Finance & Investing | General News | Financial Trouble | Capital Markets
HighPoint Out of NYSE Compliance
Email
Print 
Bookmark
HighPoint Resources Corp. received notice from the NYSE that it is no longer in compliance with the NYSE continued listing standards due to the company's average global market capitalization over a consecutive 30 trading-day period being less than $50 million,
Additionally, at the same time, its stockholders' equity was less than $50 million.
As of November 4, 2020, the 30 trading-day average global market capitalization of the Company was approximately $41.5 million and the Company's last reported stockholders' equity as of September 30, 2020 was a deficit of $12.6 million.
In accordance with NYSE procedures, the Company intends to submit a plan aimed at regaining compliance.
| Category | 2019 | 2020 Est. Initial | Updated 2020 Guidance | %Difference (2019vs 2020) |
| Total Capital Expenditure($mm) |
|
|
|
|
| Rig Count |
|
|
|
|
| Production Daily Equivalent(boe/d) |
|
|
|
|
| Production Oil(bbls/d) |
|
|
|
|
Related Categories :
Finance & Investing
More Finance & Investing News
-
Report: Chesapeake Poised to Emerge from Bankruptcy
-
Civeo Corp. Regains Compliance with NYSE
-
HighPoint Resources Regains NYSE Compliance
-
Abraxas Petroleum Regains Nasdaq Compliance
-
Western Midstream Partners Third Quarter 2020 Results
DJ Basin News >>>
-
Biden Revokes Keystone XL Pipeline Permit
-
Bakken Operators Looking to Divest 36,000 Barrels Per Day
-
Report: Chesapeake Poised to Emerge from Bankruptcy
-
2021 E&P Spending Drilling & Completions Budgets
-
Chevron Taps Noble Midstream for DJ Basin Oil Takeaway -
Rockies News >>>
-
Northern Oil Narrows 4Q20 Production Guidance; Updates Hedges
-
Devon Energy, WPX Wrap Up $5.63B Merger Deal
-
Dallas Fed Survey: Firms Bet '21 Capex on $44/Bbl WTI; 2022 Outlook, Energy Shift -
-
Whiting Cutting Spending by $20MM (-8%) for 2021; IDs Capex of $240 Million
-
EOG Resources Promotes Yacob to Role of President
