- The Wall Street Journal•3 days ago
Nate Walton, son of famed hoopster and broadcaster Bill Walton and a private-equity partner at Ares Management, orchestrated one of the most successful shale deals in recent years, expected to net more ...
- Forbes•3 days ago
The new funding provides the small oil and gas company with the capital to pay down debt, develop its Stack properties and possibly make acquisitions. But one analyst thinks its shares are sufficiently valued given its current assets and growth profile.
- PR Newswire•4 days agoGastar Exploration Announces Capital Transaction with Funds Managed by Ares Management, Updated STACK Play Well Results, 2016 Year-end Reserves and 2017 Capital Plan
If the conversion rights of the convertible notes are not approved by Gastar's stockholders within four months, the convertible notes will not become convertible and will begin bearing interest at 15.0% as a straight high-yield debt obligation. In connection with the closing of the Ares Investment, Gastar expects to call for redemption of all of its outstanding $325 million principal of its 8.625% senior secured notes due May 15, 2018 in accordance with their terms.
GST : Summary for Gastar Exploration Inc - Yahoo Finance
Gastar Exploration Inc. (GST)
NYSE MKT - NYSE MKT Delayed Price. Currency in USD
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|Day's Range||1.94 - 2.11|
|52 Week Range||0.57 - 2.21|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-0.76|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|