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Stock Market & Financial Investment News

News Breaks
March 1, 2013
06:41 EDTEVEPEV Energy reports Q4 EPS (23c) including items, consensus 43c
Reports Q4 revenue $75.5M, consensus $83.93M. Production for the fourth quarter of 2012 was 10.8 Bcf of natural gas, 277 MBbls of oil and 476 MBbls of natural gas liquids, or 15.3 Bcfe. Results include $9.6M of unrealized losses on commodity and interest rate derivatives, $1.2M of non-cash realized losses on commodity and interest rate derivatives, $1.1M of dry hole and exploration costs and $4M of non-cash costs contained in general and administrative expenses. Also recognized during the fourth quarter were $16.7M of impairment charges primarily related to the write-down of certain oil and natural gas properties to their fair value due to the effects of declining natural gas prices on expected future net cash flows.
News For EVEP From The Last 14 Days
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May 20, 2013
10:11 EDTEVEPOn The Fly: Analyst Initiation Summary
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07:46 EDTEVEPEV Energy initiated with a Buy at Ladenburg
Target $46.
May 13, 2013
10:09 EDTEVEPOn The Fly: Analyst Downgrade Summary
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07:46 EDTEVEPEV Energy downgraded to Underperform from Neutral at BofA/Merrill
06:32 EDTEVEPEV Energy downgraded to Hold from Buy at Wunderlich
Wunderlich downgraded EV Energy citing uncertainty surrounding the value of the company's Utica assets. The firm lowered its price target for shares to $54 from $78.
May 10, 2013
15:43 EDTEVEPEV Energy downgraded to Underperform from Neutral at BofA/Merrill
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11:23 EDTEVEPFollow-up: EV Energy downgraded to Market Perform at Wells Fargo
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11:10 EDTEVEPEV Energy downgraded to Market Perform from Outperform at Wells Fargo
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09:00 EDTEVEPEV Energy falls 10%
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06:46 EDTEVEPEV Energy reports Q1 EPS ($1.08), consensus 17c
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May 9, 2013
15:27 EDTEVEPNotable companies reporting before tomorrow's open
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