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Stock Market & Financial Investment News

News Breaks
January 14, 2013
09:32 EDTROSERosetta Resources upgraded to Buy from Accumulate at Global Hunter
Global Hunter upgraded Rosetta Resources due to strong production growth and high margin properties.
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December 17, 2014
05:11 EDTROSERosetta Resources sees FY15 production 76-82 MBoe/d
Rosetta expects FY15 production to range from 7682 thousand barrels of oil equivalent per day, or MBoe/d. The average oil ratio is expected to be approximately 27%. As part of Rosetta's ongoing risk management, the company recently placed additional hedges for its 2015 forecasted crude oil production. The company added roughly 7,000 barrels of oil per day in the form of costless collars with an average Louisiana Light Sweet, or LLS, floor price of $55 per barrel and an average ceiling of approximately $85 per barrel. Rosetta expects direct lease operating expense, or LOE, unit costs to average from $2.95$3.20 per Boe in 2015. Total LOE, including direct LOE, workover expenses and insurance are anticipated to approximately range from $4.50$4.85 per Boe in 2015.
05:11 EDTROSERosetta Resources sees FY15 capital spending $700M-$800M
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