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Stock Market & Financial Investment News

News Breaks
June 3, 2014
10:00 EDTMHRMagnum Hunter rises 5.6%
Magnum Hunter is up 5.6%, or 43c, to $8.17
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.
May 8, 2015
10:01 EDTMHROn The Fly: Analyst Downgrade Summary
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06:12 EDTMHRMagnum Hunter downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Magnum Hunter to Neutral and discontinued coverage of the name due to a reallocation of resources. Citi cut its final price target for shares to $2 from $8.

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