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Stock Market & Financial Investment News

News Breaks
July 21, 2014
16:06 EDTNSLPNew Source Energy approves Q2 distribution increase to 58.5c per unit
New Source Energy announced that the board of its General Partner has approved an increase to the Q2 distribution to 58.5c per unit on all outstanding units, or $2.34 on an annualized basis. The Q2 distribution will be paid on August 15, to all unit holders of record on August 1.
News For NSLP From The Last 14 Days
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November 10, 2014
08:02 EDTNSLPNew Source Energy should be bought on weakness, says Oppenheimer
After New Source Energy reported in-line results, Oppenheimer says the company is now more exposed to oilfield services than E&P, reducing its exposure to oil prices. The firm expects the company's distribution to be fully covered through 2016 at $80 oil, and it says the company's debt/EBITDA ratio is below its peers. Oppenheimer keeps a $24 price target and Outperform rating on the shares.

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