29 Oct 2010quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $222.4 million and net income of $4.1 million for the period ended 2010-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 Oct 2010quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $222.4 million and net income of $4.1 million for the period ended 2010-09-30.
28 Oct 2010quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $222.4 million and net income of $4.1 million for the period ended 2010-09-30.
4 Oct 2010material agreement termination▼ Bad
Terminated its $95 million agreement to buy the East Texas Gregg/Rusk county properties announced in July after closing conditions were not met -- one of Linn's rare failed deals in this era of near-continuous dealmaking.
15 Sept 2010director interest notice● Neutral
Pressburg, LLC Executive Chairman Michael C Linn sold 39,000 shares at $30.15.
14 Sept 2010director interest notice● Neutral
Pressburg, LLC Executive Chairman Michael C Linn sold 761,000 shares.
13 Sept 2010debt financing▲ GoodMajor
Sold $1 billion of 7.75% senior notes due 2021, another large bond raise continuing to fund acquisitions and refinance the balance sheet.
29 July 2010quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $278.4 million and net income of $59.8 million for the period ended 2010-06-30.
29 July 2010quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $278.4 million and net income of $59.8 million for the period ended 2010-06-30.
22 July 2010material agreement● Neutral
Agreed to acquire East Texas oil and gas properties in Gregg and Rusk counties for $95 million -- this deal would later be terminated in October when closing conditions were not met.
2 July 2010material agreement▲ Good
Agreed to acquire Permian Basin properties for $90 million, to be funded with cash flow and revolver borrowings -- a smaller, self-funded bolt-on compared with the debt- and equity-heavy deals earlier in the year.
17 May 2010director interest notice● Neutral
Pressburg, LLC director Terrence S Jacobs bought 36,750 shares on the open market.
10 May 2010director interest notice● Neutral
Pressburg, LLC President and CEO Mark E Ellis bought 2,000 shares on the open market at $23.15.
4 May 2010director interest notice● Neutral
Pressburg, LLC director Terrence S Jacobs exercised stock options for 10,000 shares and disposed of 10,000 shares.
29 Apr 2010quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $247.0 million and net income of $65.3 million for the period ended 2010-03-31.
29 Apr 2010quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $247.0 million and net income of $65.3 million for the period ended 2010-03-31.
13 Apr 2010director interest notice● Neutral
Pressburg, LLC SVP, GC and Corp. Secty. Charlene A Ripley had 2,654 shares withheld for taxes on vesting stock.
9 Apr 2010debt financing● Neutral
Formally issued the $1.3 billion of 8.625% 2020 notes under an indenture with U.S. Bank as trustee -- the mechanical follow-through on the note sale just announced.
7 Apr 2010director interest notice● Neutral
Pressburg, LLC director George A Alcorn exercised stock options for 8,000 shares and disposed of 16,000 shares.
31 Mar 2010material agreement▲ GoodMajor
Sold $1.3 billion of 8.625% senior notes due 2020, its largest bond deal yet, funding the ongoing acquisition pipeline.
29 Mar 2010material agreement▲ GoodMajor
Agreed to acquire Permian Basin oil and gas properties for $305 million, citing about 18 million barrels of oil equivalent of proved reserves and about 120 drilling locations. A 10% cash deposit was placed, with the rest to be funded from its revolving credit facility.
24 Mar 2010securities registration● Neutral
Pressburg, LLC filed a free-writing prospectus - marketing material for an offering in progress.
24 Mar 2010securities registration● Neutral
Pressburg, LLC filed a prospectus supplement for an offering off its existing shelf.
24 Mar 2010material agreement▲ Good
Sold 15 million units at $25.00 to help fund the HighMount acquisition.
23 Mar 2010securities registration● Neutral
Pressburg, LLC filed a free-writing prospectus - marketing material for an offering in progress.
23 Mar 2010securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
22 Mar 2010material agreement▲ GoodMajor
Agreed to acquire HighMount's Antrim Shale gas properties in northern Michigan for about $330 million, to be partly funded by a public equity offering -- acquisitions were back in full swing entering 2010.
12 Feb 2010substantial holder notice● Neutral
The Baupost Group, L.L.C. and 2 others reported no remaining Pressburg, LLC shareholding in its periodic institutional filing.
10 Feb 2010director interest notice● Neutral
Pressburg, LLC SVP and COO Arden Walker Jr. had 4,468 shares withheld for taxes on vesting stock.
29 Jan 2010director interest notice● Neutral
Pressburg, LLC President and CEO Mark E Ellis received 116,364 shares as part of the equity award.