14 Feb 2008substantial holder notice● Neutral
Red Oak Associates, L.P, Red Oak Associates No, I. Jon Brumley reported a ENCORE ACQUISITION CO shareholding of 3,214,205 shares (5.99% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Feb 2008substantial holder notice● Neutral
Baron Capital Group, Inc., BAMCO, Inc., Baron Capital Management, Inc., Baron Growth Fund, Ronald Baron reported a ENCORE ACQUISITION CO shareholding of 4,258,100 shares (7.90% of votes) in a periodic institutional filing.
14 Feb 2008substantial holder notice● Neutral
Wellington Management Company, LLP reported a ENCORE ACQUISITION CO shareholding of 1,686,398 shares (3.11% of votes) in a periodic institutional filing.
13 Feb 2008director interest notice● Neutral
ENCORE ACQUISITION CO SVP, Acquisitions John W Arms had 881 shares withheld for taxes on vesting stock.
13 Feb 2008substantial holder notice● Neutral
Neuberger Berman Inc., Neuberger Berman, LLC, Neuberger Berman Management Inc., Neuberger Berman Equity Funds reported a ENCORE ACQUISITION CO shareholding of 3,019,150 shares (5.57% of votes) in a periodic institutional filing.
13 Feb 2008director interest notice● Neutral
Diane Weaver became a ENCORE ACQUISITION CO VP, Investor Relations and company insider (initial ownership filing).
13 Feb 2008director interest notice● Neutral
Andrea Hunter became a ENCORE ACQUISITION CO Controller and company insider (initial ownership filing).
13 Feb 2008substantial holder notice● Neutral
T. ROWE PRICE ASSOCIATES, INC reported a ENCORE ACQUISITION CO shareholding of 4,889,199 shares (9.00% of votes) in a periodic institutional filing.
13 Feb 2008director interest notice● Neutral
ENCORE ACQUISITION CO VP, Investor Relations Diane Weaver received 2,962 shares and a 3,802-share option grant as part of the equity award.
12 Feb 2008director interest notice● Neutral
ENCORE ACQUISITION CO SVP, Acquisitions John W Arms had 124 shares withheld for taxes on vesting stock.
12 Feb 2008director interest notice● Neutral
ENCORE ACQUISITION CO VP, Mid-Continent Region Thomas Olle had 765 shares withheld for taxes on vesting stock.
12 Feb 2008director interest notice● Neutral
ENCORE ACQUISITION CO Vice President, Land Kevin Treadway had 277 shares withheld for taxes on vesting stock.
8 Feb 2008director interest notice● Neutral
ENCORE ACQUISITION CO 10%+ owner Encore Acquisition CO bought 6,884,776 shares on the open market at $0.00.
8 Feb 2008material agreement● NeutralMajor
Encore sold Permian and Williston Basin producing properties to its own Encore Energy Partners MLP for $250.4 million ($125.4 million cash plus 6.9 million partnership units) -- a related-party 'dropdown' reviewed by the partnership's independent conflicts committee -- raising Encore's stake in the partnership's common units to about 67%.
5 Feb 2008substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. and 1 other disclosed a new substantial ENCORE ACQUISITION CO shareholding (3.01% of votes).
27 Nov 2007director interest notice● Neutral
ENCORE ACQUISITION CO VP, Mid-Continent Region Thomas Olle had 378 shares withheld for taxes on vesting stock.
27 Nov 2007director interest notice● Neutral
ENCORE ACQUISITION CO SVP, CFO and Treasurer Robert C Reeves had 378 shares withheld for taxes on vesting stock.
27 Nov 2007director interest notice● Neutral
ENCORE ACQUISITION CO SVP, Acquisitions John W Arms had 189 shares withheld for taxes on vesting stock.
27 Nov 2007director interest notice● Neutral
ENCORE ACQUISITION CO Vice President, Land Kevin Treadway had 331 shares withheld for taxes on vesting stock.
27 Nov 2007director interest notice● Neutral
ENCORE ACQUISITION CO Chairman of the Board I Jon Brumley had 4,328 shares withheld for taxes on vesting stock.
18 Oct 2007director interest notice● Neutral
ENCORE ACQUISITION CO 10%+ owner Encore Acquisition CO disposed of 22,968 shares via option/appreciation-right settlement.
27 Sept 2007director interest notice● Neutral
Encore Acquisition CO became a ENCORE ACQUISITION CO 10%+ owner and company insider (initial ownership filing).
21 Sept 2007asset acquisition disposition▲ GoodMajor
Encore spun off part of its OLLC subsidiary in an IPO of Encore Energy Partners LP, selling 9 million public units (about 37.4% of the partnership) on the NYSE; Encore retained a 61% limited-partner stake plus the 2% general-partner interest and will earn administrative fees managing the partnership.
28 Aug 2007material agreement▼ BadMajor
Encore's midstream subsidiary, Encore Energy Partners Operating LLC (OLLC), had its credit-agreement coverage covenant loosened -- the minimum EBITDA-to-interest-expense ratio cut from 2.5x to 1.5x -- a relief that points to a thinner cash-flow cushion at the subsidiary.
6 Aug 2007director interest notice● Neutral
ENCORE ACQUISITION CO President and CEO Jon S Brumley bought 1,000 shares on the open market at $27.38.
6 Aug 2007director interest notice● Neutral
ENCORE ACQUISITION CO SVP, General Counsel & Sec. Philip D Devlin bought 500 shares on the open market.
6 July 2007asset acquisition disposition▲ GoodMajor
Encore closed the $300 million Mid-Continent sale to Crow Creek Energy, completing a 2007 portfolio swap -- trading legacy Oklahoma/Anadarko-basin gas acreage for the new Big Horn and Williston Basin oil properties acquired earlier in the year.
21 May 2007director interest notice● Neutral
ENCORE ACQUISITION CO director Martin C Bowen bought 10,000 shares on the open market at $27.11.
18 May 2007material agreement● NeutralMajor
Encore agreed to sell its Mid-Continent properties to Crow Creek Energy for $300 million cash, planning to use the proceeds to pay down the revolver it had just drawn heavily to fund the Big Horn and Williston Basin purchases.
9 May 2007director interest notice● Neutral
ENCORE ACQUISITION CO director Ted A Gardner received 5,000 shares as part of the equity award.