2 May 2016director interest notice● Neutral
TALOS PETROLEUM LLC director Peter D Kinnear acquired 2,138 shares at $2.28 under a company stock plan.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 May 2016director interest notice● Neutral
TALOS PETROLEUM LLC director George R Christmas acquired 2,138 shares and disposed of 535 in a set of related equity transactions.
2 May 2016director interest notice● Neutral
TALOS PETROLEUM LLC director Donald E Powell acquired 2,138 shares at $2.28 under a company stock plan.
2 May 2016director interest notice● Neutral
TALOS PETROLEUM LLC director Bobbie J Duplantis acquired 2,138 shares and disposed of 847 in a set of related equity transactions.
14 Apr 2016debt financing▼ BadMajor
On April 13, 2016 the banks cut Stone's borrowing base to $300 million from $500 million; with $457 million borrowed and $18.3 million of letters of credit, there is a $175.3 million shortfall, against about $360 million cash. Stone must elect within 30 days how to cure it (repay, add collateral, or pay in six monthly installments). Q1 2016 output was about 34 MBoe per day, with Cardona at about 17,400 Boe per day and the Amethyst well at about 24 MMcfe per day; Mary field stayed shut in. Stone is also talking with BOEM about financial assurances for abandonment obligations.
13 Apr 2016substantial holder notice● Neutral
Raymond T. Hyer, Kathleen A. Hyer, Tara Hyer Tira, Gardner Asphalt Corporation, Gardner-Gibson Incorporated, Sun Coatings, Inc, Hyer Family Foundation, Inc disclosed a new substantial TALOS PETROLEUM LLC shareholding (5.18% of votes).
11 Apr 2016substantial holder notice● Neutral
Putnam Investments, LLC. d/b/a/ Putnam Investments, Putnam Investment Management, LLC reported a TALOS PETROLEUM LLC shareholding of 548,048 shares (1.00% of votes) in a periodic institutional filing.
11 Mar 2016debt financing▼ BadMajor
On March 9, 2016 Stone drew $385 million on its bank credit facility, bringing borrowings to $477 million plus $19 million of letters of credit, at about 5% interest. The banks requested a borrowing base redetermination and Stone expects the base to fall below current borrowings, which would force it to repay or cure the shortfall. Stone also hired Lazard and Latham & Watkins to advise on financial, transactional and strategic alternatives, a sharp change from the 2014 position of an undrawn $500 million base.
22 Feb 2016quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $110.5 million and a net loss of $318.7 million for the period ended 2015-12-31.
16 Feb 2016substantial holder notice● Neutral
Putnam Investments, LLC. d/b/a/ Putnam Investments, Putnam Investment Management, LLC, The Putnam Advisory Company, LLC, Putnam Equity Spectrum Fund reported a TALOS PETROLEUM LLC shareholding of 6,018,240 shares (10.40% of votes) in a periodic institutional filing.
10 Feb 2016substantial holder notice● Neutral
The Vanguard Group reported a TALOS PETROLEUM LLC shareholding of 3,938,865 shares (6.89% of votes) in a periodic institutional filing.
10 Feb 2016substantial holder notice● Neutral
BlackRock, Inc reported a TALOS PETROLEUM LLC shareholding of 5,483,948 shares (9.60% of votes) in a periodic institutional filing.
16 Nov 2015securities registration● Neutral
TALOS PETROLEUM LLC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
10 Nov 2015substantial holder notice● Neutral
Putnam Investments, LLC. d/b/a/ Putnam Investments, Putnam Investment Management, LLC, The Putnam Advisory Company, LLC, Putnam Equity Spectrum Fund reported a TALOS PETROLEUM LLC shareholding of 6,015,370 shares (10.40% of votes) in a periodic institutional filing.
5 Nov 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $132.2 million and a net loss of $292.0 million for the period ended 2015-09-30.
2 Nov 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $132.2 million and a net loss of $292.0 million for the period ended 2015-09-30.
19 Oct 2015securities registration● Neutral
TALOS PETROLEUM LLC registered a securities offering with the SEC using its shelf eligibility.
19 Oct 2015securities registration● Neutral
TALOS PETROLEUM LLC amended its automatic shelf registration statement.
9 Sept 2015substantial holder notice● Neutral
BlackRock, Inc reported a TALOS PETROLEUM LLC shareholding of 5,193,873 shares (9.10% of votes) in a periodic institutional filing.
6 Aug 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $149.5 million and a net loss of $152.9 million for the period ended 2015-06-30.
5 Aug 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $149.5 million and a net loss of $152.9 million for the period ended 2015-06-30.
7 July 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $149.5 million and a net loss of $152.9 million for the period ended 2015-06-30.
7 May 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $153.5 million and a net loss of $327.4 million for the period ended 2015-03-31.
4 May 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $153.5 million and a net loss of $327.4 million for the period ended 2015-03-31.
24 Feb 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $184.8 million and a net loss of $190.5 million for the period ended 2014-12-31.
17 Feb 2015substantial holder notice● Neutral
Putnam Investments, LLC. d/b/a/ Putnam Investments, Putnam Investment Management, LLC, The Putnam Advisory Company, LLC, Putnam Equity Spectrum Fund disclosed a new substantial TALOS PETROLEUM LLC shareholding (6.60% of votes).
11 Feb 2015substantial holder notice● Neutral
The Vanguard Group reported a TALOS PETROLEUM LLC shareholding of 3,546,851 shares (6.31% of votes) in a periodic institutional filing.
3 Feb 2015substantial holder notice● Neutral
Integrated Assets II LLC, Integrated Assets, Ltd, ICS Opportunities, Ltd, Cognizant Holdings, Ltd, Millennium International Management LP, Millennium International Management GP LLC, Millennium Management LLC, Israel A. Englander reported a TALOS PETROLEUM LLC shareholding of 1,725,210 shares (3.10% of votes) in a periodic institutional filing.
20 Jan 2015quarterly activities report▼ Bad
TALOS PETROLEUM LLC reported quarterly revenue of $184.8 million and a net loss of $190.5 million for the period ended 2014-12-31.
9 Jan 2015substantial holder notice● Neutral
BlackRock, Inc reported a TALOS PETROLEUM LLC shareholding of 7,986,791 shares (14.20% of votes) in a periodic institutional filing.