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Recounting Gastar's 2013 Turnaround

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By Chris Sheehan, Hart Energy
July 1, 2014

To rise fivefold from a January 2013 starting point of $1.23 per share to a recent investor-day closing price of $6.62 is no mean feat, even if, as a small-cap exploration and production (E&P) company, it is easier to chalk up growth off a smaller base of production. But in the case of Gastar Exploration Inc., the story that unfolds also mixes in drama, surprising twists and turns, and even a little intrigue.

For Gastar, the tale is about more than just engineering a turnaround. It is also about turning ...

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