 50 Positive Rating Outlook 50 DCOH 50 ebitda 50 EUR#.#b 50 Operating Cash Flow 50 RoEs 50 EBDDT 50 n#.# [002] 50 distributable earnings 50 Capital expenditures 50 Adjusted EBITDA excludes 50 FIFO EBITDA 50 normalized EPS 50 Non GAAP Adjusted EBITDA 50 monetizations 50 Invested Capital ROIC 50 unleveraged 50 Adjusted OIBDA 50 unleveraged yield 50 accompanying unaudited consolidated 50 fiscals #-# 50 condensed consolidated balance sheets 50 capitalization 50 realizability 50 hedge ineffectiveness 50 Consolidated Adjusted EBITDA 49 Adjusted EBIT 49 Distributable Income 49 Ebitda margins 49 -Kibby Mountain 49 principal paydowns 49 distort comparability 49 Crisa acquisition 49 equity RoE 49 Adjusted OIBA 49 INR#.#m [002] 49 Standardized distributable cash 49 - Cash flows [003] 49 unrealized gains 49 ANOI 49 incur indebtedness 49 #.#x #.#x [002] 49 financialstatements 49 balance sheet deleveraging 49 OPEB expense 49 structural subordination 49 non GAAP 49 Cobalt Gordian 49 borrowable resources 49 bond indentures 49 diluted EPS 49 - CaLou Smit 49 condensed consolidated interim 49 Pro forma adjusted EBITDA 49 tables summarize 49 andoperating 49 interfund 49 marketconditions 49 Invested Capital 49 adjusted unlevered free 49 revolver borrowings 49 EBIT 49 BPE Segment 49 Maine Timberlands 49 postretirement benefit plans 49 adjusted EBITDAS 49 -Amos Harel Haaretz Correspondent 49 Halfmile Mine 49 EBIDTA margins 49 expenses totaled Ps 49 Adjusted Cash Flow 49 consolidated balance sheets 49 Non GAAP adjusted EBITDA 49 profitabilty 49 undrawn 49 Filtran Microcircuits Inc. 49 LIFO inventory adjustments 49 NPVs 49 depreciation amortization depletion 49 Cash Flow Cushion 49 Rs.#.#cr 49 ROACE 49 adjusted OIBDA 49 Fairquest 49 BBB IDR 49 Veresen 49 discontinued operations 49 EMEA Subsidiaries 49 TC PipeLines 49 uncollectible accounts receivable 49 exclude noncash 48 Share repurchases 48 OPEB obligations 48 highly leveraged 48 Gujiao facility 48 Huaron 48 Cleco Midstream 48 gross margin 48 QGIR 48 calculating distributable cash 48 loss NOL carryforward 48 CFFO 48 payout ratios 48 H2 FY# 48 believes EBDDT 48 Consolidated EBITDAR 48 accretion expense 48 Bois d' Arc's 48 coverage ratios DSCRs 48 Stendal mill 48 RUB#.#bn [001] 48 Unlevered Free Cash Flow 48 - - Cash [002] 48 consolidated balance sheet 48 Industrial CFOA 48 unbooked resource potential 48 TSX GVC 48 Cleartel 48 Distributable cash 48 depletion depreciation 48 FSAH 48 EBIDA 48 Equity Investees 48 securitized cardmember loans 48 voluntary prepayment 48 BRPI 48 loss carryforwards 48 EBITDA distributable cash 48 Conversion Cycle 48 TTM levered free 48 operating netback 48 delevering 48 = Supplemental disclosure [002] 48 CAD#.# billion 48 Fazenda Nova Mine 48 Teekay Parent 48 amortization EBITDA adjusted EBITDA 48 adjusted ebitda 48 TCE ratio 48 EBITDARM 48 Q2 F# 48 LTM Adjusted EBITDA 48 balance sheet securitizations 48 flat yield curve 48 Transsib Re 48 INR#.#bn [004] 48 CAD#m [002] 48 Floating Contracts 48 consolidated condensed 48 Wajax Income Fund 48 unrealized derivative 48 Petrofund merger 48 From Operations AFFO 48 EBITDA EBITDAM EBITDAR 48 Adjusted Distributable Cash 48 SmartGrowth deposits 48 Modified EBITDA 48 FY# FY# [001] 48 #/bbl WTI 48 - Cash flows [011] 48 FPEG 48 economicconditions 48 mitigants 48 NRUCFC 48 dividend payout ratios 48 Consolidated OIBDA 48 FINOVA 48 Ps.7 48 proforma basis 48 operating income1 48 refranchising transactions 48 receivables securitization 48 cash generative 48 NOI SS NOI 48 Adjusted FIFO EBITDA 48 Paulsens Gold 48 SEK -#.