13 Apr 2017director interest notice● Neutral
Carbon Energy Corp director Edwin H Morgens received 4,000 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 Apr 2017director interest notice● Neutral
Carbon Energy Corp director Bryan H Lawrence received 4,000 shares as part of the equity award.
13 Apr 2017director interest notice● Neutral
Carbon Energy Corp director David H Kennedy received 4,000 shares as part of the equity award.
13 Apr 2017director interest notice● Neutral
Carbon Energy Corp CHIEF EXECUTIVE OFFICER Patrick R Mcdonald received 40,000 shares as part of the equity award.
12 Apr 2017substantial holder notice● Neutral
YORKTOWN ENERGY PARTNERS XI, L.P, YORKTOWN XI COMPANY LP, YORKTOWN XI ASSOCIATES LLC reported a Carbon Energy Corp shareholding of 1,936,112 shares (26.10% of votes) in a periodic institutional filing.
5 Apr 2017director interest notice● Neutral
Carbon Energy Corp director Peter A Leidel bought 408,334 shares on the open market at $0.00.
5 Apr 2017director interest notice● Neutral
Carbon Energy Corp 10%+ owner Yorktown Xi Associates LLC bought 408,334 shares on the open market at $0.00.
5 Apr 2017director interest notice● Neutral
Carbon Energy Corp 10%+ owner Yorktown Energy Partners Xi, L.P. bought 408,334 shares on the open market at $0.00.
4 Apr 2017capital raising announcement▲ GoodMajor
Carbon repeated the California structure in Appalachia: Carbon Appalachian Company was formed with two institutional investors and $100 million of equity commitments to buy producing southern Appalachian assets. Carbon put in only $2 million for 2% but manages the venture, holds a 1% carried interest and can earn up to a further 20% once the outside investors clear their return hurdle.
4 Apr 2017material agreement▲ Good
The lenders raised the borrowing base on the LegacyTexas revolver from $17 million to $23 million at the first scheduled review, six months after the EXCO purchase.
27 Feb 2017substantial holder notice● Neutral
YORKTOWN ENERGY PARTNERS XI, L.P, YORKTOWN XI COMPANY LP, YORKTOWN XI ASSOCIATES LLC disclosed a new substantial Carbon Energy Corp shareholding (21.60% of votes).
21 Feb 2017capital raising announcement▲ GoodMajor
Carbon opened a second front in California through a new vehicle, Carbon California Company: two institutional investors put in $22 million of equity plus up to $35 million of notes, and the venture bought Ventura Basin oil and gas assets from three sellers. Carbon took 17.8% of the venture and the manager's role for no cash, was paid $500,000 for doing the deal work, and issued its backers a warrant exercisable only with units of the venture itself.
17 Feb 2017director interest notice● Neutral
Yorktown Energy Partners Xi, L.P. became a Carbon Energy Corp 10%+ owner and company insider (initial ownership filing).
17 Feb 2017director interest notice● Neutral
Yorktown Xi Associates LLC became a Carbon Energy Corp 10%+ owner and company insider (initial ownership filing).
17 Feb 2017director interest notice● Neutral
Carbon Energy Corp director Peter A Leidel bought 30,555,556 shares on the open market at $0.00.
14 Feb 2017substantial holder notice● Neutral
Arbiter Partners Capital Management LLC, Arbiter Partners QP, LP reported a Carbon Energy Corp shareholding of 13,144,667 shares (11.86% of votes) in a periodic institutional filing.
10 Feb 2017substantial holder notice● Neutral
AWM Investment Company, Inc reported a Carbon Energy Corp shareholding of 14,131,036 shares (12.80% of votes) in a periodic institutional filing.
29 Dec 2016director interest notice● Neutral
Awm Investment Company, INC. became a Carbon Energy Corp 10%+ owner and company insider (initial ownership filing).
28 Dec 2016director interest notice● Neutral
Carbon Energy Corp PRESIDENT Mark Duane Pierce had 93,984 shares withheld for taxes on vesting stock.
28 Dec 2016director interest notice● Neutral
Carbon Energy Corp CHIEF EXECUTIVE OFFICER Patrick R Mcdonald had 417,374 shares withheld for taxes on vesting stock.
28 Dec 2016director interest notice● Neutral
Carbon Energy Corp CHIEF FINANCIAL OFFICER Kevin D Struzeski had 84,427 shares withheld for taxes on vesting stock.
14 Nov 2016quarterly activities report▼ Bad
Carbon Energy Corp reported a quarterly net loss of $1.6 million for the period ended 2016-09-30.
21 Oct 2016director interest notice● Neutral
Carbon Energy Corp 10%+ owner Arbiter Partners Capital Management LLC bought 48,000 shares on the open market at $0.32.
5 Oct 2016asset acquisition disposition▲ GoodMajor
Carbon bought 2,334 producing Appalachian gas wells and more than 900 miles of gathering line from EXCO Resources and the BG Production companies for just $9 million - roughly 9,300 net thousand cubic feet a day of production at a distressed price. It funded the purchase and refinanced out of its Bank of Oklahoma facility with a new four-year, $100 million secured revolver from LegacyTexas Bank.
15 Aug 2016quarterly activities report▼ Bad
Carbon Energy Corp reported a quarterly net loss of $2.5 million for the period ended 2016-06-30.
11 Aug 2016director interest notice● Neutral
Carbon Energy Corp PRESIDENT Mark Duane Pierce received 200,000 shares as part of the equity award.
11 Aug 2016director interest notice● Neutral
Carbon Energy Corp CHIEF FINANCIAL OFFICER Kevin D Struzeski received 200,000 shares as part of the equity award.
14 July 2016director interest notice● Neutral
Awm Investment Company, INC. became a Carbon Energy Corp 10%+ owner and company insider (initial ownership filing).
23 May 2016quarterly activities report▼ Bad
Carbon Energy Corp reported a quarterly net loss of $4.9 million for the period ended 2016-03-31.
16 May 2016late filing notice▼ Bad
Carbon Energy Corp notified the SEC that its quarterly report would be filed late.