2 Feb 2005director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ EVP C Howard Murrish received a stock option grant for 22,500 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 Feb 2005director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ VP & Controller - Fin. Rep C Donald Jr. Whitmire received a stock option grant for 7,500 shares.
2 Feb 2005director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ SVP and Treasurer Kathleen L Quirk received a stock option grant for 7,500 shares.
2 Feb 2005director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ President and CEO Glenn A Kleinert received a stock option grant for 22,500 shares.
2 Feb 2005director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ Co-Chairman of the Board James R Moffett received a stock option grant for 150,000 shares.
31 Jan 2005director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ insider Robert Day exercised stock options for 441 shares and disposed of 441 shares.
24 Jan 2005material agreement● Neutral
A Freeport-McMoRan subsidiary that provides services to McMoRan renewed director B. M. Rankin Jr.'s consulting agreement for 2005, on unchanged terms. This continues an existing arrangement and carries no new financial figures.
30 Dec 2004securities registration● Neutral
MCMORAN EXPLORATION CO /DE/ registered a securities offering with the SEC using its shelf eligibility.
21 Dec 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ insider B M Jr. Rankin gifted 750 shares.
2 Nov 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ Vice Chair of Board & EVP C Howard Murrish exercised stock options for 33,287 shares and disposed of 66,152 shares.
8 Oct 2004substantial holder notice● Neutral
Strong Capital Management, Inc reported a MCMORAN EXPLORATION CO /DE/ shareholding of 1,721,399 shares (10.00% of votes) in a periodic institutional filing.
7 Oct 2004capital raising announcement● NeutralMajor
McMoRan closed the private sale of $140 million of 5¼% convertible senior notes due 2011 on October 6, 2004, including $25 million from the initial purchasers' option, which completes the offering announced on October 4. The notes convert at $16.575 per share, so shareholders could be diluted on conversion. U.S. government securities are pledged for the first six interest payments, and the company must file a resale registration statement. The press release also mentions 7.1 million common shares sold, versus the 6.2 million (plus a 930,000-share option) previously reported, which is consistent with the overallotment option having been exercised (inference).
4 Oct 2004capital raising announcement● NeutralMajor
On September 30, 2004, McMoRan agreed to sell 6.2 million common shares at $12.75 each (net proceeds about $74 million, with a 930,000-share overallotment option) and $140 million of 5¼% convertible senior notes due 2011, convertible at $16.575 per share. Existing shareholders are diluted by the new shares and potentially by conversion of the notes; a portfolio of U.S. government securities will be pledged to cover the first six interest payments. Proceeds are intended for near-term drilling, the Main Pass Energy Hub project, and working capital. This is the first new debt after the 2002 debt repayments.
4 Oct 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ insider B M Jr. Rankin bought 100,000 shares on the open market at $12.75.
1 Oct 2004securities registration● Neutral
MCMORAN EXPLORATION CO /DE/ filed the final prospectus for a registered offering.
23 Sept 2004securities registration● Neutral
MCMORAN EXPLORATION CO /DE/ filed the final prospectus for a registered offering.
12 May 2004securities registration● Neutral
MCMORAN EXPLORATION CO /DE/ filed the final prospectus for a registered offering.
10 May 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ insider Morrison C Bethea received a stock option grant for 6,500 shares.
10 May 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ insider Gabrielle K Mcdonald received a stock option grant for 7,592 shares.
4 May 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ VP & Controller-Fin. Reporting C Donald Jr. Whitmire exercised stock options for 206 shares and disposed of 206 shares.
3 May 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ Vice Chair of Board & Exec. VP C Howard Murrish had 5,209 shares withheld for taxes on vesting stock.
29 Apr 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ director B M Jr. Rankin exercised stock options for 386 shares and disposed of 386 shares.
29 Apr 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ General Counsel John G Amato exercised stock options for 3,002 shares and disposed of 6,004 shares.
28 Apr 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ director Gabrielle K Mcdonald exercised stock options for 386 shares and disposed of 772 shares.
5 Apr 2004securities registration● Neutral
MCMORAN EXPLORATION CO /DE/ filed the final prospectus for a registered offering.
2 Mar 2004securities registration● Neutral
MCMORAN EXPLORATION CO /DE/ filed the final prospectus for a registered offering.
25 Feb 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ Co-Chair of Board Richard C Adkerson exercised stock options for 2,382 shares and disposed of 2,382 shares.
19 Feb 2004director interest notice● Neutral
MCMORAN EXPLORATION CO /DE/ director J Taylor Wharton exercised stock options for 386 shares and disposed of 386 shares.
17 Feb 2004substantial holder notice● Neutral
Strong Capital Management, Inc, Richard S. Strong reported a MCMORAN EXPLORATION CO /DE/ shareholding of 1,347,432 shares (8.10% of votes) in a periodic institutional filing.
13 Feb 2004substantial holder notice● Neutral
WS Capital, L.L.C., WS Capital Management, L.P., Walker Smith Capital, L.P., Walker Smith International Fund, Ltd., WSV Management, L.L.C., WS Ventures Management, L.P., WS Opportunity Fund, L.P., WS Opportunity Fund International, Ltd., Reid S. Walker, G. Stacy Smith, Patrick P. Walker reported a MCMORAN EXPLORATION CO /DE/ shareholding of 232,767 shares (1.40% of votes) in a periodic institutional filing.