# [003] 48 gross margins 47 Kereco 47 loss carryforward 47 Standardized Measure 47 inflows outflows 47 CASH FLOWS PROVIDED BY 47 cash equivalents marketable securities 47 REIT taxable 47 TTGL 47 early extinguishments 47 Q1 F# 47 rent escalations 47 revenues 47 non gaap 47 Solvency Score 47 undrawn revolving credit 47 pro forma MADS 47 contractual subordination 47 Underlying EBIT 47 Realized Earnings 47 TSUK 47 reasonably determinable 47 normalized EBIT 47 outflow inflow 47 Balance Sheet 47 amortisations 47 Levered Free Cash Flow 47 Equinix excludes 47 Normalized FFO 47 warranty accruals 47 EBITDA Adjusted EBITDA 47 Cash Flow Swap 47 Fixed annuity 47 Timeshare segment 47 amortization 47 undepreciated 47 receivables 47 adversely affect Waste Connections 47 Core FFO 47 temporary impairments OTTI 47 #.#mlrd rbl [002] 47 recourse indebtedness 47 d Represents 47 EBIAT 47 unconsolidated investments 47 Adjusted EPS 47 - Adjusted [030] 47 accretive 47 PGP Acquisition 47 ISAGEN 47 Remainco 47 Realised Earnings 47 ferroalloy segment 47 Teekay Offshore Teekay LNG 47 Ebidta 47 Funded Debt 47 adjusted1 net 47 NOL utilization 47 Caparra Hills 47 profitablity 47 excluding goodwill impairment 47 Operating Income 47 shippable backlog 47 EUR -#.# -#.# [001] 47 noncancelable 47 - Cash [003] 47 undrawn revolving 47 nonperforming loans NPLs 47 regarding Heska 47 covenant ratios 47 Distribution FAD 47 pro forma basis 47 Vinyls segment 47 GBP#.#b 47 Denton Rawhide 47 Capstead 47 profi t 47 EBITD 47 reconciles GAAP 47 excluding Alumbrera 47 EBDITA 47 amortization OIBA 47 shareowner value 47 fullyear 47 noncash accounting 47 INOVA Geophysical 47 amortization expense 47 MEHC 47 unlevered balance sheet 47 FY#e 47 cash inflow outflow 47 royalty pooled 47 subordinated CMBS 47 liabilities 47 Westshore Terminals Limited 47 toreflect 47 Undiscounted 47 depreciation 47 Petrojarl Varg FPSO 47 Lasertel subsidiary 47 normalized FFO guidance 47 FDIC indemnification 47 Payout Ratio 46 ARLP Partnership 46 continuingoperations 46 repo counterparties 46 Internally DTE Energy 46 rental reversions 46 uncollectable receivables 46 Midstream MLPs 46 Asset Impairment Charge 46 unhedged 46 stressed DSCR 46 BPLP 46 Pro forma 46 CIRe 46 SEMCAN seeks 46 Realised gains 46 BBB + rating 46 Traumatic asphyxiation 46 EUR -#.# [001] 46 ended September# 46 EBITDAC 46 RUB#.#bn [002] 46 ebita 46 Amortization EBITDA 46 Leverage ratios 46 DHHA 46 FY#E FY#E 46 disciplined underwriting 46 ResiLogic default 46 Petrotemex 46 franked dividends 46 postretirement obligations 46 interim condensed consolidated 46 MMCFEPD 46 FCGH 46 UILIC 46 LIFO inventory 46 ceding commissions 46 subordinate tranches 46 R# 4m [001] 46 Managed Basis 46 - Cash [023] 46 c Relates 46 Earnings 46 Netbacks 46 Items excluded 46 useful supplemental 46 Adjusted FFO 46 nonperforming asset 46 per share1 46 ROAs 46 Cutbank Complex 46 accumulated undistributed 46 Martison Project 46 Unitholder distributions 46 unrealized derivative gains 46 PDP MLR 46 Consolidated Cash Flows 46 items impacting comparability 46 hand DCOH 46 nonutility operations 46 SWDCC 46 subordination overcollateralization 