26 Feb 2010securities registration● Neutral
MAGNUM HUNTER RESOURCES CORP filed notice of an exempt private placement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
19 Feb 2010debt financing▲ GoodMajor
Magnum Hunter replaced its BMO credit facility with an amended and restated version, raising the borrowing base to $70 million (from $60 million core plus a shrinking $10 million tranche) to finance the just-closed Triad acquisition, maturing November 2012.
18 Feb 2010director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP director Joe L Mcclaugherty bought 16,295 shares on the open market at $2.40.
17 Feb 2010director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP director Wayne P Hall bought 12,000 shares on the open market.
16 Feb 2010substantial holder notice● Neutral
Bonanza Capital, Ltd, Bonanza Master Fund, Ltd reported a MAGNUM HUNTER RESOURCES CORP shareholding of 2,000,000 shares (3.66% of votes) in a periodic institutional filing.
16 Feb 2010asset acquisition disposition▲ GoodMajor
Magnum Hunter closed its purchase of Triad Energy's Appalachian assets - about 2,000 wells and 88,000 net acres in Kentucky, Ohio and West Virginia plus a gas pipeline and drilling rigs - for roughly $81 million, paid via bank debt, $15 million of preferred stock and $8 million cash. Triad had been in bankruptcy.
28 Jan 2010debt financing● Neutral
Magnum Hunter again amended its BMO credit facility to permit more preferred stock issuance, and disclosed that a bankruptcy court confirmed Triad Energy's reorganization plan - clearing the last hurdle before Magnum Hunter could close its purchase of Triad's assets.
6 Jan 2010material agreement● Neutral
Magnum Hunter set up an at-the-market program to sell up to $9.6 million of its 10.25% Series C preferred stock through Wm. Smith & Co., a modest financing tool alongside its bank line.
6 Jan 2010securities registration● Neutral
MAGNUM HUNTER RESOURCES CORP filed a prospectus supplement for an offering off its existing shelf.
14 Dec 2009listing compliance notice▲ GoodMajor
the New York Stock Exchange certified MAGNUM HUNTER RESOURCES CORP's securities for listing, clearing them to begin trading.
11 Dec 2009securities registration● Neutral
MAGNUM HUNTER RESOURCES CORP filed a prospectus supplement for an offering off its existing shelf.
9 Dec 2009securities registration● Neutral
MAGNUM HUNTER RESOURCES CORP filed a free-writing prospectus - marketing material for an offering in progress.
9 Dec 2009securities registration● Neutral
MAGNUM HUNTER RESOURCES CORP filed a prospectus supplement for an offering off its existing shelf.
30 Nov 2009securities registration● Neutral
MAGNUM HUNTER RESOURCES CORP filed a prospectus supplement for an offering off its existing shelf.
30 Nov 2009debt financing● Neutral
Magnum Hunter amended the new BMO credit facility to allow issuing Series B and C preferred stock and paying dividends on them, clearing the way to fund the pending Triad Energy acquisition partly in preferred shares.
27 Nov 2009debt financing▲ GoodMajor
Magnum Hunter signed a $150 million three-year secured revolving credit facility with Bank of Montreal, starting with a $25 million borrowing base, replacing its prior CIT Capital loan.
12 Nov 2009securities registration● Neutral
MAGNUM HUNTER RESOURCES CORP filed a prospectus supplement for an offering off its existing shelf.
12 Nov 2009securities registration● Neutral
MAGNUM HUNTER RESOURCES CORP filed a prospectus supplement for an offering off its existing shelf.
9 Nov 2009director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP Chairman of the Board Gary C Evans bought 104,046 shares on the open market.
9 Nov 2009director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP director Gary L Hall bought 69,360 shares on the open market.
9 Nov 2009director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP director Wayne P Hall bought 69,360 shares on the open market.
9 Nov 2009director interest notice● Neutral
Hershal C Ferguson III became a MAGNUM HUNTER RESOURCES CORP Executive V. P. Exploration and company insider (initial ownership filing).
9 Nov 2009director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP director Joe L Mcclaugherty bought 17,340 shares on the open market.
9 Nov 2009director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP director James Raleigh Bailes bought 34,680 shares on the open market.
9 Nov 2009director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP Exec VP Hershal C Ferguson III bought 17,340 shares on the open market.
9 Nov 2009director interest notice● Neutral
MAGNUM HUNTER RESOURCES CORP CFO and Exe. VP Ronald D Ormand bought 69,360 shares on the open market.