10 Jan 2017securities registration● Neutral
Extraction Oil & Gas, Inc. amended a filing by which it registered a securities offering with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Jan 2017securities registration● Neutral
Extraction Oil & Gas, Inc. amended a filing by which it registered a securities offering with the SEC.
9 Jan 2017securities registration● Neutral
Extraction Oil & Gas, Inc. amended a filing by which it registered a securities offering with the SEC.
9 Jan 2017securities registration● Neutral
Extraction Oil & Gas, Inc. registered a securities offering with the SEC.
22 Dec 2016securities registration● Neutral
Extraction Oil & Gas, Inc. registered a securities offering with the SEC.
19 Dec 2016director interest notice● Neutral
Wayne W Murdy became a Extraction Oil & Gas, Inc. director and company insider (initial ownership filing).
19 Dec 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. director Wayne W Murdy bought 125,000 shares on the open market at $0.00.
19 Dec 2016director interest notice● Neutral
Donald L Evans became a Extraction Oil & Gas, Inc. director and company insider (initial ownership filing).
19 Dec 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. director Donald L Evans bought 125,000 shares on the open market at $0.00.
16 Dec 2016capital raising announcement▲ GoodMajor
The December 12 share sale closed (stated here as 25,041,041 shares at $18.25), raising about $457 million gross and about $442 million after commissions and expenses. The company must file a resale registration (Form S-1) within 30 days of closing so the buyers can sell the shares.
What it means for a shareholder
25.0m new shares at $18.25 to raise about $457m. That's 15% dilution: every existing holder's slice gets 15% smaller. If you held $1,000 of shares (55 at the issue price), your slice goes from 0.0000373% to 0.0000319% of the company. To keep it you'd need 9 more shares - about $164 at the issue price.
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12 Dec 2016material agreement● NeutralMajor
Extraction agreed to sell 25,041,095 new shares of common stock to a group of purchasers at $18.25 per share in a private deal, which adds shares to the existing count. The filing also updates its 2017 hedges: about 1,500 MBbls of oil in swaps at $43.84/Bbl, about 6,250 MBbls in collars with $47.70 floor and $55.94 ceiling, and about 25,420,000 MMBtu of gas in swaps at $3.06/MMBtu.
18 Nov 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. VP, Gen Counsel & Corp Sec Eric J Christ received 75,000 shares as part of the equity award.
16 Nov 2016director interest notice● Neutral
Eric J Christ became a Extraction Oil & Gas, Inc. VP, Gen Counsel & Corp Sec and company insider (initial ownership filing).
16 Nov 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. VP, Chief Accounting Officer Tom L Brock received 4,500 shares as part of the equity award.
16 Nov 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. President Matthew R Owens disposed of 978,469 shares via option/appreciation-right settlement.
16 Nov 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. Chairman and CEO Mark Erickson disposed of 978,470 shares via option/appreciation-right settlement.
16 Nov 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. Chief Financial Officer Russell T Kelley Jr. disposed of 761,031 shares via option/appreciation-right settlement.
14 Nov 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. Chairman and CEO Mark Erickson received 4,636,881 shares as part of the equity award.
14 Nov 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. President Matthew R Owens received 3,889,797 shares as part of the equity award.
7 Nov 2016quarterly activities report▼ Bad
Extraction Oil & Gas, Inc. reported a quarterly net loss of $37.3 million for the period ended 2016-09-30.
7 Nov 2016substantial holder notice● Neutral
YT EXTRACTION CO INVESTMENT PARTNERS, LP, YT EXTRACTION COMPANY LP, YT EXTRACTION ASSOCIATES LLC disclosed a new substantial Extraction Oil & Gas, Inc. shareholding (13.90% of votes).
7 Nov 2016substantial holder notice● Neutral
YORKTOWN ENERGY PARTNERS IX, L.P, YORKTOWN IX COMPANY LP, YORKTOWN IX ASSOCIATES LLC disclosed a new substantial Extraction Oil & Gas, Inc. shareholding (5.20% of votes).
7 Nov 2016quarterly activities report▼ Bad
Extraction Oil & Gas, Inc. reported a quarterly net loss of $37.3 million for the period ended 2016-09-30.
7 Nov 2016substantial holder notice● Neutral
YORKTOWN ENERGY PARTNERS X, L.P, YORKTOWN X COMPANY LP, YORKTOWN X ASSOCIATES LLC disclosed a new substantial Extraction Oil & Gas, Inc. shareholding (12.00% of votes).
3 Nov 2016director interest notice● Neutral
Tom L Brock became a Extraction Oil & Gas, Inc. VP, Chief Accounting Officer and company insider (initial ownership filing).
31 Oct 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. 10%+ owner Yorktown X Associates LLC received 17,554,262 shares as part of the equity award.
31 Oct 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. 10%+ owner Yorktown Energy Partners Ix, L.P. received 7,700,358 shares as part of the equity award.
31 Oct 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. 10%+ owner Yorktown Energy Partners Xi, L.P. received 4,309,079 shares as part of the equity award.
31 Oct 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. 10%+ owner Yt Extraction CO Investment Partners, LP received 20,340,747 shares and a 5,000-share option grant as part of the equity award.
31 Oct 2016director interest notice● Neutral
Extraction Oil & Gas, Inc. 10%+ owner Yorktown Energy Partners X, L.P. received 17,554,262 shares as part of the equity award.