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Stock Market & Financial Investment News

News Breaks
February 12, 2013
08:12 EDTMHRMagnum Hunter announces operational update, FY13 capex budget
Magnum Hunter Resources announced an operational update on each of the company's upstream unconventional resource plays for Q4 and provided an operational update for the company's midstream division, Eureka Hunter Pipeline. During Q4, the Eagle Ford division placed on production 6 gross operated wells and 1 gross non-operated wells in the Eagle Ford Shale of South Texas. The company's board has approved a capital expenditure budget for FY13 of $300M for upstream activities. Magnum Hunter believes the 2013 capex budget will allow for an estimated 2013 production exit rate of 23,000 Boepd - 25,000 Boepd. This represents an estimated growth rate of 24% - 35% in exit rates when comparing 2013 to 2012.
News For MHR From The Last 14 Days
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December 17, 2014
07:15 EDTMHRInvestors underestimating Magnum Hunter, says SunTrust
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December 10, 2014
12:31 EDTMHRMagnum Hunter management to meet with SunTrust
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08:01 EDTMHRCapital One to hold a conference
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