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Gastar Exploration Inc (GST)

GST on American Stock Exchange

0.76USD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Gastar Exploration Announces 68 Pct Increase In Year-End 2017 Proved Reserves
Thursday, 15 Feb 2018 07:00am EST 

Feb 15 (Reuters) - Gastar Exploration Inc ::GASTAR EXPLORATION ANNOUNCES 68% INCREASE IN YEAR-END 2017 PROVED RESERVES, 2017 4TH QUARTER PRODUCTION, OPERATIONS UPDATE, 2018 CAPITAL BUDGET AND PRODUCTION GUIDANCE.GASTAR EXPLORATION INC - ‍PRELIMINARY 2017 AVERAGE DAILY Q4 2017 PRODUCTION IS EXPECTED TO BE APPROXIMATELY 6.9 MBOE/D​.GASTAR EXPLORATION INC - ‍GASTAR'S 2018 CAPITAL BUDGET IS APPROXIMATELY $115 MILLION​.GASTAR EXPLORATION INC SEES ‍Q1 NET AVERAGE DAILY PRODUCTION 4.7 MBOE - 5.0 MBOE/D​.GASTAR EXPLORATION INC SEES ‍FULL-YEAR 2018 NET AVERAGE DAILY PRODUCTION 5.0 MBOE - 6.0 MBOE/D​.GASTAR EXPLORATION INC - ‍GASTAR'S YEAR-END 2017 SECURITIES AND EXCHANGE COMMISSION PROVED RESERVES INCREASED 68% TO 42.9 MILLION BARRELS OF OIL EQUIVALENT​.  Full Article

Gastar Exploration reports third quarter 2017 results
Wednesday, 8 Nov 2017 04:15pm EST 

Nov 8 (Reuters) - Gastar Exploration Inc :Gastar Exploration reports third quarter 2017 results.Q3 adjusted non-GAAP loss per share $0.05 excluding items.Q3 revenue rose 18 percent to $15.3 million.Q3 revenue view $19.7 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S.Q3 loss per share $0.08.Gastar Exploration Inc - ‍qtrly average daily production of 6,200 barrels of oil equivalent per day​.Gastar Exploration - ‍based on current full-year capital budget of $129.2 million, Q4 capital expenditures are currently estimated not to exceed $34.7 million​.  Full Article

GASTAR EXPLORATION ‍EXPECTS TO REPORT Q3 2017 PRODUCTION IN RANGE OF 6,100-6,300 BOE/D
Wednesday, 11 Oct 2017 07:30am EDT 

Oct 11 (Reuters) - Gastar Exploration Inc ::GASTAR EXPLORATION UPDATES THIRD QUARTER AND FULL YEAR 2017 PRODUCTION GUIDANCE.GASTAR EXPLORATION INC- EXPECTS TO REPORT Q3 2017 PRODUCTION IN RANGE OF 6,100-6,300 BARRELS OF OIL EQUIVALENT PER DAY​.GASTAR EXPLORATION INC - ‍EXPECTS FULL YEAR 2017 PRODUCTION IN RANGE OF 6,000-6,400 BOE/D, DOWN FROM PRIOR DISCLOSED GUIDANCE OF 6,200-6,800 BOE/D​.  Full Article

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

BRIEF-Gastar Exploration Announces 68 Pct Increase In Year-End 2017 Proved Reserves

* GASTAR EXPLORATION ANNOUNCES 68% INCREASE IN YEAR-END 2017 PROVED RESERVES, 2017 4TH QUARTER PRODUCTION, OPERATIONS UPDATE, 2018 CAPITAL BUDGET AND PRODUCTION GUIDANCE