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Stock Market & Financial Investment News

News Breaks
January 10, 2013
08:50 EDTMILLMiller Energy announces reduction in oil transportation expenses
Miller Energy announced that the rate it pays to move crude oil on to market on the Cook Inlet Pipeline system will be lowered from $6.17 per barrel to $3.21 per barrel beginning January. While Millerís wholly-owned Alaskan subsidiary, Cook Inlet Energy plans to significantly increase throughput through the CIPL system in 2013 as a result of its ongoing drilling program, this tariff reduction would result in savings in excess of $1M even if the companyís production remained flat through 2013.
News For MILL From The Last 14 Days
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December 19, 2014
14:38 EDTMILLRiver Road Asset reports 6.4% passive stake in Miller Energy
December 15, 2014
08:48 EDTMILLMiller Energy downgraded to Neutral from Buy at SunTrust
SunTrust downgraded Miller Energy due to lower oil price forecasts and execution issues.
December 10, 2014
15:01 EDTMILLMiller Energy downgraded to Neutral from Buy at Sidoti
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13:34 EDTMILLMiller Energy price target lowered to $3 from $6 at Brean Capital
Brean Capital cut its price target on Miller after the company reported weaker than expected results. The firm says that the company lacked productive drilling outcomes in fiscal Q2. Brean added that the company's liquidity position remains "tenuous" but it expects the company's capital position to improve next year, Brean keeps a buy rating on the stock.
08:56 EDTMILLMiller Energy reports Q2 EPS ($3.71), may not compare to consensus (21c)
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