10.84 0.00 (0.00%)
After hours: 4:45PM EDT
|Bid||10.20 x 800|
|Ask||10.85 x 800|
|Day's Range||10.74 - 11.02|
|52 Week Range||9.88 - 15.23|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||87.42|
|Earnings Date||Aug 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.63|
On July 10, 2019, the Company accepted all warrants validly tendered in the Exchange Offer and issued shares of its Class A common stock in exchange. As a result of the consents received in the Consent Solicitation, the Company also executed an amendment to the agreement governing its outstanding warrants (the “Warrant Agreement”).
The Exchange Offer and Consent Solicitation expired at 11:59 p.m., Eastern Daylight Time, on July 5, 2019. The Company has been advised that 31,493,089 warrants, including approximately 99.2% of the outstanding public warrants and 100% of the private warrants, were validly tendered and not validly withdrawn prior to the expiration of the Exchange Offer and Consent Solicitation. The Company expects to accept all validly tendered warrants for exchange and settlement on July 10, 2019.
Magnolia Oil & Gas Corporation (MGY) (the “Company”) announced today that its Registration Statement filed with the Securities and Exchange Commission (the “SEC”) registering shares of Class A common stock, par value $0.0001 (the “Class A common stock”), of the Company issuable as part of the Company’s previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding Warrants (as defined below), has been declared effective by the SEC. The Company advises holders of Warrants who intend and are eligible to participate in the Offer to tender their Warrants as soon as possible, in the manner described in the Prospectus/Offer to Exchange included in the Company’s Registration Statement on Form S-4 and related offering materials previously distributed to each holder.
"The end to the U.S. Government shutdown, reports of progress on China-U.S. trade talks, and the Federal Reserve’s confirmation that it did not plan further interest rate hikes in 2019 allayed investor fears and drove U.S. markets substantially higher in the first quarter of the year. Global markets followed suit pretty much across the board […]
Magnolia Oil & Gas Corporation (MGY) (the “Company”) announced today that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding Warrants (as defined below). The purpose of the Offer and Consent Solicitation is to simplify the Company’s capital structure and reduce the potential dilutive impact of the Warrants. The Offer and Consent Solicitation are being made pursuant to a Prospectus/Offer to Exchange dated June 7, 2019, and the Company’s Schedule TO, dated June 7, 2019, each of which are filed with the U.S. Securities and Exchange Commission (the “SEC”) and more fully set forth the terms and conditions of the Offer and Consent Solicitation.
Magnolia Oil & Gas Corporation today announced its financial and operational results for the first quarter of 2019.
Magnolia Oil & Gas Corporation will host a conference call and webcast to discuss first quarter 2019 results on Tuesday, May 7 at 10 a.m. Central Time (11 a.m.
HOUSTON, March 29, 2019 -- Harvest Oil & Gas Corp. (OTCQX: HRST) (“Harvest” or the “Company”) today announced results for the fourth quarter and full year of 2018 and the.
Chairman, President & CEO of Magnolia Oil & Gas Corp (NYSE:MGY) Stephen I Chazen bought 25,000 shares of MGY on 03/06/2019 at an average price of $12.31 a share.
Magnolia Oil & Gas Corporation today announced its financial and operational results for the fourth quarter of 2018.
The South Texas Drilling Permit Roundup is a weekly review of new drilling permit applications filed with the Railroad Commission of Texas for the 33-county area that encompasses the Eagle Ford Shale and surrounds Bexar County.
Harvest Oil & Gas Corp. (HRST) (“Harvest” or the “Company”) today announced that it has entered into a definitive agreement to sell all of its interests in the San Juan Basin in New Mexico and Colorado to an undisclosed buyer for $42.8 million (subject to purchase price adjustments). The transaction is expected to close in April 2019 and has an effective date of October 1, 2018. The Company plans initially to use net proceeds to reduce outstanding borrowings under its revolving credit facility. Harvest’s San Juan Basin production for the first nine months of 2018 averaged 23.7 MMcfe per day. The estimated proved reserves for the interests being divested, using fresh start accounting guidelines and SEC prices as of May 31, 2018 were 163.2 Bcfe (65% natural gas, 30% natural gas liquids and 5% crude oil) as previously detailed in the Company’s August 21, 2018 press release. UBS Investment Bank is acting as financial advisor and Kirkland & Ellis LLP is acting as legal advisor to Harvest on this transaction.
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Magnolia Oil & Gas Corporation will host a conference call and webcast to discuss fourth quarter results on Tuesday, February 26 at 10 a.m. Central Time (11 a.m.
For more than thirty years, Philip Hempleman’s Ardsley Partners has been focusing on generating attractive returns to clients, by picking the best stocks and managing portfolios designed to seek out opportunity. This Stamford, Connecticut-based, long-short equity management firm, is launched back in March 1987 by Philip Hempelman, its current Managing Partner, Chief Investment Officer, and […]
In an interview on CNBC, billionaire Leon Cooperman, a Wall Street legend and a founder of Omega Advisors, shared his perspective on the recent not so favorable market trends, one of them being a huge intraday drop of Dow Jones Industrial Average of almost 800 points. According to Cooperman, the problem lies in the management […]