New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 15, 2013
08:04 EDTREXX, MWEMarkWest Utica EMG, Rex Energy in deal to develop Utica midstream infrastructure
MarkWest Utica EMG, a joint venture between MarkWest Energy Partners (MWE) and The Energy and Minerals Group, announced definitive agreements with Rex Energy (REXX) to provide gathering, processing, fractionation, and marketing services in the Utica Shale. In Rex Energy’s Warrior South Prospect, the company holds approximately 4,100 net acres. To date, the company drilled and completed three wells in the Warrior South Prospect. These wells have been shut-in since their completion and will be placed into sales once the related infrastructure is in place. In 2013, Rex Energy plans to drill and complete four additional wells and place into service seven wells in the Warrior South Prospect. MarkWest Utica EMG expects to begin gathering and processing Rex's liquid-rich gas production in approximately June of this year. To support Rex and other Utica producers, MarkWest Utica EMG is constructing an extensive gathering system, two large- scale processing complexes and a C2+ fractionation and marketing complex by early 2014. When completed, MarkWest Utica EMG and MarkWest will have the largest processing and fractionation capacity in the Utica Shale, it said.
News For MWE;REXX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 30, 2015
10:01 EDTMWEOn The Fly: Analyst Initiation Summary
Subscribe for More Information
June 29, 2015
17:09 EDTMWEMarkWest Energy initiated with a Hold at Evercore ISI
Target $60.
June 19, 2015
16:13 EDTREXXRex Energy enters purchase agreement with American Industrial Water
Subscribe for More Information
07:49 EDTREXXRex Energy shares should outperform today, says SunTrust
Subscribe for More Information
June 18, 2015
16:35 EDTREXXRex Energy sells Keystone Clearwater Solutions to American Water for $130M
Rex Energy (REXX), together with its partners in Water Solutions Holdings, entered into a purchase and sale agreement with American Water (AWK) pursuant to which American Water will acquire Water Solutions and its subsidiaries, including Keystone Clearwater Solutions. The transaction is valued at approximately $130M, inclusive of cash and debt. Rex Energy, which holds a 60% interest in Water Solutions and is selling its entire interest, expects net proceeds from the sale to be approximately $66M. The proceeds will be used to pay down the revolving line of credit and for general corporate purposes. American Water will continue to provide field and water-related services to Rex Energy within its Appalachian Basin properties in Pennsylvania and Ohio.
16:33 EDTREXXAmerican Water to acquire Keystone Clearwater Solutions
Subscribe for More Information
June 17, 2015
10:19 EDTREXXHigh option volume stocks
Subscribe for More Information
10:00 EDTMWEOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:29 EDTMWEMarkWest Energy upgraded to Buy from Hold at Jefferies
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use