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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:22 EDTAMZGAmerican Eagle Energy price target lowered to $10 from $12 at SunTrust
SunTrust lowered American Eagle Energy's price target to $10 from $12 following the equity offering and 1-for-4 reverse stock split. The firm maintains its Buy rating due to increased confidence it the Bakken formation and western acreage.
News For AMZG From The Last 14 Days
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September 24, 2014
07:06 EDTAMZGAmerican Eagle Energy sees Q3 production 2,100 BOEPD-2,200 BOEPD
American Eagle's goal for 2014 was to exit the year at or above 3,000 BOEPD. The company believes that goal could be achieved prior to the end of the year. Depending upon timing of well completions scheduled for the fourth quarter of 2014, the exit rate for 2014 should range between 2,700 to over 3,000 BOEPD. The new exit rate range guidance is the result of the company's decision to focus on controlling costs, to the extent possible, by increasing pad development and avoiding stimulation of wells during the coldest part of winter. The early onset of severe weather could impact the rate by limiting completions in December. USG Midstream estimates its gas line to the Tioga processing facility will be operational in October. If so, the company could achieve full gas sales from connected operated wells during Q4.
07:04 EDTAMZGAmerican Eagle Energy announces operational update
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September 22, 2014
08:36 EDTAMZGAmerican Eagle Energy price target lowered to $6 from $8 at SunTrust
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