Illegal Activity
none
Blackmail
none
Date
January 2015
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is a report from Deutsche Bank Securities Inc. analyzing the credit profile of Samson Resources. It recommends changing the rating of the company's Senior Notes '20 bonds from BUY to SELL due to the company's deteriorating financial situation and precarious outlook.
Metadata
- Subject
- Samson Resources Relative Value
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0044650
- Date
- January 2015
Notable Quotes 2
Therefore, the credit is now basically driven by the outlook for fundamentals, which is clearly precarious.
Overall, many of the positive ideas we discussed in our 2014 initiation of the credit are being turned on their head given the commodity backdrop especially the deteriorating PV-10 and equity infusion in addition to the difficulty of selling assets in this market.
Red Flags 5
- High leverage levels
- Deteriorating EBITDA
- FCF burn
- Low liquidity
- Breaching net leverage covenant
Financial Information
Amounts:$2.25 billion$1.5 billion$622 million$496 million$630-$700 million$290 million$950 million$434 million$500 million$60/$3$1 billion
Assets:
- Senior Notes '20
- SAIVST 9.75% Notes '20 bonds
Public Knowledge
- Context
- Financial analysis of a company in the energy sector.
- Media Worthy
- Yes
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 2
Samson ResourcesDeutsche Bank Securities Inc.
Text Analysis
- Tone
- Analytical
- Purpose
- To provide an analysis of Samson Resources' credit profile and recommend a change in rating for its Senior Notes '20 bonds.
- Significance
- The document provides insight into the financial health of Samson Resources and the potential risks associated with its debt.
File Info
- File Name
- EFTA01357827.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:05.062560
- DOJ Source
- View on DOJ