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Pressburg, LLC

US:LNGG_oldUS:LINE_old
No current share price held for this company.

Past year: ▼ 75%(5.50c – 41.9c USD)

Market cap
—
Shares on issue
—
Story beats
72 since 2006
Last event
18 Dec 2019

Announcements, explained

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

26 July 2019securities registration● Neutral

Pressburg, LLC filed a prospectus supplement for a registered offering.

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26 July 2019securities registration● Neutral

Pressburg, LLC filed the final prospectus for a registered offering.

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17 July 2019securities registration● Neutral

Pressburg, LLC registered a securities offering with the SEC.

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28 June 2019capital raising announcement▼ BadMajor

Secured a $100 million term loan commitment from affiliates of its own major shareholders and, in exchange, issued them 1.5 million shares of common stock for a nominal $1,525 total -- a heavily dilutive, insider-funded rescue financing signaling real liquidity stress.

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20 June 2019material agreement▼ Bad

Amended its credit agreement again, this time temporarily loosening a current-ratio covenant and raising borrowing costs and mortgage-coverage requirements -- an early sign of financial strain at Roan Resources.

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28 May 2019securities registration● Neutral

Pressburg, LLC amended a filing by which it registered a securities offering with the SEC.

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15 May 2019quarterly activities report▼ Bad

Pressburg, LLC reported quarterly revenue of $14.9 million and a net loss of $58.1 million for the period ended 2019-03-31.

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15 May 2019quarterly activities report▼ Bad

Pressburg, LLC reported quarterly revenue of $14.9 million and a net loss of $58.1 million for the period ended 2019-03-31.

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3 May 2019securities registration● Neutral

Pressburg, LLC amended a filing by which it registered a securities offering with the SEC.

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18 Apr 2019securities registration● Neutral

Pressburg, LLC amended a filing by which it registered a securities offering with the SEC.

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13 Mar 2019material agreement● Neutral

As Roan Resources, Inc., amended its credit agreement to raise the borrowing base to $750 million and make room for up to $350 million of additional debt -- routine credit management in its new corporate form.

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14 Feb 2019substantial holder notice● Neutral

Elliott Associates, L.P, Elliott International, L.P, Elliott International Capital Advisors Inc disclosed a new substantial Pressburg, LLC shareholding (7.00% of votes).

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14 Feb 2019substantial holder notice● Neutral

Fir Tree Capital Management LP disclosed a new substantial Pressburg, LLC shareholding (9.64% of votes).

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12 Feb 2019substantial holder notice● Neutral

JVL Advisors, LLC, John V. Lovoi, Roan Holdings, LLC, Luxiver WI, LP, Navitas Fund, LP, Hephaestus Energy Fund, LP, Children's Energy Fund, LP, LVPU, LP, Asklepios Energy Fund, LP, Panakeia Energy Fund, LP, Blackbird disclosed a new substantial Pressburg, LLC shareholding (50.87% of votes).

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8 Feb 2019securities registration● Neutral

Pressburg, LLC amended a filing by which it registered a securities offering with the SEC.

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19 Nov 2018substantial holder notice● Neutral

York Capital Management Global Advisors, LLC disclosed a new substantial Pressburg, LLC shareholding (6.00% of votes).

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13 Nov 2018quarterly activities report▼ Bad

Pressburg, LLC reported quarterly revenue of $83.4 million and a net loss of $301.2 million for the period ended 2018-09-30.

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13 Nov 2018quarterly activities report▼ Bad

Pressburg, LLC reported quarterly revenue of $83.4 million and a net loss of $301.2 million for the period ended 2018-09-30.

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8 Nov 2018listing compliance notice▲ GoodMajor

the exchange certified Pressburg, LLC's securities for listing, clearing them to begin trading.

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23 Oct 2018securities registration● Neutral

Pressburg, LLC registered a securities offering with the SEC.

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24 Sept 2018asset acquisition disposition● NeutralMajor

Reorganized via merger agreements that converted Linn Energy, Inc. into Roan Resources, Inc., consolidating full ownership of the former Roan Resources joint venture under one public company and granting registration rights to its major holders -- the Linn Energy name and separate corporate identity effectively ended here.

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10 Aug 2018asset acquisition disposition● NeutralMajor

Completed the spin-off of Riviera Resources, Inc., distributing to shareholders all pre-spin assets and liabilities except the 50% stake in Roan Resources -- executing the three-way split announced in December 2017 and leaving Linn Energy, Inc. as effectively a Roan Resources holding vehicle.

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8 Aug 2018quarterly activities report▼ Bad

Pressburg, LLC reported quarterly revenue of $36.0 million and a net loss of $22.8 million for the period ended 2018-06-30.

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8 Aug 2018quarterly activities report▼ Bad

Pressburg, LLC reported quarterly revenue of $36.0 million and a net loss of $22.8 million for the period ended 2018-06-30.

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26 July 2018securities registration● Neutral

Pressburg, LLC amended its automatic shelf registration statement.

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3 May 2018quarterly activities report● Neutral

Pressburg, LLC reported quarterly revenue of $91.4 million and net income of $35.1 million for the period ended 2018-03-31.

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3 May 2018quarterly activities report● Neutral

Pressburg, LLC reported quarterly revenue of $91.4 million and net income of $35.1 million for the period ended 2018-03-31.

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21 Mar 2018securities registration● Neutral

Pressburg, LLC filed the final prospectus for a registered offering.

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16 Mar 2018securities registration● Neutral

Pressburg, LLC amended its automatic shelf registration statement.

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27 Feb 2018quarterly activities report▼ Bad

Pressburg, LLC reported quarterly revenue of $58.6 million and a net loss of $10.4 million for the period ended 2017-12-31.

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