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Stock Market & Financial Investment News

News Breaks
February 5, 2013
09:15 EDTKEGKey Energy sees reporting Q4 results in line with prior guidance
Key Energy disclosed in a regulatory filing that it expects to report consolidated Q4 results in line with prior guidance provided on its Q3 conference call. The company also disclosed in advance of an investor conference presentation that one of its large customers significantly reduced its U.S. well servicing activity late in 2012, and the company expects the full impact of this reduction to be reflected in its 1Q13 results. The company said it expects activity levels in its U.S. segment to increase after 1Q13 and anticipates overall activity for full year 2013 to approximate full year 2012 activity levels. The company said its 2013 capital expenditure plan is currently $210M and is planned to be primarily focused on equipment maintenance and rig fleet upgrades.
News For KEG From The Last 14 Days
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November 18, 2014
09:56 EDTKEGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Allergan (AGN) downgraded to Market Perform from Outperform at William Blair... Wells Fargo (WFC) downgraded to Market Perform from Outperform at BMO Capital... Allergan downgraded to Neutral from Buy at Guggenheim... Allergan downgraded to Neutral from Buy at SunTrust... Basic Energy (BAS) downgraded to Neutral from Buy at SunTrust... CBS (CBS) downgraded to Neutral from Overweight at Atlantic Equities... Key Energy (KEG) downgraded to Neutral from Buy at SunTrust... Macy's (M) downgraded to Neutral from Buy at BofA/Merrill... Statoil (STO) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Market Perform from Outperform at Telsey Advisory... Urban Outfitters downgraded to Market Perform from Outperform at William Blair... Urban Outfitters downgraded to Neutral from Overweight at Atlantic Equities... Baker Hughes (BHI) downgraded to Hold from Buy at Argus.... Precision Drilling (PDS) downgraded to Market Perform at Raymond James.
06:15 EDTKEGKey Energy downgraded to Neutral from Buy at SunTrust
SunTrust assumed coverage on Key Energy with a Neutral rating from a Buy rating.

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