|Day Low/High||11.32 / 12.90|
|52 Wk Low/High||10.92 / 21.12|
Gobbling up privately held acreage may continue to be a major priority for strategics in 2017, but so too will asset sales and equity raises as low leverage remains vital.
The distressed natural gas producer, which has been working to reduce its debt, announced a $465 million asset sale Tuesday and the early results for its senior note tender offers.
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.
Here are Wednesday's top research calls, including downgrades for Bruker, Endologix, Mosaic and Trex.
U.S. banks from JPMorgan Chase to Citigroup and Bank of America have become financial supermarkets, reaping juicy fees from selling stocks for distressed oil companies that were previously big borrowers.
Here are Monday's top research calls, including upgrades for Groupon and Humana, and downgrades for Monster Beverage and Merck.
After plunging nearly 7%, West Texas Intermediate crude futures rebounded slightly in early morning trading Friday, yet U.S. producers continued to take a hit on the market.
QEP Resources' (QEP) stock price target was increased to $20 from $18 at Cantor Fitzgerald.
Shares of QEP Resources taking a hit on Wednesday after the company said it plans to spend about $600 million to acquire 9,400 in new acreage in Texas's Permian Basin.
QEP Resources (QEP) stock is lower this morning after announcing it will spend $600 on acreage in Texas's Permian Basin.
Trade-Ideas LLC identified QEP Resources (QEP) as a pre-market mover with heavy volume candidate
Markets were up slightly as crude returned to $50 a barrel and a 'Brexit' appears unlikely.