Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
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New words:
Beat, declared, expansion, irrevocably, listing, plant, prepaid, proxy, registration, Withdrawal
Removed:
appointed, code, continued, coverage, director, entitled, led, MEMP, resignation, resigned, scheduled, selected, serve, title, Willsher
Financial report summary
?Risks
- We may fail to complete the Merger in the anticipated time frame or at all. Our failure to complete the Merger could adversely affect the market price of our common stock and otherwise adversely affect our business, results of operations and financial condition.
- We are subject to business uncertainties while the Merger is pending, which could adversely affect our business, results of operations and financial condition.
- Our stockholders will be diluted by the Merger.
- Even if the Merger is completed, the integration of our business with that of Midstates may be more difficult, costly or time consuming than we expect and we may fail to realize the anticipated benefits of the Merger fully or at all.
- We expect to incur significant costs in connection with the Merger.
- We or Midstates may become the target of securities class action or derivative lawsuits that could result in substantial costs and may delay or prevent the Merger from being completed.
Management Discussion
- The results of operations for the year ended December 31, 2018, the period from May 5, 2017 through December 31, 2017, the period from January 1, 2017 through May 4, 2017, and the year ended December 31, 2016 have been derived from our consolidated financial statements.
- In addition, the comparability of the results of operations among the periods presented below is impacted by the application of fresh start accounting upon the emergence from bankruptcy. The Company’s Consolidated Financial Statements are separated into two distinct periods, the period before the Effective Date (labeled Predecessor) and the period after that date (labeled Successor), to indicate the application of different basis of accounting between the periods presented.
- As a result of the factors listed above, the historical results of operations and period-to-period comparisons of these results and certain financial data may not be comparable or indicative of future results.