OverviewSuggest Edit

Gastar Exploration is an independent energy company engaged in the exploration, development, and production of oil, condensate, natural gas and NGLs. The Company's principal business activities include the identification, acquisition, and subsequent exploration and development of oil and natural gas properties with an emphasis on unconventional reserves, such as shale resource plays. Gastar Exploration holds a concentrated acreage position in what is believed to be the core of the STACK Play, an area of central Oklahoma which is home to multiple oil and natural gas-rich reservoirs, including the Meramec and Osage formations within the Mississippi Lime, the Oswego limestone, the Woodford shale and Hunton limestone formations.

TypePublic
HQHouston, US
Websitegastar.com
Employee Ratings0

Latest Updates

Employees (est.) (Nov 2018)46(-9%)
Revenue (FY, 2016)$58.3 M(-45%)
Share Price (Sep 2018)$0.1 (+2%)

Gastar Exploration Office Locations

Gastar Exploration has an office in Houston
Houston, US (HQ)
1331 Lamar St #650
Show all (1)

Gastar Exploration Financials and Metrics

Gastar Exploration Revenue

Gastar Exploration's revenue was reported to be $58.25 m in FY, 2016 which is a 45.7% decrease from the previous period.
USD

Net income (Q3, 2018)

(17.5m)

EBIT (Q3, 2018)

(7.1m)

Market capitalization (5-Sep-2018)

13.8m

Closing stock price (5-Sep-2018)

0.1

Cash (30-Sep-2018)

17.6m

EV

369.4m
Gastar Exploration's current market capitalization is $13.8 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

87.8m171.4m107.3m58.3m

Revenue growth, %

95%(37%)(46%)

Sales and marketing expense

19.3m

General and administrative expense

17.0m17.1m19.4m16.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

18.8m32.3m35.9m41.7m34.4m21.9m28.4m14.8m12.2m13.0m18.7m22.6m15.3m

Sales and marketing expense

6.0m

General and administrative expense

4.0m4.8m3.9m4.0m4.4m4.7m5.7m6.3m3.9m3.8m4.6m4.1m9.0m4.9m11.6m

Operating expense total

17.2m23.8m23.4m21.3m6.0m129.4m208.7m75.4m17.3m5.0m14.4m16.8m17.5m26.5m35.9m25.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

32.4m11.0m50.1m71.5m13.3m

Accounts Receivable

251.7m

Inventories

Current Assets

55.2m63.6m85.0m105.4m54.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

49.3m51.0m(459.5m)(89.1m)(46.8m)

Depreciation and Amortization

32.4m46.2m62.9m29.7m24.0m

Inventories

Accounts Payable

1.6m(4.6m)3.7m8.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

49.7m1.6m7.2m20.7m614.0k(113.8m)(302.0m)(69.9m)(84.3m)(84.5m)(18.7m)(21.5m)(33.8m)(15.5m)(51.3m)

Depreciation and Amortization

21.4m12.4m22.7m33.8m14.5m30.6m45.9m13.7m19.3m24.5m4.7m10.7m16.8m9.0m16.6m

Accounts Payable

733.0k4.2m9.6m4.1m19.8m(4.8m)(289.0k)11.5m570.0k7.7m972.0k7.0m13.7m7.4m2.5m

Cash From Operating Activities

39.2m23.1m49.8m60.3m37.0m54.8m15.2m5.4m21.8m(7.6m)(16.6m)9.1m32.2m39.3m
USDY, 2018

EV/EBIT

-52.2 x

EV/CFO

9.4 x

Financial Leverage

-3 x
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Gastar Exploration News and Updates

Gastar Exploration Successfully Completes Financial Restructuring And Emergence From Bankruptcy

HOUSTON, Jan. 22, 2019 /PRNewswire/ -- Gastar Exploration Inc. (OTCQB: GSTC) (the "Company" or "Gastar") announced today that the conditions to effectiveness of its Chapter 11 Plan of Reorganization (as modified) (the "Plan"), which was confirmed by the United States Bankruptcy Court for...

Gastar Exploration Extends Marketing Process For Restructuring Transaction Proposals

HOUSTON, Nov. 16, 2018 /PRNewswire/ -- Gastar Exploration Inc. (OTCQB: GSTC) (the "Company" or "Gastar") announced today that it is extending its public marketing process for potential proposals to acquire the Company in conjunction with its court-supervised restructuring. The Company...

Gastar Exploration Announces Third Quarter 2018 Results

HOUSTON, Nov. 14, 2018 /PRNewswire/ -- Gastar Exploration Inc. (OTC Pink: GSTCQ) ("Gastar" or the "Company") today reported financial and operating results for the three and nine months ended September 30, 2018. As previously reported and as disclosed in more detail below under the...

Gastar Exploration Commences Trading on OTCQB

HOUSTON, Sept. 7, 2018 /PRNewswire/ -- Gastar Exploration Inc. (OTCQB: GSTC) ("Gastar" and the "Company") today announced that the Company's common stock will commence trading on the OTCQB over-the-counter market under the trading symbol "GSTC". Opening of over-the-counter trading in the...

Gastar Exploration Announces Suspension of Trading on the NYSE American Exchange and Expected Commencement of Over-the-Counter Trading

HOUSTON, Sept. 6, 2018 /PRNewswire/ -- Gastar Exploration Inc. (NYSE American: GST) ("Gastar") today announced that it received notification from the NYSE American LLC ("NYSE") that the NYSE has suspended trading of the Company's common stock on the exchange due to its abnormally low...

Gastar Exploration Inc. Series A and Series B Preferred Stock Holder retains Hunton Andrews Kurth and Surveys Preferred Stock Class

WILMINGTON, Del., Sept. 4, 2018 /PRNewswire/ -- Aedes LLC, a Delaware limited liability company, announced today that it has retained the law firm of Hunton Andrews Kurth LLP to advise and represent it in relation to its investment in the Series A and Series B Preferred Stock of Gastar...
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Gastar Exploration Frequently Asked Questions

  • How many employees does Gastar Exploration have?

    Gastar Exploration has 46 employees.

  • Who are Gastar Exploration competitors?

    Competitors of Gastar Exploration include Victory Energy, Foothills Exploration and T-Rex Oil.

  • Where is Gastar Exploration headquarters?

    Gastar Exploration headquarters is located at 1331 Lamar St #650, Houston.

  • Where are Gastar Exploration offices?

    Gastar Exploration has an office in Houston.

  • How many offices does Gastar Exploration have?

    Gastar Exploration has 1 office.