Highest-materiality recent filing
Equus Total Return reports Q1 NAV of $1.50, up 26% from $1.19 at year-end 2025
Net assets as of March 31, 2026: $20.9 million, up from $16.6 million at December 31, 2025.
No accounting disagreements existed; BDO's reports for FY2024 and FY2025 were unqualified.
Equus Total Return reports Q4 2025 NAV of $1.19/share, down 37% from Q3
Net assets $16.6M as of Dec 31, 2025, down from $26.5M at Sep 30, 2025.
Equus Total Return receives NYSE non-compliance notice for share price below $1.00
NYSE notified Equus on May 15, 2025 that average closing price of common stock was below $1.00 over 30 trading days.
Equus Total Return reports Q1 NAV of $2.52 per share, up from $2.17 at year-end 2024
Net assets $34.2M as of March 31, 2025; NAV per share $2.52 vs. $2.17 at Dec 31, 2024 (16% increase).
NAV per share $2.17 as of Dec 31, 2024, down 27% from $2.96 on Sep 30, 2024.
Equus Total Return raises $2M via convertible note; invests $1.5M in GEVI note
Issued $2M senior convertible note (10% interest, 1-yr, conversion $1.50/share) plus warrants for 2M shares at $1.50.
Chairman Robert L. Knauss passed away on November 1, 2024.
Chairman Robert L. Knauss dies unexpectedly on Oct 16, 2024
Robert L. Knauss, Chairman of the Board, died unexpectedly on October 16, 2024.
Equus Q4 NAV $3.55; Morgan E&P fair value up $7.6M, Equus Energy down $5.5M
Net assets $48.3M as of Dec 31, 2023; NAV per share $3.55 vs $3.49 prior quarter.
Equus subsidiary Morgan E&P completes two Bakken wells; proved reserves PV10 up 135%
Morgan E&P completed two horizontal wells (Baranko 1-28H and Obrigewitch 1-33H) producing >1,000 bbl/d combined.
Equus Total Return NAV rises to $3.49 per share; Morgan E&P drills two wells
Net assets as of Sept 30, 2023: $47.1M, NAV per share $3.49, up from $2.96 on June 30.
Equus Total Return Q2 2023 NAV per share $2.96, up from $2.52 Q1
Net assets of $40.1 million as of June 30, 2023; NAV per share $2.96, up 17.5% from $2.52 at March 31, 2023.
Acquired 4,747.52 net acres in Bakken/Three Forks formation, Williston Basin, North Dakota.
Net asset value per share decreased to $2.68 as of Sept 30, 2022 from $2.75 as of June 30, 2022.
Shareholders holding 53% of shares (7,166,015) authorized Board to withdraw BDC election by Feb 28, 2023.
Shareholders holding 55.64% of outstanding common stock (7,511,448 shares) authorized BDC election withdrawal.
Also on December 30, 2024, the Board appointed John J. May as an independent director to fill the vacancy on the Board resulting from the recent passing of Robert L. Knauss, to serve until the next annual meeting of the Company’s shareholders.
On December 30, 2024, the Board of Directors (“Board”) of Equus Total Return, Inc. (the “Company”) appointed Fraser Atkinson as its independent Chairman.
On October 17, 2024, Equus Total Return, Inc. (the “Company”) was informed of the unexpected death of Chairman Robert L. Knauss, who passed away on October 16, 2024.
Max materiality 0.75 · Median 0.55 · Most common event other_material