14 Aug 2017director interest notice● Neutral
EARTHSTONE ENERGY INC CEO Lodzinski Frank Alan gifted 50,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Aug 2017quarterly activities report● Neutral
EARTHSTONE ENERGY INC reported quarterly revenue of $31.3 million and net income of $1.6 million for the period ended 2017-09-30.
9 Aug 2017quarterly activities report● Neutral
EARTHSTONE ENERGY INC reported quarterly revenue of $31.3 million and net income of $1.6 million for the period ended 2017-09-30.
19 July 2017director interest notice● Neutral
EARTHSTONE ENERGY INC EVP Anderson Robert John sold 15,000 shares at $10.00.
26 May 2017securities registration● Neutral
EARTHSTONE ENERGY INC registered a securities offering with the SEC using its shelf eligibility.
24 May 2017listing compliance notice▼ BadMajor
EARTHSTONE ENERGY INC's securities were notified for removal from listing and registration on its exchange.
22 May 2017director interest notice● Neutral
EARTHSTONE ENERGY INC 10%+ owner Bold Energy Holdings, LLC disposed of 1,464,304 shares via option/appreciation-right settlement.
22 May 2017director interest notice● Neutral
Bold Energy Holdings, LLC became a EARTHSTONE ENERGY INC 10%+ owner and company insider (initial ownership filing).
19 May 2017director interest notice● Neutral
EARTHSTONE ENERGY INC EVP Anderson Robert John disposed of 75,000 shares via option/appreciation-right settlement.
18 May 2017director interest notice● Neutral
EARTHSTONE ENERGY INC 10%+ owner Oak Valley Resources, LLC disposed of 18,324,904 shares via option/appreciation-right settlement.
18 May 2017director interest notice● Neutral
EARTHSTONE ENERGY INC director Urban Zachary G. disposed of 9,000 shares via option/appreciation-right settlement.
18 May 2017director interest notice● Neutral
EARTHSTONE ENERGY INC director Robert L Zorich disposed of 18,324,904 shares via option/appreciation-right settlement.
18 May 2017director interest notice● Neutral
EARTHSTONE ENERGY INC director Joliat Jay Frederick disposed of 19,000 shares via option/appreciation-right settlement.
17 May 2017director interest notice● Neutral
Snoots Wynne M. Jr. became a EARTHSTONE ENERGY INC director and company insider (initial ownership filing).
15 May 2017asset acquisition disposition● NeutralMajor
On May 9, 2017, Earthstone closed the Bold Energy deal: existing common stock converted one-for-one into Class A, Earthstone and Lynden put their assets into Earthstone Energy Holdings (EEH), and Bold Holdings received 36,070,828 EEH units plus 36,070,828 Class B shares. This resolves the main open thread; the proxy had said Bold holders would own about 61% on a fully diluted basis. Earthstone also signed a new credit agreement with a $150.0 million initial borrowing base maturing May 9, 2022 (replacing the 2014 facility, which had a $75.0M base), a registration rights agreement for Bold's shares, and a voting agreement with EnCap, Oak Valley and Bold Holdings. The board went to nine members. Legacy holders keep their shares as Class A but are now a minority.
12 May 2017listing compliance notice● Neutral
On May 8, 2017 the board approved moving the stock's listing from the NYSE MKT to the NYSE; the Class A shares (existing stock converted one-for-one) began trading on the NYSE on May 10, 2017 under the same symbol, ESTE. This follows the Bold closing and changes only where the shares trade; the company plans to file Form 25 around May 22, 2017 to withdraw the old listing.
9 May 2017agm notice● Neutral
EARTHSTONE ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
9 May 2017listing compliance notice▲ GoodMajor
the New York Stock Exchange certified EARTHSTONE ENERGY INC's securities for listing, clearing them to begin trading.
9 May 2017quarterly activities report▼ Bad
EARTHSTONE ENERGY INC reported quarterly revenue of $25.8 million and a net loss of $17.1 million for the period ended 2017-06-30.
8 May 2017quarterly activities report▼ Bad
EARTHSTONE ENERGY INC reported quarterly revenue of $25.8 million and a net loss of $17.1 million for the period ended 2017-06-30.
11 Apr 2017agm notice● Neutral
EARTHSTONE ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
7 Apr 2017business combination● NeutralMajor
Earthstone filed its final proxy statement on April 7, 2017, setting a special stockholder meeting for May 9, 2017 to vote on the Bold Energy deal (the meeting date was blank in the December preliminary version). The board unanimously recommends approval; Bold Holdings is expected to own about 61.0% of Class A stock on a fully diluted, as-converted basis, and the stock closed at $14.51 on April 6, 2017 versus $8.98 before the deal was announced. The vote needs a majority of all outstanding shares plus a majority of votes cast not held by Oak Valley or executive officers.
23 Mar 2017agm notice● Neutral
EARTHSTONE ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
23 Mar 2017material agreement● Neutral
On March 21, 2017, Earthstone and the other parties to the Bold Energy contribution agreement signed an amendment moving the termination date from March 31, 2017 to June 30, 2017. This continues the pending Bold deal, which had been due to end on March 31, and gives it three more months to close; the filing gives no reason for the extension.
17 Mar 2017agm notice● Neutral
EARTHSTONE ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
16 Mar 2017quarterly activities report● Neutral
EARTHSTONE ENERGY INC reported quarterly revenue of $15.3 million and net income of $729 thousand for the period ended 2017-03-31.
23 Feb 2017agm notice● Neutral
EARTHSTONE ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
14 Feb 2017director interest notice● Neutral
Oviedo Tony became a EARTHSTONE ENERGY INC EVP, PAO and company insider (initial ownership filing).
14 Feb 2017agm notice● Neutral
EARTHSTONE ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
14 Feb 2017director interest notice● Neutral
EARTHSTONE ENERGY INC EVP, PAO Oviedo Tony received a stock option grant for 30,000 shares.