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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:14 EDTMHREureka Hunter announces gas gathering throughput of 166,500 MMBtu
Eureka Hunter Pipeline, a majority-owned subsidiary of Magnum Hunter Resources, announced that throughput volumes on Eureka Hunter's gas gathering pipeline system located in West Virginia and Ohio have increased to approximately 166,500 MMBtu per day. During December 2013, Triad Hunter, a wholly-owned subsidiary of the ompany, produced approximately 45% of the volumes that flowed through the Eureka Hunter Pipeline System. The company expects Eureka Hunter to flow an additional 40,000 MMBtu per day of throughput volumes from Triad's new WVDNR and Ormet wells located in Wetzel County, West Virginia and Monroe County, Ohio, respectively. These new wells are scheduled to go online sometime over the next three to six weeks. In addition, based upon new Marcellus and Utica drilling schedules, the Company expects Eureka Hunter to add significant throughput volumes shipped from a combination of third parties and Triad throughout 2014.
News For MHR From The Last 14 Days
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July 31, 2015
17:21 EDTMHRRelational Investors cuts stake in Magnum Hunter to 4.9% from 6.26%
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July 24, 2015
08:19 EDTMHRMagnum Hunter announces dismissal of last remaining stockholder lawsuit
Magnum Hunter announced that the 125th District Court of Harris County, Texas dismissed the last remaining stockholder derivative case against certain of the company's officers and directors filed alleging certain breaches of fiduciary duties and other matters in connection with the dismissal by the company of its independent registered public accounting firm in spring 2013. All of the shareholder lawsuits relating to these allegations have now been dismissed, and no cash settlements of any form have been paid by the company or any of the company's insurance carriers in connection with these lawsuits.

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