14 Feb 2014substantial holder notice● Neutral
Bradley Louis Radoff reported a Evolve Transition Infrastructure LP shareholding of 2,360,000 shares (8.30% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Feb 2014securities registration● Neutral
Evolve Transition Infrastructure LP filed the final prospectus for a registered offering.
14 Nov 2013quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $12.1 million and a net loss of $3.3 million for the period ended 2013-09-30.
14 Nov 2013quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $12.1 million and a net loss of $3.3 million for the period ended 2013-09-30.
20 Aug 2013securities registration● Neutral
Evolve Transition Infrastructure LP filed notice of an exempt private placement.
19 Aug 2013substantial holder notice● Neutral
SANCHEZ ENERGY PARTNERS I, LP, SEP MANAGEMENT I, LLC, SANCHEZ OIL & GAS CORPORATION, ANTONIO R. SANCHEZ, III, A. R. SANCHEZ, JR disclosed a new substantial Evolve Transition Infrastructure LP shareholding (19.90% of votes).
15 Aug 2013quarterly activities report● Neutral
Evolve Transition Infrastructure LP reported quarterly revenue of $15.4 million and net income of $1.1 million for the period ended 2013-06-30.
14 Aug 2013quarterly activities report● Neutral
Evolve Transition Infrastructure LP reported quarterly revenue of $15.4 million and net income of $1.1 million for the period ended 2013-06-30.
9 Aug 2013director officer appointment● NeutralMajor
Sanchez Energy Partners I sold Texas and Louisiana oil and gas properties to the partnership for $20.1 million in cash, 4.7 million common units, 1.13 million Class A units and one non-voting-in-practice Class Z unit. As holder of 70% of the Class A units, it then replaced the two Class A managers with Antonio R. Sanchez III and Gary Wellinger.
7 Aug 2013substantial holder notice● Neutral
Bradley Louis Radoff disclosed a new substantial Evolve Transition Infrastructure LP shareholding (5.10% of votes).
30 July 2013substantial holder notice● Neutral
PostRock Energy Corporation, Constellation Energy Partners Management, LLC, White Deer Energy L.P, White Deer Energy TE L.P, White Deer Energy FI L.P, Edelman & Guill Energy L.P, Edelman & Guill Energy Ltd, Thomas J. Edelman, Ben A. Guill reported a Evolve Transition Infrastructure LP shareholding of 5,918,894 shares (24.90% of votes) in a periodic institutional filing.
11 June 2013substantial holder notice● Neutral
Investment Partners Asset Management, Inc. reported a Evolve Transition Infrastructure LP shareholding of 1,268,442 shares (5.34% of votes) in a periodic institutional filing.
31 May 2013debt financing● Neutral
The credit facility was refinanced with Société Générale as agent, again with a $350 million maximum commitment and a 2017 maturity. Put in place three months before the partnership changed hands.
15 May 2013quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $5.1 million and a net loss of $13.3 million for the period ended 2013-03-31.
15 May 2013quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $5.1 million and a net loss of $13.3 million for the period ended 2013-03-31.
21 Mar 2013auditor change● Neutral
The partnership replaced PricewaterhouseCoopers with KPMG as auditor, a cost-conscious change for a business a fraction of the size it had been a year earlier.
1 Mar 2013asset acquisition disposition▼ BadMajor
The Robinson's Bend sale closed at $63 million plus adjustments. The partnership is now a Cherokee Basin and Woodford gas producer with cash and a much smaller borrowing base, and no obvious reason for anyone to own it.
15 Feb 2013substantial holder notice● Neutral
Richmond Hill Investments, LLC*, Richmond Hill Investment Co., LP, Richmond Hill Capital Management, LLC, Richmond Hill Advisors, LLC, Ryan P. Taylor reported a Evolve Transition Infrastructure LP shareholding of 2,179,515 shares (9.20% of votes) in a periodic institutional filing.
14 Feb 2013substantial holder notice● Neutral
Richmond Hill Investments, LLC*, Richmond Hill Investment Co., LP, Richmond Hill Capital Management, LLC, Richmond Hill Advisors, LLC, Ryan P. Taylor reported a Evolve Transition Infrastructure LP shareholding of 2,179,515 shares (9.20% of votes) in a periodic institutional filing.
12 Feb 2013debt financing● Neutral
The lenders consented to the Robinson's Bend sale and released their security over it, with the borrowing base to be cut when it closed. Selling collateral shrinks the credit line - the cash raised does not stay available.
4 Feb 2013material agreement▼ BadMajor
The partnership agreed to sell Robinson's Bend - the Alabama coalbed methane field it was built around - to Castleton Commodities for $63 million. Selling the founding asset is the clearest statement that the original business no longer worked at prevailing gas prices.
23 Jan 2013substantial holder notice● Neutral
Investment Partners Asset Management, Inc. reported a Evolve Transition Infrastructure LP shareholding of 1,194,193 shares (5.04% of votes) in a periodic institutional filing.
9 Nov 2012quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $3.3 million and a net loss of $11.2 million for the period ended 2012-09-30.
9 Nov 2012quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $3.3 million and a net loss of $11.2 million for the period ended 2012-09-30.
23 Oct 2012substantial holder notice● Neutral
Investment Partners Asset Management, Inc. disclosed a new substantial Evolve Transition Infrastructure LP shareholding (5.12% of votes).
5 Sept 2012substantial holder notice● Neutral
PostRock Energy Corporation, Constellation Energy Partners Management, LLC, White Deer Energy L.P, White Deer Energy TE L.P, White Deer Energy FI L.P, Edelman & Guill Energy L.P, Edelman & Guill Energy Ltd, Thomas J. Edelman, Ben A. Guill reported a Evolve Transition Infrastructure LP shareholding of 5,918,894 shares (25.00% of votes) in a periodic institutional filing.
9 Aug 2012quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $9.2 million and a net loss of $5.0 million for the period ended 2012-06-30.
9 Aug 2012quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $9.2 million and a net loss of $5.0 million for the period ended 2012-06-30.
30 July 2012quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $9.2 million and a net loss of $5.0 million for the period ended 2012-06-30.
5 June 2012director officer appointment▼ Bad
The performance grants made to executives two months earlier were cancelled by mutual agreement and replaced. Targets set in April 2012 had already become unreachable.