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Stock Market & Financial Investment News

News Breaks
July 30, 2014
08:07 EDTMWE, RICE, GPORGulfport 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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January 23, 2015
10:02 EDTRICEOn the Fly: Analyst Initiation Summary
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05:29 EDTRICERice Energy initiated with an Outperform at Imperial Capital
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January 22, 2015
08:52 EDTRICERice Energy outlook still upbeat, says SunTrust
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05:05 EDTMWEMarkWest Energy raises quarterly distribution by 4c to 90c per unit
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January 20, 2015
07:30 EDTGPORGulfport Energy upgraded to Buy from Accumulate at KLR Group
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January 14, 2015
06:16 EDTRICERice Energy reinstated with an Equal Weight at Barclays
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January 13, 2015
17:17 EDTGPORIntegrated Core Strategies reports 4.9% passive stake in Gulfport Energy
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January 12, 2015
13:28 EDTMWEMarkWest Energy volatility near six-year high
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10:00 EDTRICE, MWEOn The Fly: Analyst Downgrade Summary
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06:31 EDTMWEMarkWest Energy downgraded to Neutral from Buy at Goldman
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06:10 EDTRICERice Energy downgraded to Sell from Neutral at Citigroup
Citigroup downgraded Rice Energy to Sell citing its lower commodity price outlook and reduced assumptions for rig activity. Citi cut its price target for shares to $16 from $31.
05:45 EDTMWEMarkWest Energy downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded MarkWest Energy to Neutral saying its reduced commodity price expectations no longer support an accelerating distribution growth profile for the company. The firm dropped its price target for shares to $64 from $78.

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