Lilis Energy, Inc. (LLEX): Price and Financial Metrics
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LLEX Price/Volume Stats
|Current price||$0.26||52-week high||$0.89|
|Prev. close||$0.26||52-week low||$0.13|
|Day high||$0.26||Avg. volume||5,858,145|
|50-day MA||$0.21||Dividend yield||N/A|
|200-day MA||$0.24||Market Cap||24.71M|
Lilis Energy, Inc. (LLEX) Company Bio
Lilis Energy, Inc., an independent oil and gas company, acquires, drills for, and produces oil and natural gas properties and prospects in the United States. The company holds interests in the Delaware Basin and the Denver-Julesburg Basin. The company was formerly known as Recovery Energy, Inc. and changed its name to Lilis Energy, Inc. in December 2013. Lilis Energy, Inc. is based in San Antonio, Texas.
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Below are the latest news stories about Lilis Energy Inc that investors may wish to consider to help them evaluate LLEX as an investment opportunity.
Lilis Energy, Inc. (NYSE American: LLEX; OTC Pink: LLEXQ) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that it has received notification dated June 29, 2020 from the NYSE American LLC (the “NYSE American”) that the Company’s common stock has been suspended from trading on the NYSE American and that the NYSE American has determined to commence proceedings to delist the Company’s common stock. The NYSE American determined that the Company was no longer suitable for listing under Section 1003(c)(iii) of the NYSE American Company Guide after the Company’s June 29, 2020 disclosure that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United State...
Lilis has a restructuring plan that would wipe out common shareholders and reduce its debt by $35 million.
Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that it has filed petitions under Chapter 11 of the United States Bankruptcy Code to initiate voluntary cases in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”). The Chapter 11 petitions were filed in accordance with a Restructuring Support Agreement (the “RSA”) entered into among the Company and certain of its subsidiaries, certain investment funds and entities affiliated with Värde Partners, Inc. (collectively, the “Värde Funds”), which collectively own all of the Company’s outstanding preferred stock, a subordinated portion of the indebtedness out...
Investors need to pay close attention to Lilis Energy (LLEX) stock based on the movements in the options market lately.
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