New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 26, 2012
08:19 EDTMHRMagnum Hunter to acquire Williston Basin properties fir $30M
Magnum Hunter Resources announced that its wholly-owned subsidiary, Bakken Hunter, has entered into a definitive purchase agreement to acquire existing wells and approximately 20,000 net Williston Basin lease acres located in Divide County, North Dakota, from Samson Resources Company for $30M in cash. The transaction, which is subject to customary closing conditions, is expected to close on or about December 20, with an effective date of August 1. The purchase price is subject to customary adjustments, to take into account the effective date of the transaction. Magnum Hunter currently owns an approximate 47.5% working interest in the properties being acquired, and upon closing, the company will have varied working ownership interests in the properties up to approximately 100%.
News For MHR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 26, 2015
16:26 EDTMHRMarathon Oil, Cobalt, RSP Permian downgraded at UBS
UBS lowered its Brent and WTI forecasts to $52.50 and $49 from $67.50 and $62.50, respectively, and downgraded a number of names in the energy space in conjunction. Along with making changes to its oil price forecasts, UBS downgraded Marathon Oil (MRO), Cobalt (CIE) and RSP Permian (RSPP), all to Neutral from Buy. The firm also identified ConocoPhillips (COP), Devon Energy (DVN), Murphy Oil (MUR), Ultra Petroleum (UPL), Range Resources (RRC), Denbury Resources (DNR), and Magnum Hunter (MHR) as having high valuations, slowing growth and wide free cash flow deficits and said it was cautious on all of those names as well.
January 23, 2015
10:02 EDTMHROn the Fly: Analyst Downgrade Summary
Subscribe for More Information
06:58 EDTMHRMagnum Hunter downgraded to Neutral from Outperform at Credit Suisse
Subscribe for More Information
06:22 EDTMHRMagnum Hunter to host conference call
Subscribe for More Information
January 22, 2015
10:03 EDTMHROn the Fly: Analyst Downgrade Summary
Subscribe for More Information
07:52 EDTMHRMagnum Hunter downgraded at Stifel
Subscribe for More Information
06:10 EDTMHRMagnum Hunter downgraded to Hold from Buy at Stifel
Subscribe for More Information
January 21, 2015
18:15 EDTMHRMagnum Hunter reports year end 2014 proved reserves of 83.8 MMBoe
Subscribe for More Information
January 20, 2015
09:11 EDTMHROn The Fly: Pre-market Movers
Subscribe for More Information
08:40 EDTMHRMagnum Hunter downgraded to Neutral from Buy at SunTrust
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use