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3 More MLPs Hit By Wall Street; Citi Analysts See Challenging Spring
Monday, March 21, 2016 - 9:19am | 578Read More...Citi’s Faisel Khan said that upstream MLPs are likely to continue to face “an extremely challenging 2016 with low liquidity and high levels of debt.” He expects upstream MLPs to exit 1Q with an average of around 80 percent drawn on their bank credit facilities. A majority of the...
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Benzinga's Top Downgrades
Monday, February 29, 2016 - 9:15am | 353Read More...Analysts at Pacific Crest downgraded SanDisk Corporation (NASDAQ: SNDK) from Overweight to Sector Perform. SanDisk shares closed at $72.08 on Friday. Analysts Argus Research downgraded General Motors Company (NYSE: GM) from Buy to Hold. General Motors shares closed at $29.62 on Friday. Wunderlich...
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Benzinga's Top Downgrades
Tuesday, November 24, 2015 - 9:04am | 364Read More...Analysts at Deutsche Bank downgraded Infoblox Inc (NYSE: BLOX) from Hold to Sell. The price target for Infoblox has been lowered to $13. Infoblox shares closed at $15.74 on Monday. Analysts at JP Morgan downgraded Brocade Communications Systems, Inc. (NASDAQ: BRCD) from Overweight to Neutral. The...
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Morning Market Losers
Tuesday, May 19, 2015 - 8:49am | 380Read More...Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE: YGE) shares dipped 38.26 percent to $ 0.920 as the company expressed "substantial doubt...to continue as a going concern." Vertex Energy Inc (NASDAQ: VTNR) shares slipped 22.82 percent to $2.57. Vertex Energy reported a Q1 loss of $0.60 per share...
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Atlas Resource Partners To Enter Eagle Ford Shale Through Acquisition Of Oil Rich Production And Undeveloped Locations
Wednesday, September 24, 2014 - 7:42am | 682Read More...-- Atlas Resource Partners, L.P. (ARP) to acquire 12 Mmboe of oil-rich reserves in the Eagle Ford Shale for $225 million -- The oil production is expected to significantly increase distributable cash flow and further improve distribution coverage and leverage ratios -- Undeveloped drilling...
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Atlas Resource Partners, L.P. Increases Monthly Distribution To $0.1966 For June 2014
Thursday, July 24, 2014 - 3:31pm | 74Read More...Atlas Resource Partners, L.P. (NYSE: ARP) today declared an increased monthly distribution for the month of June 2014 of $0.1966 per common unit, or $2.36 per common unit on an annualized basis. This $0.1966 per common unit distribution represents an approximate 2% increase from the May 2014...
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UPDATE: Atlas Resource Partners to Buy Low-Decline Oil Properties for ~$420M
Wednesday, May 7, 2014 - 7:49am | 453Read More...Atlas Resource Partners, L.P. (NYSE: ARP)("ARP" or "the Company") announces that it has entered into a definitive agreement to acquire total reserves of approximately 47 million barrels of oil equivalent ("Mmboe") of oil and natural gas liquids ("NGLs"), including proved developed producing...
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Atlas Resource Partners, L.P. Announces Pricing of 5.5M Share Public Offering of Common Units at $21.18
Tuesday, March 4, 2014 - 8:12am | 837Read More...Atlas Resource Partners, L.P. (NYSE: ARP) announced today that it has priced an underwritten public offering of 5,500,000 common units representing limited partner interests at an offering price of $21.18. Wells Fargo Securities, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and...
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Atlas Resource Partners, L.P. Announces Public Offering of 5.5M Common Units
Monday, March 3, 2014 - 4:11pm | 826Read More...Atlas Resource Partners, L.P. (NYSE: ARP) announced today that it has commenced an underwritten public offering of 5,500,000 common units representing limited partner interests. Wells Fargo Securities, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets are...
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Benzinga's Top Initiations
Thursday, February 20, 2014 - 7:57am | 155Read More...Analysts at Morgan Stanley initiated coverage on shares of GasLog (NYSE: GLOG) with an “overweight” rating. The target price for GasLog is set to $26. GasLog's shares closed at $20.86 yesterday. JPM initiated coverage on shares of Booz Allen Hamilton Holding (NYSE: BAH) with an “overweight” rating...
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Benzinga's Top Initiations
Tuesday, July 9, 2013 - 7:40am | 158Read More...Analysts at Cantor Fitzgerald initiated coverage on shares of Verastem (NASDAQ: VSTM) with a “buy” rating. The target price range for Verastem is set to $22. Verastem's shares closed at $14.79 yesterday. ACI Research initiated coverage on shares of BlackBerry (NASDAQ: BBRY) with a “strong buy”...
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Benzinga's Volume Movers
Monday, July 8, 2013 - 9:38am | 142Read More...Breitburn Energy Partners LP (NASDAQ: BBEP) shares moved up 4.30% to $15.90. The volume of Breitburn Energy Partners shares traded was 353% higher than normal. Robert W. Baird upgraded the stock from “neutral” to “outperform.” Atlas Resource Partners LP (NYSE: ARP) shares rose 4.77% to $20.63. The...
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Morning Market Losers
Wednesday, July 3, 2013 - 9:04am | 101Read More...Atlas Resource Partners LP (NYSE: ARP) dropped 12.42% to $18.83. Atlas Resource Partners' trailing-twelve-month ROE is -7.99%. Mediabistro (NASDAQ: MBIS) plummeted 10.46% to $1.5401. Mediabistro shares have dropped 60.37% over the past 52 weeks, while the S&P 500 index has gained 18.02% in the...
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Bank of America Reiterates Neutral on Atlas Resource Partners on EP Assets Acquisition
Monday, June 17, 2013 - 7:40am | 166Read More...In a report published on Monday, Bank of America analyst Abhishek Sinha reiterated a Neutral rating on Atlas Resource Partners (NYSE: ARP) and a price objective of $26.00. In the report, Bank of America stated, "In our view, the acquisition diversifies ARP's reserves and production mix while...
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A Peek Into The Market Before The Trading Starts
Tuesday, June 11, 2013 - 6:24am | 370Read More...Pre-open movers US stock futures are lower this morning, as investors are awaiting wholesale trade data. Futures for the Dow Jones Industrial Average tumbled 111 points to 15,117.00 and S&P 500 index futures fell 13.80 points to 1,628.30. Nasdaq 100 futures dropped 24.50 points to 2,962.50. A...
