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Stock Market & Financial Investment News

News Breaks
June 23, 2014
16:11 EDTFANG, GPORDiamondback Energy files to sell 2M shares of common stock for holders
The shares to be sold in the offering will be sold by certain entities controlled by Wexford Capital LP and by Gulfport Energy (GPOR). The Wexford entities intend to sell 1M shares and Gulfport intends to sell 1M shares. All of the net proceeds will go to the selling stockholders. Credit Suisse Securities is acting as sole book-running manager for the offering.
News For FANG;GPOR From The Last 14 Days
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May 18, 2015
10:01 EDTGPOROn The Fly: Analyst Downgrade Summary
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07:57 EDTFANG, GPORTopeka highlights potential E&P takeover targets
Topeka continues to believe that the E&P companies most likely to be acquired are situated in the core areas in the Permian, Eagle Ford, Bakken, Niobrara and Marcellus/Utica. The firm highlights Cabot Oil & Gas (COG), Energen (EGN), Diamondback Energy (FANG), Gulfport Energy (GPOR), Laredo Petroleum (LPI), Magnum Hunter (MHR) and Oasis Petroleum (OAS) as potential takeout targets. It keeps Buy ratings on all the stocks named.
06:27 EDTGPORGulfport Energy downgraded to Sell from Neutral at Goldman
Goldman downgraded Gulfport Energy to Sell and reduced its price target to $34 due to pressures on Appalachia gas fundamentals.
May 15, 2015
07:09 EDTFANGHayman Capital gives quarterly update on stakes
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