Past year: ▼ 46%(27.09 – 50.76 USD)
Each one in plain English, with the numbers worked through for a shareholder.
11 July 2014asset acquisition disposition● NeutralMajor
The DJ Resources acquisition announced in May closed on July 8, 2014, for $174.2 million in cash and 853,492 new shares priced at $45.42 each (fewer shares than the up to 1,100,837 first announced). The company must file a resale registration for the seller's shares by August 7, 2014.
2 July 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. VP, Chief Accounting Officer Wade E Jaques sold 7,064 shares at $56.14.
2 July 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. General Counsel & SVP Christopher Humber sold 4,500 shares.
9 June 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. director James A Watt received 2,354 shares as part of the equity award.
9 June 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. director Gregory P Raih received 2,354 shares as part of the equity award.
9 June 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. director Richard J Carty received 2,354 shares as part of the equity award.
9 June 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. director Kevin A Neveu received 2,354 shares as part of the equity award.
6 June 2014agm notice● Neutral
CIVITAS RESOURCES, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
23 May 2014material agreement▲ GoodMajor
Bonanza Creek agreed to buy Weld County, Colorado oil and gas assets from DJ Resources, LLC for up to $225.5 million: $175.5 million cash and up to 1,100,837 new shares. The deal, with an $11.275 million escrow deposit, was expected to close early in the third quarter of 2014; the company also announced White Cliffs pipeline space and a borrowing base increase to $525 million.
20 May 2014debt financing▲ Good
The company (filing under its earlier name, Bonanza Creek Energy) amended its bank credit agreement with KeyBank: total potential borrowing rises from $600 million to $1 billion and the borrowing base from $450 million to $525 million, with the interest rate on future borrowings cut by 0.25%. It chose to limit bank commitments to $400 million for now, with the option to access the full $525 million before the next redetermination.
30 Apr 2014agm notice● Neutral
The company issued its proxy statement for the June 5, 2014 annual meeting. Shareholders were asked to elect one director, ratify Hein & Associates as auditor and give a non-binding advisory vote on executive pay.
31 Mar 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. Executive VP-Corp Development Patrick A Graham had 969 shares withheld for taxes on vesting stock.
31 Mar 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. Exec VP Engineering & Planning Gary A Grove had 1,147 shares withheld for taxes on vesting stock.
4 Mar 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. VP, Chief Accounting Officer Wade E Jaques had 2,756 shares withheld for taxes on vesting stock.
4 Mar 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. Executive VP-Corp Development Patrick A Graham had 4,347 shares withheld for taxes on vesting stock.
4 Mar 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. General Counsel & SVP Christopher Humber had 2,756 shares withheld for taxes on vesting stock.
4 Mar 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. Exec VP Engineering & Planning Gary A Grove had 5,109 shares withheld for taxes on vesting stock.
14 Feb 2014substantial holder notice● Neutral
WEST FACE CAPITAL INC, GREGORY A. BOLAND reported a CIVITAS RESOURCES, INC. shareholding of 7,587,859 shares (18.80% of votes) in a periodic institutional filing.
10 Feb 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. President & CEO Michael R Starzer had 29,915 shares withheld for taxes on vesting stock.
4 Feb 2014director interest notice● Neutral
CIVITAS RESOURCES, INC. President & CEO Michael R Starzer had 58,270 shares withheld for taxes on vesting stock.
24 Jan 2014substantial holder notice● Neutral
Michael R. Starzer reported a CIVITAS RESOURCES, INC. shareholding of 519,311 shares (1.29% of votes) in a periodic institutional filing.
27 Dec 2013director interest notice● Neutral
CIVITAS RESOURCES, INC. Exec VP Engineering & Planning Gary A Grove gifted 11,500 shares.
20 Dec 2013director interest notice● Neutral
CIVITAS RESOURCES, INC. VP, Chief Accounting Officer Wade E Jaques had 701 shares withheld for taxes on vesting stock.
20 Dec 2013director interest notice● Neutral
CIVITAS RESOURCES, INC. General Counsel & SVP Christopher Humber had 934 shares withheld for taxes on vesting stock.
19 Dec 2013director interest notice● Neutral
CIVITAS RESOURCES, INC. President & CEO Michael R Starzer gifted 25,000 shares.
