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Stock Market & Financial Investment News

News Breaks
November 27, 2012
19:13 EDTGPOR, MWEGulfport Energy reports Utica Shale results
Gulfport's Shugert 1-12H well in the Utica Shale was tested following the conclusion of its 60-day resting period. The well was flow tested over 48 hours, reaching an average sustained 18 hour rate of 28.5 MMCF per day of natural gas and 300 barrels of condensate per day. Subsequent to the test, the 12 hour wellhead shut in casing pressure was 5,250 psi. Based upon composition analysis, the gas being produced is 1204 BTU rich gas. Assuming full ethane recovery, the composition above is expected to produce an additional 102 barrels of NGLs per MMCF of natural gas and result in a natural gas shrink of 10%. In ethane rejection mode, the composition is expected to yield 41 barrels of NGLs per MMCF of natural gas and result in a natural gas shrink of 2%. Gulfport currently anticipates it will begin flowing the Shugert 1-12 H into a sales pipeline by the end of January.
News For GPOR;MWE From The Last 14 Days
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May 20, 2013
09:13 EDTGPORGulfport Energy price target raised to $61 from $50 at Stephens
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May 15, 2013
17:18 EDTGPORBP Capital gives quarterly update on stakes
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May 10, 2013
10:00 EDTMWEOn The Fly: Analyst Upgrade Summary
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07:01 EDTMWEMarkWest Energy upgraded to Outperform from Neutral at Credit Suisse
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May 9, 2013
11:11 EDTMWEHigh option volume stocks: DANG DLR CRL MWE AFFY
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05:40 EDTGPORGulfport Energy price target raised to $70 from $54 at Wunderlich
Wunderlich raised its price target for Gulfport Energy citing the company's Utica assets following its Q1 results and keeps a Buy rating on the stock.
May 8, 2013
16:30 EDTMWEMarkWest Energy acquires granite was assets from Chesapeake for $245M
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16:29 EDTMWEMarkWest Energy reports Q1 EPS (12c), may not compare to consensus 27c
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May 7, 2013
16:31 EDTGPORGulfport Energy sees FY13 production 7.8M-8.1M BOE
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16:30 EDTGPORGulfport Energy reports Q1 adjusted EPS 10c, consensus 15c
Reports Q1 revenue $55M, consensus $57.99M. Produced oil and natural gas sales volumes of 575,543 barrels of oil equivalent, or 6,395 barrels of oil equivalent per day.

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