Resolute Energy Corp. today announced that at a special meeting of stockholders held earlier today, Resolute’s stockholders voted to approve the adoption of the merger agreement between Resolute and Cimarex Energy Co. 15,950,431 shares voted in favor of the proposal to adopt the merger agreement. This represents approximately 85% of the total [...]
Resolute Energy Corp. today announced that its Board of Directors declared a cash dividend of $20.3125 per share on its 8⅛% Series B Cumulative Perpetual Convertible Preferred Stock, payable on January 15, 2019, to holders of record at the close of business on January 1, 2019. The dividend is for the period beginning on October 16, 2018 and ending [...]
Resolute Energy Corp. today reported operating and financial results for the quarter and nine months ended September 30, 2018. Highlights: Third quarter 2018 oil production averaged 15,738 barrels of oil per day, an increase of 47 percent over second quarter 2018. Third quarter net loss was $14.3 million; adjusted net income was $10.6 million, a [...]
Resolute Energy Corp. announced today that it will issue a press release covering operating and financial results for the third quarter ended September 30, 2018, after the market close on Monday, November 5, 2018. An investor conference call to review the third quarter results will be held on Tuesday, November 6, 2018, at 10:00 AM Eastern Standard [...]
Resolute Continues to Trade at a Steep Discount to Relevant Peers Due To a Bloated Cost Structure and Subscale Assets, Rendering it Unable to Compete as a Standalone Company in Highly Competitive and Lucrative Permian Basin According to Kimmeridge Company Appears to Have Made No Significant Progress on Previously Announced Strategic Review [...]
- 3Q 2018 production of 34,750 Boe per day, up 45% from 2Q - - 3Q 2018 oil production of 15,740 Bbl per day, up 47% from 2Q - - 3Q 2018 Adjusted EBITDA expected to nearly double from 2Q - Resolute Energy Corp. today provided preliminary third quarter 2018 production results and an operations update. Aggregate third quarter 2018 production averaged [...]
Resolute Energy Corp. today announced that its Board of Directors declared a cash dividend of $20.3125 per share on its 8⅛% Series B Cumulative Perpetual Convertible Preferred Stock, payable on October 15, 2018, to holders of record at the close of business on October 1, 2018. The dividend is for the period beginning on July 16, 2018 and ending on [...]
Resolute Energy Corp. today reported operating and financial results for the quarter and six months ended June 30, 2018. Highlights: Second quarter 2018 Permian Basin production increased 31 percent year-over-year to 24,036 barrels of oil equivalent per day from 18,383 Boe per day in second quarter 2017. Based on strong early production from the [...]
Resolute Energy Cannounced today that it will issue a press release covering operating and financial results for the second quarter ended June 30, 2018, after the market close on Monday, August 6, 2018. An investor conference call to review the second quarter results will be held on Tuesday, August 7, 2018, at 10:00 AM Eastern Daylight Time. Date [...]
DENVER, June 20, 2018 -- Resolute Energy Corp. today announced that its Board of Directors declared a cash dividend of $20.3125 per share on its 8⅛% Series B Cumulative Perpetual Convertible Preferred Stock, payable on July 16, 2018, to holders of record at the close of business on July 1, 2018. The dividend is for the period beginning on April 16 [...]
DENVER, June 11, 2018 -- Resolute Energy Corp. announced today the completion of its offer to exchange up to $75,000,000 aggregate principal amount of its 8.50% Senior Notes due 2020, which have been registered under the Securities Act of 1933, as amended , for up to $75,000,000 of its outstanding unregistered 8.50% Senior Notes due 2020, which [...]
New Directors Added from Goff Capital, RR Advisors, and Monarch Alternative Capital Announces Settlement Agreement with Monarch Alternative Capital LP DENVER, May 15, 2018 -- Resolute Energy Corp. today announced that it has appointed three new outside directors, determined to seek stockholder approval of a proposal to declassify its Board of [...]