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Stock Market & Financial Investment News

News Breaks
November 28, 2012
14:29 EDTREXX, GPOR, PDCEPDC Energy climbs after Gulfport reports Utica well results
Shares of PDC Energy (PDCE) are advancing after Gulfport Energy (GPOR) announced the results of a test of its well in the Utica Shale earlier today. PDC Energy also has a position in the Utica Shale. PDC Energy reported that its well had yielded an average sustained 18 hour rate of 28.5 MMCF per day of natural gas and 300 barrels of condensate per day. On September 20, PDC announced that it was no longer looking for a partner to help it develop its Utica property, but would seek to develop the property on its own. In mid-afternoon trading, PDC rose $1.59, or 4.90%, to $34.01, while Gulfport jumped $5.11, or 16.10%, to $36.84. Rex Energy (REXX), which also has exposure to the Utica Shale, gained 21c, or 1.68%, to $12.73.
News For PDCE;GPOR;REXX From The Last 14 Days
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April 21, 2015
16:06 EDTREXXRex Energy declared cash dividend of $150 per share on Series A
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April 20, 2015
14:51 EDTPDCEPDC Energy management to meet with SunTrust
Group dinner to be held in New York on April 22 hosted by SunTrust.
10:00 EDTGPOROn The Fly: Analyst Downgrade Summary
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08:06 EDTGPORGulfport Energy downgraded to Accumulate from Buy at KLR Group
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08:04 EDTGPORGulfport Energy price target raised to $60 from $50 at Stifel
Stifel increased its price target on Gulfport after the company reported higher than expected Q1 production and agreed to acquire Paloma Partners III, LLC for approximately $300M. The firm keeps a Buy rating on the stock.
07:22 EDTREXXIndependent Petroleum Association of America to hold a conference
IPAA-OGIS New York is being held in New York on April 20-22.
07:13 EDTREXXRex Energy reports Q1 production 196 MMcfe/d
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