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Stock Market & Financial Investment News

News Breaks
January 10, 2014
09:03 EDTEOXEmerald Oil acquires about 20,900 acres in Williston Basin for $74.6M in cash
Emerald Oil announced that it has entered into two separate definitive purchase and sale agreements with two unrelated sellers to acquire additional core Bakken and Three Forks producing properties and undeveloped leasehold in McKenzie and Williams Counties, North Dakota. The total purchase price for the asset packages is $74.6M in cash. Upon closing, Emerald's total Williston Basin leasehold will increase to approximately 85,000 net acres. McAndrew Rudisill, Emerald's CEO, said, "The two acquisitions follow Emerald's strategy of identifying and acquiring contiguous leasehold in our immediate operating areas. This additional acreage expands Emerald's presence in our Low Rider and Lewis & Clark focus areas of McKenzie County, ND where we have seen strong production growth as a result of our successful operated well program. The proposed acquisitions are immediately accretive on all per share metrics. Emerald remains well positioned to execute on our previously announced 2014 capital spending program and will be giving updated guidance upon close, which currently is scheduled for February 13. On a separate note, although the Williston Basin experienced extreme cold during December 2013, Emerald is comfortable with its previously announced Q4 average daily production guidance of 2,300 BOE/D and exit rate of 2,400 BOE/D."
News For EOX From The Last 14 Days
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August 4, 2015
19:49 EDTEOXEmerald Oil raises Q4 production guidance to 4,200-4,500 Boe/d
The company previously saw Q4 production of 4,000-4,300 Boe/d.
19:48 EDTEOXEmerald Oil raises Q3 production guidance to 4,700-5,000 Boe/d
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19:45 EDTEOXEmerald Oil raises FY15 capex budget range to $62M-$81M from $52M-$71M
19:43 EDTEOXEmerald Oil raises FY15 production guidance to 4,650-4,800 Boe/d
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19:40 EDTEOXEmerald Oil reports Q2 adjusted EPS ($1.39), consensus ($1.08)
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July 31, 2015
10:02 EDTEOXOn The Fly: Analyst Initiation Summary
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July 30, 2015
16:11 EDTEOXEmerald Oil initiated with a Hold at Cantor
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July 28, 2015
10:00 EDTEOXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aegerion (AEGR) upgraded to Buy from Hold at Jefferies... Ameren (AEE) upgraded to Neutral from Sell at Goldman... AutoNation (AN) upgraded to Buy from Neutral at Sterne Agee CRT... Beacon Roofing (BECN) upgraded to Outperform at Baird... BlackBerry (BBRY) upgraded to Equal Weight from Underweight at Morgan Stanley... Bojangles (BOJA) upgraded to Buy from Neutral at SunTrust... Boyd Gaming (BYD) upgraded to Neutral from Underperform at BofA/Merrill... Columbus McKinnon (CMCO) upgraded to Buy from Neutral at Sidoti... Danaher (DHR) upgraded to Overweight from Equal Weight at Morgan Stanley... Emerald Oil (EOX) upgraded to Hold from Sell at Wunderlich... Haemonetics (HAE) upgraded Outperform from Market Perform at Barrington... Jefferies sees entry point for Aegerion (AEGR), upgrades to Buy... Philips (PHG) upgraded to Buy from Hold at Societe Generale... Plum Creek Timber (PCL) upgraded to Buy from Neutral at DA Davidson... Raytheon (RTN) upgraded to Buy from Neutral at BofA/Merrill... SandRidge Energy (SD) upgraded to Hold from Sell at Wunderlich... Telecom Argentina (TEO) upgraded to Outperform from Market Perform at Raymond James... Teva (TEVA) upgraded to Outperform from Market Perform at BMO Capital... Triumph Bancorp (TBK) upgraded to Buy from Hold at Evercore ISI... Waste Management (WM) upgraded on valuation, rebounding businesses at Argus... Wisconsin Energy (WEC) upgraded to Buy from Neutral at Goldman.
07:51 EDTEOXEmerald Oil upgraded to Hold from Sell at Wunderlich
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