Lonestar Resources US Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Frank Bracken
- Full Time Employees
- 75
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 111 Boland St Ste 300 Fort Worth TX United States of America 76107
- IPO Date
- Jul 5, 2016
- CIK
- 0001661920
- Website
- lonestarresources.com
- Similar Companies
- Business
- Lonestar Resources US Inc. (LONE) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of unconventional oil, natural gas liquids (NGLs), and natural gas properties, primarily focused on the Eagle Ford Shale play across approximately 53,000 net acres in 11 South Texas counties including Dimmit, La Salle, Frio, Gonzales, Karnes, Fayette, Wilson, DeWitt, Lavaca, Brazos, and Robertson. The company operates high-quality assets in the crude oil and condensate windows of the Western, Central, and Eastern Eagle Ford, with roughly 97% of its locations operated directly and 94% of net acreage held by production, supporting approximately 240 gross (135 net) horizontal drilling locations; it targets exploration and production activities for energy sector customers including refiners, utilities, and industrial users throughout the United States. Founded in 2015 and headquartered in Fort Worth, Texas, Lonestar completed a financial restructuring in December 2020 with a new $225 million senior secured revolver and $60 million term loan, enhancing liquidity with $20.7 million in post-emergence cash; in July 2021, it entered a definitive all-stock merger agreement with Penn Virginia Corporation valued at $370 million, which closed in October 2021, resulting in Lonestar operating as a subsidiary of the rebranded Ranger Oil Corporation and expanding combined Eagle Ford production to nearly 40,000 barrels of oil equivalent per day with over 750 drilling locations and synergies exceeding $20 million annually.
Lonestar Reports Second Quarter 2021 Results: Operational Momentum Is Accelerating
Lonestar Reports Second Quarter 2021 Results: Operational Momentum Is Accelerating
SHAREHOLDER ALERT: WeissLaw LLP Reminds STFR, SNR, LONE, and FCCY Shareholders About Its Ongoing Investigations
Shareholder Alert: Ademi LLP investigates whether Lonestar Resources US Inc. has obtained a Fair Price in its transaction with Penn Virginia Corporation
LONESTAR RESOURCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lonestar Resources US Inc. - LONE
Lonestar Resources Provides Operational Update-June Production Up 23% Over 1Q21 While 2Q21 Financial Results Expected To Exceed High End Of Guidance
SHAREHOLDER ALERT: WeissLaw LLP Investigates Lonestar Resources US Inc.
Lonestar Resources US Inc. (LONE) CEO Frank Bracken on Q1 2021 Results - Earnings Call Transcript
Lonestar Reports First Quarter 2021 Results: Financial Position Strengthened, Operational Momentum Resuming
Lonestar Reports First Quarter 2021 Results: Financial Position Strengthened, Operational Momentum Resuming
Lonestar First Quarter 2021 Results Conference Call
Lonestar First Quarter 2021 Results Conference Call
Lonestar First Quarter 2021 Results Conference Call
Lonestar Announces Year-End 2020 Reserves
Lonestar Announces Year-End 2020 Reserves
Lonestar Resources to Present at EnerCom Dallas Conference
OTC Markets Group Welcomes Lonestar Resources US Inc. to OTCQX
Lonestar Resources US Inc. Successfully Completes Restructuring
Lonestar Announces Third Quarter 2020 Results
Lonestar Resources US Inc. Announces Restructuring Support Agreement