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Stock Market & Financial Investment News

News For MWE;MHR;EQT From The Last 14 Days
Check below for free stories on MWE;MHR;EQT the last two weeks.
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July 30, 2014
08:07 EDTMWEGulfport Energy, Rice Energy in LOI for gas gathering pipelines
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July 29, 2014
10:00 EDTMWEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Albemarle (ALB) upgraded to Buy from Hold at Topeka... American Capital Agency (AGNC) upgraded to Buy from Hold at Wunderlich... Bank of Hawaii (BOH) upgraded to Buy from Neutral at DA Davidson... Columbia Sportswear (COLM) upgraded to Hold from Sell at McAdams Wright... Costco (COST) upgraded to Conviction Buy from Neutral at Goldman... Ducommun (DCO) upgraded to Buy from Neutral at DA Davidson... Family Dollar (FDO) upgraded to Neutral from Underweight at Piper Jaffray... Ferrellgas Partners LP (FGP) upgraded to Neutral from Sell at Citigroup... Higher One (ONE) upgraded to Overweight from Underweight at Piper Jaffray... Landstar System (LSTR) upgraded to Buy from Hold at BB&T... MarkWest Energy (MWE) upgraded to Buy from Hold at Wunderlich... Matador (MTDR) upgraded to Outperform from Market Perform at BMO Capital... MicroStrategy (MSTR) upgraded at JMP Securities... Pharmacyclics (PCYC) upgraded to Outperform from Market Perform at Leerink... Provident Financial (PFS) upgraded at Sterne Agee... Sally Beauty (SBH) upgraded to Buy from Neutral at Citigroup... Tyson Foods (TSN) upgraded to Buy from Hold at Miller Tabak... WPX Energy (WPX) upgraded to Accumulate from Hold at Tudor Pickering... Zions Bancorp (ZION) upgraded at Bernstein.
08:20 EDTMHRMagnum Hunter to host investor day with a conference call hookup
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07:57 EDTMWEMarkWest Energy upgraded to Buy from Hold at Wunderlich
Wunderlich upgraded MarkWest Energy to Buy citing an attractive risk/reward given the company's growth prospects and recent positive operations update. The firm raised its price target for shares to $83 from $68.
06:39 EDTMWEMarkWest Energy upgraded to Buy from Hold at Wunderlich
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July 25, 2014
10:02 EDTEQTOn The Fly: Analyst Downgrade Summary
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07:42 EDTEQTEQT Corporation downgraded to Buy from Strong Buy at ISI Group
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07:04 EDTMHRMagnum Hunter acquires Ormet Mineral Interest in OH, WV for $22.7M
Magnum Hunter announced that it closed on the purchase of approximately 1,700 net mineral acres located in Monroe County, Ohio and Wetzel County, West Virginia for approximately $22.7M from the Ormet Corporation, et al. This acquisition will increase the company's net revenue interest on its existing 875 acre oil and gas lease located on the related acreage from approximately 86% to nearly 100% in the Marcellus Shale formation only. Under the same agreement, the company has also acquired an approximate 100% net revenue interest in the balance of the mineral rights to this acreage which will also include the Utica Shale formation. The company has previously drilled three Marcellus Shale wells on the existing oil and gas lease which have been producing rich natural gas and condensate since May 6. This mineral interest acquisition adds to the company's large drilling inventory of potential Marcellus and Utica Shale wells in these two counties of West Virginia and Ohio. The company is already drilling the vertical section of the first dry gas Utica Shale well on the Ormet 15 Pad. This well is expected to have an approximate lateral length of 4,800 feet with an anticipated 20+ stages of fracture stimulation treatment. The current development plan includes a total of 4 gross Utica Shale wells to be drilled, completed, and producing on this property by year-end 2014. The Eureka Hunter gas gathering system is already constructed and available for throughput once these wells are completed.
July 24, 2014
16:51 EDTMWEMarkWest Energy increases quarterly dividend by 4.8% to 88c
MarkWest Energy Partners announced that the board of the General Partner of MarkWest Energy Partners declared a cash distribution of 88c per common unit for Q2, for an implied annual rate of $3.52 per common unit. The Q2 distribution represents an increase of 4c per common unit, or 4.8%, compared to 2Q13. The Q2 distribution is payable August 14 to unitholders of record on August 5. The ex-dividend date is August 1.
15:56 EDTEQTEQT earnings miss overshadowed by partnership valuation change, says Maxim
Maxim attributes the rise in shares of EQT (EQT) despite its earning miss to the company's update on its internal valuation of its general partner ownership in EQT Midstream Partner (EQM) as well as EQT's increase in its Marcellus net acreage from 560K to 580K. Maxim reiterates its Buy rating and $135 price target on EQT.
07:13 EDTEQTEQT Corporation reports Q2 adjusted EPS 58c, may not compare to consensus 83c
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July 23, 2014
09:06 EDTMWEMarkWest Energy downgraded to Accumulate from Speculative Buy at Global Hunter
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