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Stock Market & Financial Investment News

News Breaks
July 3, 2014
05:53 EDTATHLAthlon Energy upgraded to Buy from Neutral at UBS
UBS upgraded Athlon Energy to Buy citing the company's better than expected well performance and conservative guidance. The firm expects Athlon to continue reporting better than expected results and it raised its price target for shares to $58 from $45.
News For ATHL From The Last 14 Days
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August 15, 2014
10:01 EDTATHLOn The Fly: Analyst Upgrade Summary
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09:15 EDTATHLAthlon Energy upgraded to Buy from Accumulate at Tudor Pickering
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07:50 EDTATHLAthlon Energy price target raised to $65 from $53 at Stephens
Stephens increased its price target on Athlon Energy to $65 after the company raised its production guidance and added to its Permian position with another acquisition. The firm maintains its Overweight rating on the stock.
August 14, 2014
10:05 EDTATHLOn The Fly: Analyst Upgrade Summary
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06:46 EDTATHLAthlon Energy upgraded at Credit Suisse
As previously reported, Credit Suisse upgraded Athlon Energy to Outperform from Neutral. The firm upgraded shares following Q2 results citing the pullback in shares and cites strong execution and increasing Midland Basin inventory. Price target raised to $51 from $50.
06:14 EDTATHLAthlon Energy upgraded to Outperform from Neutral at Credit Suisse
August 13, 2014
05:24 EDTATHLAthlon Energy acquires producing properties, undeveloped acreage for $382M
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05:23 EDTATHLAthlon Energy reports Q2 EPS ex-items 27c, consensus 28c
Reports Q2 revenue $136.51M, consensus $125.1M. Reports average daily production volumes for Q2 increased 96% to 21.9 MBOE/D as compared to 11.2 MBOE/D produced last year. Including the announced acquisitions and year-to-date operational outperformance, Athlon now expects daily production for 2014 to average between 24,500 to 25,000 BOE/D, representing growth exceeding 100% over 2013. For Q3, the company expects average daily production to range from 26,500 to 27,500 BOE/D, or approximately 110% growth over last year.

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