Stock Movements, Company Announcements, and Simplified Corporate Structures - Research Report on Ultra Petroleum, Cobalt International Energy, Enterprise Products, WPX Energy, and Laredo Petroleum
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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:
http://www.AnalystsCorner.com/r/full_research_report/5c3b_UPL
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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:
http://www.AnalystsCorner.com/r/full_research_report/3cc8_CIE
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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:
http://www.AnalystsCorner.com/r/full_research_report/7450_EPD
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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:
http://www.AnalystsCorner.com/r/full_research_report/6089_WPX
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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:
http://www.AnalystsCorner.com/r/full_research_report/1d7a_LPI
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