Showing 1-10 of about 144 articles.
Rosetta Resources Inc.
Rosetta Resources Inc. Completes Acquisition of New Core Area in Permian's Delaware Basin
HOUSTON, May 14, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) ("Rosetta" or the "Company") today reported the closing of the previously announced acquisition of Permian Basin assets from Comstock Resources, Inc. (NYSE:CRK). The transaction was completed today with an effective date of January 1, 2013. Including the $38.4 million deposit previously paid, total consideration for the acquisition was $811 million, which includes the $768 million purchase price and $43.3 million in normal and customary closing adjustments. Also, the total amount is subject to further post-closing adjustments. The transaction was largely funded by the net proceeds received from the Senior Notes issued in April, as well as borrowings under Rosetta's expanded Senior Revolving Credit Facility ("Credit Facility"). As of today, Rosetta has $100 million outstanding with $700 million available for borrowing under the Credit Facility.
Rosetta Resources Inc.
Rosetta Resources Inc. Announces 2013 First Quarter Financial and Operational Results
HOUSTON, May 6, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) ("Rosetta" or the "Company") today reported first quarter 2013 net income of $53.5 million, or $1.01 per diluted share, versus net income of $22.3 million, or $0.42 per diluted share, for the same period in 2012. Adjusted net income (non-GAAP) for the quarter was $62.5 million, or $1.18 per diluted share, excluding an unrealized loss on derivatives of $14.0 million, or $9.0 million after-tax, versus $0.64 per diluted share in 2012. The income increase was due to production growth and a higher liquids mix. A summary of the adjustments made to calculate adjusted net income is included in the attached "Non-GAAP Reconciliation Disclosure" table.
Rosetta Resources Inc.
Rosetta Resources Inc. Announces 1st Quarter 2013 Financial Conference Call
HOUSTON, April 19, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) ("Rosetta" or the "Company") announced today that it will hold its First Quarter 2013 Conference Call on Tuesday, May 7, 2013. The call will be hosted by Jim Craddock, Rosetta's Chairman, Chief Executive Officer and President, and will cover the Company's 2013 first quarter financial and operating results. The conference call will broadcast live over the internet.
Rosetta Resources Inc.
Rosetta Resources Inc. Announces Pricing of Public Offering of Common Stock
HOUSTON, April 18, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) (the "Company") announced today that it has priced an underwritten public offering of 7,000,000 shares of the Company's common stock at $42.50 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of common stock. The Company intends to use the net proceeds from this offering to fund a portion of the consideration for its previously announced acquisition of oil and natural gas assets in the Permian Basin from Comstock Resources, Inc. (the "Acquisition") and to repay amounts outstanding under the Company's revolving credit facility. Any remaining net proceeds will be used for general corporate purposes. The sale of our common stock is expected to settle on April 23, 2013, subject to the satisfaction of customary closing conditions.
Rosetta Resources Inc.
Rosetta Resources Inc. Announces Public Offering of Common Stock
HOUSTON, April 15, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) (the "Company") announced today it intends to commence an underwritten public offering of 7,000,000 shares of the Company's common stock. The Company intends to use the net proceeds from this offering to fund a portion of the consideration for its previously announced acquisition of oil and natural gas assets in the Permian Basin from Comstock Resources, Inc. (the "Acquisition") and to repay amounts outstanding under the Company's revolving credit facility. Any remaining net proceeds will be used for general corporate purposes. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of common stock.
Showing 1-10 of about 144 articles.