EQS - Mergers and acquisitions

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE:EQS) ("Equus" or the "Company") reports net assets as of September 30, 2024, of $40.2 million. Net asset value per share decreased to $2.96 as of September 30, 2024, from $3.66 as of June 30, 2024. Comparative data is summarized below (in thousands, except per share amounts):   As of the Quarter Ended9/30/20246/30/20243/31/202412/31/20239/30/2023Net assets$40,165$49,792$45,892$48,287$47,128Shares outstanding13,58613,58613,58613,58613,518Net assets per share$2.96$3.66$3.38$3.55$3.49       The following were the principal contributors to the changes in fair value of the Company's portfolio holdings in the third quarter

HOUSTON, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE:EQS) ("Equus" or the "Company") reports net assets as of June 30, 2024, of $49.8 million. Net asset value per share increased to $3.66 as of June 30, 2024, from $3.38 as of March 31, 2024. Comparative data is summarized below (in thousands, except per share amounts):   As of the Quarter Ended6/30/20243/31/202412/31/20239/30/20236/30/2023      Net assets$49,792$45,892$48,287$47,128$40,051Shares outstanding13,58613,58613,58613,51813,518Net assets per share$3.66$3.38$3.55$3.49$2.96       The following were the principal contributors to the changes in fair value of the Company's portfolio holdings in the second quarter o

HOUSTON, April 03, 2024 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE:EQS) ("Equus" or the "Company") reports net assets as of December 31, 2023, of $48.3 million. Net asset value per share increased to $3.55 as of December 31, 2023, from $3.49 as of September 30, 2023. Comparative data is summarized below (in thousands, except per share amounts): As of the Quarter Ended12/31/20239/30/20236/30/20233/31/202312/31/2022 Net assets$48,287$47,128$40,051$34,106$35,237Shares outstanding13,58613,51813,51813,51813,518Net assets per share$3.55$3.49$2.96$2.52$2.61  The following were the principal contributors to the changes in fair value of the Company's portfolio holdings in the fourth qua

HOUSTON, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE:EQS) ("Equus" or the "Company") reports net assets as of September 30, 2023, of $47.1 million. Net asset value per share increased to $3.49 as of September 30, 2023, from $2.96 as of June 30, 2023. Comparative data is summarized below (in thousands, except per share amounts):   As of the Quarter Ended9/30/20236/30/20233/31/202312/31/20229/30/2022Net assets$47,128$40,051$34,106$35,237$36,230Shares outstanding13,51813,51813,51813,51813,518Net assets per share$3.49$2.96$2.52$2.61$2.68       The following was the principal contributor to the increase in fair value of the Company's portfolio holdings in the third quarte

HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE:EQS) ("Equus" or the "Company") reports net assets as of June 30, 2023, of $40.1 million. Net asset value per share increased to $2.96 as of June 30, 2023, from $2.52 as of March 31, 2023. Comparative data is summarized below (in thousands, except per share amounts):   As of the Quarter Ended6/30/20233/31/202312/31/20229/30/20226/30/2022Net assets$40,051$34,106$35,237$36,230$37,155Shares outstanding13,51813,51813,51813,51813,518Net assets per share$2.96$2.52$2.61$2.68$2.75                                                                                                  The following was the principal

HOUSTON, May 22, 2023 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE:EQS) ("Equus" or the "Company") today announced the closing of a Purchase and Sale Agreement ("PSA") between Morgan E&P, LLC, ("Morgan"), a wholly-owned subsidiary of Equus, and Pro Energy I, LLC ("Pro Energy"). Pursuant to the PSA, Morgan has acquired 4,747.52 net acres, in the Bakken/Three Forks formation in the Williston Basin of North Dakota. In addition to other terms and conditions, including a payment of $500,000, Morgan is required to drill and complete a minimum of six wells within 18 months of receiving the first drilling permits. The average cost of drilling a new horizontal well is approximately $8.0 mill