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United States

Resolute Energy Corp (REN.N)

REN.N on New York Stock Exchange

30.68USD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Cimarex Energy - Acquired Assets From Resolute Energy Are Self-Funding In 2019
Monday, 19 Nov 2018 06:56am EST 

Nov 19 (Reuters) - Cimarex Energy Co ::CIMAREX ENERGY - ACQUIRED ASSETS FROM RESOLUTE ENERGY ARE SELF-FUNDING IN 2019 - SEC FILING.  Full Article

Cimarex To Acquire Delaware Pure-Play Resolute For $1.6 Billion
Monday, 19 Nov 2018 06:30am EST 

Nov 19 (Reuters) - Cimarex Energy Co ::CIMAREX TO ACQUIRE DELAWARE PURE-PLAY RESOLUTE FOR $1.6 BILLION.CIMAREX ENERGY CO - EXPECTED TO BE ACCRETIVE TO EPS AND NON-GAAP CFPS IN 2019.CIMAREX ENERGY CO - TRANSACTION WAS UNANIMOUSLY APPROVED BY BOTH COMPANIES' BOARDS OF DIRECTORS..CIMAREX ENERGY CO - DEAL FOR $35.00 PER SHARE.CIMAREX ENERGY CO - EXPECTS COMBINED COMPANIES TO GENERATE FREE CASH FLOW IN 2020.CIMAREX ENERGY CO - UPON CLOSING, BOARD OF DIRECTORS AND EXECUTIVE TEAM OF CIMAREX WILL REMAIN UNCHANGED.CIMAREX ENERGY CO - DEAL FOR COMBINATION OF $14 PER SHARE IN CASH AND 0.2366 SHARE OF COMMON STOCK.CIMAREX ENERGY CO - RESULTING CAPITAL STRUCTURE IS EXPECTED TO HAVE NO IMPACT ON CO'S INVESTMENT GRADE CREDIT RATING.CIMAREX ENERGY - CASH PORTION OF DEAL IS EXPECTED TO BE FUNDED WITH CASH & BORROWINGS UNDER CO'S REVOLVING CREDIT FACILITY.CIMAREX ENERGY - SHAREHOLDERS WILL OWN ABOUT 94.4% OF COMBINED CO, & RESOLUTE SHAREHOLDERS WILL OWN ABOUT 5.6%.CIMAREX ENERGY CO - DEAL FOR TOTAL PURCHASE PRICE OF APPROXIMATELY $1.6 BILLION, INCLUDING RESOLUTE'S LONG TERM DEBT OF $710 MILLION, AS OF SEPTEMBER 30, 2018.  Full Article

Resolute Energy Corp Quarterly Revenue $106.7 Mln
Monday, 5 Nov 2018 04:15pm EST 

Nov 5 (Reuters) - Resolute Energy Corp ::ORATION ANNOUNCES OPERATING AND FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2018.QUARTERLY REVENUE $106.7 MILLION.Q3 2018 OIL PRODUCTION AVERAGED 15,738 BARRELS OF OIL PER DAY.EXPECT TOTAL 2018 CAPITAL OUTLAYS TO BE WITHIN PREVIOUSLY ANNOUNCED GUIDANCE.REAFFIRMING FULL YEAR 2018 GUIDANCE ANNOUNCED ON OCTOBER 11.  Full Article

VR Global Partners Reports 4.5 Pct Stake In Resolute Energy
Thursday, 1 Nov 2018 05:09pm EDT 

Nov 1 (Reuters) - VR Global Partners::VR GLOBAL PARTNERS- CONCLUDED LETTER BY CALLING ON RESOLUTE ENERGY'S BOARD TO IMMEDIATELY LAUNCH SALE/MERGER RESOLUTE ENERGY IN NEAREST FUTURE.VR GLOBAL PARTNERS SAYS IF RESOLUTE ENERGY BOARD FAIL TO "ENDORSE PROPOSED APPROACH", WILL CONSIDER TO INSTALL INDEPENDENT BOARD MEMBERS.VR GLOBAL PARTNERS, L.P. REPORTS 4.5 PERCENT STAKE IN RESOLUTE ENERGY CORP AS OF OCTOBER 22, 2018.VR GLOBAL PARTNERS PREVIOUSLY REPORTED 5.2 PERCENT STAKE IN RESOLUTE ENERGY AS OF FEB 5, 2018 - SEC FILING.  Full Article

Resolute Energy Entered Fourth Amendment To Credit Agreement
Monday, 17 Sep 2018 07:36am EDT 

Sept 17 (Reuters) - Resolute Energy Corp ::RESOLUTE ENERGY - EFFECTIVE ON SEPTEMBER 14, 2018, CO ENTERED INTO FOURTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.RESOLUTE ENERGY - FOURTH AMENDMENT ADJUSTED BORROWING BASE FROM $210 MILLION TO $310 MILLION.RESOLUTE ENERGY- AMENDMENT ALSO MADE CERTAIN ADMINISTRATIVE AMENDMENTS TO ACCOMMODATE FUTURE REFINANCING OF EXISTING 8.5% SENIOR NOTES DUE 2020.  Full Article

