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Stock Market & Financial Investment News

News Breaks
November 28, 2012
14:29 EDTPDCE, GPOR, REXXPDC 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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September 19, 2014
10:28 EDTPDCEPDC Energy settlement removes legal overhang, says Wells Fargo
Wells Fargo says PDC Energy's class action settlement removes a legal overhang and ongoing expenses. Wells believes the $11.5M settlement came in largely below expectations. It keeps an Outperform rating on the stock.
09:02 EDTPDCEPDC Energy agrees to settle settle securities class action
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September 16, 2014
09:44 EDTREXXMorgan Stanley to hold a summit
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September 10, 2014
14:56 EDTREXXFranklin Resources reports 12.6% passive stake in Rex Energy
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11:06 EDTGPORHigh option volume stocks
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September 8, 2014
10:06 EDTGPOROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AIG (AIG) initiated with a Buy at Citigroup... Agilent (A) initiated with an Equal Weight at Morgan Stanley... Altisource Residential (RESI) initiated with a Neutral at JPMorgan... AngloGold (AU) initiated with an Overweight at JPMorgan... Arista Networks (ANET) initiated with an Outperform at FBN Securities... C1 Financial (BNK) initiated with a Buy at Wunderlich... Cherokee (CHKE) initiated with a Buy at Roth Capital... ContraFect (CFRXU) initiated with a Buy at Maxim... DRDGOLD (DRD) initiated with an Underweight at JPMorgan... Enable Midstream (ENBL) initiated with an Equal Weight at Morgan Stanley... Enservco (ENSV) initiated with an Outperform at Northland... GoPro (GPRO) initiated with an Outperform at FBN Securities... Gold Fields (GFI) initiated with an Overweight at JPMorgan... Gulfport Energy (GPOR) initiated with an Equal Weight at Morgan Stanley... Harmony Gold (HMY) initiated with a Neutral at JPMorgan... Illumina (ILMN) initiated with an Equal Weight at Morgan Stanley... LINN Energy (LINE) reinstated with an Outperform at Credit Suisse... LinnCo (LNCO) reinstated with an Outperform at Credit Suisse... Randgold (GOLD) initiated with a Neutral at JPMorgan... Rentrak (RENT) initiated with a Buy at Needham... Rice Energy (RICE) initiated with an Accumulate at KLR Group... SanDisk (SNDK) initiated with an Outperform at FBN Securities... Seadrill (SDRL) initiated with a Sell at Canaccord... Tesla (TSLA) initiated with an Outperform at FBN Securities... Thermo Fisher (TMO) initiated with an Overweight at Morgan Stanley... Waters (WAT) initiated with an Underweight at Morgan Stanley... Whiting Petroleum (WLL) initiated with an Equal Weight at Morgan Stanley.
06:09 EDTGPORGulfport Energy initiated with an Equal Weight at Morgan Stanley
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