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Stock Market & Financial Investment News

News Breaks
February 7, 2014
08:18 EDTCHK, MWEMarkWest Energy announces completion of Buffalo Creek plant
MarkWest Energy (MWE) announced the completion of the 200M cubic feet per day Buffalo Creek cryogenic gas processing plant and associated high pressure trunk line in the Granite Wash. The Buffalo Creek facility is supported by long-term fee-based agreements with Chesapeake Energy (CHK). As part of the gas processing agreement with MarkWest, Chesapeake dedicated approximately 130K acres throughout the Anadarko Basin. The completion of the Buffalo Creek plant increases the partnership’s total processing capacity in the Anadarko Basin to 435 MMcf/d at two major complexes. The 200 MMcf/d Buffalo Creek facility and the 235 MMcf/d Arapahoe processing complex in Western Oklahoma are connected through the Partnership’s rich-gas gathering system, which provides 575 MMcf/d of gathering throughput capacity and flexibility and reliability. MarkWest’s infrastructure also provides producers with multiple residue gas outlets and access to natural gas liquids takeaway pipelines to Mt. Belvieu and Conway. MarkWest anticipates volumes at the new plant to ramp quickly as Chesapeake has approximately 100 MMcf/d of existing production that the Partnership has begun to process.
News For MWE;CHK From The Last 14 Days
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November 25, 2014
11:23 EDTCHKChesapeake loses appeal to redeem bonds early, Reuters says
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November 18, 2014
07:19 EDTCHKChesapeake upgraded at Bernstein
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November 17, 2014
10:02 EDTCHKOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CyrusOne (CONE) upgraded to Buy from Hold at Stifel... MGIC Investment (MTG) upgraded to Conviction Buy from Buy at Goldman... NuVasive (NUVA) upgraded to Outperform from Market Perform at Wells Fargo... Phillips 66 (PSX) upgraded to Outperform from Neutral at Credit Suisse... Pinnacle Foods (PF) upgraded to Buy from Hold at Deutsche Bank... Rayonier (RYN) upgraded to Outperform from Sector Perform at RBC Capital.. Thoratec (THOR) upgraded to Outperform from Market Perform at Wells Fargo... Volcano (VOLC) upgraded to Outperform from Neutral at Credit Suisse... Progressive Waste (BIN) upgraded to Neutral from Underperform at Macquarie... Clean Harbors (CLH) upgraded to Outperform from Neutral at Wedbush... McGraw Hill Financial (MHFI) upgraded to Buy from Hold at Benchmark Co... Chesapeake (CHK) upgraded to Outperform from Market Perform at Bernstein... American Science & Engineering (ASEI) upgraded to Fair Value from Sell at CRT Capital... Sony (SNE) upgraded to Overweight from Equal Weight at Morgan Stanley.
08:12 EDTCHKChesapeake upgraded to Outperform from Market Perform at Bernstein
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