ARES - Gastar Exploration: It's Time
Earlier in Q1 Seeking Alpha published my article "Gastar Exploration: Profit As The Final Pieces Fall Into Place". That article details Gastar's (GST) very long road since the preferred and debt traded at levels indicating imminent bankruptcy in Q1 of 2016.
Source: WER
There have been several key updates to the firm's financial position and operations now that we have last quarter's figures.
First, President and CEO Russell Porter resigned late last month, resulting in a few potential implications. To start, Ares Management LP (ARES), the effective owner