30 Sept 2015director interest notice● Neutral
EQT RE, LLC director Rice Energy Holdings LLC disposed of 132,038 shares via option/appreciation-right settlement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Aug 2015substantial holder notice● Neutral
ICS Opportunities, Ltd, Cognizant Holdings, Ltd, Integrated Assets, Ltd, Millennium International Management LP, Millennium International Management GP LLC, Millennium Management LLC, Israel A. Englander disclosed a new substantial EQT RE, LLC shareholding (5.30% of votes).
7 Aug 2015quarterly activities report▼ Bad
EQT RE, LLC reported a quarterly net loss of $69.7 million for the period ended 2015-06-30.
6 Aug 2015quarterly activities report▼ Bad
EQT RE, LLC reported a quarterly net loss of $69.7 million for the period ended 2015-06-30.
21 July 2015debt financing● Neutral
On July 17, 2015 Rice Energy signed a Fifth Amendment to its Wells Fargo credit agreement that loosens the limits on how much gas it can hedge over the next five years. It also gives a limited consent for extra 2015 hedging and lets it enter secured sales contracts with its lenders, which reduces the letters of credit it must post for certain firm transportation obligations. No change to the borrowing base is stated.
18 June 2015substantial holder notice● Neutral
Alpha Natural Resources, Inc reported a EQT RE, LLC shareholding of 58,706,314 shares (43.10% of votes) in a periodic institutional filing.
18 June 2015substantial holder notice● Neutral
Rice Energy Holdings LLC, Rice Energy Irrevocable Trust*, Kathleen L. Peto, Jay D. Rosenbaum, NGP Rice Holdings LLC, NGP Natural Resources X, L.P, NGP X Parallel Holdings, L.P, G.F.W. Energy X, L.P, GFW X, L.L.C, Natural Gas Partners IX, L.P, NGP IX Offshore Holdings, L.P, G.F.W. Energy IX, L.P, G.F.W. IX, L.L.C, NGP Energy Capital Management, L.L.C reported a EQT RE, LLC shareholding of 58,706,314 shares (43.10% of votes) in a periodic institutional filing.
11 June 2015director interest notice● Neutral
EQT RE, LLC officer Robert R. Wingo had 180 shares withheld for taxes on vesting stock.
10 June 2015director interest notice● Neutral
EQT RE, LLC officer Robert R. Wingo had 203 shares withheld for taxes on vesting stock.
5 June 2015director interest notice● Neutral
EQT RE, LLC director Robert F Vagt received 11,216 shares as part of the equity award.
5 June 2015director interest notice● Neutral
EQT RE, LLC director James W Christmas received 7,627 shares as part of the equity award.
5 June 2015director interest notice● Neutral
EQT RE, LLC director John Mccartney received 7,403 shares as part of the equity award.
22 May 2015substantial holder notice● Neutral
Alpha Natural Resources, Inc reported a EQT RE, LLC shareholding of 60,213,964 shares (44.20% of votes) in a periodic institutional filing.
22 May 2015substantial holder notice● Neutral
Rice Energy Holdings LLC, Rice Energy Irrevocable Trust*, Kathleen L. Peto, Jay D. Rosenbaum, NGP Rice Holdings LLC, NGP Natural Resources X, L.P, NGP X Parallel Holdings, L.P, G.F.W. Energy X, L.P, GFW X, L.L.C, Natural Gas Partners IX, L.P, NGP IX Offshore Holdings, L.P, G.F.W. Energy IX, L.P, G.F.W. IX, L.L.C, NGP Energy Capital Management, L.L.C reported a EQT RE, LLC shareholding of 60,213,964 shares (44.20% of votes) in a periodic institutional filing.
15 May 2015material agreement● NeutralMajor
On May 12, 2015 the major holder NGP Rice Holdings LLC sold 6,000,000 Rice Energy shares to the public at $24.20 each ($23.99 net of underwriting discounts), with a 30-day option for 900,000 more; the offering closed May 15. The company received no proceeds, so this is a sale by an existing holder, not new money or new shares for the company. The filing also says the sale may trigger distribution thresholds on management incentive units in the selling stockholder, which could lead the company to record a potentially substantial non-cash compensation expense (about $42.7 million was unrecognized at March 31, 2015); the company says it will not fund these distributions and its liquidity is unaffected.
15 May 2015director interest notice● Neutral
EQT RE, LLC director Ngp Rice Holdings LLC sold 6,000,000 shares at $23.99.
14 May 2015securities registration● Neutral
EQT RE, LLC filed a prospectus supplement covering resales by selling shareholders.
12 May 2015director interest notice● Neutral
EQT RE, LLC officer Grayson T. Lisenby exercised stock options for 4,590 shares and disposed of 5,846 shares.
12 May 2015director interest notice● Neutral
EQT RE, LLC officer James Wilmot Rogers exercised stock options for 4,016 shares and disposed of 5,241 shares.
12 May 2015director interest notice● Neutral
EQT RE, LLC director Robert F Vagt exercised stock options for 10,964 shares and disposed of 10,964 shares.
12 May 2015securities registration● Neutral
EQT RE, LLC filed a prospectus supplement covering resales by selling shareholders.
12 May 2015director interest notice● Neutral
EQT RE, LLC officer Toby Z. Rice exercised stock options for 4,590 shares and disposed of 5,990 shares.
12 May 2015director interest notice● Neutral
EQT RE, LLC officer William E. Jordan exercised stock options for 4,188 shares and disposed of 5,334 shares.
12 May 2015director interest notice● Neutral
EQT RE, LLC officer Derek A. Rice exercised stock options for 4,590 shares and disposed of 5,990 shares.
12 May 2015director interest notice● Neutral
EQT RE, LLC director James W Christmas exercised stock options for 7,456 shares and disposed of 7,456 shares.
12 May 2015director interest notice● Neutral
EQT RE, LLC Chief Executive Officer Daniel J. Rice IV exercised stock options for 4,590 shares and disposed of 5,990 shares.
8 May 2015quarterly activities report● Neutral
EQT RE, LLC reported a quarterly net income of $152 thousand for the period ended 2015-03-31.
7 May 2015quarterly activities report● Neutral
EQT RE, LLC reported a quarterly net income of $152 thousand for the period ended 2015-03-31.
1 May 2015debt financing▲ Good
On April 30, 2015 Rice Energy signed a Fourth Amendment to its Wells Fargo credit agreement after lenders finished the borrowing base review, which had been postponed from April 1 because of the March 2015 notes issuance. The borrowing base rose from $550 million to $650 million and three new lenders joined; the next review is set for October 2015.
10 Apr 2015director interest notice● Neutral
Robert R. Wingo became a EQT RE, LLC officer and company insider (initial ownership filing).