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Stock Market & Financial Investment News

News Breaks
March 5, 2014
10:37 EDTEGY, EPM, MPO, SFYMidstates Petroleum rises after earnings delayed for 'positive' developments
Shares of Midstates Petroleum (MPO) are increasing after the company rescheduled its fourth quarter earnings release, citing positive developments in its discussions with its banks. WHAT'S NEW: Midstates Petroleum announced last night that the company has rescheduled its fourth quarter earnings release to Tuesday, March 11 after the close of trading from Tuesday, March 4. Midstates noted that, as previously disclosed, the company is pursuing "a number of different options to streamline its portfolio," including sales of assets, joint ventures, and other possible farm-out arrangements. The company said it is in discussions with its commercial banking group to modify its debt structure to facilitate implementing such actions and Midstates added that it will discuss these "positive developments" during its rescheduled conference call. The actions currently in progress do not include additional equity or long-term debt issuance, Midstates noted. PRICE ACTION: During mid-morning trading, shares of Midstates Petroleum rose 49c, or 10.77%, to $5.04. OTHERS TO WATCH: Oil and gas exploration and production companies with market capitalization similar to Midstates Petroleum include Evolution Petroleum (EPM), Swift Energy (SFY), and VAALCO Energy (EGY).
News For MPO;EPM;SFY;EGY From The Last 14 Days
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December 16, 2014
09:21 EDTMPOMidstates Petroleum downgraded to Sector Perform from Outperform at Howard Weil
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December 12, 2014
06:40 EDTEGYVAALCO Energy to host conference call
Conference call to discuss the results of the completed Etame 8-H development well and the Company's ongoing drilling campaign offshore Gabon will be held on December 12 at 11 am. Webcast Link
December 10, 2014
08:11 EDTEGYVAALCO Energy completes development well in offshore Gabon
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December 9, 2014
12:30 EDTSFYWells Fargo to hold a symposium
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December 8, 2014
16:19 EDTMPOMidstates Petroleum announces termination of DeQuincy assets sales agreement
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