Forestar is a real estate and natural resources company with a strategy to recognize and responsibly deliver the greatest value from every acre.
Forestar Announces Second Quarter 2015 Charges Related to Non-Core Oil and Gas Assets
|AUSTIN, Texas--(BUSINESS WIRE)--Jul. 28, 2015--
Forestar Group Inc. (NYSE: FOR) today announced non-cash charges of
approximately ($57) million principally related to write-downs of
non-core oil and gas assets located in the Marchand prospect in Oklahoma
and Lansing-Kansas City formation in Nebraska and Kansas.
“Following completion of our strategic review in May, we are executing
initiatives focused on growing our core real estate business and
Forestar Group to Release Second Quarter 2015 Results on August 5, 2015
|AUSTIN, Texas--(BUSINESS WIRE)--Jul. 15, 2015--
Forestar Group Inc. (NYSE: FOR) will release its results for second
quarter 2015 on August 5, before the market opens.
The company will host a conference call on Wednesday, August 5, 2015 at
10:00 a.m. ET to discuss results of second quarter 2015.
To access the conference call, listeners calling from North America
should dial 1-855-546-9555 at least 15 minutes prior to the start of the
Forestar to Focus on Core Real Estate Business Following Strategic Review
|Acquiring, Entitling and Developing Residential and Mixed-Use
Investing in Multifamily Opportunities
Harvesting Cash Flow From Oil and Gas By Significantly Lowering
Investments and Operating Costs
Transitioning Timberland Into Real Estate Properties
AUSTIN, Texas--(BUSINESS WIRE)--May 12, 2015--
Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) announced
today that as a result of its strat... |
Forestar Group Inc. Reports First Quarter 2015 Results
|AUSTIN, Texas--(BUSINESS WIRE)--May 6, 2015--
Forestar Group Inc. (NYSE: FOR) today reported a first quarter 2015 net
loss of approximately ($8.2) million, or ($0.24) per share outstanding,
compared with first quarter 2014 net income of approximately $8.3
million, or $0.19 per share outstanding.
"Our first quarter operating results were adversely impacted principally
by timing of real estate sales activity and lower commodity prices. We
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