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11/12/15Forestar Commences Sale Process for Non-Core Assets
AUSTIN, Texas--(BUSINESS WIRE)--Nov. 12, 2015-- Forestar Group Inc. (NYSE: FOR) (“Forestar” or the “Company”) today announced that its Board of Directors has approved the Company’s engagements of Eastdil Secured to sell the Radisson Hotel & Suites in Austin, Texas, and Tudor, Pickering, Holt & Co. to sell Forestar’s non-core oil and gas assets in the Bakken/Three Forks formations in North Dakota. “Forestar is focused on creating value thro... 
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11/04/15Forestar Group Inc. Reports Third Quarter 2015 Results
Tremendous changes at Forestar including four key initiatives: Reducing costs across the entire organization Reviewing entire portfolio of assets Reviewing capital structure Reviewing additional disclosures AUSTIN, Texas--(BUSINESS WIRE)--Nov. 4, 2015-- Forestar Group Inc. (NYSE: FOR) (“Forestar” or the “Company”) today reported a third quarter 2015 net loss of app... 
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10/14/15Forestar Group to Release Third Quarter 2015 Results on November 4, 2015
AUSTIN, Texas--(BUSINESS WIRE)--Oct. 14, 2015-- Forestar Group Inc. (NYSE: FOR) will release its results for third quarter 2015 on November 4, before the market opens. The company will host a conference call on Wednesday, November 4, 2015 at 10:00 a.m. ET to discuss results of third 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 ... 
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10/02/15Forestar Announces CFO Transition
AUSTIN, Texas--(BUSINESS WIRE)--Oct. 2, 2015-- Forestar Group Inc. (NYSE: FOR) today announced that Christopher L. Nines, Chief Financial Officer, stepped down September 30, 2015. The Board of Directors has named Charles D. Jehl, Executive Vice President – Oil & Gas, as Chief Financial Officer. Mr. Jehl served as Forestar’s Chief Accounting Officer from 2006 to 2013, and prior to joining Forestar was Chief Operations Officer and Chief Financial Officer o... 
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09/28/15Forestar Announces CEO Transition, Management Promotions and Board Retirements
AUSTIN, Texas--(BUSINESS WIRE)--Sep. 28, 2015-- Forestar Group Inc. (NYSE: FOR) today announced that James M. DeCosmo, President and Chief Executive Officer, stepped down September 25, 2015. The Board of Directors has named Phillip J. Weber, Chairman of the company’s Real Estate Investment Committee and formerly Executive Vice President – Water Resources, as Chief Executive Officer. Prior to joining Forestar, Mr. Weber served in key executive positions a... 
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08/05/15Forestar Group Inc. Reports Second Quarter 2015 Results
AUSTIN, Texas--(BUSINESS WIRE)--Aug. 5, 2015-- Forestar Group Inc. (NYSE: FOR) today reported a second quarter 2015 net loss of approximately ($34.5) million, or ($1.01) per share outstanding, compared with second quarter 2014 net income of approximately $14.8 million, or $0.34 per share outstanding. Second quarter 2015 results include non-cash charges of approximately ($36.7) million, or ($1.07) per share, after-tax, principally related to impairment of... 
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07/28/15Forestar 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 ... 
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07/15/15Forestar 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 ... 
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05/12/15Forestar to Focus on Core Real Estate Business Following Strategic Review
Acquiring, Entitling and Developing Residential and Mixed-Use Communities 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... 
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05/06/15Forestar 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 so... 
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04/20/15Forestar Group to Release First Quarter 2015 Results on May 6, 2015
AUSTIN, Texas--(BUSINESS WIRE)--Apr. 20, 2015-- Forestar Group Inc. (NYSE: FOR) will release its results for first quarter 2015 on May 6, before the market opens. The company will host a conference call on Wednesday May 6, 2015 at 10:00 a.m. ET to discuss results of first quarter 2015. To access the conference call, listeners calling from North America should dial 1-877-415-3185 at least 15 minutes prior to the start of the call. T... 
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03/13/15Forestar Terminates Shareholder Rights Plan
AUSTIN, Texas--(BUSINESS WIRE)--Mar. 13, 2015-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) today announced that its Board of Directors has approved the termination of its Shareholder Rights Plan adopted in December 2007, advancing its expiration date from December 11, 2017 to March 13, 2015. Effective at 5:00 p.m. Eastern Time on March 13, 2015, the Shareholder Rights Plan and the associated rights will expire and will be of no further... 
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03/05/15Forestar Reports Full Year and Fourth Quarter 2014 Results
Delivering record real estate segment earnings with highest lot sales and margins since 2006 Generating 20% oil and gas production and reserve growth Repurchasing almost $25 million of common stock AUSTIN, Texas--(BUSINESS WIRE)--Mar. 5, 2015-- Forestar Group Inc. (NYSE: FOR) today reported full year 2014 net income of approximately $16.6 million, or $0.38 per diluted share, compared with full year... 
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02/09/15Forestar Announces Director Nomination Agreement with Cove Street Capital and SpringOwl Associates
AUSTIN, Texas--(BUSINESS WIRE)--Feb. 9, 2015-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) today announced that it has reached an agreement with Cove Street Capital, LLC and SpringOwl Associates, LLC, regarding the membership and composition of the Board of Directors of the Company. Under the terms of the agreement, the Company appointed Daniel B. Silvers of SpringOwl Asset Management LLC and David L. Weinstein, former Pr... 
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01/29/15Forestar Announces Oil and Gas Cost and Capital Reduction Initiatives and Updates Segment Earnings Guidance
AUSTIN, Texas--(BUSINESS WIRE)--Jan. 29, 2015-- Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) today announced cost and capital reductions and updated fourth quarter 2014 earnings guidance related to its oil and gas segment. Prior to completion of the previously-announced review of strategic alternatives, including a review of the oil and gas business, the Company has implemented a number of initiatives to significantly reduce ... 
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01/23/15Forestar Group to Release Fourth Quarter and Full Year 2014 Results on March 5, 2015
AUSTIN, Texas--(BUSINESS WIRE)--Jan. 23, 2015-- Forestar Group Inc. (NYSE: FOR) will release its results for fourth quarter and full year 2014 on March 5, before the market opens. The company will host a conference call on Thursday, March 5, 2015 at 10:00 a.m. ET to discuss results of fourth quarter and full year 2014. To access the conference call, listeners calling from North America should dial 1-866-318-8613 at least 15 minutes prior ... 
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01/06/15Forestar Comments on Letter from SpringOwl and Cove Street
AUSTIN, Texas--(BUSINESS WIRE)--Jan. 6, 2015-- Forestar Group Inc. (“Forestar”) (NYSE: FOR) today issued the following statement in response to the letter issued by SpringOwl Asset Management LLC (“SpringOwl”) and Cove Street Capital LLC (“Cove Street”): The Forestar Board of Directors and management team are committed to maximizing shareholder value. To that end, as announced on December 8, 2014, Forestar is fully engaged in exploring strategic ... 
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