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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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October 23, 2014
10:01 EDTGPOROn The Fly: Analyst Initiation Summary
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06:40 EDTGPORGulfport Energy initiated with a Positive at Susquehanna
Target $64.
October 22, 2014
16:27 EDTMWEMarkWest Energy raises FY14 DCF view to $680M-$700M
As a result of strong year-to-date operational and financial performance, the Partnership is increasing its 2014 DCF guidance to a range of $680M-$700M and 2014 Adjusted EBITDA to a range of $860M-$880M. Achieving the mid-point of these revised ranges would result in year-over-year DCF growth of 43 percent and year-over-year Adjusted EBITDA growth of 44%.
16:26 EDTMWEMarkWest Energy raises quarterly cash distribution to 89c from 85c per unit
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October 21, 2014
10:00 EDTGPOROn The Fly: Analyst Upgrade Summary
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08:29 EDTGPORGulfport Energy upgraded to Buy from Neutral at Global Hunter
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07:59 EDTGPORGulfport Energy has material upside, says at SunTrust
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