New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 5, 2014
10:48 EDTROSE, CRRRosetta switch to sand reduces CARBO visibility, says William Blair
William Blair notes Rosetta Resources (ROSE) said yesterday on its earnings call that it would be changing its completion design for Eagle Ford wells by switching from ceramic proppant to sand. The firm says Rosetta is one of CARBO Ceramics' largest customers. It estimates Rosetta uses between 250M-400M pounds per year of ceramic proppant, and believes CARBO management was surprised by the move. William Blair believes the switch reduces CARBO's forward visibility and it lowered its estimates for the company. The firm keeps a Market Perform rating on the stock. Shares of CARBO are down 10% to $109.37 in morning trading.
News For CRR;ROSE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 18, 2014
06:14 EDTCRRCARBO Ceramics initiated with a Neutral at SunTrust
Subscribe for More Information
November 17, 2014
07:16 EDTROSETopeka to hold a bus tour
Houston Bus Tour travels throughout Houston, Texas on November 17-18.
November 13, 2014
10:01 EDTROSEOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:29 EDTROSERosetta Resources upgraded at BMO Capital
Subscribe for More Information
04:10 EDTROSERosetta Resources upgraded to Outperform from Market Perform at BMO Capital

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use