6 Aug 2012quarterly activities report● Neutral
Cimarex Resolute LLC reported a quarterly net income of $22.8 million for the period ended 2012-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 June 2012substantial holder notice● Neutral
SPO Partners II, L.P, SPO Advisory Partners, L.P, San Francisco Partners, L.P, SF Advisory Partners, L.P, SPO Advisory Corp, John H. Scully, Edward H. McDermott, Phoebe Snow Foundation, Inc reported a Cimarex Resolute LLC shareholding of 19,348,201 shares (27.50% of votes) in a periodic institutional filing.
8 May 2012quarterly activities report▼ Bad
Cimarex Resolute LLC reported a quarterly net loss of $742 thousand for the period ended 2012-03-31.
7 May 2012quarterly activities report▼ Bad
Cimarex Resolute LLC reported a quarterly net loss of $742 thousand for the period ended 2012-03-31.
26 Apr 2012debt financing● NeutralMajor
The company sold $250 million of 8.50% Senior Notes due May 1, 2020 to institutional buyers; the sale closed April 25, 2012 at 97.50% of face value. Interest is paid each May 1 and November 1 starting November 1, 2012. The indenture limits further debt, dividends and asset sales, and the company agreed to offer registered replacement notes later. The filing does not state what the proceeds will be used for.
16 Apr 2012material agreement▲ GoodMajor
On April 13, 2012 the company amended its bank credit agreement with Wells Fargo as agent. The revolving facility grows from $500 million to $1 billion, matures in April 2017 instead of March 2014, and carries lower interest rates. The borrowing base, the amount actually available, stays at $330 million.
12 Apr 2012material agreement● NeutralMajor
On April 9, 2012 the company bought, together with the Navajo Nation Oil and Gas Company (NNOG), all of Denbury's Aneth Field interests (13% of the Aneth Unit, 11% of the Ratherford Unit) for $75 million, split 50/50. NNOG also exercised an option to buy 10% of the company's Aneth interest for $100 million, paid as two $50 million transfers in July 2012 and January 2013. NNOG's other option was cancelled, and one remaining 10% option is exercisable in July 2017 at fair market value. The press release says that once everything closes, working interests stay essentially unchanged at 62% (Aneth Unit) and 59% (Ratherford Unit) and fall to 67.5% from 75% in McElmo Creek.
14 Feb 2012substantial holder notice● Neutral
Neuberger Berman Group LLC, Neuberger Berman LLC reported a Cimarex Resolute LLC shareholding of 2,378,625 shares (3.90% of votes) in a periodic institutional filing.
14 Feb 2012substantial holder notice● Neutral
Vaughan Nelson Investment Management, L.P, Vaughan Nelson Investment Management, Inc reported no remaining Cimarex Resolute LLC shareholding in its periodic institutional filing.
14 Feb 2012substantial holder notice● Neutral
Piper Jaffray Companies reported a Cimarex Resolute LLC shareholding of 4,210,006 shares (6.89% of votes) in a periodic institutional filing.
9 Feb 2012substantial holder notice● Neutral
Brian Taylor, Pine River Capital Management L.P, Nisswa Acquisition Master Fund Ltd reported a Cimarex Resolute LLC shareholding of 894,445 shares (1.40% of votes) in a periodic institutional filing.
28 Dec 2011substantial holder notice● Neutral
Thomas O. Hicks reported a Cimarex Resolute LLC shareholding of 14,036,290 shares (19.20% of votes) in a periodic institutional filing.
7 Nov 2011quarterly activities report● Neutral
Cimarex Resolute LLC reported a quarterly net income of $37.6 million for the period ended 2011-09-30.
7 Nov 2011quarterly activities report● Neutral
Cimarex Resolute LLC reported a quarterly net income of $37.6 million for the period ended 2011-09-30.
7 Sept 2011material agreement● Neutral
On August 31, 2011 the company's subsidiary signed a new crude oil sale agreement with Western Refining Southwest, replacing the August 2009 agreement. It covers up to 8,000 barrels a day plus up to 3,000 barrels a day of additional volume, at the same $6.25-per-barrel discount to NYMEX as before (with future adjustments for any higher transport cost). The base volume runs two years and the additional volume six months from August 1, 2011, then month-to-month unless ended on notice.
8 Aug 2011quarterly activities report● Neutral
Cimarex Resolute LLC reported a quarterly net income of $25.7 million for the period ended 2011-06-30.
8 Aug 2011quarterly activities report● Neutral
Cimarex Resolute LLC reported a quarterly net income of $25.7 million for the period ended 2011-06-30.
6 May 2011quarterly activities report▼ Bad
Cimarex Resolute LLC reported a quarterly net loss of $16.8 million for the period ended 2011-03-31.
6 May 2011quarterly activities report▼ Bad
Cimarex Resolute LLC reported a quarterly net loss of $16.8 million for the period ended 2011-03-31.
18 Apr 2011securities registration● Neutral
Cimarex Resolute LLC filed the final prospectus for a registered offering.
18 Apr 2011securities registration● Neutral
Cimarex Resolute LLC filed the final prospectus for a registered offering.
7 Apr 2011securities registration● Neutral
Cimarex Resolute LLC amended an already-effective registration statement.
5 Apr 2011securities registration● Neutral
Cimarex Resolute LLC amended an already-effective registration statement.
29 Mar 2011securities registration● Neutral
Cimarex Resolute LLC filed the final prospectus for a registered offering.
21 Mar 2011securities registration● Neutral
Cimarex Resolute LLC registered a securities offering with the SEC using its shelf eligibility.
17 Mar 2011securities registration● Neutral
Cimarex Resolute LLC filed the final prospectus for a registered offering.
17 Mar 2011securities registration● Neutral
Cimarex Resolute LLC filed the final prospectus for a registered offering.
8 Mar 2011securities registration● Neutral
Cimarex Resolute LLC filed the final prospectus for a registered offering.
8 Mar 2011securities registration● Neutral
Cimarex Resolute LLC filed the final prospectus for a registered offering.
23 Feb 2011substantial holder notice● Neutral
KENNETH A. HERSH, NATURAL GAS PARTNERS VII, L.P, RESOLUTE HOLDINGS, LLC reported a Cimarex Resolute LLC shareholding of 14,899,357 shares (24.10% of votes) in a periodic institutional filing.