2 Apr 2019quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $4.0 million and a net loss of $15.7 million for the period ended 2019-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 Apr 2019late filing notice▼ Bad
Yuma Energy, Inc. notified the SEC that its annual report would be filed late.
11 Mar 2019director interest notice● Neutral
Anthony Charles Schnur became a Yuma Energy, Inc. Chief Restructuring Officer and company insider (initial ownership filing).
10 Jan 2019listing compliance notice▼ BadMajor
NYSE American warned Yuma that its stock had traded at a low price for a sustained period and gave it until July 2019 to fix it via a reverse split or sustained price improvement or face delisting.
9 Jan 2019substantial holder notice● Neutral
Davis Petroleum Investments, LLC, Evercore Partners II LLC reported no remaining Yuma Energy, Inc. shareholding in its periodic institutional filing.
30 Nov 2018substantial holder notice● Neutral
Davis Petroleum Investments, LLC, Evercore Partners II LLC reported a Yuma Energy, Inc. shareholding of 2,027,444 shares (8.72% of votes) in a periodic institutional filing.
14 Nov 2018quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $5.4 million and a net loss of $5.5 million for the period ended 2018-09-30.
14 Nov 2018quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $5.4 million and a net loss of $5.5 million for the period ended 2018-09-30.
12 Oct 2018debt default or forbearance▼ BadMajor
Societe Generale formally declared an Event of Default after Yuma again fell below its $4M minimum-liquidity covenant. The lenders reserved the right to accelerate the $35M outstanding balance and add a 2% default interest rate but had not yet done so.
5 Sept 2018material agreement▼ BadMajor
Yuma needed a third waiver in four months, this time covering three simultaneous covenant breaches (debt-to-EBITDAX, current ratio and interest coverage) for the quarter ended June 30, 2018 - the covenant erosion was accelerating, not stabilizing.
9 Aug 2018quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $5.8 million and a net loss of $4.0 million for the period ended 2018-06-30.
9 Aug 2018quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $5.8 million and a net loss of $4.0 million for the period ended 2018-06-30.
3 Aug 2018material agreement▼ BadMajor
Yuma breached its $4M minimum-liquidity covenant and again needed a lender waiver, this time also agreeing to weekly cash-flow forecasts and monthly payables reports to its lenders - a level of creditor oversight typical of a company under close credit-risk monitoring.
14 June 2018director interest notice● Neutral
Yuma Energy, Inc. Chief Financial Officer James J Jacobs had 2,040 shares withheld for taxes on vesting stock.
14 June 2018director interest notice● Neutral
Yuma Energy, Inc. Chief Executive Officer Sam L. Banks had 4,337 shares withheld for taxes on vesting stock.
14 June 2018director interest notice● Neutral
Yuma Energy, Inc. President and COO Paul D. Mckinney had 2,917 shares withheld for taxes on vesting stock.
11 May 2018quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $5.6 million and a net loss of $3.2 million for the period ended 2018-03-31.
11 May 2018quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $5.6 million and a net loss of $3.2 million for the period ended 2018-03-31.
11 May 2018material agreement▼ BadMajor
Yuma breached its debt-to-EBITDAX covenant for the quarter ended March 31, 2018 and needed a lender waiver to avoid default. Societe Generale granted the waiver but cut the borrowing base from $44M to $35M, required more hedging, and added monthly reporting - the first formal covenant breach in the credit facility's history.
26 Apr 2018agm notice● Neutral
Yuma Energy, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 Apr 2018quarterly activities report▼ Bad
Yuma Energy, Inc. reported quarterly revenue of $5.6 million and a net loss of $3.2 million for the period ended 2018-03-31.
9 Feb 2018director interest notice● Neutral
Yuma Energy, Inc. insider Frank Alan Lodzinski gifted 8,522 shares.
8 Feb 2018director interest notice● Neutral
Yuma Energy, Inc. Chief Executive Officer Sam L. Banks acquired 199,954 shares and disposed of 75,547 in a set of related equity transactions.
8 Feb 2018director interest notice● Neutral
Yuma Energy, Inc. Chief Financial Officer James J Jacobs acquired 157,464 shares and disposed of 61,501 in a set of related equity transactions.
8 Feb 2018director interest notice● Neutral
Yuma Energy, Inc. President and COO Paul D. Mckinney acquired 199,954 shares and disposed of 76,996 in a set of related equity transactions.
8 Feb 2018director interest notice● Neutral
Yuma Energy, Inc. insider Frank Alan Lodzinski gifted 8,522 shares.
2 Feb 2018securities registration● Neutral
Yuma Energy, Inc. filed a prospectus supplement for an offering off its existing shelf.
30 Jan 2018securities registration● Neutral
Yuma Energy, Inc. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
16 Jan 2018securities registration● Neutral
Yuma Energy, Inc. registered a securities offering with the SEC using its shelf eligibility.
16 Nov 2017auditor change● Neutral
Hein & Associates resigned as Yuma's auditor after merging into Moss Adams, which was appointed as the new auditor - an administrative change, not a disagreement.