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Stock Market & Financial Investment News

News Breaks
July 3, 2014
08:35 EDTGPOR, AR, MHRAntero Utica wells look 'by far the best overall,' says RBC Capital
After the Ohio Department of Natural Resources released data on 91 net Utica wells that came online in Q1, RBC says Antero Resources' (AR) Utica wells looked to be "by far the best overall." The firm says Antero had five of the top 10 overall producers on a Boepd basis, and nine of the top 10 wells in terms of oil production alone. RBC views Gulfport Energy's (GPOR) wells as solid and notes Magnum Hunter (MHR) had the best well in the sample with a rate of 3,848 Boepd over eight days.
News For AR;GPOR;MHR From The Last 14 Days
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August 27, 2014
09:10 EDTARAntero Resources upgraded to Accumulate from Hold at KLR Group
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August 26, 2014
16:09 EDTARAntero Resources raises FY14 production view to an average of 9901,010 MMcfe/d
Driven by the successful execution of Antero's development program to date, along with its positive operating outlook for the remainder of the year, the Company is raising 2014 net production guidance to an average of 990 1,010 MMcfe/d, which is a 5% increase from the midpoint of previously announced guidance. Antero estimates that second half 2014 net production will average 1,160 MMcfe/d, an increase of 100 MMcfe/d or 9% from the midpoint of previously estimated second half 2014 production. Additionally, the average production target for 2015 has been increased to 1.5 Bcfe/d from a previous 1.4 Bcfe/d and the2016 target has been increased to 2.2 Bcfe/d from a previous 2.1 Bcfe/d. The Company has accelerated its initiatives to develop the highly rich gas areas of its Marcellus and Utica assets.The development program is focused on the highly rich gas areas as the liquids component of the production stream allows for attractive rates of return in current price environments.
August 22, 2014
15:49 EDTMHRMagnum Hunter files to sell 23.57M shares of common stock for holders

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