UPDATE 1-Warren Resources files for Chapter 11 bankruptcy [Reuters]
WARREN RESOURCES (WRES)
US:NASDAQ Investor Relations:
phx.corporate-ir.net/3wnu.url
Company Research
Source: Reuters
WILMINGTON, Del. Warren Resources Inc, an exploration and production company with operations in California and Pennsylvania, filed for bankruptcy protection on Thursday, according to a court filing. The filing comes as a severe downturn in oil prices has forced scores of energy producers to file bankruptcy since the start of 2015. Up to a third of all producers may be at risk of bankruptcy if commodity prices remain weak, according to a study by consulting firm Deloitte. Warren Resources skipped a $7.5 million interest payment due Feb. 1 on its senior notes and the company defaulted 30 days later. The company listed assets of $230 million and debts of $545 million, as of Jan. 31, according to court documents. Warren Resources has said that as part of its plan to manage cash, it cut back capital expenditures and was exploring sales of assets. Warren Resources said in February that it received notification from Nasdaq that the market value of its
Show less
Read more
Impact Snapshot
Event Time:
WRES
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WRES alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WRES alerts
High impacting WARREN RESOURCES news events
Weekly update
A roundup of the hottest topics