Energy 11, L.P. (the “Partnership”) is a Delaware limited partnership formed to acquire producing and non-producing oil and natural gas properties onshore in the United States and to develop those properties. The initial capitalization of the Partnership of $1,000 occurred on July 9, 2013. The Partnership completed its best-efforts offering on April 24, 2017 with a total of approximately 19 million common units sold for gross proceeds of $374.2 million and proceeds net of offering costs of $349.6 million.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Energy 11 Operating Company, LLC • Energy 11 Management, LLC ...
IRS number
463070515
Latest filings (excl ownership)
8-K
Other Events
17 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Entry into a Material Definitive Agreement
28 Feb 24
8-K
Other Events
29 Jan 24
8-K
Other Events
26 Jan 24
8-K
Other Events
19 Dec 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
8-K
Entry into a Material Definitive Agreement
29 Jun 23
8-K
Other Events
1 Jun 23
Latest ownership filings
4
DAVID S MCKENNEY
13 Apr 23
4
Michael J. Mallick
13 Apr 23
4
Anthony F. Keating III
13 Apr 23
4
GLADE M KNIGHT
13 Apr 23
4
Anthony F. Keating III
10 Apr 17
4
Michael J. Mallick
10 Apr 17
4
DAVID S MCKENNEY
10 Apr 17
4
GLADE M KNIGHT
28 Mar 16
4
DAVID S MCKENNEY
28 Mar 16
4
Michael J. Mallick
28 Mar 16
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 341.33 k | 341.33 k | 341.33 k | 341.33 k | 341.33 k | 341.33 k |
Cash burn (monthly) | 272.27 k | 265.33 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.81 mm | 1.76 mm | n/a | n/a | n/a | n/a |
Cash remaining | -1.46 mm | -1.42 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -5.4 | -5.3 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 23 | Anthony F. Keating III | Class B units | Sell | Dispose S | Yes | No | 0.01 | 44,375 | 443.75 | 0 |
12 Apr 23 | Anthony F. Keating III | Common Units | Sell | Dispose S | No | No | 23.07 | 5,000 | 115.35 k | 0 |
12 Apr 23 | Glade M Knight | Class B units | Buy | Acquire P | Yes | No | 0.01 | 39,937.5 | 399.38 | 39,937.5 |
12 Apr 23 | Glade M Knight | Common Units | Buy | Acquire P | No | No | 23.07 | 10,000 | 230.70 k | 15,000 |
12 Apr 23 | David S Mckenney | Class B units | Sell | Dispose S | Yes | No | 0.01 | 44,375 | 443.75 | 0 |
12 Apr 23 | David S Mckenney | Class B units | Buy | Acquire P | Yes | No | 0.01 | 4,437.5 | 44.38 | 4,437.5 |
12 Apr 23 | Michael J. Mallick | Class B units | Sell | Dispose S | Yes | No | 0.01 | 44,375 | 443.75 | 0 |
12 Apr 23 | Michael J. Mallick | Common Units | Sell | Dispose S | No | No | 23.07 | 5,000 | 115.35 k | 0 |