Past year: ▲ 12953%(0.21c – 7.65 USD)
Each one in plain English, with the numbers worked through for a shareholder.
22 May 2023security holder rights change▼ BadMajor
Evolve announced a one-for-thirty reverse split of its common units, expected to take effect after the market closed on June 13, 2023. Units were to trade split-adjusted from June 14, with cash paid in place of fractional units and holders' relative rights unchanged.
12 May 2023quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $6.4 million and a net loss of $22.2 million for the period ended 2023-03-31.
8 May 2023substantial holder notice● Neutral
SP COMMON EQUITY SUBSIDIARY LLC, SP PREFERRED EQUITY SUBSIDIARY LLC, STONEPEAK CATARINA HOLDINGS LLC, STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, STONEPEAK CATARINA UPPER HOLDINGS LLC, STONEPEAK ASSOCIATES LLC, STONEPEAK GP HOLDINGS LP, STONEPEAK GP INVESTORS LLC, STONEPEAK GP INVESTORS MANAGER LLC, MICHAEL DORRELL reported a Evolve Transition Infrastructure LP shareholding of 231,761,668 shares (82.30% of votes) in a periodic institutional filing.
8 May 2023director interest notice● Neutral
Evolve Transition Infrastructure LP insider Stonepeak Catarina Holdings LLC received 28,403,130 shares as part of the equity award.
2 May 2023material agreement▼ Bad
Yet another Stonepeak warrant amendment.
12 Apr 2023debt financing▼ Bad
A thirteenth amendment to the credit agreement. The facility has now been amended thirteen times in eight years, each one a small concession keeping the partnership just inside its covenants.
14 Mar 2023director interest notice● Neutral
Evolve Transition Infrastructure LP President / Chief Oper. Off. Michael A. Keuss received 2,550,000 shares as part of the equity award.
14 Mar 2023director interest notice● Neutral
Evolve Transition Infrastructure LP CEO Randall L. Gibbs received 2,550,000 shares as part of the equity award.
24 Feb 2023listing compliance notice▼ Bad
An update on the December 2022 listing deficiency; the partnership remained out of compliance.
21 Feb 2023material agreement▼ Bad
The HOBO renewable diesel arrangement was amended so that Evolve pays the development fee only if it chooses to proceed - the language of a partner looking for a way out rather than in.
2 Feb 2023director interest notice● Neutral
Evolve Transition Infrastructure LP insider Stonepeak Catarina Holdings LLC received 1,276,605 shares as part of the equity award.
30 Dec 2022listing compliance notice▼ Bad
Another warrant amendment, filed with a further listing compliance update as the year closed.
9 Dec 2022listing compliance notice▼ BadMajor
NYSE American found Evolve below the listing standards again, on both partners' equity and losses. The same deficiency that first appeared in April 2020, never actually cured.
22 Nov 2022substantial holder notice● Neutral
SP COMMON EQUITY SUBSIDIARY LLC, SP PREFERRED EQUITY SUBSIDIARY LLC, STONEPEAK CATARINA HOLDINGS LLC, STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, STONEPEAK CATARINA UPPER HOLDINGS LLC, STONEPEAK ASSOCIATES LLC, STONEPEAK GP HOLDINGS LP, STONEPEAK GP INVESTORS LLC, STONEPEAK GP INVESTORS MANAGER LLC, MICHAEL DORRELL reported a Evolve Transition Infrastructure LP shareholding of 200,107,218 shares (80.30% of votes) in a periodic institutional filing.
22 Nov 2022business combination▼ BadMajor
Stonepeak filed a Schedule 13E-3 on its November 2020 arrangement to take common units instead of preferred distributions. On October 28, 2022 it elected to take 27,442,638 common units for Q3 2022, lifting its stake from about 75.3% to 78.2% (80.3% with the warrant), and the filing says it did not currently anticipate exercising the limited call right.
22 Nov 2022director interest notice● Neutral
Evolve Transition Infrastructure LP insider Stonepeak Catarina Holdings LLC received 27,442,638 shares as part of the equity award.
14 Nov 2022quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $7.0 million and a net loss of $16.0 million for the period ended 2022-09-30.
16 Sept 2022director interest notice● Neutral
Michael A Heim became a Evolve Transition Infrastructure LP company insider (initial ownership filing).
12 Sept 2022director interest notice● Neutral
David D Kinder became a Evolve Transition Infrastructure LP company insider (initial ownership filing).
30 Aug 2022director interest notice● Neutral
Evolve Transition Infrastructure LP Pres. & Chief Invest. Officer Jonathan C. M. Hartigan disposed of 3,251,136 shares via option/appreciation-right settlement.
10 Aug 2022quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $7.3 million and a net loss of $16.6 million for the period ended 2022-06-30.
2 Aug 2022substantial holder notice● Neutral
SP COMMON EQUITY SUBSIDIARY LLC, SP PREFERRED EQUITY SUBSIDIARY LLC, STONEPEAK CATARINA HOLDINGS LLC, STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, STONEPEAK CATARINA UPPER HOLDINGS LLC, STONEPEAK ASSOCIATES LLC, STONEPEAK GP HOLDINGS LP, STONEPEAK GP INVESTORS LLC, STONEPEAK GP INVESTORS MANAGER LLC, MICHAEL DORRELL reported a Evolve Transition Infrastructure LP shareholding of 169,615,398 shares (76.50% of votes) in a periodic institutional filing.
2 Aug 2022director interest notice● Neutral
Evolve Transition Infrastructure LP insider Stonepeak Catarina Holdings LLC received 27,442,638 shares as part of the equity award.
1 Aug 2022director officer appointment▼ Bad
Another Stonepeak warrant amendment, alongside board changes.
28 June 2022material agreement▼ BadMajor
The reason for the settlement, stated plainly: Mesquite had been short-paying its invoices, using the cheaper western Catarina tariff for eastern Catarina volumes. Evolve's single customer had simply been paying it less than the contract required.
31 May 2022material agreement▼ BadMajor
Evolve settled its disputes with Mesquite Energy - the post-bankruptcy Sanchez Energy - and restated the Catarina gathering agreement. The 2015 contract that made the partnership worth owning had to be renegotiated with a counterparty that no longer accepted its terms.
13 May 2022quarterly activities report▼ Bad
Evolve Transition Infrastructure LP reported quarterly revenue of $15.1 million and a net loss of $9.7 million for the period ended 2022-03-31.
3 May 2022substantial holder notice● Neutral
SP COMMON EQUITY SUBSIDIARY LLC, SP PREFERRED EQUITY SUBSIDIARY LLC, STONEPEAK CATARINA HOLDINGS LLC, STONEPEAK TEXAS MIDSTREAM HOLDCO LLC, STONEPEAK CATARINA UPPER HOLDINGS LLC, STONEPEAK ASSOCIATES LLC, STONEPEAK GP HOLDINGS LP, STONEPEAK GP INVESTORS LLC, STONEPEAK GP INVESTORS MANAGER LLC, MICHAEL DORRELL reported a Evolve Transition Infrastructure LP shareholding of 139,123,578 shares (72.70% of votes) in a periodic institutional filing.
3 May 2022director interest notice● Neutral
Evolve Transition Infrastructure LP insider Stonepeak Catarina Holdings LLC received 24,721,910 shares as part of the equity award.
29 Apr 2022material agreement▼ Bad
A further Stonepeak warrant amendment, now roughly quarterly.
