Movers and Shakers in the Energy Space: Complementary Research on CONSOL, Magnum Hunter, Basic Energy, Penn Virginia and Laredo Petroleum
NEW YORK, May 5, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including CONSOL Energy Inc. (NYSE: CNX), Magnum Hunter Resources Corp. (NYSE: MHR), Basic Energy Services, Inc. (NYSE: BAS), Penn Virginia Corp. (NYSE: PVA), and Laredo Petroleum, Inc. (NYSE: LPI). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
--
Today's update concerns the following companies:
============
Full PDF Download Links (you may have to copy and paste the following links into your browser):
CNX Research Report: ( http://get.analystsreview.com/pdf/?c=CONSOL&d=05-May-2015&s=CNX ),
MHR Research Report: ( http://get.analystsreview.com/pdf/?c=Magnum%20Hunter&d=05-May-2015&s=MHR ),
BAS Research Report: ( http://get.analystsreview.com/pdf/?c=Basic%20Energy&d=05-May-2015&s=BAS ),
PVA Research Report: ( http://get.analystsreview.com/pdf/?c=Penn%20Virginia&d=05-May-2015&s=PVA ),
LPI Research Report: ( http://get.analystsreview.com/pdf/?c=Laredo%20Petroleum&d=05-May-2015&s=LPI ).
============
--
Analyst Update: Financial Results, Business Updates and Operational Results
U.S. stocks closed higher on Monday, led by better than expected corporate earnings. The S&P 500 closed at 2114.49, up 0.29%, the Dow Jones Industrial Average gained 0.26% to 18070.4, and the NASDAQ Composite ended the session at 5016.929, up 0.23%. European stocks gained on Monday, supported by strong manufacturing data across the region. Germany's DAX 30 rose 1.44%, and France's CAC 40 jumped 0.70%, while U.K. markets were closed for a public holiday. Meanwhile, Asian markets were mostly up on Monday, amid expectations that China will deploy stimulus measures to tackle slowing economic growth. The Shanghai Composite and Australia's S&P ASX ended higher, while Hong Kong's Hang Seng index closed flat.
CONSOL Energy Inc. reported on April 28, 2015 that its E&P division had an outstanding quarter, achieving a record production of 71.6 Bcfe (billion cubic feet equivalent) in Q1 2015, 48% higher than the 48.4 Bcfe in same quarter last year.
On April 15, 2015, Magnum Hunter Resources Corporation reported its operational results for Q1 FY 2015. The Company reported that its oil and gas production increased approximately 66% to almost 14.7 Bcfe for the quarter ended March 31, 2015.
Basic Energy Services Inc., reported its financial and operating results for Q1 FY 2015 on April 23, 2015. The Company reported a decline in revenue by 35% to $261.7 million from $400.9 million in Q4 FY 2014. The decline was attributable to all lines of services experiencing reduced activity levels and pricing pressures.
Penn Virginia Corporation announced on April 14, 2015 that the Company intends to release its Q1 FY 2015 financial results on May 11, 2015 after the close of the markets. According to the announcement, the Company will hold a conference call to discuss the results on May 12, 2015 at 10:00 a.m.
On April 13, 2015, Laredo Petroleum Inc., held an investor meeting and provided updates on the Company's business strategies, details on key projects and plans for growth. The Company announced preliminary production volumes of 4.27 million barrels of oil equivalent (MMBOE) for the first quarter of 2015 which is a Company record and is 47% higher than the corresponding figure for Q1 2014.
--
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
--
Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, sponsored by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article