Ru Back Packer

Quotes delayed 20 minutes



If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Ru Back Packer Staff, updated Thursday, February 1, 2:48 AM

Slide #392. Miller Energy Resources, Inc. Preferred Stock Offering

Company: Miller Energy Resources, Inc. (MILL)
Date announced: 9/25/2012
Underwriters: MLV & Co., Maxim Group LLC, Williams Financial Group, and National Securities Corporation
Security type: 10.75% Series C Cumulative Redeemable Preferred Stock (MILL.PRC)
Date of Pricing: 9/28/2012
Price Per Share: $23.00
Closed Date: 10/5/2012
Final Completed Deal Size: 685,000.00
Preferred Stock Offering Details: Miller Energy Resources, Inc. announced that it has commenced an underwritten public offering of a newly-designated series of preferred stock, designated as its 10.75% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock"). The Company will file an application to list the Series C Preferred Stock on the New York Stock Exchange. MLV & Co., Maxim Group LLC, Williams Financial Group, and National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc, are acting as underwriters to offer and sell the Series C Preferred Stock, on a "best efforts" basis. MLV and Maxim Group will be acting as Joint Book-Running Managers and Williams Financial Group and National Securities Corporation as Co-managers for the offering. The Company intends to use the net proceeds from the offering for general corporate purposes. --updated 10/5/12 -- Miller Energy Resources, Inc. announced it has completed and closed its previously announced public offering of 10.75% Series C Cumulative Redeemable Preferred Stock. The Company issued 685,000 shares of the Series C Preferred stock at a price of $23.00 per share, yielding gross proceeds of $15.755 million. The underwriters for this offering included MLV & Co. and Maxim Group LLC, acting as Joint Book-Running Managers, and Williams Financial Group and National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. (OTCBB:NHLD), as Co-Managers.

Miller Energy Resources is an independent exploration and production company that utilizes seismic data and other technologies for geophysical exploration, development and operation of oil and gas wells in the Appalachian region of east Tennessee and in southcentral Alaska. Co.'s Alaskan activities include the Cook Inlet, Susitna Basins, and North Fork Unit. Occasionally, during times of excess capacity, Co. provides these services on a contract basis to third-party customers primarily engaged in oil and natural gas exploration and production. As of Apr 30 2014, Co.'s net proved oil and gas reserves were 6.10 billion barrels of oil and 27.64 billion cubic feet of natural gas.

Preferreds: MILL.PRC, MILL.PRD


Open the MILL Page at Ru Back Packer »
Open the MILL.PRC Page at Ru Back Packer for More Information About this Preferred »

Name: Miller Energy Resources, Inc.
Website: millerenergyresources.com
Sector: Oil & Gas Exploration & Production

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference

The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 392 of 414 | rubackpacker.com | Copyright © 2011 - 2018, All Rights Reserved