18 Nov 2011director interest notice● Neutral
QR Energy, LP director Richard K Hebert bought 5,000 shares on the open market at $20.32.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Nov 2011quarterly activities report● Neutral
QR Energy, LP reported a quarterly net income of $51.9 million for the period ended 2011-09-30.
14 Nov 2011quarterly activities report● Neutral
QR Energy, LP reported a quarterly net income of $51.9 million for the period ended 2011-09-30.
3 Nov 2011director interest notice● Neutral
QR Energy, LP Marketing Director Austin Mary Jo received 4,105 shares as part of the equity award.
3 Nov 2011director interest notice● Neutral
QR Energy, LP Human Resources Director Parsley Martha L received 3,550 shares as part of the equity award.
3 Nov 2011director interest notice● Neutral
QR Energy, LP Chief Accounting Officer Lloyd V Delano received 6,164 shares as part of the equity award.
3 Nov 2011director interest notice● Neutral
QR Energy, LP VP Business Development Castiglione Mark received 5,325 shares as part of the equity award.
6 Oct 2011asset acquisition disposition● NeutralMajor
QR Energy closed the Texas, Oklahoma and New Mexico acquisition from its Quantum fund affiliates on October 3, 2011. It assumed $227 million of debt, repaid with $234 million of credit facility borrowings (including $7 million of estimated fees), and issued 16,666,667 Class C Convertible Preferred Units paying a 4.0% coupon on $21.00 par for three years. The credit facility borrowing base was raised by $300 million to $630 million. Fund-affiliated entities now hold about 67% of the limited partner interest, and the sellers received registration rights for resales of the converted units. This completes the deal announced on September 12.
12 Sept 2011capital raising announcement● NeutralMajor
On September 12, 2011, QR Energy agreed to buy oil and gas properties in Texas, Oklahoma and New Mexico from its Quantum fund affiliates for about $234 million in cash (including $7 million of estimated fees) plus 16,666,667 new Class C Convertible Preferred Units with a $21.00 par value. The cash would come from its credit facility, with the borrowing base expected to rise by $300 million to $630 million. This is a related-party deal under the omnibus agreement, approved by the general partner's independent conflicts committee, and was expected to close around October 1, 2011.
29 Aug 2011director interest notice● Neutral
Mark Paull became a QR Energy, LP VP-Corp. Strategy & Planning and company insider (initial ownership filing).
15 Aug 2011quarterly activities report● Neutral
QR Energy, LP reported a quarterly net income of $51.9 million for the period ended 2011-09-30.
15 Aug 2011quarterly activities report● Neutral
QR Energy, LP reported a quarterly net income of $51.9 million for the period ended 2011-09-30.
2 Aug 2011director interest notice● Neutral
Lloyd V Delano became a QR Energy, LP Chief Accounting Officer and company insider (initial ownership filing).
14 July 2011director interest notice● Neutral
QR Energy, LP Chief Accounting Officer Selzer Howard K disposed of 20,116 shares via option/appreciation-right settlement.
6 July 2011director interest notice● Neutral
Powell Donald E became a QR Energy, LP director and company insider (initial ownership filing).
5 July 2011director interest notice● Neutral
QR Energy, LP director Richard K Hebert received 1,817 shares as part of the equity award.
5 July 2011director interest notice● Neutral
Richard K Hebert became a QR Energy, LP director and company insider (initial ownership filing).
6 June 2011director interest notice● Neutral
QR Energy, LP director Powell Donald E bought 2,000 shares on the open market at $21.15.
3 June 2011director interest notice● Neutral
QR Energy, LP Vice President Exploitation Michie Kenneth R disposed of 3,000 shares via option/appreciation-right settlement.
3 June 2011director interest notice● Neutral
QR Energy, LP President & Chief Op. Officer Campbell John H Jr. bought 30,000 shares on the open market at $21.69.
2 June 2011director interest notice● Neutral
QR Energy, LP Vice-Pres. & General Counsel Roden Gregory S bought 2,000 shares on the open market at $21.65.
23 May 2011quarterly activities report● Neutral
QR Energy, LP reported a quarterly net income of $15.9 million for the period ended 2011-06-30.
23 May 2011director interest notice● Neutral
QR Energy, LP Chief Accounting Officer Selzer Howard K received 16,549 shares as part of the equity award.
23 May 2011quarterly activities report● Neutral
QR Energy, LP reported a quarterly net income of $15.9 million for the period ended 2011-06-30.
13 May 2011late filing notice▼ Bad
QR Energy, LP notified the SEC that its quarterly report would be filed late.
13 Apr 2011late filing notice▼ Bad
QR Energy, LP amended its notice to the SEC that its annual report would be filed late.
31 Mar 2011late filing notice▼ Bad
QR Energy, LP notified the SEC that its annual report would be filed late.
24 Mar 2011director interest notice● Neutral
QR Energy, LP Chief Executive Officer Smith Alan L received 8,985 shares as part of the equity award.
24 Mar 2011director interest notice● Neutral
QR Energy, LP President & Chief Op. Officer Campbell John H Jr. received 8,985 shares as part of the equity award.
23 Mar 2011director interest notice● Neutral
QR Energy, LP Chief Executive Officer Smith Alan L received 8,985 shares as part of the equity award.