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Stock Market & Financial Investment News

News Breaks
April 15, 2014
07:22 EDTGPOR, BCEI, SYRG, DVN, PXD, CPEGlobal Hunter Securities to hold a conference
1:1 Dallas Energy Day is being held in Dallas on April 15.
News For BCEI;CPE;DVN;GPOR;PXD;SYRG From The Last 14 Days
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March 30, 2015
08:59 EDTPXDPioneer Natural subsidiary receives imminent danger order by MSHA
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07:16 EDTDVNDevon Energy price target raised to $80 from $75 at Credit Suisse
Credit Suisse raised Devon's price target to $80 to reflect the updated reserve report. The firm reiterates its Outperform rating and sees catalysts from the drop down in of the Access Pipeline to EnLink and the delineation drilling in Lavaca County.
March 23, 2015
18:08 EDTDVNEnLink Midstream to acquire Victoria Express assets from Devon Energy
EnLink Midstream Partners (ENLK) announced that it has entered into an agreement to acquire the Victoria Express Pipeline and related truck terminal and storage assets from Devon Energy Corporation (DVN). Total consideration for the transaction is approximately $210M-$220M, including approximately $171M in cash, approximately 338,000 of the Partnership’s common units and EnLink’s assumption of approximately $30M-$40M in certain construction costs to expand the system to full capacity, subject to adjustments. The transaction, which is expected to close on or about April 1, subject to the satisfaction of certain conditions, is expected to be immediately accretive to the Partnership.
09:11 EDTCPECallon Petroleum announces agreement with Lone Star Value regarding board size
Callon Petroleum announced that it has entered into an agreement with Lone Star Value Management, pursuant to which Callon has agreed to expand the size of the company's board from seven to eight directors and to designate one new independent director – Michael Finch – to fill the newly-created directorship, effective the day prior to Callon's 2015 annual meeting of stockholders. Finch will also be nominated by the company for re-election to the board, at the company's 2015 annual meeting of stockholders, as a Class I director. Pursuant to its agreement with Callon, Lone Star Value has agreed to certain customary standstill and voting provisions.
07:16 EDTCPEHoward Weil to hold a conference
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March 18, 2015
09:31 EDTPXDPioneer Natural downgraded to Equalweight from Overweight at Capital One
Capital One downgraded Pioneer Natural to reflect lower oil, gas, and NGL price deck forecasts and said valuation is lofty. Price target is $163.
March 16, 2015
11:35 EDTSYRGSynergy Resources management to meet with Johnson Rice
Meeting to be held in Chicago on March 18 hosted by Johnson Rice.

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