9 Feb 2018substantial holder notice● Neutral
The Vanguard Group reported a Vital Energy, Inc. shareholding of 15,454,180 shares (6.37% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Feb 2018director interest notice● Neutral
Vital Energy, Inc. director Peter Kagan acquired 2,488 shares at $9.04 under a company stock plan.
6 Feb 2018director interest notice● Neutral
Vital Energy, Inc. director Pamela S Pierce acquired 3,042 shares at $9.04 under a company stock plan.
6 Feb 2018director interest notice● Neutral
Vital Energy, Inc. director Myles W Scoggins acquired 2,488 shares at $9.04 under a company stock plan.
6 Feb 2018substantial holder notice● Neutral
SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, Kenneth L. Settles Jr reported a Vital Energy, Inc. shareholding of 39,629,061 shares (16.30% of votes) in a periodic institutional filing.
6 Feb 2018director interest notice● Neutral
Vital Energy, Inc. director Billy Zane Parker acquired 2,903 shares at $9.04 under a company stock plan.
6 Feb 2018director interest notice● Neutral
Vital Energy, Inc. director James R. Levy acquired 2,488 shares at $9.04 under a company stock plan.
6 Feb 2018director interest notice● Neutral
Vital Energy, Inc. director Donald D Wolf acquired 2,488 shares at $9.04 under a company stock plan.
24 Jan 2018quarterly activities report● Neutral
Laredo announced its year-end 2017 reserve estimates, preliminary 2017 production, its 2018 capital budget and production forecast, and scheduled its fourth-quarter earnings call.
29 Nov 2017material agreement termination▲ GoodMajor
On November 29, 2017 the company redeemed all $500,000,000 of its 7.375% Senior Notes due 2022 at 103.688% of principal plus accrued interest, and the governing indenture was discharged. This completes the redemption called on October 30 after the Medallion sale.
17 Nov 2017director interest notice● Neutral
Vital Energy, Inc. director Billy Zane Parker acquired 2,622 shares at $10.01 under a company stock plan.
17 Nov 2017director interest notice● Neutral
Vital Energy, Inc. director Peter Kagan acquired 2,247 shares at $10.01 under a company stock plan.
17 Nov 2017director interest notice● Neutral
Vital Energy, Inc. director Pamela S Pierce acquired 2,747 shares at $10.01 under a company stock plan.
17 Nov 2017director interest notice● Neutral
Vital Energy, Inc. director Donald D Wolf acquired 2,247 shares at $10.01 under a company stock plan.
17 Nov 2017director interest notice● Neutral
Vital Energy, Inc. director Myles W Scoggins acquired 2,247 shares at $10.01 under a company stock plan.
17 Nov 2017director interest notice● Neutral
Vital Energy, Inc. director James R. Levy acquired 2,247 shares at $10.01 under a company stock plan.
2 Nov 2017quarterly activities report● Neutral
Laredo's 10-Q for the quarter ended September 30, 2017 showed total revenues of $205.8 million and operating income of $60.5 million, with a $27.4 million derivatives loss.
1 Nov 2017quarterly activities report● Neutral
Laredo announced its financial and operating results for the quarter ended September 30, 2017, with a call set for November 2, 2017.
30 Oct 2017asset acquisition disposition▲ GoodMajor
The Medallion sale closed on October 30, 2017: the company's subsidiary received net cash of about $829.6 million for its 49% stake, before post-closing adjustments and taxes. The company also amended its credit agreement on October 24 to allow redeeming senior notes with sale proceeds, had its $1.0 billion borrowing base reaffirmed, and called all $500.0 million of its 7 3/8% Senior Notes due 2022 for redemption on November 29, 2017 at 103.688%. This completes the sale announced October 2 and starts the debt redemption.
16 Oct 2017quarterly activities report● Neutral
Laredo scheduled its third-quarter 2017 earnings call for November 2 and said it expected a Q3 derivatives loss of about $27.4 million, with weighted-average basic shares of about 239.3 million.
2 Oct 2017material agreement▲ GoodMajor
On October 1, 2017, the company's subsidiary Laredo Midstream Services agreed with Medallion Midstream Holdings (EMG affiliate) to sell 100% of Medallion Gathering & Processing to an affiliate of Global Infrastructure Partners for about $1.825 billion cash. The company's share, for its 49% interest, is about $894 million, with possible extra payments tied to GIP's profit at exit. Closing is expected in the fourth quarter of 2017, subject to conditions including antitrust waiting periods.
6 Sept 2017quarterly activities report● Neutral
Laredo Petroleum's CEO was scheduled to present at Barclays' CEO Energy-Power conference on September 7, 2017, and the company posted its presentation, which included revised third-quarter 2017 guidance.
18 Aug 2017director interest notice● Neutral
Vital Energy, Inc. director Billy Zane Parker acquired 2,217 shares at $11.84 under a company stock plan.
18 Aug 2017director interest notice● Neutral
Vital Energy, Inc. director Myles W Scoggins acquired 1,900 shares at $11.84 under a company stock plan.
18 Aug 2017director interest notice● Neutral
Vital Energy, Inc. director Peter Kagan acquired 1,900 shares at $11.84 under a company stock plan.
18 Aug 2017director interest notice● Neutral
Vital Energy, Inc. director Pamela S Pierce acquired 2,322 shares at $11.84 under a company stock plan.
18 Aug 2017director interest notice● Neutral
Vital Energy, Inc. director Donald D Wolf acquired 1,900 shares at $11.84 under a company stock plan.
18 Aug 2017director interest notice● Neutral
Vital Energy, Inc. director James R. Levy acquired 1,900 shares at $11.84 under a company stock plan.
18 Aug 2017director interest notice● Neutral
Vital Energy, Inc. director Edmund P Segner III acquired 1,055 shares at $11.84 under a company stock plan.
8 Aug 2017quarterly activities report● Neutral
Vital Energy (then Laredo) filed its 10-Q for the quarter ended June 30, 2017, showing revenue of $187.0 million and net income of about $61.1 million.