Resolute Energy Announces Intention To Declassify Board
Tuesday, 15 May 2018 06:04pm EDT 

May 15 (Reuters) - Resolute Energy Corp ::RESOLUTE ENERGY CORPORATION APPOINTS THREE NEW DIRECTORS AND ANNOUNCES INTENTION TO DECLASSIFY ITS BOARD.RESOLUTE ENERGY CORP - ANNOUNCES SETTLEMENT AGREEMENT WITH MONARCH ALTERNATIVE CAPITAL LP.RESOLUTE ENERGY - UNDER TERMS OF SETTLEMENT AGREEMENT, MONARCH WILL WITHDRAW ITS NOMINATIONS FOR DIRECTORS AT 2018 ANNUAL MEETING.RESOLUTE ENERGY - PER SETTLEMENT AGREEMENT MONARCH TO ALSO VOTE ITS SHARES IN FAVOR OF ALL OF BOARD'S NOMINEES AT ANNUAL MEETING.  Full Article

Resolute Energy Corp Reports Qtrly Adjusted Net Income $0.14 Per Diluted Share
Monday, 7 May 2018 05:21pm EDT 

May 7 (Reuters) - Resolute Energy Corp ::RESOLUTE ENERGY CORPORATION ANNOUNCES RESULTS FOR THE QUARTER ENDED MARCH 31, 2018.QUARTERLY REVENUE $74.7 MILLION.Q1 PERMIAN BASIN PRODUCTION INCREASED 70 PERCENT YEAR-OVER-YEAR TO 23,498 BOE PER DAY FROM 13,798 BOE PER DAY.QTRLY NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $0.64 PER SHARE.QTRLY ADJUSTED NET INCOME $0.14 PER DILUTED SHARE.Q1 REVENUE VIEW $71.6 MILLION -- THOMSON REUTERS I/B/E/S.RESOLUTE ENERGY - Q1 2018 COMPANY PRODUCTION INCREASED 19 PERCENT TO 23,498 BARRELS OF OIL EQUIVALENT PER DAY.  Full Article

Resolute Energy Says Q4 2017 Production Increased 41 Pct Year-Over-Year
Monday, 26 Feb 2018 06:33pm EST 

Feb 26 (Reuters) - Resolute Energy Corp ::PROVIDES OPERATIONS UPDATE, 2018 GUIDANCE AND POSTS INVESTOR PRESENTATION.‍Q4 2017 COMPANY PRODUCTION INCREASED 41 PERCENT YEAR-OVER-YEAR TO 27,595 BARRELS OF OIL EQUIVALENT PER DAY​.‍FOR 2018, RESOLUTE EXPECTS PRODUCTION TO BE 10,950 TO 12,045 MBOE, OR AN AVERAGE OF 30,000 TO 33,000 BOE PER DAY​.‍RESOLUTE EXPECTS CAPITAL EXPENDITURES OF BETWEEN $365 MILLION AND $395 MILLION IN 2018​.  Full Article

Monarch Alternative Capital Says Delivered Notice To Resolute Energy,Nominating Patrick Bartels,Joseph Citarrella,Samuel Langford For Election To Board
Friday, 9 Feb 2018 05:32pm EST 

Feb 9 (Reuters) - Resolute Energy Corp ::MONARCH ALTERNATIVE CAPITAL-ON FEB 8,DELIVERED NOTICE TO RESOLUTE ENERGY,NOMINATING PATRICK BARTELS,JOSEPH CITARRELLA,SAMUEL LANGFORD FOR ELECTION TO BOARD.  Full Article

VR Global Partners LP Reports 5.2 Pct Stake In Resolute Energy Corp As Of Feb 5
Wednesday, 7 Feb 2018 05:34pm EST 

Feb 7 (Reuters) - Resolute Energy Corp ::VR GLOBAL PARTNERS LP REPORTS 5.2 PERCENT STAKE IN RESOLUTE ENERGY CORP AS OF FEB 5 - SEC FILING.VR GLOBAL PARTNERS LP SAYS ACQUIRED RESOLUTE ENERGY'S COMMON STOCK FOR INVESTMENT PURPOSES AND BELIEVED REPRESENTED ATTRACTIVE INVESTMENT OPPORTUNITY.VR GLOBAL PARTNERS-IN SUPPORT OF MONARCH ALTERNATIVE'S PROPOSAL CALLING FOR RESOLUTE ENERGY TO HIRE ADVISOR TO ASSIST BOARD FOR POTENTIAL STRATEGIC TRANSACTIONS.  Full Article

Cimarex to pay $1.6 billion for fellow Permian firm Resolute

Oil and gas producer Cimarex Energy Co on Monday agreed to buy smaller rival Resolute Energy Corp for $1.6 billion including debt, adding more assets in the shale-rich Permian Basin for a premium of roughly 15 percent.