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Gastar Exploration Inc.

US:GST-PAUS:GSTPAUS:GSTPBUS:GSTCQUS:GSTUS:GSPBQUS:GSPAQ
No current share price held for this company.

Past year: ▼ 100%(0.22c – 99.9c USD)

Market cap
—
Shares on issue
—
Story beats
42 since 2011
Last event
22 Jan 2019

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

15 Sept 2014material agreement● Neutral

On Sept 11, 2014 Gastar signed indemnification agreements with nine directors and officers (Porter, Gerlich, McCown, Cassels, Coley, Holditch, Penner, Schuyler, Selser), committing the company to cover their liabilities from their service to the fullest extent the law allows and to advance expenses. It is a governance document; no figures or transaction are involved.

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15 Sept 2014securities registration● Neutral

Gastar Exploration Inc. filed a prospectus supplement for an offering off its existing shelf.

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11 Sept 2014director interest notice● Neutral

Gastar Exploration Inc. director Jerry R Schuyler bought 14,000 shares on the open market at $7.74.

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11 Sept 2014director interest notice● Neutral

Gastar Exploration Inc. director Stephen A Holditch bought 7,500 shares on the open market at $7.30.

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15 Aug 2014director interest notice● Neutral

Gastar Exploration Inc. Chief Financial Officer & VP Michael A Gerlich bought 400 shares on the open market at $25.40.

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15 Aug 2014debt financing▲ Good

On Aug 13, 2014 Gastar signed Amendment No. 4 to its credit agreement with Wells Fargo as agent, raising the borrowing base (the amount the banks will lend against its reserves) from $120 million to $145 million. This continues the credit facility thread; the filing does not say whether any of the extra capacity has been drawn.

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14 Aug 2014quarterly activities report● Neutral

Gastar Exploration Inc. reported quarterly revenue of $35.9 million and net income of $5.6 million for the period ended 2014-06-30.

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14 Aug 2014director interest notice● Neutral

Gastar Exploration Inc. Chief Financial Officer & VP Michael A Gerlich bought 400 shares on the open market at $25.47.

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12 Aug 2014director interest notice● Neutral

Gastar Exploration Inc. director Jerry R Schuyler received 32,206 shares as part of the equity award.

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12 Aug 2014director interest notice● Neutral

Gastar Exploration Inc. director Stephen A Holditch received 32,206 shares as part of the equity award.

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8 Aug 2014quarterly activities report● Neutral

Gastar Exploration Inc. reported quarterly revenue of $35.9 million and net income of $5.6 million for the period ended 2014-06-30.

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7 Aug 2014quarterly activities report● Neutral

Gastar Exploration Inc. reported quarterly revenue of $35.9 million and net income of $5.6 million for the period ended 2014-06-30.

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7 Aug 2014quarterly activities report● Neutral

Gastar Exploration Inc. reported quarterly revenue of $35.9 million and net income of $5.6 million for the period ended 2014-06-30.

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23 July 2014quarterly activities report● Neutral

Gastar Exploration Inc. reported quarterly revenue of $35.9 million and net income of $5.6 million for the period ended 2014-06-30.

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14 July 2014director interest notice● Neutral

Gastar Exploration Inc. Chief Executive Officer & Pres J Russell Porter gifted 300,000 shares.

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19 June 2014director interest notice● Neutral

Gastar Exploration Inc. director John Michael Sr Selser bought 2,000 shares on the open market at $28.38.

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27 May 2014director interest notice● Neutral

Gastar Exploration Inc. Senior VP & COO Michael Mccown bought 235 shares on the open market at $27.37.

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8 May 2014quarterly activities report● Neutral

Gastar Exploration Inc. reported quarterly revenue of $32.3 million and net income of $1.6 million for the period ended 2014-03-31.

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7 May 2014quarterly activities report● Neutral

Gastar Exploration Inc. reported quarterly revenue of $32.3 million and net income of $1.6 million for the period ended 2014-03-31.

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21 Apr 2014securities registration● Neutral

Gastar Exploration Inc. filed the final prospectus for a registered offering.

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11 Apr 2014business combination● Neutral

Gastar filed Amendment No. 1 to its March S-4 for the exchange offer on up to $325 million of 8 5/8% Senior Secured Notes due 2018, adding the letter of transmittal as an annex. The exchange terms shown are the same as in the original filing and the offer is still subject to completion with no expiration date set. This continues the registration process; no new financial information is visible in the portion provided.

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8 Apr 2014production update▼ BadMajor

Gastar said its Marshall County, West Virginia (Marcellus) production has been shut in since April 5, 2014 because a Williams Partners pipeline ruptured; that production is about two-thirds of its average daily production. It hopes to restart as early as Tuesday night (April 8), and expects roughly two weeks of temporary operation, with gas re-routed by Williams and condensate trucked to sales, depending on repairs. The filing also reports April 2014 monthly dividends on the Series A ($0.179688 per share) and Series B ($0.223958 per share) preferred, payable April 30 to holders of record April 15. The filing gives no estimate of the financial impact of the outage.

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27 Mar 2014director interest notice● Neutral

Gastar Exploration Inc. director Robert David Penner had 750 shares withheld for taxes on vesting stock.

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26 Mar 2014director interest notice● Neutral

Gastar Exploration Inc. director Randolph C Coley had 938 shares withheld for taxes on vesting stock.

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26 Mar 2014director interest notice● Neutral

Gastar Exploration Inc. Chief Financial Officer & SrVP Michael A Gerlich had 9,177 shares withheld for taxes on vesting stock.

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26 Mar 2014director interest notice● Neutral

Gastar Exploration Inc. director John Michael Sr Selser had 938 shares withheld for taxes on vesting stock.

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26 Mar 2014director interest notice● Neutral

Gastar Exploration Inc. Chief Executive Officer & Pres J Russell Porter had 13,110 shares withheld for taxes on vesting stock.

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24 Mar 2014director interest notice● Neutral

Gastar Exploration Inc. director John Hamilton Cassels had 900 shares withheld for taxes on vesting stock.

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24 Mar 2014director interest notice● Neutral

Gastar Exploration Inc. director Robert David Penner had 900 shares withheld for taxes on vesting stock.

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18 Mar 2014director interest notice● Neutral

Gastar Exploration Inc. director Randolph C Coley had 1,125 shares withheld for taxes on vesting stock.

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