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Gastar Exploration Inc (GST)

GST on American Stock Exchange

1.21USD
22 May 2017
Change (% chg)

$0.12 (+11.01%)
Prev Close
$1.09
Open
$1.10
Day's High
$1.24
Day's Low
$1.10
Volume
2,411,947
Avg. Vol
1,936,034
52-wk High
$2.19
52-wk Low
$0.80

Latest Key Developments (Source: Significant Developments)

Gastar exploration announces first quarter 2017 results
Wednesday, 10 May 2017 04:20pm EDT 

May 10 (Reuters) - Gastar Exploration Inc :Gastar Exploration announces first quarter 2017 results.Q1 adjusted non-GAAP loss per share $0.06 excluding items.Q1 revenue $18.7 million versus I/B/E/S view $17.4 million.Q1 earnings per share view $-0.05 -- Thomson Reuters I/B/E/S.Q1 loss per share $0.14.Says qtrly average daily production 5,700 Boe per day, exceeding high-end of guidance by 6%.Sees Q2 net average daily production 5.7 - 6.0 MBoe/d.Sees full-year 2017 net average daily production 5.5 - 6.1 MBoe/d.  Full Article

Gastar Exploration files for mixed shelf of upto $300 mln
Thursday, 6 Apr 2017 08:53am EDT 

Gastar Exploration Inc : Gastar Exploration Inc - files for mixed shelf of upto $300 million - sec filing .Gastar Exploration Inc - one or more selling stockholders may, offer and sell up to 169.9 million shares of co's common stock covered by prospectus.  Full Article

Gastar Exploration Q4 adj non-gaap loss per share $0.06 excluding items
Thursday, 9 Mar 2017 04:32pm EST 

Gastar Exploration Inc : Gastar Exploration announces fourth quarter, full-year 2016 results and 2017 guidance . Q4 adjusted non-gaap loss per share $0.06 excluding items . Q4 revenue $18.3 million versus i/b/e/s view $17.8 million . Q4 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S . Qtrly production volumes comprised of 72% liquids, in line with mid-point guidance . Gastar Exploration Inc - qtrly average daily production was 5,900 boe per day . Gastar Exploration Inc - sees q1 net average daily production 5.2 - 5.4 mboe/d . Qtrly loss per share $0.06 .Gastar exploration inc sees fy net average daily production 5.5 - 6.1 mboe/d.  Full Article

Gastar Exploration board adopts NOL shareholder rights agreement
Friday, 27 Jan 2017 05:41pm EST 

Gastar Exploration Inc : Gastar Exploration Inc - board of directors has adopted a net operating loss (NOL) shareholder rights agreement . Further expects its cumulative net operating loss carryforwards to increase as of December 31, 2016 .Gastar Exploration Inc - as of December 31, 2015, Gastar had cumulative net operating loss carryforwards of approximately $512.0 million.  Full Article

Gastar Exploration reports current borrowing base of $85 mln
Monday, 21 Nov 2016 06:30am EST 

Gastar Exploration Inc : Gastar Exploration - November 2016 revolving credit facility borrowing base redetermination resulted in a current borrowing base of $85 million .Gastar Exploration Inc - next regularly scheduled borrowing base redetermination is to occur in May 2017.  Full Article

Gastar Exploration Q3 loss per share $0.03
Thursday, 3 Nov 2016 04:15pm EDT 

Gastar Exploration Inc : Says total company revenues were $13.0 million in q3 of 2016, a 54% decline from $28.4 million in q3 of 2015 . Q3 loss per share $0.03 . Gastar exploration announces third quarter 2016 results . Q3 adjusted loss per share $0.08 excluding items .Q3 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S.  Full Article

Gastar to improve cash position with $10.1 million litigation settlement
Wednesday, 31 Aug 2016 09:13am EDT 

Gastar Exploration Inc :To improve cash position with $10.1 million litigation settlement.  Full Article

Gastar Exploration reports Q2 loss per share $0.12 excluding items
Thursday, 4 Aug 2016 04:15pm EDT 

Gastar Exploration Inc : Q2 loss per share $0.12 excluding items . Q2 earnings per share view $-0.11 -- Thomson Reuters I/B/E/S . Gastar exploration announces second quarter 2016 results . Q2 revenue $12.2 million versus i/b/e/s view $13.9 million . Q2 loss per share $0.17 . Average daily production for q2 of 2016 was 6,400 boe/d as compared to 13,900 boe/d in q2 of 2015 . Fy net average daily 7.4 - 7.9 mboe/d . For remainder of 2016,into 2017 to evaluate opportunities to partner with operators in drilling program to develop undeveloped acreage .For remainder of 2016, gastar's capital expenditure budget is $38.1 million.  Full Article

Gastar Exploration Inc announces proposed public offering
Wednesday, 11 May 2016 04:25pm EDT 

Gastar Exploration Inc : Intends to offer, subject to market and other conditions, 40,000,000 shares of its common stock, par value $0.001 per share . Intends to use net proceeds for funding an expanded drilling program on its stack play acreage in Oklahoma .Gastar Exploration Inc. announces proposed public offering of common stock.  Full Article

Gastar Exploration Inc announces agreement to sell appalachian basin assets
Monday, 22 Feb 2016 06:00am EST 

Gastar Exploration Inc:Entered into a definitive purchase and sale agreement to sell certain Appalachian Basin assets primarily located in Marshall and Wetzel Counties, West Virginia.  Full Article

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