Past year: ▼ 75%(5.50c – 41.9c USD)
Each one in plain English, with the numbers worked through for a shareholder.
10 Sept 2007substantial holder notice● Neutral
Quantum Energy Partners II, LP, Quantum Energy Management II, LP, Quantum Energy Management II, LLC reported a Pressburg, LLC shareholding of 5,524,585 shares (7.03% of votes) in a periodic institutional filing.
7 Sept 2007director interest notice● Neutral
Pressburg, LLC 10%+ owner Quantum Energy Partners II LP sold 9,240,000 shares.
5 Sept 2007asset acquisition disposition▲ GoodMajor
Closed the $2.05 billion Dominion Mid-Continent acquisition and a $1.5 billion unit placement. It entered a Third Amended and Restated Credit Agreement with a $1.8 billion initial borrowing base, and drew $1.15 billion to help fund the purchase.
23 July 2007director interest notice● Neutral
Pressburg, LLC director Terrence S Jacobs received 3,000 shares as part of the equity award.
23 July 2007director interest notice● Neutral
Pressburg, LLC director Jeffrey C Swoveland received 3,000 shares as part of the equity award.
17 July 2007director interest notice● Neutral
Pressburg, LLC EVP and CFO Kolja Rockov bought 10,000 shares on the open market at $37.39.
17 July 2007director interest notice● Neutral
Pressburg, LLC EVP and CFO Kolja Rockov bought 15,000 shares on the open market.
2 July 2007capital raising announcement▲ GoodMajor
Agreed to buy Mid-Continent oil and gas properties from Dominion Resources for $2.05 billion, far larger than its earlier deals. It was backed by a lender commitment lifting the borrowing base from $765 million to about $1.6-$1.8 billion and a $1.5 billion private unit placement.
4 June 2007capital raising announcement▲ GoodMajor
Closed a $260 million private placement of units to repay revolver debt, its second major equity raise in under a year.
3 May 2007substantial holder notice● Neutral
Lehman Brothers Holdings Inc., Lehman Brothers Inc., LB I Group Inc., Lehman Brothers MLP Partners, LP of Above Pers disclosed a new substantial Pressburg, LLC shareholding (5.20% of votes).
12 Apr 2007director interest notice● Neutral
Charlene A Ripley became a Pressburg, LLC SVP, GC & Secretary and company insider (initial ownership filing).
12 Apr 2007director interest notice● Neutral
Pressburg, LLC SVP, GC & Secretary Charlene A Ripley received 30,000 shares and a 30,000-share option grant as part of the equity award.
14 Feb 2007substantial holder notice● Neutral
MAGNETAR CAPITAL PARTNERS LP, SUPERNOVA MANAGEMENT LLC, ALEC N. LITOWITZ disclosed a new substantial Pressburg, LLC shareholding (2.89% of votes).
7 Feb 2007director interest notice● Neutral
Arden Walker Jr. became a Pressburg, LLC SVP Oper. - Chief Engineer and company insider (initial ownership filing).
7 Feb 2007director interest notice● Neutral
Pressburg, LLC SVP Oper. - Chief Engineer Arden Walker Jr. received 50,000 shares and a 50,000-share option grant as part of the equity award.
5 Feb 2007asset acquisition disposition▲ Good
Amended its credit agreement to raise the borrowing base from $480 million to $725 million on the closing of the Stallion acquisition, continuing to scale debt capacity in step with the acquisition run.
2 Feb 2007substantial holder notice● Neutral
Deutsche Bank AG*, Deutsche Bank AG, London Branch disclosed a new substantial Pressburg, LLC shareholding (5.29% of votes).
26 Jan 2007substantial holder notice● Neutral
Michael C. Linn reported a Pressburg, LLC shareholding of 4,248,425 shares (9.90% of votes) in a periodic institutional filing.
19 Jan 2007director interest notice● Neutral
Pressburg, LLC EVP & Chief Financial Officer Kolja Rockov received 140,000 shares as part of the equity award.
19 Jan 2007director interest notice● Neutral
Pressburg, LLC Chairman, CEO & President Michael C Linn received 150,000 shares as part of the equity award.
19 Jan 2007director interest notice● Neutral
Pressburg, LLC SVP - Chief Accounting Officer Lisa D Anderson received 15,000 shares as part of the equity award.
19 Jan 2007material agreement● Neutral
Unitholders approved a routine amendment capping how many long-term incentive plan units can be issued as restricted units -- administrative, not strategic.
19 Jan 2007director interest notice● Neutral
Pressburg, LLC SVP - Operations Thomas A Lopus received 15,000 shares as part of the equity award.
19 Jan 2007director interest notice● Neutral
Pressburg, LLC SVP & Secretary Roland P Keddie received 15,000 shares as part of the equity award.
20 Dec 2006director interest notice● Neutral
Pressburg, LLC EVP & Chief Operating Officer Mark E Ellis received 200,000 shares and a 50,000-share option grant as part of the equity award.
19 Dec 2006capital raising announcement▲ GoodMajor
Announced three more purchase agreements worth $454 million combined: a $415 million private Texas Panhandle producer and $39 million of Appalachian Basin gas properties, continuing the acquisition pace begun that summer.
8 Dec 2006director interest notice● Neutral
Pressburg, LLC Chief Financial Officer Kolja Rockov received a stock option grant for 85,000 shares.
8 Dec 2006director interest notice● Neutral
Pressburg, LLC SVP & Secretary Roland P Keddie received a stock option grant for 20,000 shares.
8 Dec 2006director interest notice● Neutral
Pressburg, LLC SVP - Operations Thomas A Lopus received a stock option grant for 20,000 shares.
8 Dec 2006director interest notice● Neutral
Pressburg, LLC Chairman, CEO & President Michael C Linn received a stock option grant for 125,000 shares.
