EV Energy does not see announcement for sale of Utica Shale prior to end of 2012 EV Energy provided the following update on its Utica Shale sales process: EVEP has received bona fide offers to purchase its operated acreage in the Utica Shale, and is in substantive negotiations with potential purchasers to sell the acreage. However, EVEP does not expect to announce any agreements for the sale of the Utica Shale prior to the end of 2012.
News For EVEP From The Last 14 Days
Check below for free stories on EVEP the last two weeks.
EV Energy upgraded at Raymond James As previously reported, Raymond James upgraded EV Energy to Strong Buy from Outperform. The firm said monetization of the Cardinal Gas Services investment is imminent and the UEO midstream assets partnership is expected to increase distributed cash flow substantially over the next 12-18 months. Price target is $49.