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MILLER ENERGY RESOURCES, INC.

US:MILLUS:MILL-PCUS:MILL-PD
No current share price held for this company.

Past year: ▼ 99%(0.30c – 72.5c USD)

Market cap
—
Shares on issue
—
Story beats
55 since 2005
Last event
29 Mar 2016

Announcements, explained

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

21 Sept 2012security holder rights change▼ Bad

Settled with the investors from a March 2010 placement whose warrants carried a price-ratchet and who were owed $715,200 in penalties because Miller had missed its registration deadlines -- an old, small obligation surfacing as the company restructured its share capital.

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21 Sept 2012securities registration● Neutral

MILLER ENERGY RESOURCES, INC. filed a prospectus supplement for an offering off its existing shelf.

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19 Sept 2012securities registration● Neutral

MILLER ENERGY RESOURCES, INC. filed the final prospectus for a registered offering.

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10 Sept 2012quarterly activities report● Neutral

MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $8.3 million and net income of $2.6 million for the period ended 2012-07-31.

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10 Sept 2012quarterly activities report● Neutral

MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $8.3 million and net income of $2.6 million for the period ended 2012-07-31.

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6 Sept 2012securities registration● Neutral

MILLER ENERGY RESOURCES, INC. registered a securities offering with the SEC using its shelf eligibility.

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5 Sept 2012securities registration● Neutral

MILLER ENERGY RESOURCES, INC. amended a filing by which it filed notice of an exempt private placement.

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17 Aug 2012bylaws amendment● Neutral

Created a Series B redeemable preferred ranking ahead of the common stock, with Apollo's consent and on Apollo's conditions: dividends payable in cash only while Miller stays inside its loan covenants, and no changes to the terms without Apollo's sign-off. The equity raise Apollo had demanded was being structured as more preferred stock.

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10 Aug 2012securities registration● Neutral

MILLER ENERGY RESOURCES, INC. filed notice of an exempt private placement.

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31 July 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. director Charles M Stivers received a stock option grant for 40,000 shares.

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31 July 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. director Herman Gettelfinger received a stock option grant for 40,000 shares.

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31 July 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. director Gerald Hannahs received a stock option grant for 100,000 shares.

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31 July 2012director interest notice● Neutral

Catherine A Rector became a MILLER ENERGY RESOURCES, INC. CHIEF ACCOUNTING OFFICER and company insider (initial ownership filing).

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31 July 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. director Merrill A/ Mcpeak received a stock option grant for 40,000 shares.

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31 July 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. director Don A Turkleson received a stock option grant for 40,000 shares.

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18 July 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. COO Deloy Miller sold 2,488,531 shares.

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5 July 2012debt financing▼ BadMajor

Refinanced Guggenheim with Apollo Investment Corporation: a $100 million facility with a $55 million base, $40 million drawn at once -- at 18% a year. The rate went up, not down, and the second $15 million was conditional on Miller proving it could raise $15 million of fresh equity.

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23 May 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. SVP and General Counsel Kurt C Yost received a stock option grant for 41,650 shares.

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23 May 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. SVP and General Counsel Kurt C Yost received a stock option grant for 208,350 shares.

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23 May 2012director interest notice● Neutral

Kurt C Yost became a MILLER ENERGY RESOURCES, INC. SVP and General Counsel and company insider (initial ownership filing).

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12 Apr 2012capital raising announcement▼ BadMajor

Raised $10 million by selling 100,000 shares of a new 10% Series A redeemable preferred, plus warrants, to twenty investors. The $84,000 finder's fee went to Dimirak Securities -- a firm 49% owned by chief executive Scott Boruff, who was also a director of it.

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2 Apr 2012security holder rights change● NeutralMajor

Miller Energy amended its Tennessee charter to create 150,000 shares of a new Series A Redeemable Preferred Stock ranking ahead of the common. The board did it under authority the charter already gave it, so common shareholders had no vote on it.

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2 Apr 2012securities registration● Neutral

MILLER ENERGY RESOURCES, INC. filed notice of an exempt private placement.

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21 Mar 2012quarterly activities report▼ Bad

MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $8.4 million and a net loss of $6.5 million for the period ended 2012-01-31.

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15 Mar 2012material agreement▲ Good

Locked in an offtake contract for all of Cook Inlet Energy's crude with an independent Alaskan refiner, priced off West Texas or Alaska North Slope benchmarks less transport, with a floor of 200 and a ceiling of 24,000 barrels a day.

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12 Mar 2012quarterly activities report▼ Bad

MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $8.4 million and a net loss of $6.5 million for the period ended 2012-01-31.

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12 Mar 2012quarterly activities report▼ Bad

MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $8.4 million and a net loss of $6.5 million for the period ended 2012-01-31.

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23 Feb 2012director interest notice● Neutral

MILLER ENERGY RESOURCES, INC. director Merrill A/ Mcpeak bought 10,000 shares on the open market.

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14 Feb 2012substantial holder notice● Neutral

Seaside, William J. Ritger, Denis M. O'Donnell disclosed a new substantial MILLER ENERGY RESOURCES, INC. shareholding (6.60% of votes).

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9 Feb 2012substantial holder notice● Neutral

River Road Asset Management, LLC disclosed a new substantial MILLER ENERGY RESOURCES, INC. shareholding (7.10% of votes).

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