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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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April 20, 2015
16:30 EDTEVEPEnerVest reports 5.4% stake in EV Energy
April 15, 2015
10:00 EDTEVEPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Tower (AMT) upgraded to Outperform from Neutral at Macquarie... Ameriprise (AMP) upgraded at Morgan Stanley... Builders FirstSource (BLDR) upgraded to Buy from Neutral at Sterne Agee... China Telecom (CHA) upgraded to Outperform from Market Perform at Bernstein... China Unicom (CHU) upgraded to Outperform from Underperform at Bernstein... Discover (DFS) upgraded to Overweight from Neutral at JPMorgan... EV Energy (EVEP) upgraded on asset sale at RBC Capital... GoPro (GPRO) upgraded to Overweight from Neutral at Piper Jaffray... Intel (INTC) upgraded on valuation at RBC Capital... Nike (NKE) upgraded to Overweight from Neutral at Piper Jaffray... Nokia (NOK) upgraded to Market Perform from Underperform at Bernstein... Rice Energy (RICE) upgraded to Buy from Neutral at Goldman... Staples (SPLS) upgraded to Buy from Hold at BB&T... Team (TISI) upgraded to Buy from Hold at BB&T... Ulta Salon (ULTA) upgraded to Overweight from Neutral at Piper Jaffray.
08:46 EDTEVEPEV Energy upgraded on asset sale at RBC Capital
As noted earlier, RBC Capital upgraded EV Energy to Outperform from Sector Perform. The firm upgraded the stock after the company recently announced the divestiture of its 21% stake in the Utica East Ohio midstream project for $575M. The firm thinks the company received an attractive price for the project ,while the deal improves the company's risk/reward profile. Target $22.
06:14 EDTEVEPEV Energy upgraded to Outperform from Sector Perform at RBC Capital
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