Gastar Exploration Inc.
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Gastar Exploration Inc. - overview
Established
1987
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
Gastar Exploration Inc. is an oil and gas exploration company based in Houston, US, specializing in the development of unconventional resources and strategic acquisitions in the energy sector. Gastar Exploration Inc. operates in the exploration and production of oil and gas resources.
Founded in 1987 and headquartered in Houston, US, the company has made strategic pivots to focus on unconventional resource development. It has completed three notable deals, with the most recent transaction occurring on June 19, 2019, when it merged with Chisholm Oil & Gas LLC. Financial details of the deal were not disclosed. Gastar Exploration Inc.
primarily engages in the exploration and production of oil and natural gas, focusing on the development of high-potential energy resources. The company employs advanced technologies to enhance its production capabilities, targeting a diverse range of markets in the energy sector. In its most recent fiscal year 2016, Gastar Exploration Inc. reported a revenue of USD 58.
30 mn, with an EBITDA of USD -38. 60 mn, reflecting the challenges faced in the energy market during that period. Gastar Exploration Inc. intends to leverage recent developments to expand its operational capabilities and increase market reach.
The merger with Chisholm Oil & Gas LLC is expected to enhance resource management and operational efficiency. The combined entity aims to explore new opportunities in the oil and gas sector, with specific plans to target additional resources in North America and potentially enter new international markets. The outcomes of the June 2019 merger will influence future strategies and expansion plans.
Current Investors
Chisholm Oil and Gas LLC
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.gastar.com
Company Stage
Merged
Total Amount Raised
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Gastar Exploration Inc. - financials
| Fiscal Year Ended | Dec 31, 2016 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Gastar Exploration Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Gastar Exploration Inc. | - | ||||||||
| Private Debt | Completed | Gastar Exploration Inc. | - | ||||||||
| Growth | Completed | Gastar Exploration Inc. | - |
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Gastar Exploration Inc. - employee data
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