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TotalEnergies Inks Another Eagle Ford Basin Deal, Exec Says Stake Purchase 'Strengthens Upstream Gas Position'
Friday, September 27, 2024 - 9:29am | 391TotalEnergies SE (NYSE:TTE) shares are trading higher premarket Friday. The company reached an agreement with Lewis Energy Group to acquire a 45% stake in its dry gas-producing assets in Texas’ Eagle Ford basin for an undisclosed amount. Terms of the deal were not disclosed. The acquisition...
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WildHorse's Decline 'Makes Little Sense,' SunTrust Says In Upgrade
Thursday, August 9, 2018 - 1:07pm | 360Wildhorse Resource Development Corp (NYSE: WRD), is a single-basin story and pure-play NE Eagle Ford company whose stock sold off Wednesday for no legitimate reason, according to SunTrust. The Analyst SunTrust Robinson Humphrey's Welles Fitzpatrick upgraded WildHorse Resource Development from...
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KeyBanc Identifies Multiple Points Of Concerns In Carrizo Oil & Gas' Q4
Tuesday, February 27, 2018 - 10:23am | 386Carrizo Oil & Gas Inc (NASDAQ: CRZO) reported fourth-quarter results Monday that prompted KeyBanc Capital Markets to "dramatically" lower its estimates and outlook for the Houston-based energy name. The Analyst KeyBanc's Chris Stevens downgraded Carrizo Oil...
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Eagle Ford, Texas Shale Oil, Still Has Plenty Of Life
Wednesday, June 7, 2017 - 8:37am | 420The Eagle Ford, a sedimentary rock formation in south Texas that has produced more than 3.8 billion barrels of oil equivalent since 2008, still has plenty of life left if the oil bust ever ends. Oil and Gas Investor magazine reported that Lonestar Resources US Inc. (NASDAQ: LONE) said May 30 it...
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Is Kinder Morgan Moving Closer To A Dividend Increase?
Thursday, October 20, 2016 - 10:23am | 391Analyzing the third-quarter results of Kinder Morgan Inc (NYSE: KMI), Goldman Sachs said the company may be moving closer to a dividend increase. 3Q Results Analyst Theodore Durbin noted that the company reported third-quarter adjusted EBITDA of $1.77 billion, in line with the consensus estimate...
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Market Wrap For June 20: Yet Again, Dow And S&P 500 Indices Hit New Highs
Friday, June 20, 2014 - 4:40pm | 2263U.S. stocks were slightly higher as the Dow and S&P 500 indices continue hitting new all-time highs following positive comments from the Fed's Chief Janet Yellen earlier this week. The Dow continues to flirt with the 17,000 mark and hit a historical intra-day high of 16,978.0 Friday...