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Stock Market & Financial Investment News

News Breaks
August 21, 2014
07:38 EDTROSERosetta Resources upgraded to Accumulate from Hold at KLR Group
KLR Group upgraded Rosetta Resources to Accumulate with a $59 price target citing solid Eagle Ford execution.
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July 20, 2015
17:13 EDTROSENoble Energy closes acquisition of Rosetta Resources
Noble Energy (NBL) announced that the stockholders of Rosetta Resources (ROSE) overwhelmingly approved the merger of Rosetta into a subsidiary of Noble Energy. The transaction closed following the shareholder meeting and the merger will be effective at the end of the day. In conjunction with the closing, Rosetta will become a wholly owned subsidiary of Noble Energy and Rosetta CEO James Craddock will join the Noble Energy board. Highlights of the acquisition for Noble Energy include: Approximately 50,000 net acres in the Eagle Ford Shale and 56,000 net acres in the Permian; Year-end 2014 proved reserves of 282M barrels of oil equivalent; Current production of approximately 63 thousand barrels of oil equivalent per day; More than 1,800 gross horizontal drilling locations identified for development, with net unrisked resource potential of approximately 1B barrels of oil equivalent; Noble Energy anticipates more than 15% annual production growth to an average of more than 100 thousand barrels of oil equivalent per day in 2018; Substantial operational synergies expected across the combined onshore U.S. portfolio.
08:25 EDTROSERosetta Resources to host special shareholder meeting
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July 17, 2015
07:16 EDTROSERosetta Resources reports Q2 production up 2% to 63.0 MBoe/d
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07:13 EDTROSERosetta Resources reports Q2 adjusted EPS 16c, consensus 0c
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July 14, 2015
17:52 EDTROSES&P announces changes to the S&P 500, 400, 600, and 100 indices
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17:26 EDTROSESynaptics to replace Rosetta Resources in S&P 400 as of 7/20 close
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