46 actuarial liabilities 46 metallurgical recoveries 46 DJOFL 46 Adjusted EBIDTA 46 - - Net [052] 46 FAFLIC 46 Nonutility 46 CMHC insured mortgages 46 Prospectively 46 operating EBIDA 46 undrawn commitments 46 EBIDTA margin 46 subordinate lien bonds 46 CMHC insured mortgage 46 arenot limited 46 FUEL CHEM segment 46 valuations sensitivities 46 GVIC consolidated 46 H#FY# 46 CaRIT 46 - -seemingly unquenchable 46 Asset Retirement Obligation 46 cardmember lending 46 Adjusted Gross Profit 46 Accounting Principles GAAP 46 MEP Joint Venture 46 LIRH 46 Astaris joint venture 46 materially 46 - - Cash [003] 46 undistributed overdistributed net 46 Unfavourable Changes 46 debt extinguishments 46 NPREIT 46 totaled MEUR 46 FFOPS 46 AIFRS 46 TXU DevCo 46 taxable equivalent FTE 46 Wysaske 46 nonutility 46 ample liquidity 46 intersegment transactions 46 Metallurgical recoveries 46 capacity utilisations 46 Comparable EBITDA 46 expenses LOE 46 AMPAC ISP Holdings 46 LBITDA 46 NOPAT 46 GSCT program 46 accretable yield 46 Baripetrol 46 depreciation depletion amortization 46 reinvestment 46 SBLIC 46 Financing Activities Repayments 46 BBB + Baa1 46 refining margins GRMs 46 materially impair 46 Invested assets 46 VEPCO 46 Adjusted Homebuilding EBITDA 46 unlevered IRR 46 economically recoverable reserves 46 loan chargeoffs 46 SEK1 #m 46 adjusted EPS 46 EBITDAO 46 SEK -#.# [002] 46 CASH FLOW FROM INVESTING 46 PERH 46 non recurring 46 OTTI write downs 46 Distribution Coverage Ratio 46 metrics 46 adjusted OIBDA margin 46 Rating Outlook revision 46 - - Net [047] 46 nondividend distribution 46 Pledged revenues 46 Consolidated Entity 46 PGM ounce 46 Ps.6 46 DCPM 46 unrealized hedging 46 escrowed funds 46 MCCSR ratio 45 depreciable asset 45 theseforward looking 45 -#.#-# 45 Segment EBIT 45 Rs#.#cr [001] 45 Mr. Sondey 45 -outer boroughs 45 RCOP 45 investments 45 1P reserves 45 excluding depreciation depletion 45 exchangeable debentures 45 - Casforwards Bill Guerin 45 assets RoA 45 Optim Energy 45 - Cash Flows [008] 45 Ms. Frangou continued 45 CAD#m [001] 45 nonrecurring items 45 Normalized EBITDA 45 minimal paydown 45 dealer floorplan ABS 45 Generally Accepted Accounting Principle 45 #/lb U#O# 45 FIFO inventory 45 Chief Executive Randy Eresman 45 cash outflow inflow 45 lease expiries 45 Negative Rating Outlook 45 valuation multiples 45 seasonally slowest 45 Investing Activities Payments 45 Senior Secured Term 45 #.#x [003] 45 OrCal 45 Xantic acquisition 45 H1 FY# [002] 45 Katonah Debt Advisors 45 income 45 FFO allocable 45 unrealized gain 45 -Economic Advisers chairwoman 45 BBB medians 45 Pro forma EBITDA 45 #,#-#,# oz 45 #.# DCOH 45 MNOK #.# 45 excludes depreciation amortization 45 minimally dilutive 45 Interest Coverage Ratio 45 frac spreads 45 Biophan anticipates 45 #Q'# 45 CapEx 45 discounted cashflow 45 Adjusted EBITA 45 #.#/BOE [001] 45 website www.corriente.com 45 Inc. NASDAQ TRMP 45 Petrowest 45 FFO FFO 45 NOI FFO 45 Ps.3 45 excludes depreciation 45 DSD Dairy segment 45 OCF margin 45 Q4 F# 45 Somewhat mitigating 45 YE# [002] 45 Pallancata Mine 45 Haights Cross 45 stockholders equity 45 Provident Midstream 45 adjusted Ebitda 45 structurally subordinated 45 EBITA 45 #E EBITDA 45 Dividends 45 predictable cashflows 45 PalWeb 45 SEGMENTED INFORMATION 45 Pro Forma EBITDA 45 ASUR regulated 45 - Net cash 45 ZAR#.