EQU
Equal Energy Ltd.NYSE
EQU is defunct.
  • May 8, 2014, 6:04 PM
    • Equal Energy (EQU): Q1 EPS of $0.16 .
    • Revenue of $20.08M (+11.53M% Y/Y) .
    | May 8, 2014, 6:04 PM | 1 Comment
  • May 2, 2014, 12:49 PM
    | May 2, 2014, 12:49 PM | 2 Comments
  • May 2, 2014, 9:18 AM
    | May 2, 2014, 9:18 AM
  • May 2, 2014, 8:49 AM
    • Equal Energy (EQU) +15.1% premarket on news of revised midstream marketing contract with a Kinder Morgan subsidiary and an extension of its deal with Petroflow Energy.
    • EQU signs an amended gas purchase and processing agreement with Scissortail Energy, a Kinder Morgan subsidiary, providing for an extension of its term and a revised pricing formula to take effect Aug. 1.
    • The deadline for the $230M deal that would allow Petroflow to acquire EQU is extended to July 31, as Petroflow has obtained financing commitments in the amounts necessary for it to complete the deal; the revised agreement also provides for EQU to pay two special dividends of $0.05/share each.
    | May 2, 2014, 8:49 AM | 6 Comments
  • Apr. 11, 2014, 2:09 PM
    • Equal Energy (EQU +8.7%) shares are surging after Montclair Energy proposes a leveraged recapitalization of the company.
    • The proposal says last year's takeover offer from Petroflow Energy significantly undervalues EQU, representing a 34%-62% discount vs. EQU's peer group.
    • Montclair claims a levered share repurchase would capitalize on EQU's untapped and attractively-priced credit facility and deliver $7-$10 share price realization vs. Petroflow's $5.43/share offer.
    | Apr. 11, 2014, 2:09 PM | 1 Comment
  • Apr. 11, 2014, 12:45 PM
    | Apr. 11, 2014, 12:45 PM
  • Mar. 17, 2014, 6:19 PM
    • Equal Energy Ltd. (EQU): Q4 EPS of $0.07
    • Revenue of $17.14M (+11.8% Y/Y)
    | Mar. 17, 2014, 6:19 PM
  • Dec. 9, 2013, 9:12 AM
    • Equal Energy (EQU) agrees to be acquired by Petroflow Energy in a deal totaling $230M, or $5.43/share, a 23% premium to the $4.43 closing price on Nov. 18 when EQU said its strategic alternatives process had successfully resulted in exclusive negotiations for a proposed transaction.
    • Montclair Energy had been attempting the acquire EQU for months but failed to come up with an acceptable offer.
    | Dec. 9, 2013, 9:12 AM
  • Nov. 18, 2013, 5:08 PM
    • Equal Energy (EQU) updates its strategic alternatives process, calling it "successful, resulting in a suitable option for the company to consider."
    • In September, EQU received a second expression of interest from Montclair Energy to acquire the company for an increased price of $4.85/share.
    • Shares +6.7% AH.
    | Nov. 18, 2013, 5:08 PM
  • Nov. 14, 2013, 4:40 PM
    • Equal Energy Ltd. (EQU) declares $0.05/share quarterly dividend, in line with previous.
    • Forward yield 4.65%
    • Payable Dec. 20; for shareholders of record Dec. 2; ex-div Nov. 27.
    | Nov. 14, 2013, 4:40 PM
  • Nov. 7, 2013, 12:37 PM
    • Equal Energy (EQU): Q3 EPS of $0.07.
    • Revenue of $16.59M. (PR)
    | Nov. 7, 2013, 12:37 PM
  • Sep. 10, 2013, 4:58 PM
    • Equal Energy (EQU) confirms receipt of a revised expression of interest from Montclair Energy to acquire the company for $4.85/share, raising a mid-August offer of $4.75/share.
    • EQU says it will consider the new offer, but it rejected the earlier offer as too low.
    | Sep. 10, 2013, 4:58 PM | 2 Comments
  • Aug. 20, 2013, 6:19 PM
    • Equal Energy's (EQU) board rejects the non-binding expression of interest from Montclair Energy.
    • Among various reasons, EQU says the proposed price does not adequately value the company's strategic opportunity in light of YTD drilling results, strong financial position, a 25% increase in reserves and Conway propane prices moving above $1/gal.
    | Aug. 20, 2013, 6:19 PM | 1 Comment
  • Aug. 15, 2013, 6:05 PM
    • Equal Energy (EQU) confirms it received a new expression of interest from Montclair Energy after yesterday's market close, revising a previous inquiry from February
    • EQU says it is considering the new proposal "in a deliberate and thoughtful manner with a view to the best interests of Equal."
    | Aug. 15, 2013, 6:05 PM
  • Aug. 7, 2013, 5:33 PM
    • Equal Energy Ltd. (EQU) declares $0.05/share quarterly dividend, in line with previous.
    • Forward yield 4.65%
    • Payable Sept. 25; for shareholders of record Sept. 2; ex-div Aug. 28.
    | Aug. 7, 2013, 5:33 PM
  • Jun. 17, 2013, 1:49 PM

    PowerSecure International Inc. (POWR +3.6%) and Equal Energy Ltd (EQU +4.4%) both trade higher today after landing on the long list of stocks to be added to the Russell 3000.

    | Jun. 17, 2013, 1:49 PM | 1 Comment