18 Nov 2014director interest notice● Neutral
Grizzly Energy, LLC director W Richard Anderson bought 631 shares on the open market at $23.79.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Nov 2014director interest notice● Neutral
Grizzly Energy, LLC director Singletary Loren bought 1,000 shares on the open market at $24.21.
7 Nov 2014director interest notice● Neutral
Grizzly Energy, LLC director Mccullough Bruce W. bought 1,000 shares on the open market.
4 Nov 2014quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $236.9 million and net income of $114.1 million for the period ended 2014-09-30.
3 Nov 2014quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $236.9 million and net income of $114.1 million for the period ended 2014-09-30.
2 Oct 2014director interest notice● Neutral
Grizzly Energy, LLC Executive VP and CFO Robert Richard A bought 3,000 shares on the open market at $26.35.
1 Oct 2014asset acquisition disposition● NeutralMajor
Vanguard closed its purchase of Piceance Basin (Colorado) natural gas, oil and liquids assets from Bill Barrett Corporation on September 30, 2014, for an adjusted $508.7 million, funded by credit facility borrowings. The assets carry about 389 billion cubic feet equivalent of proved reserves (about 77% natural gas, 79% proved developed) and produce about 67 million cubic feet equivalent per day. The press release says the borrowing base rose from $1.525 billion to $2.0 billion and liquidity was above $620 million, while the purchase adds to the debt balance.
22 Sept 2014listing compliance notice▲ GoodMajor
Nasdaq certified Grizzly Energy, LLC's securities for listing, clearing them to begin trading.
16 Sept 2014material agreement▲ GoodMajor
Agreed to a second, larger deal with Bill Barrett Corporation - $525 million for the rest of its Piceance Basin gas assets in Colorado - just as oil prices began sliding sharply that autumn.
15 Sept 2014material agreement● Neutral
Issued 4.6 million 7.75% Series C preferred units at $25 each, raising about $96.6 million to pay down debt - its third preferred series.
12 Sept 2014securities registration● Neutral
Grizzly Energy, LLC filed a prospectus supplement for an offering off its existing shelf.
11 Sept 2014securities registration● Neutral
Grizzly Energy, LLC filed a free-writing prospectus - marketing material for an offering in progress.
10 Sept 2014securities registration● Neutral
Grizzly Energy, LLC amended its automatic shelf registration statement.
10 Sept 2014securities registration● Neutral
Grizzly Energy, LLC filed the final prospectus for a registered offering.
4 Sept 2014asset acquisition disposition● Neutral
Vanguard corrected its earlier filing on the Hunt Oil North Louisiana and East Texas purchase. The buyer was Vanguard Operating, LLC, not Vanguard Permian, LLC, because an August 29, 2014 amendment assigned the purchase agreement to Vanguard Operating and set the closing date at August 29. The deal terms are unchanged: $274.7 million, funded by credit facility borrowings and unit sales under the at-the-market program. This is a housekeeping correction.
2 Sept 2014asset acquisition disposition● NeutralMajor
Vanguard closed its purchase of natural gas, oil and liquids assets in North Louisiana and East Texas from Hunt Oil Company on August 29, 2014, for an adjusted $274.7 million. It was funded by credit facility borrowings plus proceeds from selling common and preferred units under its at-the-market program, so existing unitholders were diluted somewhat. The assets carry about 150 billion cubic feet equivalent of proved reserves (about 57% proved developed) and produce about 18 million cubic feet equivalent per day. The press release says borrowings were $950 million with about $575 million undrawn on the credit facility after financing.
7 Aug 2014director interest notice● Neutral
Grizzly Energy, LLC President and CEO Scott W Smith bought 2,500 shares on the open market at $29.00.
7 Aug 2014material agreement▲ GoodMajor
Agreed to buy $278 million of natural gas, oil and NGL assets in North Louisiana and East Texas from Hunt Oil Company.
5 Aug 2014quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $236.9 million and net income of $114.1 million for the period ended 2014-09-30.
4 Aug 2014quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $236.9 million and net income of $114.1 million for the period ended 2014-09-30.
5 June 2014agm notice● Neutral
Grizzly Energy, LLC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 May 2014material agreement● NeutralMajor
Expanded its credit facility's maximum size to $3.5 billion and its borrowing base to $1.525 billion, reflecting how large the reserve base had grown through years of acquisitions - just months before oil prices began falling that fall.
1 May 2014quarterly activities report▼ Bad
Grizzly Energy, LLC reported quarterly revenue of $123.1 million and a net loss of $4.7 million for the period ended 2014-06-30.
29 Apr 2014quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $96.7 million and net income of $15.1 million for the period ended 2014-03-31.
17 Apr 2014director interest notice● Neutral
Grizzly Energy, LLC director W Richard Anderson received 4,379 shares as part of the equity award.
17 Apr 2014director interest notice● Neutral
Grizzly Energy, LLC Executive VP, Operations Pence Britt received 35,866 shares as part of the equity award.
17 Apr 2014director interest notice● Neutral
Grizzly Energy, LLC President and CEO Scott W Smith received 93,157 shares as part of the equity award.
17 Apr 2014agm notice● Neutral
Grizzly Energy, LLC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
17 Apr 2014director interest notice● Neutral
Grizzly Energy, LLC President and CEO Scott W Smith received 50,000 shares as part of the equity award.
17 Apr 2014director interest notice● Neutral
Grizzly Energy, LLC director Mccullough Bruce W. received 4,379 shares as part of the equity award.