# [007] 45 accretable 45 EBITDAR margin 45 prepayments 45 Klean Prep TM 45 Midstream Liquefaction 45 Total Leverage Ratio 45 Dhs1 #m 45 Baa2 rating 45 Brooks Eckerd acquisition 45 interest margins NIMs 45 Variable Interest Entities VIEs 45 INVESTING ACTIVITIES Proceeds 45 EPS 45 Comparable FFO 45 leaseback transactions 45 retroactive restatement 45 adjusted EBIT 45 Segment EBITDA 45 DAC unlock 45 General Donlee 45 BB IDR 45 #.#cps [002] 45 #/boe 45 upholstery fabrics segment 45 consolidated VIEs 45 Mr Saligari 45 invisibles surplus 45 AND CASH FLOW 45 aP S 45 d Reflects 45 repricing downward 45 CEZinc 45 PVR lessees 45 TFG CLO investments 45 areforward looking 45 securitization trusts 45 unobservable inputs 45 modestly dilutive 45 Lubrizol Additives segment 45 Individual Annuities segment 45 proportionately consolidated 45 Lloydminster Upgrader 45 junior subordinated debentures 45 LAE reserves 45 - Cash flows [008] 45 Prospectively AM Best 45 technological innovations adversely affecting 45 extendible revolving term 45 EGI Financial 45 Specialized REITs industry 45 Internal Rate 45 unfunded commitments 45 LREIT 45 - - Net [051] 45 intangible asset impairments 45 #.#x EV EBITDA [001] 45 IBNR reserves 45 contingent guaranties 45 Rs#/share [001] 45 receivables factoring 45 Cashflow 45 Capex 45 analyst Lucy Patricola 45 intercompany loans 45 RMBS exposures 45 Nonutility Group 45 SemCanada Crude 45 Rs#.#cr [003] 45 - CWafer Level Optics 45 Varvarinskoye Project 45 Margin compression 45 ProLogis Kingspark 45 Additional Entitlements 45 Financing Activities Principal 45 Adjusted EBITDA Margins 45 US#.#m [002] 45 carryforward 45 Liquidity 45 CastlePoint Re 45 DTVG 45 unrealized derivative gain 45 accounts receivable securitization 45 Maritech 45 loss carrybacks 45 commodity derivative instruments 45 amoritization 45 -Barisan Alternatif 45 LIFO adjustments 45 Cash Flow Margin 45 - -skeleton sled 45 SEAMARK 45 undistributed net 45 policyholder dividends 45 Adjusted EBTIDA 45 #.#x #.#x [003] 45 Declared distributions 45 downstreamed 45 NAIC RBC 45 #E #E [003] 45 FertiNitro 45 Theseforward looking 45 AOCF 45 OTTI charges 45 -euphemistically refer 45 Underperform recommendation 45 c Excludes 45 unaudited pro forma 45 LOE decreased 45 FREE CASH FLOW 45 CCPU 45 Recurring FFO 45 FINANCIAL CONDITION AND 45 derivative instruments 45 Unizan merger 44 Operating Activities 44 Revises Rating Outlook 44 FFOM 44 accretion dilution 44 loss carryovers 44 Ibersecurities adds 44 FY#E [002] 44 TSX VENTURE CGK 44 Rm Rm Rm 44 dry dockings 44 Loan originations 44 Wajax Corporation 44 Fiberglass Composite Pipe 44 Unlevered 44 audited consolidated 44 Adjusted distributable cash 44 guaranty insurers 44 Best Capital Adequacy 44 Ebitdar 44 - -Guldeniz 44 Ambac insures 44 Adjusted EBITDAR 44 TFG CLO 44 releveraging 44 Gross Addition CPGA 44 interest margin NIM 44 Cortelco 44 Pro Forma Combined 44 rated Ba3 44 QMAC 44 CAD#.# [001] 44 undepreciated book 44 Rosebel gold 44 aftertax gain 44 OxyVinyls 44 2P reserve 44 Corus Aluminum 44 nonrecourse 44 revenue 44 borrowable funds 44 ScissorTail 44 Ps.5 44 EUR#b 44 deleveraged balance sheet 44 modestly accretive 44 INR1 #m 44 - -Apace Systems 44 MtM impacts 44 beta coefficient 44 Merger Arb ETF 44 Ps.2 44 Mitsue Pipelines 44 nonaccruing loans 44 materiality threshold 44 PM# winners 44 ProLiance 44 Ratio BCAR 44 excludes acquisitions divestitures 44 amortizing 44 Net Income 44 MADS coverage 44 Derivative Liabilities 44 NOLs 44 Casa Berardi mine 44 FY #E [001] 44 BUSINESS OUTLOOK 44 adequately collateralized 44 #,# ADMTs 44 Q#FY# [001] 44 KIPCOKIPCO 44 REITs FFO 44 rebased amounts 44 ourability 44 financialresults 44 thequarter 44 #,#,# #,#,# CASH FLOWS [001] 44 forwarda ^ looking 44 INR#.