Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $1.50 USD
Change Today -0.04 / -2.60%
Volume 4.2K
As of 9:30 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

gastar exploration ltd (GST) Snapshot

Open
$1.50
Previous Close
$1.54
Day High
$1.50
Day Low
$1.50
52 Week High
09/11/14 - $7.95
52 Week Low
08/24/15 - $1.00
Market Cap
118.3M
Average Volume 10 Days
864.7K
EPS TTM
$-0.17
Shares Outstanding
78.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GASTAR EXPLORATION LTD (GST)

Related News

No related news articles were found.

gastar exploration ltd (GST) Related Businessweek News

No Related Businessweek News Found

gastar exploration ltd (GST) Details

Gastar Exploration Inc., an independent energy company, engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the United States. Its principal activities include the identification, acquisition, exploration, and development of oil and natural gas properties on unconventional reserves, such as shale resource plays. The company is also developing the primarily oil-bearing reservoirs of the Hunton Limestone horizontal oil play in Oklahoma; and liquids-rich natural gas in the Marcellus Shale in West Virginia. As of December 31, 2014, its principal assets included approximately 51,300 net acres in the Appalachian Basin in West Virginia and southwestern Pennsylvania, as well as 117,800 net acres in the Mid-Continent area of the U.S. in the state of Oklahoma. The company was formerly known as Gastar Exploration Ltd. and changed its name to Gastar Exploration Inc. in January 2014. Gastar Exploration Inc. is based in Houston, Texas.

57 Employees
Last Reported Date: 03/12/15

gastar exploration ltd (GST) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.0M
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $585.4K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $585.4K
Compensation as of Fiscal Year 2014.

gastar exploration ltd (GST) Key Developments

Gastar Exploration Inc. Declares Monthly Cash Dividends on Preferred Stock, Payable on September 30, 2015

Gastar Exploration Inc. declared monthly cash dividends on its 8.625% Series A Preferred Stock and its 10.75% Series B Preferred Stock for September 2015. The dividend on the Series A Preferred Stock is payable on September 30, 2015 to holders of record at the close of business on September 15, 2015. The September 2015 dividend payment will be an annualized 8.625% per share, which is equivalent to $0.179688 per share, based on the $25.00 per share liquidation preference of the Series A Preferred Stock. The dividend on the Series B Preferred Stock is payable on September 30, 2015 to holders of record at the close of business on September 15, 2015. The September 2015 dividend payment will be an annualized 10.75% per share, which is equivalent to $0.223958 per share, based on the $25.00 per share liquidation preference of the Series B Preferred Stock.

Gastar Exploration Inc. Announces Borrowing Base Maintained at $200 Million of Its Revolving Credit Facility for 2015

Gastar Exploration Inc. announced that it has completed its second scheduled borrowing base redetermination of its revolving credit facility for 2015 and, as a result, the borrowing base has been reaffirmed by the lending participants at $200.0 million. Currently, the company has drawn $65.0 million under its revolving credit facility, resulting in $135.0 million of unused borrowing capacity. The next scheduled borrowing base redetermination is to occur by May 1, 2016.

Gastar Exploration Inc. Announces Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Production Guidance for the Third Quarter and Full Year of 2015; Revises Capital Expenditures Guidance for the Full Year 2015

Gastar Exploration Inc. announced unaudited consolidated earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $21,928,000 against $35,897,000 a year ago. Loss from operations was $107,462,000 against income from operations $12,539,000 a year ago. Loss Income before provision of income taxes was $114,395,000 against income before provision of income taxes of $5,627,000 a year ago. Net loss attributable to common shareholders was $118,014,000 against net income attributable to common shareholders of $2,016,000 a year ago. Net loss attributable to common shareholders per diluted share were $1.52 against net income attributable to common shareholders per diluted share of $0.03 a year ago. Adjusted net loss attributable to common shareholders was $10,085,000 against adjusted net income attributable to common shareholders of $7,451,000 a year ago. Adjusted net loss per diluted share attributable to common shareholders was $0.13 against adjusted net income per diluted share attributable to common shareholders of $0.12 a year ago. Adjusted cash flows from operating activities were $8,306,000 against $19,686,000 a year ago. EBITDA was $5,154,000 against $19,208,000 a year ago. Adjusted EBITDA was $17,925,000 against $29,374,000 a year ago. Net capital expenditures for the quarter were at $27 million. For the six months, the company reported total revenue of $56,300,000 against $68,224,000 a year ago. Loss Income from operations was $99,290,000 against income from operations of $21,036,000 a year ago. Loss Income before provision of income taxes was $113,781,000 against income before provision of income taxes of $7,238,000 a year ago. Net loss income attributable to common shareholders was $121,018,000 against net income attributable to common shareholders of $51,000 a year ago. Net loss attributable to common shareholders per diluted share were $1.56. Net cash provided by operating activities was $37,015,000 against $49,766,000 a year ago. Development and purchase of oil and natural gas properties was $84,724,000 against $55,295,000 a year ago. Purchase of furniture and equipment was $45,000 against $158,000 a year ago. Adjusted net loss attributable to common shareholders was $17,341,000 against adjusted net income attributable to common shareholders $8,878,000 a year ago. Adjusted net loss per diluted share attributable to common shareholders was $0.22 against adjusted net income per diluted share attributable to common shareholders of $0.14 a year ago. Adjusted cash flows from operating activities were $17,300,000 against $35,899,000 a year ago. EBITDA was $24,182,000 against $36,516,000 a year ago. Adjusted EBITDA was $37,967,000 against $55,298,000 a year ago. Year-to-date, capital expenditures was $55 million, including land costs of $12 million. For the second quarter of 2015, the company announced that average daily production was 13,900 barrels of oil equivalent per day ("Boe/d") as compared to 9,500 Boe/d in the second quarter of 2014 and 12,600 Boe/d in the first quarter of 2015. Mid-Continent production increased by approximately 2,100 Boe per day from a year ago to 6,200 Boe per day due to active Hunton Limestone development program in WEHLU and on AMI acreage. Sequentially, production was approximately 400 Boe per day or about 6%. Liquids as a percentage of total equivalent production volumes were 53% in the second quarter of 2015 compared to 48% in the second quarter of 2014 and 52% in the first quarter of 2015. For the six months, total net daily production was 13,200 barrels of oil equivalent per day (Boe/d) as compared to 9,600 Boe/d in the second quarter of 2014. For the third quarter of 2015, the company expects net average daily production is to be between from 14 MBoe/d to 13.5 MBoe/d. The company updating previously issued guidance of net average daily production is to be between from 13.7 MBoe/d to 13.2 MBoe/d for the full-year 2015. The company revised its full year 2015 capital expenditures budget from $103 million to $120 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GST:US $1.50 USD -0.04

GST Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Abraxas Petroleum Corp $1.68 USD -0.0099
LRR Energy LP $4.45 USD -0.004
Mid-Con Energy Partners LP $2.80 USD -0.01
PetroQuest Energy Inc $1.37 USD -0.01
PrimeEnergy Corp $53.45 USD 0.00
View Industry Companies
 

Industry Analysis

GST

Industry Average

Valuation GST Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 0.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GASTAR EXPLORATION LTD, please visit www.gastar.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.