9 May 2016quarterly activities report▼ Bad
BATTALION OIL CORP reported quarterly revenue of $81.3 million and a net loss of $540.0 million for the period ended 2016-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Mar 2016material agreement▼ BadMajor
A thirteenth amendment cut Halcón's borrowing base from $850 million to $700 million and raised the interest margins it pays on the facility - a real tightening of its credit line rather than the routine increases seen in 2013-2014.
14 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Corporate Affairs Larry L Helm had 7,259 shares withheld for taxes on vesting stock.
14 Mar 2016director interest notice● Neutral
Paul P Huffard IV became a BATTALION OIL CORP director and company insider (initial ownership filing).
14 Mar 2016director interest notice● Neutral
John Wat /adv Brown became a BATTALION OIL CORP director and company insider (initial ownership filing).
3 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Chief Operating Officer Charles E Cusack III had 8,461 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Corporate Affairs Larry L Helm had 5,591 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Chief Operating Officer Charles E Cusack III had 6,378 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP President Stephen W Herod had 9,170 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP SVP, Corporate Reserves Tina S Obut had 2,168 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
Tina S Obut became a BATTALION OIL CORP SVP, Corporate Reserves and company insider (initial ownership filing).
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP Chairman and CEO Floyd C Wilson gifted 22,000 shares.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP EVP, Corp Strategy and CLO David S Elkouri had 5,725 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP SVP, Human Resources Leah R. Kasparek had 1,906 shares withheld for taxes on vesting stock.
1 Mar 2016director interest notice● Neutral
BATTALION OIL CORP SVP, CAO and Controller Joseph S Rinando III had 2,125 shares withheld for taxes on vesting stock.
16 Feb 2016director interest notice● Neutral
BATTALION OIL CORP director Michael Andrew Vlasic gifted 38,880 shares.
5 Feb 2016substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr reported a BATTALION OIL CORP shareholding of 6,478,415 shares (1.10% of votes) in a periodic institutional filing.
22 Dec 2015debt financing▼ BadMajor
Halcón ran a second debt exchange, swapping $289.6 million of unsecured notes for $112.8 million of new 12% second-lien notes due 2022, cutting the revolver's borrowing base to about $827.4 million.
21 Dec 2015director interest notice● Neutral
BATTALION OIL CORP SVP, Corporate Reserves Tina S Obut bought 100,000 shares on the open market at $0.26.
21 Dec 2015director interest notice● Neutral
BATTALION OIL CORP director James W Christmas bought 200,000 shares on the open market at $0.26.
21 Dec 2015director interest notice● Neutral
BATTALION OIL CORP EVP, Chief Operating Officer Charles E Cusack III bought 100,000 shares on the open market at $0.26.
21 Dec 2015director interest notice● Neutral
BATTALION OIL CORP Chairman and CEO Floyd C Wilson bought 500,000 shares on the open market at $0.26.
7 Dec 2015director interest notice● Neutral
BATTALION OIL CORP SVP, Corporate Reserves Tina S Obut received 152,500 shares and a 300,079-share option grant as part of the equity award.
7 Dec 2015director interest notice● Neutral
BATTALION OIL CORP SVP, CAO and Controller Joseph S Rinando III received 152,500 shares and a 300,079-share option grant as part of the equity award.
7 Dec 2015director interest notice● Neutral
BATTALION OIL CORP SVP, Human Resources Leah R. Kasparek received 128,280 shares and a 252,419-share option grant as part of the equity award.
6 Nov 2015quarterly activities report● Neutral
BATTALION OIL CORP reported quarterly revenue of $129.9 million and net income of $147.1 million for the period ended 2015-09-30.
5 Nov 2015quarterly activities report● Neutral
BATTALION OIL CORP reported quarterly revenue of $129.9 million and net income of $147.1 million for the period ended 2015-09-30.
30 Oct 2015material agreement● Neutral
A twelfth credit-facility amendment reaffirmed the $850 million borrowing base and gave Halcón more flexibility to keep repurchasing or exchanging its unsecured notes.
15 Sept 2015debt financing▼ BadMajor
Halcón closed the debt exchange announced in August, issuing $1.02 billion of new 13% third-lien notes due 2022 to retire $1.57 billion of unsecured notes - a roughly $550 million face-value debt reduction, but one that pushed noteholders into the most senior secured position, underscoring how strained the balance sheet had become.
2 Sept 2015director interest notice● Neutral
BATTALION OIL CORP EVP, Chief Operating Officer Charles E Cusack III bought 50,000 shares on the open market at $1.05.