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Stock Market & Financial Investment News

News Breaks
November 27, 2012
19:17 EDTGPOR, MWEGulfport, MarkWest venture commences operation at OH gas processing complex
MarkWest Utica EMG., a joint venture between MarkWest Energy Partners (MWE) and The Energy and Minerals Group, together with Gulfport (GPOR) have commenced operations of the interim 60 MMCF per day Cadiz refrigeration plant in Harrison County, Ohio. This facility is supported by production from Gulfport's Wagner 1-28H well and Boy Scout 1-33H well. MarkWest Utica is constructing a 125 MMcf/d cryogenic processing plant, Cadiz I, which is expected to be completed by 1Q13. An additional 200 MMcf/d cryogenic plant, Cadiz II, is planned to be operational by 3Q13 to support Gulfport's rapidly growing liquids-rich production from the Utica Shale. By the beginning of 2014, MarkWest Utica is expected to construct up to 140 miles of gathering pipeline and associated compression for Gulfport's planned drilling program of 50 gross wells in 2013. Together these facilities will represent the largest fractionation and marketing complex in the Utica Shale, providing 100,000 barrels per day of C2+ fractionation capacity with an expected completion date in 1Q14.
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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