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Stock Market & Financial Investment News

News Breaks
November 1, 2012
05:03 EDTATLSAtlas Energy Q3 average net daily production was 96.3 Mmcfed
This was an increase of approximately 33.7 Mmcfed, or 54%, compared with Q2 of 2012.
News For ATLS From The Last 14 Days
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May 10, 2013
10:00 EDTATLSOn The Fly: Analyst Downgrade Summary
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06:17 EDTATLSAtlas Energy downgraded to Neutral from Outperform at RW Baird
Baird downgraded Atlas Energy due to valuation. Price target is $30.
May 9, 2013
07:35 EDTATLSPlatts to host a conference
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May 8, 2013
19:15 EDTATLSAtlas Energy confirms FY13 distribution guidance
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19:14 EDTATLSAtlas Energy increases Q1 distribution
ATLS declared a cash distribution of 31c per limited partner unit forQ1, which represents a 1c per unit, or 3%, increase over 4Q12. TheQ1 distribution will be paid on May 20 to holders of record as of May 6.
19:12 EDTATLSAtlas Energy reports Q1 EPS (25c), may not compare to consensus (1c)
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May 7, 2013
17:34 EDTATLSAtlas Energy announces Atlas Pipeline's closing of $1B TEAK Midstream acquisition
Atlas Energy (ATLS) announces that its midstream subsidiary, Atlas Pipeline Partners (APL), has closed on its previously announced purchase of TEAK Midstream. The effective date of the acquisition was April 1. Final cash consideration for TEAK totaled $1B, subject to working capital and other adjustments contemplated by the Purchase and Sale Agreement. Based on the forecasted earnings and cash flow from the TEAK assets, ATLS expects to receive an additional $25M-$40M of annual distributable cash flow as the acquired assets grow and mature in the future. This represents approximately 45c-75c per ATLS common unit of additional distributable cash flow on an annualized basis.

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