Lonestar Resources downgraded by Johnson Rice with a new price target
$LONE
Oil & Gas Production
Energy
Johnson Rice downgraded Lonestar Resources from Buy to Hold and set a new price target of $37.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/16/2021 | $37.00 | Buy → Hold | Johnson Rice |
Johnson Rice downgraded Lonestar Resources from Buy to Hold and set a new price target of $37.00
15-12B - Lonestar Resources US Inc. (0001661920) (Filer)
8-K - Lonestar Resources US Inc. (0001661920) (Filer)
S-8 POS - Lonestar Resources US Inc. (0001661920) (Filer)
4 - Lonestar Resources US Inc. (0001661920) (Issuer)
4 - Lonestar Resources US Inc. (0001661920) (Issuer)
4 - Lonestar Resources US Inc. (0001661920) (Issuer)
Lonestar Resources US Inc. (OTCQX:LONE) (including its subsidiaries, "Lonestar," "we," "us," "our" or the "Company") today reported financial and operating results for the three months ended June 30, 2021. HIGHLIGHTS Second Quarter Production Up 14% From First Quarter Levels. Lonestar reported a 14% increase in net oil and gas production to 11,855 BOE/d during the three months ended June 30, 2021 ("2Q21"), compared to 10,377 BOE/d for the three months ended March 31, 2021 ("1Q21"). Production was comprised of 73% crude oil and NGL's on an equivalent basis. Lonestar's development program continues to deliver significant increases in production, with July production rates averaging 13,500
Lonestar Resources US Inc. (OTCQX:LONE) (together with its subsidiaries, "Lonestar," "our" or the "Company") today provided an operational update. Lonestar announced that the results of its 2021 program continue to positively influence production and cash flow. Thus far in 2021, Lonestar has placed 7.0 gross / 5.5 net wells onstream. Located in the Hawkeye and Horned Frog areas, these wells have increased estimated production for the month of June 2021 by 23% to approximately 12,750 BOE per day, which consists of approximately 6,400 barrels per day of crude oil, 2,600 barrels per day of natural gas liquids and 22,500 Mcf per day of natural gas. Lonestar's Chief Executive Officer, Frank D.
Continues Accretive Eagle Ford Consolidation Complementary Assets, Increased Scale, Free Cash Flow and Inventory HOUSTON, July 12, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation ("Penn Virginia" or the "Company") (NASDAQ:PVAC) and Lonestar Resources US Inc. ("Lonestar") (OTCQX:LONE) today announced that they have entered into a definitive merger agreement under which Penn Virginia will acquire Lonestar in an all-stock transaction. Under the terms of the agreement, Lonestar shareholders will receive 0.51 shares of common stock of Penn Virginia for each share of common stock of Lonestar outstanding. The transaction, which is expected to close in the second half of 2021, has been unanim
Lonestar Resources US Inc. (OTCQX:LONE) (including its subsidiaries, "Lonestar," "we," "us," "our" or the "Company") today reported financial and operating results for the three months ended June 30, 2021. HIGHLIGHTS Second Quarter Production Up 14% From First Quarter Levels. Lonestar reported a 14% increase in net oil and gas production to 11,855 BOE/d during the three months ended June 30, 2021 ("2Q21"), compared to 10,377 BOE/d for the three months ended March 31, 2021 ("1Q21"). Production was comprised of 73% crude oil and NGL's on an equivalent basis. Lonestar's development program continues to deliver significant increases in production, with July production rates averaging 13,500
Lonestar Resources US Inc. (OTCQX:LONE) (including its subsidiaries, "Lonestar," "we," "us," "our" or the "Company") today reported financial and operating results for the three months ended March 31, 2021. Over the past year, Lonestar has successfully restructured its liabilities, simplified its balance sheet and further reduced debt by utilizing free cash flow. At March 31, 2021, net debt of $239 million provides liquidity of $36 million and a Debt-to-Adjusted EBITDAX ratio of 2.1x. Lonestar continues to target a debt to EBITDAX ratio of 1.5x within the next eight quarters. HIGHLIGHTS Current Production Up 22% From First Quarter Levels. Lonestar reported a 29% decrease in net oil and
SC 13G/A - Lonestar Resources US Inc. (0001661920) (Subject)
SC 13G/A - Lonestar Resources US Inc. (0001661920) (Subject)
SC 13G/A - Lonestar Resources US Inc. (0001661920) (Subject)