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Gastar Exploration Inc (GST)

GST on American Stock Exchange

0.66USD
19 Aug 2017
Change (% chg)

$-0.03 (-4.98%)
Prev Close
$0.69
Open
$0.63
Day's High
$0.70
Day's Low
$0.63
Volume
1,836,116
Avg. Vol
2,269,490
52-wk High
$2.19
52-wk Low
$0.38

Latest Key Developments (Source: Significant Developments)

Gastar Exploration Q2 adjusted loss per share $0.05
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - Gastar Exploration Inc ::Gastar exploration announces second quarter 2017 results.Q2 adjusted non-gaap loss per share $0.05 excluding items.Q2 revenue $22.6 million versus i/b/e/s view $18.8 million.Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Q2 loss per share $0.03.Gastar Exploration Inc - approved a revised 2017 capital budget of $129.2 million, an increase of $45.3 million.Sees q3 net average daily 6.3 - 6.8 mboe/d.Sees 2017 net average daily production 6.2 - 6.8 mboe/d.Gastar Exploration Inc - sec proved reserve estimates as of june 30, 2017 totaled 30.1 mmboe, an 18 pct increase over year-end 2016 proved reserves..  Full Article

Gastar Exploration Q2 loss $0.03 per share
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - Gastar Exploration Inc :Sees Q3 net average daily production 6.3 - 6.8 MBOE/D .Gastar Exploration announces second quarter 2017 results.Q2 adjusted non-GAAP loss per share $0.05 excluding items.Q2 revenue $22.6 million versus I/B/E/S view $18.8 million.Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Q2 loss per share $0.03.approved a revised 2017 capital budget of $129.2 million, an increase of $45.3 million.Sees 2017 net average daily production 6.2 - 6.8 MBOE/D.SEC proved reserve estimates as of June 30, 2017 totaled 30.1 MMBOE, an 18% increase over year-end 2016 proved reserves..  Full Article

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

BRIEF-Gastar Exploration Q2 loss $0.03 per share

* Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S