Tag: Magnum Hunter Resources

  • Basic Material Top Losers: Magnum Hunter Resources (NYSE:MHR), Kinder Morgan Energy Partners LP (NYSE:KMP), CAK, ASM

    A number of analysts have recently weighed in on Magnum Hunter Resources Corp (NYSE:MHR) shares. Analysts at Capital One Financial Corp. upgraded shares of Magnum Hunter Resources Corp. from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, February 18th. Magnum Hunter Resources Corp (NYSE:MHR) stock opened at $8.86 in last session, and closed at $8.44, while the day range of MHR stock is $8.10-$9.27.The stock showed a negative weekly performance of -2.88%.

    Kinder Morgan Energy Partners (NYSE:KMP) COO Steven J. Kean acquired 6,600 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average cost of $75.50 per share, with a total value of $498,300.00. Following the completion of the purchase, the chief operating officer now directly owns 10,830 shares in the company, valued at approximately $817,665. The acquisition was disclosed in a filing with the SEC. Kinder Morgan Energy Partners LP (NYSE:KMP) stock opened at $75.73, in last session and closed at $74.32, by gained -5.25%.The 52 week range was $73.25-$92.99.Company’s market capitalization is $32.96 billion.

    CAMAC Energy now has operatorship and a 100% interest in 8 production and exploration licenses in 3 countries, including the OMLs, Blocks L1B and L16 onshore Kenya, Blocks L27 and L28 offshore Kenya, and Blocks A2 and A5 offshore Gambia. Total net acreage is just over 41,000 square kilometers, or approximately 10 million acres. Current net daily production is approximately 2,000 barrels of oil, and 40 million cubic feet of natural gas. CAMAC Energy Inc (NYSEMKT:CAK) stock gained 19.11% and finished the last session at $0.680.

    The Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM), yesterday announced the completion of its ATM public offering in US, drawing roughly about 2.5 million shares with resulting gross proceeds of $5.7 million. The proceeds are expected to boost operations in its plants and advancement of mining operations. The company CEo stated that this offering has resulted in “minimal dilution its share structure”. Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM) stock opened the session at $2.50, and closed the session at $2.19.The 52 week range of the ASM stock remained $0.71-$2.84 and the day range was $2.17-$2.50.