New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:15 EDTATLS, GDP, WFT, BAS, MPET, PQ, EXXI, FTK, MILL, END, SYRG, CLB, SSNEnerCom to hold a conference
London Oil & Gas Conference to be held in London, England on June 10-11 with webcasted company presentations to begin on June 10 at 4 am; not all company presentations may be webcasted. Webcast Link
News For EXXI;GDP;SYRG;PQ;ATLS;END;MPET;SSN;MILL;BAS;CLB;FTK;WFT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
December 12, 2014
09:13 EDTGDPOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Adobe (ADBE), up 5.5% after reporting first quarter results and that it will acquire Fotolia for approximately $800 in cash. ALSO HIGHER: ChemoCentryx (CCXI), up 107.1% after Phase II clinical trial in diabetic nephropathy with CCX140 met its primary endpoint... Oncothyreon (ONTY), up 15.8% after announcing exclusive agreement with Array BioPharma (ARRY)... Talisman Energy (TLM), up 24.4% after a report that Repsol (REPYY) is preparing to make a C$6.00 per share bid... GoPro (GPRO), up 4.4% after being upgraded to Overweight from Neutral at JPMorgan. LOWER: Emerald Oil (EOX), down 18% after cutting fiscal 2015 guidance, naming new COO, and providing an updated fiscal 2015 development plan... Goodrich Petroleum (GDP), down 8.2% after being downgraded to Underweight from Overweight at JPMorgan... MEI Pharma (MEIP), down 3.9% after 10M share Secondary priced at $4.00... Heritage-Crystal Clean (HCCI), down 6.6% after 3.1M share Secondary priced at $10.00.
06:56 EDTGDPGoodrich Petroleum cut to Underweight on lower oil at JPMorgan
Subscribe for More Information
06:22 EDTGDPGoodrich Petroleum downgraded to Underweight from Overweight at JPMorgan
Subscribe for More Information
December 10, 2014
15:01 EDTMILLMiller Energy downgraded to Neutral from Buy at Sidoti
Subscribe for More Information
13:34 EDTMILLMiller Energy price target lowered to $3 from $6 at Brean Capital
Brean Capital cut its price target on Miller after the company reported weaker than expected results. The firm says that the company lacked productive drilling outcomes in fiscal Q2. Brean added that the company's liquidity position remains "tenuous" but it expects the company's capital position to improve next year, Brean keeps a buy rating on the stock.
09:23 EDTGDPOn The Fly: Pre-market Movers
Subscribe for More Information
08:56 EDTMILLMiller Energy reports Q2 EPS ($3.71), may not compare to consensus (21c)
Subscribe for More Information
08:01 EDTGDP, PQCapital One to hold a conference
Subscribe for More Information
06:09 EDTGDPGoodrich Petroleum provides operational update
Goodrich Petroleum reports in the Tuscaloosa Marine Shale, or TMS, the company announced the completion of two additional wells in its Blades area of Tangipahoa Parish, Louisiana. The Verberne 5H-1 well, which was drilled and completed with an approximate lateral length of 6,600 feet and was fracked with 21 stages, has been producing on a restricted choke program and has achieved a peak 24-hour rate to date of 1,375 Boe per day, comprised of 1,335 barrels of oil and 250 Mcf of natural gas per day on a 14/64 inch choke. The Williams 46H-1 well, which was drilled with an approximate lateral length of 6,400 feet and was fracked with 20 stages, is in early flowback and is currently producing approximately 1,000 Boe per day, but has not achieved peak rate. An update on this well will be provided at a later date. The company is in completion phase on its Kent 41H-1 well, which was drilled with an approximate 6,000 foot lateral in 27 days at one of the lowest drilling cost to date. On the company's initial two-well pad, the CMR/Foster Creek 8H-1 has been drilled and the CMR/Foster Creek 8H-2 well is drilling in the lateral. By achieving drill times of 25 30 days, as achieved by several industry-wide wells including our most recent Kent 41H-1 well, coupled with the recently modified frac design as utilized on the Verberne 5H-1 and Williams 46H-1 wells, the company believes it can achieve cost savings in excess of $1.5 million for a single well pad prior to any reduction in service costs or savings associated with drilling off of multi-well pads. Substantial cost savings combined with the company's strong 2015 hedge position, and the inherent advantages of the TMS, which include premium LLS pricing, lower average royalty burden and severance tax relief, allow for the continued economic development of the play in 2015.
06:06 EDTGDPGoodrich Petroleum to explore strategic alternatives for Eagle Ford Shale asset
Subscribe for More Information
December 9, 2014
12:25 EDTPQOn The Fly: Midday Wrap
Subscribe for More Information
10:27 EDTATLSOptions with increasing implied volatility
Subscribe for More Information
07:41 EDTGDPGoodrich Petroleum liquidity concerns overblown, says SunTrust
Subscribe for More Information
07:33 EDTPQPetroQuest announces significant discovery at Thunder Bayou Prospect
Subscribe for More Information
07:02 EDTPQPetroQuest coverage resumed with a Hold at Stifel
Subscribe for More Information
06:10 EDTGDPGoodrich Petroleum implied volatility of 205 at upper end of index mean range
06:03 EDTBASBasic Energy reports November well servicing rig count unchanged at 421
Subscribe for More Information
December 8, 2014
09:34 EDTGDPGoodrich Petroleum downgraded to Market Perform from Outperform at BMO Capital
Subscribe for More Information
09:33 EDTEXXIEnergy XXI downgraded to Market Perform from Outperform at BMO Capital
07:40 EDTSYRGMany E&P target prices lowered at SunTrust
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use