Gastar Exploration Inc.
Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $72.1M | $58.3M | $107.3M | $171.4M | $87.8M | $49.9M |
| Operating income | $4.3M | −$60.6M | −$428.8M | $78.5M | $18.8M | −$153.5M |
| Net income | −$18.7M | −$69.9M | −$459.5M | $51.0M | $49.3M | −$153.8M |
| Total assets | $380.1M | $300.2M | $429.5M | $775.8M | $589.9M | $290.1M |
| Total liabilities | — | — | — | — | — | — |
| Equity | −$31.8M | −$140.4M | −$120.2M | $350.3M | $210.0M | $126.5M |
| EPS (diluted) | $-0.14 | $-0.93 | $-6.11 | $0.55 | $0.63 | $-2.53 |
| Shares out. | 186.1M | 81.8M | 80.2M | 61.9M | 61.2M | 66.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- 5.9%
- Net margin
- −25.9%
- Return on equity
- 58.7%
- Return on assets
- −4.9%
- Return on capital (ROCE)
- 1.3%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-0.17
- Revenue growth (YoY)
- 23.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2017- Accruals / assets
- −10.2%clean
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 1 warning● 5 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 8, 2018
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Gerlich Michael AOfficer — Senior VP & CFO | Jan 3, 2019 | Sell | 2,000 | $0.03 |
| Gerlich Michael AOfficer — Senior VP & CFO | Dec 27, 2018 | Sell | 2,525 | $0.03 |
| Holditch Stephen ADirector | Dec 21, 2018 | Sell | 217,938 | $0.00 |
| Roberts Stephen PhillipOfficer — Senior VP & COO | Jun 14, 2018 | D | 500,000 | $0.70 |
| Gerlich Michael AOfficer — Senior VP & CFO | Jun 19, 2018 | D | 240,000 | $0.70 |
| Quarls HarryDirector | May 14, 2018 | Grant | 68,832 | $0.00 |
| Porter J RussellOfficer — Former CEO & President | Apr 10, 2018 | Tax withholding | 978,126 | $0.63 |
| Holditch Stephen ADirector | Mar 22, 2018 | Buy | 25,000 | $0.76 |
| Schuyler Jerry ROfficer — Interim Chief Exec Officer | Mar 13, 2018 | Grant | 652,570 | $0.00 |
| Penner Robert DavidDirector | Feb 12, 2018 | Tax withholding | 15,060 | $1.12 |
| Ares Management LlcDirector | Jan 30, 2018 | Grant | 62,500 | $0.00 |
| Schuyler Jerry RDirector | Jan 30, 2018 | Grant | 62,500 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · New financial obligation · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventJan 22, 2019
- Regulation FD disclosureJan 4, 2019
- Bankruptcy or receivershipDec 28, 2018
- Bankruptcy or receivership · Modified shareholder rights · Other material eventDec 18, 2018
- Entered a material agreement · Regulation FD disclosure · Other material eventNov 16, 2018
- Results of operationsNov 14, 2018
- Modified shareholder rights · Other material eventNov 7, 2018
- Bankruptcy or receivership · Debt acceleration / triggering event · Regulation FD disclosure · Other material eventNov 1, 2018
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/AAMENDMENT NO. 1Feb 14, 2020
- SC 13GFeb 14, 2019
- SC 13G/AGASTAR EXPLORATION INC.Feb 14, 2019
- 15-12BFORM 15-12BJan 22, 2019
- 8-KJan 22, 2019
- 8-KJan 4, 2019
- 4FORM 4 SUBMISSIONJan 3, 2019
- 8-KDec 28, 2018
- 4FORM 4 SUBMISSIONDec 28, 2018
- EFFECTDec 26, 2018
- 4FORM 4 SUBMISSIONDec 26, 2018
- S-8 POSDec 21, 2018
- S-8 POSDec 21, 2018
- S-8 POSDec 21, 2018
- POS AMDec 21, 2018
Event-driven situations (1)
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