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Stock Market & Financial Investment News

News Breaks
February 13, 2013
13:06 EDTHNRHarvest sale of Petrodelta venture still not closed, Bloomberg reports
Harvest Natural's (HNR) deal to sell its Petrodelta oil venture to Indonesia’s state-owned oil company, PT Pertamina, has not closed yet, Bloomberg reports, citing comments from Venezuela's Oil Minister Rafael Ramirez. Harvest still needs to finalize the reserves that belong to Venezuelan state that are included in the deal, Ramirez said, according to Bloomberg.
News For HNR From The Last 14 Days
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June 5, 2013
12:00 EDTHNRHarvest Natural rises 27.5%
Harvest Natural is up 27.5%, or 77c, to $3.57
10:00 EDTHNRHarvest Natural rises 23.9%
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09:00 EDTHNRHarvest Natural rises 12.5%
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06:07 EDTHNRHarvest Natural reports Q1 EPS 91c, may not compare to consensus (6c)
Q1 results included exploration charges of $1.9M, or 5c per diluted share and unrealized gain on warrant derivative of $3.8M, or 10c per diluted share.Excluding the effects of the Venezuelan devaluation, exploration charges and unrealized gain on warrant derivatives, we estimate net income for the first quarter of 2013 would have been approximately $4.3M, or 11c per share.

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