Past year: ▼ 20%(3.12 – 6.16 USD)
Each one in plain English, with the numbers worked through for a shareholder.
12 Feb 2020substantial holder notice● Neutral
ICS Opportunities, Ltd, Millennium International Management LP, Millennium Management LLC, Millennium Group Management LLC, Israel A. Englander reported a SRC Energy Inc. shareholding of 426,569 shares (0.20% of votes) in a periodic institutional filing.
12 Feb 2020substantial holder notice● Neutral
The Vanguard Group reported a SRC Energy Inc. shareholding of 25,988,085 shares (10.66% of votes) in a periodic institutional filing.
4 Feb 2020substantial holder notice● Neutral
BlackRock, Inc reported a SRC Energy Inc. shareholding of 39,078,877 shares (16.00% of votes) in a periodic institutional filing.
29 Jan 2020listing compliance notice▼ BadMajor
SRC Energy Inc. suspended its duty to file periodic reports with the SEC.
27 Jan 2020listing compliance notice▼ BadMajor
SRC Energy Inc. terminated the registration of a class of securities, ending its reporting obligation for them.
27 Jan 2020substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP reported a SRC Energy Inc. shareholding of 531,877 shares (0.22% of votes) in a periodic institutional filing.
15 Jan 2020listing compliance notice● NeutralMajor
SRC Energy Inc.'s exchange filed to remove a class of its securities from listing.
14 Jan 2020business combination● NeutralMajor
The PDC merger closed on January 14, 2020: SRC merged into PDC and ceased to exist. Each SRC share became 0.158 of a PDC share plus cash for fractions, SRC stock stops trading on the NYSE American before the open on January 15, 2020, and PDC intends to deregister it. The credit facility was repaid and terminated, PDC took on the 6.25% notes due 2025, and all SRC directors and officers left, with Peterson and Korus joining PDC's board.
14 Jan 2020securities registration● Neutral
SRC Energy Inc. amended its automatic shelf registration statement.
14 Jan 2020securities registration● Neutral
SRC Energy Inc. amended an already-effective registration statement.
3 Jan 2020business combination● Neutral
SRC and PDC voluntarily added extra detail to the merger proxy statement ahead of the January 13, 2020 votes. It covers Colorado regulatory background, the history of talks (including PDC's proxy contest with Kimmeridge), PDC's expected G&A savings of about $40 million in 2020 plus $10 million more in 2021, and Citi's valuation work (SRC implied value $3.00 to $3.80 per share, SRC net debt about $677 million at June 30, 2019). The filing says the additions are not an admission that they were legally required, and the 0.158 exchange ratio is unchanged.
9 Dec 2019business combination● NeutralMajor
SRC and PDC sent shareholders the final joint proxy statement for the merger signed August 25, 2019, with both companies' shareholder votes set for January 13, 2020. SRC holders would receive 0.158 PDC share per SRC share, worth about $3.67 on December 6, 2019 versus about $3.99 before the August announcement, and the SRC board unanimously recommends voting for it.
6 Nov 2019quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $134.1 million and net income of $29.8 million for the period ended 2019-09-30.
10 Sept 2019substantial holder notice● Neutral
SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, Kenneth L. Settles Jr reported a SRC Energy Inc. shareholding of 11,109,698 shares (4.60% of votes) in a periodic institutional filing.
26 Aug 2019business combination● NeutralMajor
On August 25, 2019 SRC agreed to merge into PDC Energy, with each SRC share converting into 0.158 of a PDC share plus cash for fractions. Closing requires approval by both companies' shareholders, antitrust clearance and other conditions, with an outside date of February 25, 2020 (extendable to May 25, 2020 for regulatory clearance). SRC would owe PDC a $35 million fee in certain circumstances, and PDC would owe SRC $55 million in others. SRC's board unanimously recommended the deal and two SRC directors would join PDC's board; PDC's officers would run the combined company. The filing does not say the merger has closed, so the shareholders' final outcome is not yet determined.
6 Aug 2019substantial holder notice● Neutral
Millennium Management LLC, Millennium Group Management LLC, Israel A. Englander disclosed a new substantial SRC Energy Inc. shareholding (5.60% of votes).
31 July 2019quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $162.6 million and net income of $54.5 million for the period ended 2019-06-30.
31 July 2019quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $162.6 million and net income of $54.5 million for the period ended 2019-06-30.
1 May 2019quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $189.5 million and net income of $49.8 million for the period ended 2019-03-31.
1 May 2019quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $189.5 million and net income of $49.8 million for the period ended 2019-03-31.
23 Apr 2019quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $189.5 million and net income of $49.8 million for the period ended 2019-03-31.
20 Feb 2019quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $190.3 million and net income of $82.0 million for the period ended 2018-12-31.
12 Feb 2019substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP disclosed a new substantial SRC Energy Inc. shareholding (5.13% of votes).
11 Feb 2019substantial holder notice● Neutral
The Vanguard Group reported a SRC Energy Inc. shareholding of 25,150,155 shares (10.36% of votes) in a periodic institutional filing.
8 Feb 2019substantial holder notice● Neutral
SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, Kenneth L. Settles Jr reported a SRC Energy Inc. shareholding of 25,710,046 shares (10.60% of votes) in a periodic institutional filing.
8 Feb 2019quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $190.3 million and net income of $82.0 million for the period ended 2018-12-31.
31 Jan 2019substantial holder notice● Neutral
BlackRock, Inc reported a SRC Energy Inc. shareholding of 35,927,741 shares (14.80% of votes) in a periodic institutional filing.
31 Oct 2018quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $161.0 million and net income of $62.6 million for the period ended 2018-09-30.
22 Oct 2018quarterly activities report● Neutral
SRC Energy Inc. reported quarterly revenue of $161.0 million and net income of $62.6 million for the period ended 2018-09-30.
10 Sept 2018substantial holder notice● Neutral
The Vanguard Group reported a SRC Energy Inc. shareholding of 24,285,090 shares (10.01% of votes) in a periodic institutional filing.
