|Day Low/High||1.32 / 1.37|
|52 Wk Low/High||0.57 / 2.21|
It's a great time to invest in smaller E&Ps, and these 3 will outperform the markets for the balance of 2017.
To buy or short an independent energy stock with commodity prices at current levels, it takes deep-dive research on individual names.
Acquisition Financed by Increase in Ares Convertible Notes
In trading on Wednesday, shares of Gastar Exploration Inc.'s 10.75% Series B Cumulative Preferred Stock were yielding above the 11.5% mark based on its monthly dividend (annualized to $2.6875), with shares changing hands as low as $22.64 on the day. This compares to an average yield of 1.87% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel.
Investors in Gastar Exploration Inc. saw new options begin trading this week, for the September 15th expiration.
A turnaround may be in the sights for the industry but many companies could still look toward divestitures to strengthen their finances and put money in the bank for acquisitions.
Energen, Gulfport Energy, Laredo Petroleum, Newfield Exploration, PDC Energy and SM Energy top Williams Capital Group's takeout list.
Who are the mid-cap picks as the narrative in the energy industry moves from survival to expansion? Wunderlich weighs in.
The KLR Group initiated coverage of the company with a $21 price target, saying it has substantial intrinsic value.
Shipping company's shares bob back to the surface after falling hard.