Tue, Nov 25, 2014, 11:23 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Magnum Hunter Resources Corp. Message Board

  • entertainmentinvestlng entertainmentinvestlng Apr 19, 2013 10:11 AM Flag

    writing down on assets may be inevitable.

    i'm guessing that the issue with auditor was the asset valuation. given the fact that the oil price is not as high as previous years, asset writedown will be necessary.

    the issue is that it may trigger the contigent liability on its debt covenants.

 
MHR
5.02-0.06(-1.18%)Nov 25 4:01 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.