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March 3, 2014
06:31 EDTEVEPEV Energy reports Q4 EPS with-items ($1.06), may not compare to consensus 19c
Reports Q4 revenue $78.59M, consensus $90.82M. Included in net loss were the following items: $77.2M of impairment charges primarily related to the write-down of Permian Basin oil and natural gas properties due to the effects of commodity prices on expected future net cash flows, $41.3M gain on the sale of oil and natural gas properties, $21.2 M of non-cash losses on commodity and interest rate derivatives, and $4.4M of non-cash costs contained in general and administrative expenses.
News For EVEP From The Last 14 Days
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August 31, 2014
13:31 EDTEVEPHart Energy to hold a conference
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August 25, 2014
10:54 EDTEVEPHigh option volume stocks
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August 19, 2014
10:13 EDTEVEPOn The Fly: Analyst Upgrade Summary
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08:43 EDTEVEPEV 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.
07:06 EDTEVEPEV Energy upgraded to Strong Buy from Outperform at Raymond James

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