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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
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February 25, 2015
09:17 EDTMWEMarkWest Energy sees FY15 adjusted EBITDA $925M-$1.03B
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09:14 EDTMWEMarkWest Energy reports Q4 DCF $201M
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09:07 EDTMWEMarkWest Energy reports Q4 EPS 18c, consensus 28c
Reports Q4 revenue $538.3M, consensus $622.79M.
February 24, 2015
15:21 EDTMWENotable companies reporting before tomorrow's open
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08:20 EDTMWEEnterprise, Anadarko, DCP, MarkWest form joint venture for Panola
Enterprise Products Partners (EPD), Anadarko Petroleum (APC), DCP Midstream Partners (DPM) and MarkWest Energy Partners (MWE) announced the formation of a joint venture under which Enterprise will assign 45% ownership interest in its wholly owned Panola Pipeline Company. The interest will be evenly divided among Anadarko’s affiliate, WGR Asset Holding Company, DCP Midstream Partners and MarkWest. Enterprise will continue to serve as operator of the Panola Pipeline and own the remaining 55% interest. The Panola Pipeline, which transports natural gas liquids, originates in Carthage, Texas and extends 181 miles to Mont Belvieu, Texas. Incremental capacity is expected to be available in 1Q16. This corrects the symbol for Enterprise Products Partners.
February 19, 2015
09:12 EDTREXXOn The Fly: Pre-market Movers
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February 18, 2015
16:23 EDTREXXRex Energy sees FY15 production 196.0-205.0 MMcfe/d
16:22 EDTREXXRex Energy sees Q1 production 190.0-196.0 MMcfe/d
16:21 EDTREXXRex Energy reports Q4 production up 15% to 196.0 MMcfe/d
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16:20 EDTREXXRex Energy reports Q4 adjusted EPS 2c, consensus (6c)
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15:35 EDTREXXNotable companies reporting after market close
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