22 July 2005listing compliance notice▼ BadMajor
MAGNUM HUNTER RESOURCES INC deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 June 2005listing compliance notice▼ BadMajor
MAGNUM HUNTER RESOURCES INC terminated the registration of a class of securities, ending its reporting obligation for them.
9 June 2005listing compliance notice▼ BadMajor
MAGNUM HUNTER RESOURCES INC's securities were notified for removal from listing and registration on its exchange.
8 June 2005business combination▲ GoodMajor
The Cimarex merger closed on June 7, 2005 at the same 0.415-share ratio agreed in January: Magnum Hunter became a wholly-owned Cimarex subsidiary, its board and executive team were replaced entirely by Cimarex's own officers, and the combined company is headquartered in Denver -- ending Magnum Hunter's run as an independent, separately-traded company.
25 May 2005capital raising announcement● Neutral
Magnum Hunter's subsidiary Canvasback Energy converted 1 million shares of 1996 Series A Preferred Stock into about 1.9 million common shares, a routine capital-structure cleanup ahead of the pending Cimarex merger.
23 Mar 2005listing compliance notice▼ BadMajor
MAGNUM HUNTER RESOURCES INC's securities were notified for removal from listing and registration on its exchange.
28 Jan 2005material agreement▲ GoodMajor
The Cimarex deal's terms were set: Magnum Hunter shareholders will get 0.415 Cimarex shares per share, valuing the stock at about $1.5 billion (roughly $2.1 billion including Magnum Hunter's $645 million of assumed debt); Magnum Hunter also amended its shareholder-rights plan so the poison pill wouldn't block the merger.
26 Jan 2005business combination▲ GoodMajor
Magnum Hunter announced a definitive agreement to be acquired by Cimarex Energy in an all-stock merger.
12 Apr 2004listing compliance notice▼ BadMajor
MAGNUM HUNTER RESOURCES INC's securities were notified for removal from listing and registration on its exchange.
6 Nov 2002listing compliance notice▼ BadMajor
MAGNUM HUNTER RESOURCES INC's securities were notified for removal from listing and registration on its exchange.
21 June 2002listing compliance notice▲ GoodMajor
the New York Stock Exchange certified MAGNUM HUNTER RESOURCES INC's securities for listing, clearing them to begin trading.
27 Mar 2002listing compliance notice▲ GoodMajor
the American Stock Exchange certified MAGNUM HUNTER RESOURCES INC's securities for listing, clearing them to begin trading.
27 Dec 2001business combination▲ GoodMajor
Magnum Hunter agreed to merge with Prize Energy Corp in a stock-and-cash deal (about $24.00 per Prize share, roughly $1.2 billion combined enterprise value), with Magnum Hunter shareholders retaining just over half of the combined company.
16 May 2001drilling progress report▲ Good
Magnum Hunter issued 2001-2002 production and financial guidance: output growing from about 82 to 120 MMcfe/day, with projected 2001 EBITDA of $144 million and net income of $52 million.