1 July 2005securities registration● Neutral
EDGE PETROLEUM CORP amended an already-effective registration statement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 June 2005securities registration● Neutral
EDGE PETROLEUM CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
9 June 2005securities registration● Neutral
EDGE PETROLEUM CORP registered a securities offering with the SEC using its shelf eligibility.
6 Apr 2005material agreement● Neutral
Filed as a material agreement, this was really a pay round: 2004 bonuses and stock awards were set, and CFO Michael Long and COO John Tugwell were both promoted to executive vice president.
16 Mar 2005financial restatement▼ BadMajor
A spreadsheet that failed to cancel out an intercompany capital-spending accrual forced Edge to restate its September 2004 quarter and correct its full-year 2004 figures. The dollar effect was small and actually raised reported profit, but management conceded a material weakness in its own accounting controls.
14 Feb 2005substantial holder notice● Neutral
Wellington Management Company, LLP reported no remaining EDGE PETROLEUM CORP shareholding in its periodic institutional filing.
5 Jan 2005asset acquisition disposition▲ GoodMajor
Edge paid Contango Oil & Gas $43.2 million cash for 38 non-operated producing wells in Jim Hogg County, south Texas - its biggest property purchase to that point, in what became its core area.
21 Dec 2004substantial holder notice● Neutral
MARLIN CAPITAL CORP reported a EDGE PETROLEUM CORP shareholding of 950,700 shares (5.59% of votes) in a periodic institutional filing.
17 Dec 2004securities registration● Neutral
EDGE PETROLEUM CORP filed a prospectus supplement for an offering off its existing shelf.
10 Dec 2004securities registration● Neutral
EDGE PETROLEUM CORP filed a prospectus supplement for an offering off its existing shelf.
7 Dec 2004securities registration● Neutral
EDGE PETROLEUM CORP amended an already-effective registration statement.
30 June 2004auditor change▼ Bad
Edge's third auditor in three years: KPMG out, BDO Seidman in. KPMG's reports had been clean apart from routine notes on new accounting standards, but it pointedly declined to endorse Edge's account of how and when it was dismissed.
21 May 2004other● Neutral
Edge filed a $150 million universal shelf registration, letting it sell stock, preferred or debt at short notice. Management was explicit that no transaction was planned - this was about being ready, not raising money.
20 May 2004securities registration● Neutral
EDGE PETROLEUM CORP registered a securities offering with the SEC using its shelf eligibility.
8 Apr 2004substantial holder notice● Neutral
Mr. William Davidson, Guardian Industries Corp., Guardian Energy Management Corp. reported a EDGE PETROLEUM CORP shareholding of 1,090,404 shares (8.00% of votes) in a periodic institutional filing.
15 Mar 2004securities registration● Neutral
EDGE PETROLEUM CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
3 Feb 2004securities registration● Neutral
EDGE PETROLEUM CORP registered a securities offering with the SEC using its shelf eligibility.
29 Jan 2004substantial holder notice● Neutral
MR. WILLIAM DAVIDSON, GUARDIAN INDUSTRIES CORP., GUARDIAN ENERGY MANAGEMENT CORP. disclosed a new substantial EDGE PETROLEUM CORP shareholding (9.40% of votes).
8 Jan 2004substantial holder notice● Neutral
MARLIN CAPITAL CORP. TAX ID NO disclosed a new substantial EDGE PETROLEUM CORP shareholding (7.02% of votes).
8 Jan 2004substantial holder notice● Neutral
MARLIN CAPITAL CORP. TAX ID NO disclosed a new substantial EDGE PETROLEUM CORP shareholding (7.02% of votes).
11 Dec 2003asset acquisition disposition▲ GoodMajor
The Miller Exploration purchase closed on 4 December 2003, six months after it was agreed, with Miller becoming a wholly owned Edge subsidiary. Shareholders at the same meeting lifted the incentive-plan share reserve from 1.2 to 1.7 million shares.
4 Dec 2003securities registration● Neutral
EDGE PETROLEUM CORP amended an already-effective registration statement.
24 Nov 2003substantial holder notice● Neutral
MARLIN CAPITAL CORP reported a EDGE PETROLEUM CORP shareholding of 941,000 shares (9.85% of votes) in a periodic institutional filing.
31 Oct 2003securities registration● Neutral
EDGE PETROLEUM CORP filed the final prospectus for a registered offering.
3 June 2003business combination▲ GoodMajor
Edge agreed to buy Miller Exploration in an all-stock deal worth about $12.7 million, with the exchange ratio collared between $4.70 and $5.00 per Edge share. Its first purchase of another listed company.
25 Mar 2003substantial holder notice● Neutral
John W. Elias disclosed a new substantial EDGE PETROLEUM CORP shareholding (5.36% of votes).
12 Feb 2003substantial holder notice● Neutral
Wellington Management Company, LLP reported a EDGE PETROLEUM CORP shareholding of 920,000 shares (9.77% of votes) in a periodic institutional filing.
7 Feb 2003substantial holder notice● Neutral
CONNORS INVESTOR SERVICES, INC disclosed a new substantial EDGE PETROLEUM CORP shareholding (5.68% of votes).
17 Jan 2003substantial holder notice● Neutral
MARLIN CAPITAL CORP disclosed a new substantial EDGE PETROLEUM CORP shareholding (9.90% of votes).
19 July 2002auditor change● Neutral
Nine months after hiring Arthur Andersen, Edge dropped it for KPMG - the forced move every Andersen client made as that firm collapsed over Enron, not a sign of any problem at Edge.