#bn [001] 44 balance sheets 44 #.#x #.#x #.#x #.#x [001] 44 4Q FY# 44 RUB#.# billion [004] 44 reasonably estimable 44 amortizable 44 Merged Entity 44 LIFO inventory valuation 44 Profitability 44 brownfield expansions 44 GROUP PJC INC. 44 operate profitably 44 SGD#.# 44 Vitrocrisa 44 Olefins Polyolefins 44 lien RMBS 44 INR#.#m [001] 44 Q1 FY# [002] 44 ZAR#.# billion [002] 44 credit carryforwards 44 contractual minimums 44 downward repricing 44 Promotions.com subsidiary 44 FY#E [001] 44 Magnesia Specialties 44 amort 44 Adjusted Ebitda 44 undistributed taxable income 44 5 Yr Avg 44 Olefins segment 44 repay indebtedness 44 SEK#.#bn [004] 44 Pro forma EPS 44 MEUR -#.# 44 xi unanticipated 44 PBDIT 44 -Louise Hawkley 44 Compressco 44 EPADS estimate 44 #-# MMcfe d 44 Regulated utilities 44 Negative Rating Watch 44 Q3 F# 44 Fitch Negative Outlook 44 dividend payouts 44 Enlarged Group 44 Earnings Per Share 44 -PROCTOR Water 44 Adjusted EBITDA1 44 capital employed ROCE 44 Canadian Generally Accepted 44 MYR#.# [005] 44 Shareholder Yield 44 undepreciated assets 44 subsidiaries visit uns.com 44 per ALBD 44 decremental 44 equity investees 44 ReoStar 44 Crocotta 44 adjusted capitalization 44 ABL Facility 44 underlying fundamentals 44 totaled BRL#.# 44 cardmember spending 44 underlying NPAT 44 Normalised 44 Munghana Lonene Listenership 44 #.#x DSCR 44 equity ROE 44 Private Label Credit 44 substantively enacted 44 FFO Adjusted FFO 44 unrealized depreciation 44 margins 44 distributable reserves 44 exclude nonrecurring items 44 paydown 44 depreciable assets 44 refinance indebtedness 44 marketable securities totaled 44 EPS accretion 44 Adjusted Pro Forma 44 Gold Canyon Springpole 44 MCEV 44 Amortized 44 #.#/sh 44 nonutility businesses 44 b Excludes 44 - - Net [034] 44 Balance Sheet Cash Flow 44 similarly captioned 44 Diavik Mine 44 unfavorable variances 44 - CASH FLOWS [003] 44 investee companies 44 - - Net [033] 44 bondholder protections 44 observable inputs 44 Amapari 44 finance acquisitions recapitalizations 44 Rs.# #cr 44 Excluding nonrecurring items 44 excluding reimbursables 44 PTPP 44 overperformance 44 Stable Outlook 44 Ms. Bouvette 44 Rosebel royalty 44 REL Consultancy Group 44 EUR #,# Mio 44 Hedge ineffectiveness 44 unescalated 44 proforma 44 Interest Expense Interest expense 44 TEB adjustment 44 LSV Employee Group 44 cyclicality inherent 44 capitalizable 44 #.# - - [001] 44 Acquired Assets 44 accretion 44 Total Proved Reserves 44 profit margins 44 reserves leasehold acreage 44 LIFO reserve 44 Exousia Evergreen 44 unamortized premiums 44 accounting principles 44 Supplies Distributors 44 lease obligations 44 Composite Fibers 44 audited Consolidated 44 unrealized derivative losses 44 SEK -#.# -#.# [002] 44 undercollateralized 44 IREX joint venture 44 Consolidated Cash Flow 44 pro forma condensed consolidated 44 CTT Holdings 44 drilling recompletions 44 Energy LLC DPLE 44 IRRs 44 INVESTING ACTIVITIES Acquisition