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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Form 10-K/A
(Mark one)
[X]
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE TRANSACTION PERIOD FROM ________ TO ________
COMMISSION FILE NUMBER 1-10509
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SNYDER OIL CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 75-2306158
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
777 MAIN STREET 76102
FORT WORTH, TEXAS (Zip Code)
(Address of principal executive offices)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (817) 338-4043
SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:
NAME OF EACH EXCHANGE
TITLE OF EACH CLASS ON WHICH REGISTERED
- ----------------------------------------------- -------------------------------
COMMON STOCK NEW YORK STOCK EXCHANGE
$6.00 CONVERTIBLE EXCHANGEABLE PREFERRED STOCK NEW YORK STOCK EXCHANGE
7% CONVERTIBLE SUBORDINATED NOTES NEW YORK STOCK EXCHANGE
SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:
NONE
(Title of class)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No _____
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [ ]
Aggregate market value of the common stock held by non-affiliates of
the registrant as of March 10, 1997................................$482,325,221
Number of shares of common stock outstanding as of March 10, 1997....31,268,557
DOCUMENTS INCORPORATED BY REFERENCE
Part III of this Report is incorporated by reference to the
Registrant's definitive Proxy Statement relating to its Annual Meeting of
Stockholders, which will be filed with the Commission no later than April 30,
1997.
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SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
/s/ James H. Shonsey
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JAMES H. SHONSEY
Vice President - Finance
March 17, 1997
EXHIBIT 11.1
SNYDER OIL CORPORATION
Computation of Net Income (Loss) per Common Share
For The Years Ended December 31, 1994, 1995 and 1996
(In thousands except per share data)
<TABLE>
<CAPTION>
Year Ended December 31,
---------------------------------------------------
1994 1995 1996
------------- ------------- --------------
<S> <C> <C> <C>
Net income (loss) $12,372 ($39,831) $62,950
Dividends on preferred stock (10,806) (6,210) (6,210)
------------- ------------- --------------
Net income (loss) available to common $1,566 ($46,041) $56,740
============= ============= ==============
Weighted average shares outstanding 23,704 30,186 31,308
Assumed exercise of vested common stock options
net of treasury shares repurchased 290 138 179
Assumed conversion of 6% preferred stock 4,881 4,881 5,051
------------- ------------- --------------
Weighted average common stock and equivalents outstanding 28,875 35,205 36,538
============= ============= ==============
PRIMARY NET INCOME (LOSS) PER COMMON SHARE:
Net income (loss) $0.52 ($1.32) $2.01
Dividends on preferred stock (0.45) (0.21) (0.20)
------------- ------------- --------------
Net income (loss) available to common $0.07 ($1.53) $1.81
============= ============= ==============
FULLY DILUTED NET INCOME (LOSS) PER COMMON SHARE:
Net income (loss) $0.43 ($1.13) $1.72
Dividends on preferred stock 0.00 0.00 0.00
------------- ------------- --------------
Net income (loss) available to common $0.43 ($1.13) $1.72
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</TABLE>
