6 Aug 2015quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $598.4 million for the period ended 2015-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
20 July 2015listing compliance notice▼ BadMajor
Midstates again fell below the NYSE's $1.00 minimum share price and announced a 1-for-10 reverse stock split to try to cure the deficiency.
2 June 2015debt financing▼ BadMajor
Midstates issued $20 million more in 12% third-lien notes in exchange for existing unsecured notes, on top of the $504 million of third-lien notes already issued alongside its new second-lien notes, deepening its debt restructuring.
22 May 2015debt financing▼ BadMajor
Midstates raised $625 million in new 10% senior secured second-lien notes due 2020, a distressed refinancing as the oil price downturn deepened.
11 May 2015quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $193.6 million for the period ended 2015-03-31.
11 May 2015quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $193.6 million for the period ended 2015-03-31.
3 Apr 2015listing compliance notice▼ Bad
Amid the 2015 oil price downturn, the NYSE warned Midstates that its stock had traded below the $1.00 minimum price for 30 days, starting a six-month cure period.
25 Mar 2015debt financing▼ Bad
As oil prices fell in early 2015, Midstates amended its credit facility ahead of a separate planned Louisiana asset sale, holding its borrowing base at $525 million but loosening a leverage covenant.
9 Jan 2015substantial holder notice● Neutral
Point, Rubric Capital Management, LLC, Steven A. Cohen reported a Amplify Energy Corp. shareholding of 5,000,000 shares (7.10% of votes) in a periodic institutional filing.
6 Jan 2015substantial holder notice● Neutral
Point, Cubist Systematic Strategies, LLC, Steven A. Cohen reported a Amplify Energy Corp. shareholding of 5,000,000 shares (7.10% of votes) in a periodic institutional filing.
9 Dec 2014material agreement termination▼ BadMajor
Baseline Energy Resources terminated its agreement to buy Midstates' DeQuincy assets, alleging breach; Midstates disputed the claim, kept the cash-generating assets, and said it would retain Baseline's $5 million deposit.
6 Nov 2014quarterly activities report● Neutral
Amplify Energy Corp. reported a quarterly net income of $74.6 million for the period ended 2014-09-30.
4 Nov 2014quarterly activities report● Neutral
Amplify Energy Corp. reported a quarterly net income of $74.6 million for the period ended 2014-09-30.
7 Oct 2014material agreement▲ GoodMajor
Midstates agreed to sell its DeQuincy-area (Beauregard/Calcasieu Parish, Louisiana) acreage to Baseline Energy Resources for up to $90 million, mostly cash plus a capped royalty.
2 Oct 2014material agreement▲ Good
Midstates' scheduled credit-facility redetermination raised its borrowing base from $475 million to $525 million.
7 Aug 2014quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $2.1 million for the period ended 2014-06-30.
5 Aug 2014quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $2.1 million for the period ended 2014-06-30.
9 June 2014director interest notice● Neutral
Amplify Energy Corp. SVP - Exploration Gregory F Hebertson received 50,625 shares as part of the equity award.
9 June 2014director interest notice● Neutral
Amplify Energy Corp. SVP, CFO and CAO Nelson Haight received 48,216 shares as part of the equity award.
9 June 2014director interest notice● Neutral
Amplify Energy Corp. SVP - Strategic Planning Dexter A. Burleigh received 46,608 shares as part of the equity award.
9 June 2014director interest notice● Neutral
Amplify Energy Corp. VP, Gen. Counsel & Corp. Sec. Eric J Christ received 38,571 shares as part of the equity award.
21 May 2014director interest notice● Neutral
Amplify Energy Corp. SVP - Exploration Gregory F Hebertson had 8,205 shares withheld for taxes on vesting stock.
21 May 2014director interest notice● Neutral
Amplify Energy Corp. SVP - Business Development Curtis Newstrom had 2,735 shares withheld for taxes on vesting stock.
21 May 2014director interest notice● Neutral
Amplify Energy Corp. SVP - Strategic Planning Dexter A. Burleigh had 2,188 shares withheld for taxes on vesting stock.
9 May 2014quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $83.6 million for the period ended 2014-03-31.
6 May 2014asset acquisition disposition▲ GoodMajor
Midstates completed the Pine Prairie sale to Tana Exploration for about $150 million net proceeds and reported record first-quarter 2014 production and EBITDA, driven by its Mississippian Lime assets.
28 Apr 2014director interest notice● Neutral
Amplify Energy Corp. SVP - Business Development Curtis Newstrom had 2,713 shares withheld for taxes on vesting stock.
28 Apr 2014director interest notice● Neutral
Amplify Energy Corp. SVP, CFO and CAO Nelson Haight had 2,713 shares withheld for taxes on vesting stock.
9 Apr 2014substantial holder notice● Neutral
Point, S.A.C. Capital Associates, LLC, Cubist Systematic Strategies, LLC, Steven A. Cohen, S.A.C. Capital Advisors, L.P reported a Amplify Energy Corp. shareholding of 3,759,247 shares (5.30% of votes) in a periodic institutional filing.
2 Apr 2014director interest notice● Neutral
George A Demontrond became a Amplify Energy Corp. director and company insider (initial ownership filing).