23 Sept 2015securities registration● Neutral
Range Resources - Louisiana, Inc. filed a prospectus supplement for an offering off its existing shelf.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
21 Sept 2015debt financing▲ GoodMajor
MRD's lenders raised the revolving credit facility's borrowing base from $725M to $1.0B (the Fifth Amendment, Sept 18, 2015), with a possible rise to $1.05B if a separate potential acquisition closes before Dec 31, 2015. MRD also agreed, through MRD Operating LLC, to buy producing and non-producing Louisiana oil and gas properties from Rockcliff-QLS Joint Venture LLC for about $284M (effective Aug 1, 2015, expected to close in Q4 2015), to be funded initially from the credit facility and other external financing. The accompanying press release describes the acreage as about 45,807 gross (45,121 net) acres in Jackson and Lincoln Parishes, plus an option to lease up to 39,619 net acres through February 2017. This raises the April 2015 borrowing base and extends the North Louisiana expansion.
21 Sept 2015securities registration● Neutral
Range Resources - Louisiana, Inc. filed a prospectus supplement for an offering off its existing shelf.
18 Sept 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Fenley Tyler Joseph sold 7,475 shares at $19.93.
18 Sept 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Fenley Tyler Joseph sold 68,000 shares.
18 Sept 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Spillson Marcus Shane sold 50,495 shares at $19.33.
14 Sept 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Hebert William sold 5,000 shares.
10 Sept 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Cole Herbert William sold 10,000 shares at $19.95.
9 Sept 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Habachy Steve Saad sold 173,451 shares at $20.03.
31 Aug 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Cole Herbert William sold 5,000 shares at $19.43.
27 Aug 2015director interest notice● Neutral
Williams John D became a Range Resources - Louisiana, Inc. VP, Reservoir Eng & Exploit and company insider (initial ownership filing).
24 Aug 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Wyszynski Joseph sold 154,879 shares at $19.37.
19 Aug 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Cole Herbert William sold 11,000 shares at $19.64.
13 Aug 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Eckerman Steven Wayne sold 100,000 shares at $18.95.
13 Aug 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Eschete Paul Ray Jr. sold 100,000 shares at $19.33.
7 Aug 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Cole Herbert William sold 20,000 shares at $17.75.
5 Aug 2015quarterly activities report▼ Bad
Range Resources - Louisiana, Inc. reported a quarterly net loss of $135.3 million for the period ended 2015-09-30.
5 Aug 2015quarterly activities report▼ Bad
Range Resources - Louisiana, Inc. reported a quarterly net loss of $135.3 million for the period ended 2015-09-30.
8 July 2015securities registration● Neutral
Range Resources - Louisiana, Inc. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
1 July 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Wyszynski Joseph sold 105,000 shares at $18.81.
29 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Wyszynski Joseph sold 245,000 shares.
22 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. SVP, Corporate Development Robbins Gregory M had 6,997 shares withheld for taxes on vesting stock.
22 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. SVP & General Counsel Roane Kyle N had 7,128 shares withheld for taxes on vesting stock.
22 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. Senior Vice President and COO Forney Larry R had 9,465 shares withheld for taxes on vesting stock.
22 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. VP & Chief Accounting Officer Venghaus Dennis G had 3,073 shares withheld for taxes on vesting stock.
22 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. President Scarff William J had 11,305 shares withheld for taxes on vesting stock.
18 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Habachy Steve Saad sold 400 shares at $20.52.
17 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Spillson Marcus Shane sold 10,000 shares at $20.07.
12 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Habachy Steve Saad sold 15,903 shares at $20.04.
10 June 2015director interest notice● Neutral
Range Resources - Louisiana, Inc. insider Spillson Marcus Shane sold 10,000 shares at $19.91.