SEC Filing Summary: Midstates Petroleum Company, Inc.
Business Context and Reporting Period
This Form 8-K was filed by Midstates Petroleum Company, Inc. on February 15, 2017, reporting events occurring on February 14, 2017. The filing serves to disclose the issuance of a press release regarding the Company's proved reserves for the fiscal year ended December 31, 2016.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document solely references the existence of a press release (Exhibit 99.1) containing proved reserve data for the year ended December 31, 2016.
Material Changes
No material changes in financial performance or operational metrics are detailed within the body of this filing. The report is limited to the announcement of the proved reserves update.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors. It explicitly states that the information furnished regarding proved reserves is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934 and will not be incorporated by reference into other registration statements unless specifically identified.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated February 14, 2017) for specific proved reserve volumes and valuation.
- Verify the Company's name; the filing is for Midstates Petroleum Company, Inc., not Amplify Energy Corp.
- Confirm the fiscal year-end date for the reported reserves is December 31, 2016.
- Note that the reserve data in this filing is not incorporated by reference into other SEC documents.