Attached files

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EX-99.1 - EXHIBIT 99.1 - RSP Permian, Inc.a20151231ex991.htm
EX-31.2 - EXHIBIT 31.2 - RSP Permian, Inc.a20151231ex312.htm
EX-32.1 - EXHIBIT 32.1 - RSP Permian, Inc.a20151231ex321.htm
EX-32.2 - EXHIBIT 32.2 - RSP Permian, Inc.a20151231ex322.htm
EX-21.1 - EXHIBIT 21.1 - RSP Permian, Inc.a20151231ex211.htm
EX-23.1 - EXHIBIT 23.1 - RSP Permian, Inc.a20151231ex231.htm
EX-23.2 - EXHIBIT 23.2 - RSP Permian, Inc.a20151231ex232.htm
EX-31.1 - EXHIBIT 31.1 - RSP Permian, Inc.a20151231ex311.htm
10-K - 10-K - RSP Permian, Inc.a2015123110k.htm



RSP Permian, Inc.
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratios)

 
 
RSP Permian, Inc.
 
Predecessor
 
 
Year Ended December 31,
 
Year Ended December 31,
 
 
2015
 
2014 (1)
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 

 
 
 
 

 
 

Pre-tax income (loss)
 
$
(29,937
)
 
$
160,304

 
$
65,000

 
$
35,569

 
$
131,722

Add: Loss (gain) from equity investee
 
$
(8
)
 
$
98

 
$

 
$

 
$

Add: Interest expense
 
$
43,538

 
$
14,031

 
$
5,216

 
$
3,474

 
$
3,472

Add: Estimate of interest within rental expense
 
$
309

 
$
156

 
$
83

 
$
79

 
$
69

Total earnings
 
$
13,902

 
$
174,589

 
$
70,299

 
$
39,122

 
$
135,263

 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest expense
 
$
43,538

 
$
14,031

 
$
5,216

 
$
3,474

 
$
3,472

Estimate of interest within rental expense
 
$
309

 
$
156

 
$
83

 
$
79

 
$
69

Total fixed charges
 
$
43,847

 
$
14,187

 
$
5,299

 
$
3,553

 
$
3,541

 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to Fixed Charges(2)
 
0.32
 
12.31
 
13.27
 
11.01
 
38.20

(1) Represents RSP Permian, Inc.'s predecessor's historical financial data for the first 22 days plus RSP Permian, Inc.'s historical financial data for the remainder of the year.
(2) Earnings in the year ended December 31, 2015 were insufficient by $29.9 million to cover fixed charges.