9 May 2016quarterly activities report▼ Bad
BATTALION OIL CORP reported quarterly revenue of $81.3 million and a net loss of $540.0 million for the period ended 2016-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Mar 2016material agreement▼ BadMajor
Halcón signed a thirteenth amendment to its revolving credit facility that cut the borrowing base to $700 million and set the next redetermination for September 1, 2016. Interest margins were set at 1.50%-2.50% over the base rate or 2.50%-3.50% over LIBOR, depending on utilization.
14 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Corporate Affairs Larry L Helm had 7,259 shares withheld for taxes on vesting stock.
14 Mar 2016director interest notice● Neutral
Paul P Huffard IV became a BATTALION OIL CORP director and company insider (initial ownership filing).
14 Mar 2016director interest notice● Neutral
John Wat /adv Brown became a BATTALION OIL CORP director and company insider (initial ownership filing).
3 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Chief Operating Officer Charles E Cusack III had 8,461 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Corporate Affairs Larry L Helm had 5,591 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Chief Operating Officer Charles E Cusack III had 6,378 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP President Stephen W Herod had 9,170 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP SVP, Corporate Reserves Tina S Obut had 2,168 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
Tina S Obut became a BATTALION OIL CORP SVP, Corporate Reserves and company insider (initial ownership filing).
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP Chairman and CEO Floyd C Wilson gifted 22,000 shares.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Corp Strategy and CLO David S Elkouri had 5,725 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP SVP, Human Resources Leah R. Kasparek had 1,906 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP SVP, CAO and Controller Joseph S Rinando III had 2,125 shares withheld for taxes on vesting stock.
16 Feb 2016director interest notice● Neutral
BATTALION OIL CORP director Michael Andrew Vlasic gifted 38,880 shares.
5 Feb 2016substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr reported a BATTALION OIL CORP shareholding of 6,478,415 shares (1.10% of votes) in a periodic institutional filing.
22 Dec 2015debt financing▼ BadMajor
Halcón ran a second debt exchange, swapping $289.6 million of unsecured notes for $112.8 million of new 12% second-lien notes due 2022, cutting the revolver's borrowing base to about $827.4 million.
21 Dec 2015director interest notice● Neutral
BATTALION OIL CORP SVP, Corporate Reserves Tina S Obut bought 100,000 shares on the open market at $0.26.
21 Dec 2015director interest notice● Neutral
BATTALION OIL CORP director James W Christmas bought 200,000 shares on the open market at $0.26.
21 Dec 2015director interest notice● Neutral
BATTALION OIL CORP EVP, Chief Operating Officer Charles E Cusack III bought 100,000 shares on the open market at $0.26.
21 Dec 2015director interest notice● Neutral
BATTALION OIL CORP Chairman and CEO Floyd C Wilson bought 500,000 shares on the open market at $0.26.
7 Dec 2015director interest notice● Neutral
BATTALION OIL CORP SVP, Corporate Reserves Tina S Obut received 152,500 shares and a 300,079-share option grant as part of the equity award.
7 Dec 2015director interest notice● Neutral
BATTALION OIL CORP SVP, CAO and Controller Joseph S Rinando III received 152,500 shares and a 300,079-share option grant as part of the equity award.
7 Dec 2015director interest notice● Neutral
BATTALION OIL CORP SVP, Human Resources Leah R. Kasparek received 128,280 shares and a 252,419-share option grant as part of the equity award.
6 Nov 2015quarterly activities report● Neutral
BATTALION OIL CORP reported quarterly revenue of $129.9 million and net income of $147.1 million for the period ended 2015-09-30.
5 Nov 2015quarterly activities report● Neutral
Halcón reported third quarter 2015 revenues of $129.9 million and net income available to common stockholders of $123.5 million, or $0.18 per diluted share. Adjusted for selected items, net income was $21.2 million.
30 Oct 2015material agreement● Neutral
A twelfth credit-facility amendment reaffirmed the $850 million borrowing base and gave Halcón more flexibility to keep repurchasing or exchanging its unsecured notes.
15 Sept 2015debt financing▼ BadMajor
Halcón closed its debt exchange, issuing about $1.02 billion of new 13% third-lien senior secured notes due 2022 for about $1.57 billion of unsecured notes. This cut face-value debt by roughly $550 million, but the new notes rank behind the revolver and the 8.625% second-lien notes. The revolver's borrowing base was also reduced to $850 million.
2 Sept 2015director interest notice● Neutral
BATTALION OIL CORP EVP, Chief Operating Officer Charles E Cusack III bought 50,000 shares on the open market at $1.05.