other material
confidence high
sentiment negative
materiality 0.55
Equus Total Return reports Q3 2024 NAV per share of $2.96, down 19% from prior quarter
EQUUS TOTAL RETURN, INC.
- Net assets fell to $40.2M from $49.8M at June 30; NAV per share $2.96 vs $3.66.
- Fair value of Morgan E&P dropped $7.0M to $19.0M due to 17.6% oil price decline and lower production.
- Fair value of Equus Energy decreased $2.0M to $8.0M, also driven by lower oil prices.
- Shares outstanding unchanged at 13,586; comparative NAV data provided back to Sept 2023.