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Triangle Petroleum Corp

US:TPLM
No current share price held for this company.

Past year: ▼ 53%(15.5c – 77.0c USD)

Market cap
—
Shares on issue
—
Story beats
48 since 2005
Last event
16 Jan 2018

Announcements, explained

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

16 Jan 2018securities registration● Neutral

Triangle Petroleum Corp amended an already-effective registration statement.

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16 Jan 2018listing compliance notice▼ Bad

Triangle Petroleum Corp withdrew a registration statement, abandoning the offering it covered.

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16 Jan 2018listing compliance notice▼ Bad

Triangle Petroleum Corp withdrew a registration statement, abandoning the offering it covered.

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16 Jan 2018listing compliance notice▼ BadMajor

Triangle Petroleum Corp terminated the registration of a class of securities, ending its reporting obligation for them.

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16 Jan 2018listing compliance notice▼ Bad

Triangle Petroleum Corp withdrew a registration statement, abandoning the offering it covered.

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16 Jan 2018securities registration● Neutral

Triangle Petroleum Corp amended an already-effective registration statement.

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16 Jan 2018listing compliance notice▼ Bad

Triangle Petroleum Corp withdrew a registration statement, abandoning the offering it covered.

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30 Oct 2017substantial holder notice● Neutral

NGP Triangle Holdings, LLC, NGP Natural Resources X, L.P, G.F.W. Energy X, L.P, GFW X, L.L.C, Tony Weber reported a Triangle Petroleum Corp shareholding of 3,445,365 shares (4.50% of votes) in a periodic institutional filing.

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30 Oct 2017director interest notice● Neutral

Jpmorgan Chase & CO became a Triangle Petroleum Corp 10%+ owner and company insider (initial ownership filing).

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23 Oct 2017director interest notice● Neutral

Energy X, L.P. G.F.W. became a Triangle Petroleum Corp company insider (initial ownership filing).

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23 Oct 2017director interest notice● Neutral

Triangle Petroleum Corp insider Ngp Triangle Holdings, LLC sold 160,149,378 shares at $0.00.

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3 Oct 2017director interest notice● Neutral

Triangle Petroleum Corp director Ngp Triangle Holdings, LLC received a stock option grant for 4,286,236 shares.

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24 July 2017director interest notice● Neutral

Bradley D Sharp became a Triangle Petroleum Corp Chief Restructuring Officer and company insider (initial ownership filing).

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6 July 2017director interest notice● Neutral

Triangle Petroleum Corp director Ngp Triangle Holdings, LLC received a stock option grant for 4,543,277 shares.

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5 July 2017director interest notice● Neutral

Triangle Petroleum Corp General Counsel Ryan D Mcgee exercised stock options for 32,000 shares and disposed of 42,234 shares.

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23 May 2017debt financing▼ BadMajor

NGP Triangle Holdings demanded repayment of $153,841,831.05 on its 5.0% Convertible Promissory Note (dated July 31, 2012) after a "Fundamental Change", with a May 17, 2017 repurchase date. Triangle did not pay, which is an Event of Default and makes the whole balance immediately due. The company says talks with stakeholders on a consensual restructuring have produced no definitive agreements, and it may have to reorganize through bankruptcy if it cannot restructure. This follows the March 2017 TUSA plan and delisting; the filing does not say what the "Fundamental Change" was.

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11 Apr 2017director interest notice● Neutral

Triangle Petroleum Corp President and CEO Jonathan Ryan Samuels exercised stock options for 15,000 shares and disposed of 21,987 shares.

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6 Apr 2017listing compliance notice● NeutralMajor

Triangle Petroleum Corp's exchange filed to remove a class of its securities from listing.

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4 Apr 2017director interest notice● Neutral

Douglas J Griggs became a Triangle Petroleum Corp Chief Accounting Officer and company insider (initial ownership filing).

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3 Apr 2017director interest notice● Neutral

Triangle Petroleum Corp director Ngp Triangle Holdings, LLC received a stock option grant for 1,868,146 shares.

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30 Mar 2017director interest notice● Neutral

Dominic Spencer became a Triangle Petroleum Corp Chief Operating Officer and company insider (initial ownership filing).

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28 Mar 2017listing compliance notice▼ BadMajor

On Mar 27, 2017 NYSE MKT told Triangle it is no longer suitable for listing and would begin delisting. The notice follows Triangle's Mar 24, 2017 disclosure that the Chapter 11 plan for TUSA, now called its former subsidiary, took effect. Trading was suspended Mar 27 and Triangle will not appeal. The stock is expected to move to OTC Pink, with no assurance of continued trading. The filing does not say what the plan did to Triangle's own shares.

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8 Mar 2017director interest notice● Neutral

Triangle Petroleum Corp General Counsel Ryan D Mcgee exercised stock options for 44,463 shares and disposed of 61,040 shares.

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8 Mar 2017director interest notice● Neutral

Triangle Petroleum Corp Chief Operating Officer Dominic Spencer exercised stock options for 104,950 shares and disposed of 144,076 shares.

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10 Feb 2017substantial holder notice● Neutral

Schroder Investment Management Ltd reported no remaining Triangle Petroleum Corp shareholding in its periodic institutional filing.

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7 Dec 2016quarterly activities report● Neutral

Triangle Petroleum Corp reported a quarterly net income of $29.8 million for the period ended 2016-10-31.

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8 Nov 2016director interest notice● Neutral

Triangle Petroleum Corp Chief Accounting Officer Douglas J Griggs exercised stock options for 15,000 shares and disposed of 19,798 shares.

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4 Oct 2016director interest notice● Neutral

Triangle Petroleum Corp director Ngp Triangle Holdings, LLC received a stock option grant for 1,822,304 shares.

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14 Sept 2016director interest notice● Neutral

Robert Curt Dacar became a Triangle Petroleum Corp RockPile CEO and company insider (initial ownership filing).

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12 Sept 2016asset acquisition disposition▼ BadMajor

On Sept 8, 2016 RockPile sold substantially all its assets to RockPile Newco, a White Deer Energy L.P. II subsidiary, for a $58.0 million base cash price, closing at signing. The proceeds went to RockPile's secured lenders, apart from holdbacks and a wind-down budget, and Triangle received no proceeds for its ownership. RockPile will be wound down under a liquidating trustee (Carroll Services). This ends Triangle's ownership of the oilfield services business.

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