COVERAGE LIST

Energy & Energy Service Companies • Price as of February 14, 2020

SCHACHTER ENERGY REPORT: February 21, 2020 - 4. Lists

*Disclosure: Ownership by JIS or immediate family member
No new positions either Buy or Sell can be undertaken by anyone at SER until 5 days after an Action Alert has been sent out

VALUATION ANALYSIS

Energy & Energy Service Companies • Price as of February 14, 2020

The  “Valuation Analysis” chart highlights percentages of liquids versus natural gas, the latest quarterly production data, an enterprise value per boe calculation and dividend information.

SCHACHTER ENERGY REPORT: February 21, 2020 - 4. Lists