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Last $1.98 USD
Change Today -0.04 / -1.98%
Volume 4.8M
As of 8:04 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

magnum hunter resources corp (MHR) Snapshot

Open
$2.04
Previous Close
$2.02
Day High
$2.08
Day Low
$1.95
52 Week High
06/9/14 - $8.90
52 Week Low
01/22/15 - $1.60
Market Cap
399.1M
Average Volume 10 Days
5.0M
EPS TTM
$-1.59
Shares Outstanding
201.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MAGNUM HUNTER RESOURCES CORP (MHR)

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magnum hunter resources corp (MHR) Details

Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States. The company operates through the U.S. Upstream, Midstream, and Oilfield Services segments. It operates in two of the unconventional shale resource plays in the United States, including the Marcellus Shale and the Utica Shale plays located in the Appalachian Basin within the states of West Virginia and Ohio; and owns interests in non-operated oil and gas properties in the Williston Basin/Bakken Shale located in Divide County, North Dakota. As of December 31, 2014, the company had approximately 274,653 net leasehold acres in its principal operating areas, including 79,683 net acres in the Marcellus Shale; approximately 125,680 acres in the Utica Shale; and approximately 69,290 net acres in the Williston Basin/Bakken Shale in North Dakota. It also operates natural gas properties in Kentucky; provides midstream operations services, such as natural gas marketing, as well as the and operation of a network of pipelines and compression stations that gather natural gas and NGLs in the U.S. for transportation, principally in West Virginia and Ohio; and offers drilling services to third party oil and natural gas exploration and production companies. The company was formerly known as Petro Resources Corporation and changed its name to Magnum Hunter Resources Corporation in July 2009. Magnum Hunter Resources Corporation was incorporated in 1997 and is headquartered in Houston, Texas.

440 Employees
Last Reported Date: 03/2/15
Founded in 1997

magnum hunter resources corp (MHR) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $947.4K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $452.0K
Executive Vice President of Operations and Pr...
Total Annual Compensation: $583.1K
Executive Vice President of Exploration and P...
Total Annual Compensation: $435.0K
Senior Vice President and General Counsel
Total Annual Compensation: $391.5K
Compensation as of Fiscal Year 2014.

magnum hunter resources corp (MHR) Key Developments

Magnum Hunter Resources Corporation Declares May 2015 Monthly Cash Dividend on Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock, Payable on June 1, 2015

Magnum Hunter Resources Corporation announced that it has declared a monthly cash dividend on the company's 10.25% Series C Cumulative Perpetual Preferred Stock, a monthly cash dividend on the Company's 8.0% Series D Cumulative Preferred Stock and a monthly cash dividend on the company's 8.0% Series E Cumulative Convertible Preferred Stock. The outstanding shares of Series E Preferred Stock are represented by depositary shares, each representing a 1/1,000th interest of a share of Series E Preferred Stock. The dividend on the Series C Preferred Stock, which is for the month of May 2015, is payable on June 1, 2015, to holders of record at the close of business on May 15, 2015. The payment will be an annualized 10.25% per share, which is equivalent to approximately $0.2135 per share, based on the $25.00 per share liquidation preference of the Series C Preferred Stock. The dividend on the Series D Preferred Stock, which is for the month of May 2015, is payable on June 1, 2015, to holders of record at the close of business on May 15, 2015. The payment will be an annualized 8.0% per share, which is equivalent to approximately $0.3333 per share, based on the $50.00 per share liquidation preference of the Series D Preferred Stock. The dividend on the Series E Preferred Stock, which is for the month of May 2015, is payable on June 1, 2015, to holders of record at the close of business on May 15, 2015. The payment will be an annualized 8.0% per share of Series E Preferred Stock, which is equivalent to approximately $166.6667 per share, based on the $25,000.00 per share liquidation preference of the Series E Preferred Stock (equivalent to approximately $0.1667 per Depositary Share, based on the $25.00 per Depositary Share liquidation preference).

Magnum Hunter Announces Production Results for the First Quarter of 2015

Magnum Hunter announced production results for the first quarter of 2015. The company announced production for first quarter of 2015 increased 66% from last year as a result of the company's expanded 2014 drilling program in the core areas of operations and production results from the Marcellus and Utica Shale plays. For the period, the company's production totaled 14.7 Bcfe on an average of 163.6 MMcfe. In the comparable period last year, production was 8.9 Bcfe on an average of 98.6 MMcfe per day.

Magnum Hunter Resources Corp. Declares Cash Dividend on Series C, D and E Preferred Stocks for the Month of April 2015, Payable on April 30,2015

Magnum Hunter Resources Corporation announced that it has declared a monthly cash dividend on the company's 10.25% Series C Cumulative Perpetual Preferred Stock, a monthly cash dividend on the company's 8.0% Series D Cumulative Preferred Stock and a monthly cash dividend on the company's 8.0% Series E Cumulative Convertible Preferred Stock. The outstanding shares of Series E Preferred Stock are represented by depositary shares, each representing a 1/1,000th interest of a share of Series E Preferred Stock. The dividend on the Series C Preferred Stock, which is for the month of April 2015, is payable on April 30, 2015, to holders of record at the close of business on April 15, 2015. The payment will be an annualized 10.25% per share, which is equivalent to approximately $0.2135 per share, based on the $25.00 per share liquidation preference of the Series C Preferred Stock. The dividend on the Series D Preferred Stock, which is for the month of April 2015, is payable on April 30, 2015, to holders of record at the close of business on April 15, 2015. The payment will be an annualized 8.0% per share, which is equivalent to approximately $0.3333 per share, based on the $50.00 per share liquidation preference of the Series D Preferred Stock. The dividend on the Series E Preferred Stock, which is for the month of April 2015, is payable on April 30, 2015, to holders of record at the close of business on April 15, 2015. The payment will be an annualized 8.0% per share of Series E Preferred Stock, which is equivalent to approximately $166.6667 per share, based on the $25,000.00 per share liquidation preference of the Series E Preferred Stock (equivalent to approximately $0.1667 per Depositary Share, based on the $25.00 per Depositary Share liquidation preference).

 

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Industry Analysis

MHR

Industry Average

Valuation MHR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 3.4x
Price/Cash Flow 1.0x
TEV/Sales NM Not Meaningful
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