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Stock Market & Financial Investment News

News Breaks
July 30, 2014
08:07 EDTGPOR, MWE, RICEGulfport Energy, Rice Energy in LOI for gas gathering pipelines
To capture development synergies within the area of mutual interest of the previously announced joint development agreement between Gulfport Energy (GPOR) and Rice Energy (RICE), Gulfport and Rice have entered into a letter of intent and are finalizing definitive agreements whereby Rice will construct and operate gas gathering pipelines associated with Gulfport's Utica Shale interests in Smith Township and portions of Goshen, Wayne and Washington Townships in Belmont County, Ohio. In conjunction with these agreements, Gulfport and MarkWest Energy Partners (MWE) have executed a letter of intent and are finalizing definitive agreements pursuant to which MarkWest will construct gas gathering facilities to gather Gulfport's dry gas production from portions of Wayne and Washington Townships in Belmont County, Ohio, Sunsbury Township in Monroe County, Ohio and portions of adjacent townships. The agreements are intended to ensure the efficient deliverability of Gulfport's product to the market. Together, MarkWest's and Rice's dry gas systems will have the capacity to provide over 1 Bcf per day of natural gas into multiple interconnections including, Rockies Express Pipeline and Texas Eastern Transmission Co. pipeline.
News For GPOR;RICE;MWE From The Last 14 Days
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May 19, 2015
09:58 EDTMWEOn The Fly: Analyst Initiation Summary
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May 18, 2015
16:26 EDTMWEMarkWest Energy initiated with a Buy at Deutsche Bank
Target $76.
10:01 EDTGPOROn The Fly: Analyst Downgrade Summary
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07:57 EDTGPORTopeka 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 13, 2015
09:21 EDTRICEOn The Fly: Pre-market Movers
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