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News Breaks | | | | February 26, 2013 | | 05:49 EDT |  | ATLS | Atlas Energy upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Atlas Energy after transferring research coverage of the stock citing valuation and the company's robust growth outlook. The firm raised its price target range for shares to $48-$50 from $35-$38. | |
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News For ATLS From The Last 14 Days Check below for free stories on ATLS the last two weeks. |
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| June 11, 2013 | | 07:38 EDT |  | ATLS | EnerCom to host a conference
 Subscribe for More Information | | | June 10, 2013 | | 07:23 EDT |  | ATLS | Atlas Energy sees 2014 distribution $2.50-$2.80 following acquisition
Atlas Energy (ATLS) announced that its E&P subsidiary, Atlas Resource Partners (ARP), has entered into a definitive agreement to acquire approximately 466 Bcf of natural gas proved reserves in the Raton and Black Warrior Basins from EP Energy E&P Company, a wholly owned subsidiary of EP Energy, for $733M. In addition, ATLS will acquire approximately 45 Bcf of natural gas proved reserves in the Arkoma Basin from EP Energy for approximately $67M. The transaction, which is expected to close in the third quarter 2013 and is subject to purchase price adjustments, will have an effective date of May 1. As a result of the transaction, ATLS is now providing full year 2014 distribution guidance of $2.50-$2.80 per unit, representing approximately a 115% increase compared to the most recent annualized distribution of $1.24. | | | 07:19 EDT | | ATLS | Atlas Resource Partners to acquire nat gas reserves from EP Energy for $733M
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