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, Inc. (NYSE: EQS) reported net assets of $35.2 million as of December 31, 2022, a decline from $36.2 million at the previous quarter. The net asset value per share decreased to $2.61, down from $2.68. Despite an increase in fair value of Equus Energy from $13 million to $15.65 million, the overall net asset value fell due to higher professional fees and expenses related to due diligence on potential transformative transactions. West Texas Intermediate crude prices rose from $75.33 to $80.16 per barrel, contributing to the increased valuation of Equus Energy's holdings in the Permian Basin.
Equus Total Return, Inc. (NYSE: EQS) announced its third quarter net asset value (NAV) on November 14, 2022, reporting net assets of $36.2 million, down from $37.2 million in the previous quarter. The net asset value per share decreased to $2.68 from $2.75. The decline in net assets is attributed to increased professional fees for potential transformative transactions. Shareholders authorized the withdrawal of the company's business development company classification, potentially signaling a strategic shift.
Equus Total Return, Inc. (NYSE: EQS) reported net assets of $36.2 million and a decrease in net asset value per share to $2.68 as of September 30, 2022, down from $2.75 as of June 30, 2022. The company's portfolio investments did not change in fair value during the quarter. The decrease in net assets was attributed to increased professional fees and expenses for due diligence on potential transactions. Subsequently, shareholders authorized the withdrawal of the company’s business development company election, potentially transforming Equus into an operating company.