Lilis Energy, Inc. (LLEX) News

Lilis Energy, Inc. (LLEX): $0.26

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Latest LLEX News From Around the Web

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 Receives Delisting Notice From NYSE American Transitions to OTC Pink Marketplace

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...

Yahoo | June 30, 2020

Lilis Energy Files for Bankruptcy

Lilis has a restructuring plan that would wipe out common shareholders and reduce its debt by $35 million.

Yahoo | June 29, 2020

Lilis Energy Voluntarily Files for Chapter 11 Bankruptcy

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...

Yahoo | June 29, 2020

Implied Volatility Surging for Lilis Energy (LLEX) Stock Options

Investors need to pay close attention to Lilis Energy (LLEX) stock based on the movements in the options market lately.

Yahoo Finance | June 24, 2020

INO, HEPA, HTZ and SINT among midday movers

Gainers: Lilis Energy (LLEX) +93%.Fuwei Films (FFHL) +52%.China Rapid Finance (XRF) +50%.Kitov Pharma (KTOV) +49%.Translate Bio (TBIO) +42%.Inovio Pharmaceuticals (INO) +39%.Neuronetics (STIM) +35%.Cyclerion Therapeutics (CYCN) +35%.Seanergy Maritime (SHIP) +33%.Hepion Pharmaceuticals (HEPA) +24%.Losers: Sintx Technologies (SINT) -32%.Kirkland's (KIRK) -27%.Nemaura Medical (NMRD) -25%.Mer Telemanagement Solutions (MTSL) -19%.Miragen Therapeutics (MGEN) -18%.Broadway Financial (BYFC) -17%.Hertz Global (HTZ) -16%.American Shared Hospital Services (AMS) -14%.Koss (KOSS) -13%.Sierra Metals (SMTS) -12%....

Seeking Alpha | June 23, 2020

Thinking about buying stock in Sunesis Pharmaceuticals, TOP Ships, Lilis Energy, Seanergy Maritime Holdings, or Plug Power?

NEW YORK, June 23, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SNSS, TOPS, LLEX, SHIP, and PLUG. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link….

PR Newswire | June 23, 2020

Enterprise Products (EPD) Q1 Earnings Beat, Capex View Cut

Higher pipeline transportation volumes of NGL aid Enterprise Products' (EPD) Q1 earnings.

Yahoo | May 4, 2020

Lilis Energy Announces 2019 Fourth Quarter and Full-Year Results

FORT WORTH, Texas, April 30, 2020 -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company"), an exploration and development company operating in the Permian Basin of West.

Yahoo | April 30, 2020

Lilis Energy Receives Additional Extension on Final Borrowing Base Deficiency Payment and Deferral on Borrowing Base Redetermination

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 the Company’s bank lending group has agreed to amend the existing revolving credit agreement to, among other things, extend the due date for the final installment payment of $7.75 million on the previously announced borrowing base deficiency from April 21, 2020 to June 5, 2020 as well as defer the timing of the scheduled spring borrowing base redetermination from on or about May 1, 2020 to on or about June 5, 2020. As previously reported, the first two borrowing base deficiency installment payments under the amended revolving credit agreement aggregating $17.25 million were funded on February 28, 2...

Yahoo | April 21, 2020

Lilis Energy Announces Actions in Response to Current Market Conditions and Director Resignations

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 the Company is taking measures to reduce costs given current market conditions. In response to unprecedented challenges faced across the industry, the Company has reduced G&A expense by approximately 50%, G&A headcount by approximately 44% and operating costs by approximately 50%. The Company has implemented salary reductions, a reduction in board size and compensation, furloughs and layoffs to achieve these reductions.

Yahoo | April 15, 2020


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