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MAGNUM HUNTER RESOURCES CORP

US:MHRUS:MHR-PCUS:MHR-PEUS:MHR-PD
No current share price held for this company.

Past year: ▼ 99%(1.00c – 1.87 USD)

Market cap
—
Shares on issue
—
Story beats
55 since 2009
Last event
6 May 2016

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

6 Oct 2014material agreement▲ Good

Bakken Hunter sold more non-operated North Dakota working interests, this time in Divide County, to Formation Energy affiliate LGFE-BH for about $23.1 million cash - continued shrinking of the North Dakota position acquired in the 2012 Baytex deal.

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22 Sept 2014material agreement▲ GoodMajor

Morgan Stanley Infrastructure agreed to buy out ArcLight/Ridgeline's entire preferred and common stake in Eureka Hunter Holdings and separately buy more equity directly from Magnum Hunter - swapping out the pipeline's original 2012 institutional investor for a new one and giving Magnum Hunter more capital for its midstream business.

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12 Sept 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed the final prospectus for a registered offering.

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26 Aug 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP amended an already-effective registration statement.

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22 Aug 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed the final prospectus for a registered offering.

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14 Aug 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed the final prospectus for a registered offering.

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12 Aug 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

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8 Aug 2014quarterly activities report▼ Bad

MAGNUM HUNTER RESOURCES CORP reported a quarterly net loss of $64.6 million for the period ended 2014-06-30.

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8 Aug 2014quarterly activities report▼ Bad

MAGNUM HUNTER RESOURCES CORP reported a quarterly net loss of $64.6 million for the period ended 2014-06-30.

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5 Aug 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.

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29 July 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed the final prospectus for a registered offering.

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23 July 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed the final prospectus for a registered offering.

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21 July 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP amended a filing by which it registered a securities offering with the SEC.

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26 June 2014capital raising announcement● NeutralMajor

Magnum Hunter formally launched its all-stock takeover offer for ASX-listed Ambassador Oil and Gas, offering one Magnum Hunter share for every 23.6 Ambassador shares (implying about $49.7 million total) - an unusual bet on Australian exploration acreage layered on top of an otherwise US-focused, deleveraging strategy.

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10 June 2014material agreement● Neutral

Magnum Hunter's bank lenders consented to let it pursue an all-stock takeover bid for Ambassador Oil and Gas, an Australian company, through a new unrestricted foreign subsidiary - a surprising international expansion even as the company kept selling off North American assets in Canada and North Dakota to focus its balance sheet.

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9 June 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP registered a securities offering with the SEC.

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2 June 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed notice of an exempt private placement.

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30 May 2014substantial holder notice● Neutral

Relational Investors, LLC, Relational Investors Mid-Cap Fund I, L.P, Relational Investors Mid-Cap Fund II, L.P, Relational Fund Partners, L.P, Relational Coast Partners, L.P, Relational Investors IX, L.P, Relational Investors XV, L.P, Relational Investors XVI, L.P, Relational Investors XX, L.P, Relational Investors XXIII, L.P, Relational Investors XXIV, L.P, RH Fund, Ralph V. Whitworth, David H. Batchelder disclosed a new substantial MAGNUM HUNTER RESOURCES CORP shareholding (16.11% of votes).

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30 May 2014capital raising announcement▲ GoodMajor

Magnum Hunter raised $150 million in a private placement of stock and warrants to activist investor Relational Investors, earmarked for accelerating Marcellus/Utica drilling in Ohio and West Virginia, buying more leasehold there, and paying down its revolving credit facility - a large new institutional shareholder brought in as the company doubled down on Appalachia.

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16 May 2014asset acquisition disposition● Neutral

Magnum Hunter filed the pro forma financials for the closed Williston Hunter Canada/Steppe Resources sale, bundled with an earlier, smaller sale of Alberta assets to BDJ Energy - paperwork closing out the Canadian divestiture.

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14 May 2014drilling progress report▲ Good

Magnum Hunter reported encouraging early results from its first Utica Shale well in West Virginia (Stewart Winland pad, Tyler County), with wireline logs showing hydrocarbon-bearing rock consistent with its earlier Stalder Utica discovery in Ohio - the Appalachian Utica/Marcellus push it was now funding was starting to show technical results.

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13 May 2014asset acquisition disposition▲ Good

Magnum Hunter closed the sale of Williston Hunter Canada (the former NuLoch Saskatchewan assets) to Steppe Resources for CAD $75 million cash, completing its exit from Canada three years after the NuLoch acquisition first brought it there.

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9 May 2014quarterly activities report▼ Bad

MAGNUM HUNTER RESOURCES CORP reported a quarterly net loss of $61.6 million for the period ended 2014-03-31.

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9 May 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP amended a filing by which it registered a securities offering with the SEC.

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9 May 2014quarterly activities report▼ Bad

MAGNUM HUNTER RESOURCES CORP reported a quarterly net loss of $61.6 million for the period ended 2014-03-31.

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28 Apr 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed the final prospectus for a registered offering.

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24 Apr 2014material agreement▲ Good

Magnum Hunter agreed to sell its Canadian subsidiary Williston Hunter Canada - the Tableland Field oil properties in Saskatchewan it had gained through the 2011 NuLoch acquisition - to Steppe Resources for about CAD $75 million (about US $68 million) cash, another step in exiting non-core assets to focus on its Appalachian core.

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15 Apr 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed the final prospectus for a registered offering.

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4 Apr 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP filed the final prospectus for a registered offering.

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4 Apr 2014securities registration● Neutral

MAGNUM HUNTER RESOURCES CORP amended a filing by which it filed notice of an exempt private placement.

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