
Dec 16 (Reuters) - Kirk Kerkorian-backed Delta Petroleum Corp filed for Chapter 11 bankruptcy protection, as unproductive assets hindered the gas-focussed energy company's efforts to find a buyer.
Delta Petroleum loses 24% in premarket trading after filing for bankruptcy due to its inability to secure financing to repay debt. The company listed assets and liabilities in the range of $100M-$500M in a court filing. Post your comment!
By Brian Nichols : In late February there were a dozen small cap, and large cap, energy stocks that posted very large gains in a matter of days. The gains were caused by an increase in the price of crude and optimism surrounding natural gas. Yet of all the energy stocks that posted gains, Royale ...
Delta Petroleum ( DPTR -8.3% ) trades lower after S&P cut the shares a notch further into junk territory and lowered its outlook to negative late
Shares of microcap Delta Petroleum ( DPTR ) crater, down 61% , after the company rocks the boat by saying a deal to restructure itself could be highly dilutive to shareholders
Nov 9 (Reuters) - Delta Petroleum Corp swung to a third-quarter loss, hurt by a sixteen-fold jump in operating costs, and the gas focused company said it may file for bankruptcy protection.
Delta Petroleum ( DPTRD ) is up 13.5% after announcing strong initial results for its 2C gas well, which began production on Wednesday. The company will be releasing Q2 results on 8/4. Post your comment!
Delta Petroleum ( DPTR ) jumps 6.7% after announcing it's exploring its strategic alternatives, including a possible sale of the company, with
Premarket gainers: DPTR +7% . SODA +3% . RENN +3% . SZYM +3% . Losers: ZLCS -7% . OVTI -5% . BCS -4% . AIXG -4% . NBG -4% . STD -3% . SBNY -3% . ING -3% . CS -3% . Post your comment!
* Process aimed at dealing with 2012 debt maturities (Follows alerts)