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Stock Market & Financial Investment News

News Breaks
May 12, 2014
06:52 EDTEVEPEV Energy reports Q1 EPS (14c), may not be comparable to consensus 21c
Reports Q1 revenue $95.34M, consensus $92.62M. Q1 EPS of (14c) includes: $16Mof non-cash losses on commodity and interest rate derivatives, $4.5M of non-cash costs contained in general and administrative expenses, $2.3M of payroll tax related cash costs contained in general and administrative expenses associated with the annual vesting of phantom units during the first quarter which will not be incurred during the second through fourth quarters, $1.5M gain on the sale of oil and natural gas properties, and $300,000 of dry hole and exploration costs.
News For EVEP From The Last 14 Days
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January 22, 2015
10:03 EDTEVEPOn the Fly: Analyst Downgrade Summary
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09:07 EDTEVEPEV Energy downgraded to Market Perform from Strong Buy at Raymond James
Raymond James downgraded EV Energy to Market Perform from Strong Buy. The firm downgraded shares based on overall weakness in oil and gas combined with uncertainty of the timing of a midstream sale and likely distribution cut.

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