Welcome to our dedicated page for Equus Total Return news (Ticker: EQS), a resource for investors and traders seeking the latest updates and insights on Equus Total Return stock.
Equus Total Return Inc (NYSE: EQS) provides investors with strategic insights through its focused middle market investments. This page aggregates all official announcements and press releases from the closed-end management company, serving as a definitive source for tracking its financial activities.
Access real-time updates on earnings reports, portfolio company developments, and strategic transactions including leveraged buyouts and recapitalizations. Investors benefit from centralized access to material disclosures that impact investment decisions, while analysts gain structured data for market evaluations.
Content spans quarterly results, partnership announcements, leadership updates, and operational milestones. All information is sourced directly from company filings and verified releases to ensure regulatory compliance and factual accuracy.
Bookmark this page for streamlined monitoring of EQS's evolving investment strategies and sector-specific developments. Regular visits provide critical insights into how the company navigates middle market opportunities through its distinctive transaction models.
Equus Total Return (NYSE: EQS) reported net assets of $45.9 million as of March 31, 2024, down from $48.3 million at the end of 2023. The net asset value (NAV) per share decreased to $3.38 from $3.55 over the same period. Morgan E&P, a subsidiary, acquired 5,897.52 net leasehold acres in North Dakota's Bakken/Three Forks formation and began production on two wells. However, Morgan's debt increased by $2.2 million, and its fair value dropped by $1.35 million to $21.25 million due to various factors. The company also incurred operating expenses mainly from professional fees and insurance.