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Stock Market & Financial Investment News

News Breaks
July 3, 2014
08:35 EDTMHR, GPOR, ARAntero 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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September 1, 2015
08:10 EDTGPORSunTrust identifies E&P companies with 'most optionality'
SunTrust says that Carrizo Oil & Gas (CRZO), Concho Resources (CXO), Gulfport Energy (GPOR), and PDC Energy (PDCE) "can thrive" if oil prices rise to $55 per barrel and can "easily survive" if oil prices fall to $35 per barrel. The firm says these four companies are "best positioned to take advantage of either type of oil environment." It keeps Buy ratings on all four names.
August 24, 2015
12:20 EDTMHREnergy Transfer Equity bids for Magnum Hunter Eureka stake, Bloomberg says
Energy Transfer Equity (ETE) is making a bid to acquire Magnum Hunter Resources' (MHR) stake in the Eureka Hunter Pipeline, Bloomberg reports, citing people with knowledge of the matter. The approximately 46% stake may be worth as much as $600M, the report says. Reference Link
12:02 EDTMHREnergy Transfer Equity bids for Magnum Hunter Eureka stake, Bloomberg says
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August 19, 2015
07:45 EDTARAntero Resources to build $275M advanced wastewater treatment complex
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