HBP

Huttig Building Products, Inc. Schedules Third Quarter 2021 Earnings Call

Retrieved on: 
Wednesday, October 20, 2021

ST. LOUIS, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products (Nasdaq: HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its third quarter 2021 financial results on Wednesday, November 3, 2021 after market close.

Key Points: 
  • ST. LOUIS, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products (Nasdaq: HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its third quarter 2021 financial results on Wednesday, November 3, 2021 after market close.
  • An earnings call with management is scheduled for Thursday, November 4, 2021 at 10:00 a.m. Central Daylight Time.
  • Participants can listen to the call live via webcast by going to the investor portion of Huttigs website at http://investor.huttig.com/news-and-events/investor-calendar .
  • Huttig's wholesale distribution centers sell principally to building materials dealers, national buying groups, home centers and industrial users, including makers of manufactured homes.

Huttig Building Products, Inc. Announces Review of Strategic Alternatives

Retrieved on: 
Wednesday, October 13, 2021

ST. LOUIS, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. (Huttig or the Company) (NASDAQ: HBP), a leading domestic distributor of millwork, building materials and wood products, today announced that its Board of Directors, consistent with its strategic review process and in consultation with its financial and legal advisors, has initiated a process to evaluate potential strategic alternatives to maximize shareholder value.

Key Points: 
  • ST. LOUIS, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. (Huttig or the Company) (NASDAQ: HBP), a leading domestic distributor of millwork, building materials and wood products, today announced that its Board of Directors, consistent with its strategic review process and in consultation with its financial and legal advisors, has initiated a process to evaluate potential strategic alternatives to maximize shareholder value.
  • No assurances can be given regarding the outcome or timing of the review process.
  • Huttig has retained Lincoln International as its financial advisor to assist with the strategic review process.
  • Huttig's wholesale distribution centers sell principally to building materials dealers, national buying groups, home centers and industrial users, including makers of manufactured homes.

Citizen Energy Expands Mid-Continent Footprint with Gas-Rich Bolt-On Acquisition

Retrieved on: 
Monday, October 11, 2021

Tulsa-based Citizen Energy announced that it has entered into a definitive Purchase and Sale Agreement with an undisclosed seller.

Key Points: 
  • Tulsa-based Citizen Energy announced that it has entered into a definitive Purchase and Sale Agreement with an undisclosed seller.
  • Pro forma for the acquisition, Citizen will have net daily production of ~74,000 BOEPD, interests in over 1,700 wells and over 230,000 net acres across the Mid-Continent.
  • Citizen expects the acquisition to be accretive to shareholder returns and crucial to building and maintaining its momentum as the largest private operator in Oklahoma.
  • Schaper Energy Consulting acted as technical advisor and Shearman & Sterling served as legal counsel for Citizen Energy on the transaction.

Huttig Building Products, Inc. Enters Into New $250 Million Credit Facility

Retrieved on: 
Thursday, September 30, 2021

ST. LOUIS, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. (NASDAQ:HBP), a leading domestic distributor of millwork, building materials and wood products, today announced it has entered into a new $250 million senior credit facility.

Key Points: 
  • ST. LOUIS, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. (NASDAQ:HBP), a leading domestic distributor of millwork, building materials and wood products, today announced it has entered into a new $250 million senior credit facility.
  • The facility has a five-year tenure and can be expanded to $325 million through an uncommitted $75 million accordion, subject to certain conditions.
  • This new credit facility replaces the Companys existing credit facility.
  • Pricing for the new credit facility is based on LIBOR plus 125 to 175 basis points, depending on levels of average availability.

Crescent Pass Energy Announces Acquisitions in the Eagle Ford and East Texas Cotton Valley Trends

Retrieved on: 
Tuesday, September 28, 2021

Crescent Pass Energy, LLC (Crescent Pass) announced today that it has closed on the acquisition of producing assets in the northern area of the Eagle Ford play from Tulsa based Armor Energy LLC, as well as three bolt-on acquisitions in the Cotton Valley trend in East Texas.

Key Points: 
  • Crescent Pass Energy, LLC (Crescent Pass) announced today that it has closed on the acquisition of producing assets in the northern area of the Eagle Ford play from Tulsa based Armor Energy LLC, as well as three bolt-on acquisitions in the Cotton Valley trend in East Texas.
  • The assets are supported by more than 140,000 net held-by-production (HBP) acres in various counties across Texas and Louisiana.
  • In 2021 to date, Crescent Pass has deployed approximately $85 million on acquisitions, with substantial remaining equity capital reserved for future opportunities.
  • Andrew Heyman, Partner at Talara Capital Management commented, Crescent Pass continues to make accretive acquisitions and improve the existing asset base.

Go1, Harvard Business Publishing Corporate Learning in partnership to develop business leaders of tomorrow

Retrieved on: 
Wednesday, September 15, 2021

SAN FRANCISCO, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Go1 , the worlds largest corporate education content hub for on-demand training and resources, today announced a partnership with Harvard Business Publishing (HBP) Corporate Learning aimed at helping organizations develop future leaders with high-quality, world-class leadership solutions.

Key Points: 
  • SAN FRANCISCO, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Go1 , the worlds largest corporate education content hub for on-demand training and resources, today announced a partnership with Harvard Business Publishing (HBP) Corporate Learning aimed at helping organizations develop future leaders with high-quality, world-class leadership solutions.
  • Were proud to partner with Harvard Business Publishing Corporate Learning, a globally trusted and respected brand in business and lifelong education, said Basem Emera, Go1 Vice President of Partnerships and Alliances.
  • Leadership and learning matter more than ever as we strive to remain agile, collaborative, and productive in todays environment, Ian Fanton, Harvard Business Publishing Executive Vice President and Head of Corporate Learning, said.
  • Todays leaders want learning that builds skills for the future, and our partnership with Go1 will help address specific business challenges across any industry.

Chaparral Energy Provides Strategic and Operational Update

Retrieved on: 
Tuesday, August 10, 2021

OKLAHOMA CITY, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (the Company or Chaparral), a privately held company, announced its updated strategic vision, the disposition of non-core southern Oklahoma assets and the acquisition of complementary assets within Chaparrals focus area.

Key Points: 
  • OKLAHOMA CITY, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (the Company or Chaparral), a privately held company, announced its updated strategic vision, the disposition of non-core southern Oklahoma assets and the acquisition of complementary assets within Chaparrals focus area.
  • In addition, the Company provided an operational update, including recent development drilling results.
  • This allows us to lower our operational costs per barrel, decreases future plugging and abandonment liability and provides incremental liquidity to help fund accretive acquisitions.
  • Chaparral Energy, Inc. is a private and independent oil and natural gas exploration and production company headquartered in Oklahoma City.

MDM Permian, Inc. - Permian Basin Updates

Retrieved on: 
Tuesday, August 10, 2021

Carrollton, Texas, Aug. 10, 2021 (GLOBE NEWSWIRE) -- MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin.

Key Points: 
  • Carrollton, Texas, Aug. 10, 2021 (GLOBE NEWSWIRE) -- MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin.
  • They will be doing Federal tax returns for both MDM Permian, Inc. and MDM Energy, Inc.
  • MDM Energy, Inc. (the wholly owned operating subsidiary of MDM Permian, Inc.), has been actively involved in the oil and gas industry since 1981 with offices located in Carrolton, Texas.
  • For additional information, view the companys website at www.mdmpermian.com or contact MDM Permian, Inc. at (214) 651-9900