HOUSTON, March 9, 2017 /CNW/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar" or the "Company") today reported financial and operating results for the three and twelve months ended December 31, 2016. The Company also provided guidance for the first quarter and full-year 2017. Fourth quarter 2016 highlights include: Average daily production [...]
HOUSTON, March 3, 2017 /CNW/ -- Gastar Exploration Inc. ("Gastar" or the "Company") (NYSE MKT: GST) announced today that it has closed its previously announced capital and refinancing transactions with funds managed by affiliates of Ares Management, L.P. (NYSE: ARES) ("Ares"). The transactions with Ares include $425 million in new financing to the [...]
HOUSTON, Feb. 28, 2017 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it will release its fourth quarter and full-year 2016 results on Thursday, March 9, 2017 after the market closes. In conjunction with the release, Gastar has scheduled a conference call for 9:00 a.m. Eastern Time (8:00 a.m. Central Time [...]
HOUSTON, Feb. 22, 2017 /CNW/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it has conditionally called for redemption of all $325 million outstanding principal of its 8-5/8% Senior Secured Notes Due 2018 (CUSIP No. 36729W AA1) (the "Notes") for redemption on March 24, 2017 (the "Redemption Date") at a redemption price [...]
Gastar to host a conference call to discuss the announcement at 9:00 am CST today HOUSTON, Feb. 17, 2017 /CNW/ -- Gastar Exploration Inc. ("Gastar" or the "Company") (NYSE MKT: GST) announced today that it has entered into a definitive securities purchase agreement with funds managed by affiliates of Ares Management, L.P. (NYSE: ARES) ("Ares [...]
Oil & Gas CEOs will present their 2017 plans to investors at EnerCom Dallas on March 1-2, 2017 DENVER, CO--(Marketwired - Feb 7, 2017) - EnerCom's first Texas-based oil and gas investment conference -- EnerCom Dallas -- will kick off on March 1, 2017. EnerCom Dallas features presentations by the chief executives of some of the most-watched [...]
HOUSTON, Feb. 7, 2017 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it has declared monthly cash dividends on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") and its 10.75% Series B Preferred Stock ("Series B Preferred Stock") for February 2017. The dividend on the Series A Preferred Stock [...]
HOUSTON, Jan. 27, 2017 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar" or the "Company") today announced that its Board of Directors has adopted a Net Operating Loss (NOL) Shareholder Rights Agreement (the "Rights Plan") designed to preserve its substantial tax assets. As of December 31, 2015, Gastar had cumulative net operating [...]
HOUSTON, Jan. 10, 2017 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") announced today that it has declared special cash dividends on its 8.625% Series A Preferred Stock ("Series A Preferred Stock") and its 10.75% Series B Preferred Stock ("Series B Preferred Stock") to pay in full all accumulated and unpaid cash dividends on [...]
HOUSTON, Dec. 5, 2016 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) announced that the Company's management will participate in the Capital One Securities 2016 Energy Conference to be held in New Orleans, Louisiana. J. Russell Porter, President and Chief Executive Officer, will make a presentation on Thursday, December 8, 2016 at 2:00 [...]
Also Announces its Borrowing Base is Set at $85 Million HOUSTON, Nov. 21, 2016 /CNW/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar" or the "Company") announced the initial closing of the sale of certain non-core assets located in northeast Canadian and southeast Kingfisher counties, Oklahoma. Gastar received $46.4 million in the initial [...]
HOUSTON, Nov. 3, 2016 /CNW/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar" or the "Company") today reported financial and operating results for the three and nine months ended September 30, 2016. Net loss attributable to Gastar's common stockholders for the third quarter of 2016 was $3.8 million, or a loss of $0.03 per share. This compares [...]