News Breaks |
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| February 12, 2013 |
| 08:12 EDT |  | MHR | Magnum 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. |
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News For MHR From The Last 14 Days Check below for free stories on MHR the last two weeks. |
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| June 17, 2013 |
| 10:10 EDT |  | MHR | On The Fly: Analyst Upgrade Summary
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| 09:10 EDT | | MHR | Magnum Hunter upgraded to Add from Neutral at Capital One
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| June 14, 2013 |
| 10:50 EDT |  | MHR | High option volume stocks: LSI SVNT ELN NEE MHR
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| 06:48 EDT | | MHR | Magnum Hunter backs FY13 production exit rate guidance of 23K BOEPD-25K BOEPD
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| 06:47 EDT | | MHR | Magnum Hunter reports Q4 production up 60% to 14,587 BOEPD
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| 06:46 EDT |  | MHR | Magnum Hunter reports Q4 adjusted EPS 5c, consensus (7c)
Reports Q4 revenue $83.7M, consensus $82.63M. |
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| June 11, 2013 |
| 07:38 EDT |  | MHR | EnerCom to host a conference
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