10 July 2019securities registration● Neutral
Magnolia Oil & Gas Corp filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 July 2019securities registration● Neutral
Magnolia Oil & Gas Corp filed the final prospectus for a registered offering.
24 June 2019security holder rights change● Neutral
The amendment added the tax analysis, backed by an opinion filed as an exhibit, and it covers holders who do nothing as well as those who tender: if the warrant amendment passes, warrants left outstanding are treated as deemed exchanged for the amended ones, which can be a taxable event for a holder who never took the offer.
11 June 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director James R Larson received 10,961 shares as part of the equity award.
11 June 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director John B Walker received 10,961 shares as part of the equity award.
11 June 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director Angela M Busch received 10,961 shares as part of the equity award.
11 June 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director Arcilia Acosta received 10,961 shares as part of the equity award.
11 June 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director Edward P Djerejian received 10,961 shares as part of the equity award.
11 June 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director Dan F Smith received 10,961 shares as part of the equity award.
11 June 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director Michael G. Macdougall received 10,961 shares as part of the equity award.
7 June 2019security holder rights change● Neutral
Magnolia offered warrant holders 0.29 Class A shares for each warrant tendered, and paired it with a consent solicitation: approve an amendment to the warrant agreement and the company can force every remaining warrant into shares at 0.261 - deliberately a tenth less - leaving no warrants outstanding. Holders who sit out have no appraisal rights and face a warrant that may lose its NYSE listing once most of the class is gone.
7 June 2019security holder rights change● NeutralMajor
Launched a tender offer and consent solicitation asking public/private warrant holders to exchange each warrant for 0.29 shares of Class A stock (or 0.261 shares if holders instead approve an amendment letting the company force conversion) -- a warrant cleanup left over from the 2017 SPAC IPO.
7 June 2019agm notice● Neutral
Magnolia Oil & Gas Corp shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
7 May 2019quarterly activities report● Neutral
Magnolia Oil & Gas Corp reported quarterly revenue of $218.7 million and net income of $13.0 million for the period ended 2019-03-31.
7 May 2019asset acquisition disposition▲ GoodMajor
Agreed to acquire additional Eagle Ford Shale and Austin Chalk oil and gas assets for cash plus 3,054,662 newly issued shares -- Magnolia's first bolt-on acquisition since its 2018 SPAC merger.
6 May 2019quarterly activities report● Neutral
Magnolia Oil & Gas Corp reported quarterly revenue of $218.7 million and net income of $13.0 million for the period ended 2019-03-31.
23 Apr 2019agm notice● Neutral
Magnolia Oil & Gas Corp announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
5 Apr 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director Enervest, LTD. disposed of 2,052,476 shares via option/appreciation-right settlement.
5 Apr 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director John B Walker disposed of 2,052,476 shares via option/appreciation-right settlement.
7 Mar 2019director interest notice● Neutral
Magnolia Oil & Gas Corp director James R Larson bought 400 shares on the open market at $12.77.
7 Mar 2019director interest notice● Neutral
Magnolia Oil & Gas Corp Chairman, President & CEO Stephen I Chazen bought 25,000 shares on the open market at $12.31.
27 Feb 2019director interest notice● Neutral
Magnolia Oil & Gas Corp SVP- Operations Steve Millican received 38,634 shares and a 30,183-share option grant as part of the equity award.
27 Feb 2019securities registration● Neutral
Magnolia Oil & Gas Corp filed the final prospectus for a registered offering.
27 Feb 2019director interest notice● Neutral
Magnolia Oil & Gas Corp officer Timothy D. Yang received 68,818 shares and a 54,330-share option grant as part of the equity award.
27 Feb 2019director interest notice● Neutral
Magnolia Oil & Gas Corp VP - CAO & Controller Valerie Chase received 15,425 shares and a 9,784-share option grant as part of the equity award.
14 Feb 2019substantial holder notice● Neutral
Encompass Capital Advisors LLC, Encompass Capital Partners LLC, Todd J. Kantor reported a Magnolia Oil & Gas Corp shareholding of 4,801,112 shares (3.10% of votes) in a periodic institutional filing.
14 Feb 2019substantial holder notice● Neutral
OR Governors Lane Master Fund LP, OR Governors Lane LP, OR Governors Lane Fund General Partner, OR Isaac Corre reported no remaining Magnolia Oil & Gas Corp shareholding in its periodic institutional filing.
14 Feb 2019substantial holder notice● Neutral
Integrated Assets II LLC, ICS Opportunities II LLC, ICS Opportunities, Ltd, Cognizant Holdings, Ltd, Integrated Assets, Ltd, Millennium International Management LP, Millennium Management LLC, Millennium Group Management LLC, Israel A. Englander reported a Magnolia Oil & Gas Corp shareholding of 4,629,887 shares (3.00% of votes) in a periodic institutional filing.
13 Feb 2019substantial holder notice● Neutral
Adage Capital Partners, L.P, Adage Capital Partners GP, L.L.C, Adage Capital Advisors, L.L.C, Robert Atchinson, Phillip Gross reported a Magnolia Oil & Gas Corp shareholding of 325,331 shares (0.54% of votes) in a periodic institutional filing.
13 Feb 2019substantial holder notice● Neutral
David Bonderman, James G. Coulter reported a Magnolia Oil & Gas Corp shareholding of 13,630,642 shares (8.40% of votes) in a periodic institutional filing.