Stock Movements, Company Announcements, and Simplified Corporate Structures - Research Report on Ultra Petroleum, Cobalt International Energy, Enterprise Products, WPX Energy, and Laredo Petroleum
Editor Note: For more information about this release, please scroll to bottom
29 Nov, 2013, 08:00 ET
NEW YORK, November 29, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Ultra Petroleum Corp. (NYSE: UPL), Cobalt International Energy, Inc. (NYSE: CIE), Enterprise Products Partners LP (NYSE: EPD), WPX Energy, Inc. (NYSE: WPX), and Laredo Petroleum Holdings, Inc. (NYSE: LPI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ultra Petroleum Corp. Research Report
On November 26, 2013, Ultra Petroleum Corp.'s (Ultra Petroleum) stock declined 1.79%, ending the day at $20.34. Over the previous three trading sessions, shares of Ultra Petroleum increased 2.88% compared to the Dow Jones Industrial Average which also increased 0.39% during the same period. The Full Research Report on Ultra Petroleum Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Cobalt International Energy, Inc. Research Report
On November 26, 2013, Cobalt International Energy, Inc.'s (Cobalt) stock increased 0.66%, ending the day at $22.80. Over the previous three trading sessions, shares of Cobalt increased 0.62% compared to the Dow Jones Industrial Average which also increased 0.39% during the same period. The Full Research Report on Cobalt International Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Enterprise Products Partners LP Research Report
On November 19, 2013, Enterprise Products Partners LP (Enterprise) reported that the eighth natural gas liquids (NGL) fractionator at the partnership's Mont Belvieu, Texas complex is now live. The Company informed that the new unit can fractionate at least 85,000 barrels per day (BPD) of NGL, improving the total NGL fractionation capacity at Enterprise's Mont Belvieu facility to an estimated 655,000 BPD. The partnership's eighth fractionator will accommodate the rise in NGL production from domestic shale plays, along with the Eagle Ford in South Texas, and other basins in the Rocky Mountain and Mid-continent regions. Michael A. Creel, CEO of Enterprise's general partner, commented, "Our eighth NGL fractionator is the second unit Enterprise has placed into service at Mont Belvieu in the last two months, both of which were completed ahead of schedule and within budget. In just three years, total NGL fractionation capacity at the partnership's Mont Belvieu complex has increased, from 400,000 BPD to 655,000 BPD, demonstrating our ability to respond quickly, efficiently and safely to the demand for midstream infrastructure that meets the country's evolving energy landscape. System wide, Enterprise now has more than 1 million BPD of NGL fractionation capacity." The Full Research Report on Enterprise Products Partners LP - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
WPX Energy, Inc. Research Report
On November 19, 2013, WPX Energy, Inc. (WPX Energy) reported that it plans to create a master limited partnership (MLP) in H1 2014 while also offer to the public common units representing limited partner units in the MLP. According to the Company, MLP will hold working interests in mature, producing natural gas properties in the Piceance Basin in Colorado. To be named as WPX Energy Partners, L.P., the MLP anticipates to file registration statement with the U.S. Securities and Exchange Commission in early 2014 for an initial public offering of the common units. The Company anticipates contributing to the MLP mature, producing natural gas properties located in the Piceance Basin of Colorado. The Full Research Report on WPX Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Laredo Petroleum Holdings, Inc. Research Report
On November 25, 2013, Laredo Petroleum Holdings, Inc. (Laredo Petroleum) reported that it intends to effect an internal corporate reorganization by the end of the year, which would unite its wholly-owned subsidiary Laredo Petroleum, Inc. with and into its Parent, Laredo Petroleum, with the Parent surviving the merger. Subject to conditions, the merger does not require stockholder approval. In relation to the merger, the Parent will change its name to Laredo Petroleum, Inc. In relation to the merger, the Change of Control offer is slated to expire at 9:00 a.m. ET, on December 31, 2013, unless extended. To take part in the Change of Control offer, Notes must be tendered before the close of business on December 26, 2013, unless the expiration date is extended. Laredo Petroleum further reported that it has retained Wells Fargo Bank, National Association as the depositary for the Change of Control offer. The Full Research Report on Laredo Petroleum Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner
Share this article