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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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May 18, 2015
07:57 EDTMHRTopeka highlights potential E&P takeover targets
Topeka continues to believe that the E&P companies most likely to be acquired are situated in the core areas in the Permian, Eagle Ford, Bakken, Niobrara and Marcellus/Utica. The firm highlights Cabot Oil & Gas (COG), Energen (EGN), Diamondback Energy (FANG), Gulfport Energy (GPOR), Laredo Petroleum (LPI), Magnum Hunter (MHR) and Oasis Petroleum (OAS) as potential takeout targets. It keeps Buy ratings on all the stocks named.
May 14, 2015
10:00 EDTMHROn The Fly: Analyst Downgrade Summary
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07:27 EDTMHRMagnum Hunter downgraded to Hold from Accumulate at KLR Group
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May 11, 2015
07:10 EDTMHRMagnum Hunter reports Q1 adjusted EPS (38c), consensus (32c)
Reports Q1 revenue $55.4M, may not compare to consensus $72.37M. Proved reserves increased 73% in Q1 to 869.2 Bcfe. Reported production of 163.6 MMcfe/d for Q1, a 66% increase over the prior year comparable quarter.

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