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Stock Market & Financial Investment News

News Breaks
December 28, 2012
08:09 EDTMHRMagnum Hunter announces significant Eagle Ford Shale results
Magnum Hunter Resources announced production results from two new Eagle Ford Shale wells operated by the company. Both wells went on production December 22. The Rhino Hunter #1 located in Lavaca County, Texas is producing approximately 2,033 barrels of oil per day and 1,113 mcf of natural gas, or 2,218 boe/d, on a 16/64" choke. Magnum Hunter owns approximately 48% working interest in the Rhino Hunter #1. The Zebra Hunter #1 is also located in Lavaca County, Texas and is producing approximately 1,995 barrels of oil per day and 898 mcf of natural gas, or 2,145 boe/d, on a 16/64" choke. Magnum Hunter owns approximately 45% working interest in the Zebra Hunter #1.
News For MHR From The Last 14 Days
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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
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06:58 EDTMHRMagnum Hunter downgraded to Neutral from Outperform at Credit Suisse
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06:22 EDTMHRMagnum Hunter to host conference call
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January 22, 2015
10:03 EDTMHROn the Fly: Analyst Downgrade Summary
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07:52 EDTMHRMagnum Hunter downgraded at Stifel
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06:10 EDTMHRMagnum Hunter downgraded to Hold from Buy at Stifel
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January 21, 2015
18:15 EDTMHRMagnum Hunter reports year end 2014 proved reserves of 83.8 MMBoe
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January 20, 2015
09:11 EDTMHROn The Fly: Pre-market Movers
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08:40 EDTMHRMagnum Hunter downgraded to Neutral from Buy at SunTrust
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