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United States

Gastar Exploration Inc (GST)

GST on American Stock Exchange

0.84USD
29 Sep 2016
Change (% chg)

$-0.06 (-6.23%)
Prev Close
$0.89
Open
$0.90
Day's High
$0.91
Day's Low
$0.83
Volume
1,185,369
Avg. Vol
1,217,184
52-wk High
$2.21
52-wk Low
$0.57

Latest Key Developments (Source: Significant Developments)

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

Gastar Exploration Inc. Declares Monthly Cash Dividend on 8.625% Series A Preferred Stock and 10.75% Series B Preferred Stock
Friday, 4 Dec 2015 06:30am EST 

Gastar Exploration Inc:\declared monthly cash dividends on its 8.625% Series A Preferred Stock and its 10.75% Series B Preferred Stock for December 2015.dividend on the Series A Preferred Stock is payable on December 31, 2015 to holders of record at the close of business on December 15, 2015.December 2015 dividend payment will be an annualized 8.625% per share, which is equivalent to $0.179688 per share.dividend on the Series B Preferred Stock is payable on December 31, 2015 to holders of record at the close of business on December 15, 2015.December 2015 dividend payment will be an annualized 10.75% per share, which is equivalent to $0.223958 per share.  Full Article

Gastar Exploration Inc gives Q4 2015 production guidance; updates FY 2015 production guidance
Thursday, 5 Nov 2015 04:15pm EST 

Gastar Exploration Inc:Updating our previously issued guidance for FY 2015 and providing guidance for Q4 2015.Expects FY 2015 net average daily in the range of 13.2 - 13.7 MBoe/d.Expects Q3 2015 net average daily in the range of 13.1 -- 13.6 MBoe/d.  Full Article

Gastar Exploration Inc declares monthly cash dividend on 8.625% Series A Preferred Stock and 10.75% Series B Preferred Stock
Tuesday, 3 Nov 2015 06:00am EST 

Gastar Exploration Inc:Declared monthly cash dividends on its 8.625% Series A Preferred Stock and its 10.75% Series B Preferred Stock for Nov.Dividend on the Series A Preferred Stock is payable on Nov. 30 to holders of record at the close of business on Nov. 13.Dividend on the Series B Preferred Stock is payable on Nov. 30 to holders of record at the close of business on Nov. 13.  Full Article

Gastar Exploration announces acquisition of Mid-Continent interests and marketing of appalachian basin assets
Wednesday, 14 Oct 2015 04:15pm EDT 

Gastar Exploration:Entered into a definitive purchase and sale agreement to acquire additional working and net revenue interests in 103 gross (10.2 net) producing wells and certain undeveloped acreage in the STACK and Hunton Limestone formations in its Area of Mutual Interest.Acquires from its AMI partner, Husky Ventures, Inc., and certain other parties.Deal for about $43.3 mln.After closing, the AMI joint venture with Husky will be dissolved.Says acquisition will be funded with borrowings under Gastar's revolving credit facility.Says Gastar will assume operatorship of 70 of the 103 gross wells being acquired.Primarily focused in Marshall and Wetzel Counties, West Virginia. These assets include producing wells and acreage located in the liquids-rich Marcellus Shale and high-deliverability, dry-gas Utica Shale/Point Pleasant plays.Process underway to sell Marcellus Shale and Utica Shale/Point Pleasant assets in Marshall and Wetzel Counties, WV.  Full Article

Gastar Exploration Inc declares monthly cash dividend on 8.625 pct. series A preferred stock and 10.75 pct. series B preferred stock
Thursday, 3 Sep 2015 07:00am EDT 

Gastar Exploration Inc:Declared monthly cash dividends on its 8.625 pct. Series A Preferred Stock and its 10.75 pct. Series B Preferred Stock for Sept. 2015.Says dividend on Series A Preferred Stock is payable on Sept. 30, to holders of record at the close of business on Sept. 15.Says dividend on Series B Preferred Stock is payable on Sept. 30, to holders of record at the close of business on Sept. 15.  Full Article

Gastar Exploration Inc gives Q3 2015 production guidance; raises FY 2015 production guidance
Thursday, 6 Aug 2015 04:15pm EDT 

Gastar Exploration Inc:Expects FY 2015 net average daily in the range of 13.2 - 13.7 MBoe/d.Expects Q3 2015 net average daily in the range of 13.5 - 14.0 MBoe/d.  Full Article

BRIEF-Gastar to improve cash position with $10.1 million litigation settlement

* To improve cash position with $10.1 million litigation settlement Source text for Eikon: Further company coverage:

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