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It's not an ongoing process. It's a process that they're working through and it remains a priority for Noble. I don't think they're going to talk any more about the details until that process is complete. Back in April, Noble Energy ( NBL ) disclosed that it had begun a strategic review ...
Hello, I am Matt Sallee, Energy Portfolio Manager at Tortoise. Well, last week started off with some entertainment from the G7 as Americans everywhere held their collective breath to see what the President would say and we weren’t let down. My personal favorite part was when he said, ...
Adams County becomes the first Colorado county to adopt new oil and gas regulations since the state passed a law that enhanced local control over fossil fuel development. More news on: Extraction Oil & Gas, Inc., PDC Energy, Inc., Bonanza Creek Energy, Inc., Read more ...
Merger activity remained unchanged last week with four new deals announced and three deals closing. Deal Statistics: New Deals: The acquisition of SRC Energy (SRCI) by PDC Energy (PDCE) for $1.7 billion in an all-stock deal. Under the terms of the agreement, SRC shareholders wil...
NEW YORK , Aug. 30, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York City , is investigating: Ecology & Environment, Inc. ( ...
August 26th shaped up to be a big day for shareholders in PDC Energy ( PDCE ) and SRC Energy ( SRCI ) following news that broke that the former has agreed to acquire the latter in an all-stock deal valued (inclusive of net debt) at $1.7 billion. In response to the development, shares of ...
SRC Energy ( SRCI +0.8% ) is downgraded to Neutral from Buy with a $5 price target, trimmed from $6, at MKM Partners following the company's planned acquisition by PDC Energy. More news on: SRC Energy Inc., Parsley Energy, Inc., Energy stocks news, Read more ...
The stock market moved higher on Monday, aided by friendlier talk on the trade front. Comments from President Trump at the G7 summit in France struck a more positive tone, opening the possibility of talks not just with China, but also with Iran. Major benchmarks were up nicely, but some stocks p...
Finally two E&P companies get it right. PDC ( PDCE ) and SRC ( SRCI ) are merging in a multi-billion dollar deal . The deal is expected to generate $50 million in annual G&A savings, and is expected to be accretive on a broad range of metrics. In response, the shares of both compani...
NEW YORK, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of SRC Energy Inc. (NYSE: SRCI) to PDC Energy, Inc. (“PDC”) is fair to SRC shareholders. On behalf of SRC shareholders, Halper Sadeh LLP...
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DENVER, Jan. 14, 2020 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (NASDAQ: PDCE) (“PDC”) today announced that it has completed its acquisition of SRC Energy Inc. (NYSE: SRCI) (“SRC”). The merger was previously approved by PDC stockholders and SRC ...
NEW YORK , Jan. 6, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600: PC Connection Inc. (NASD:CNXN) will replace Jagged Peak Energy Inc. (NYSE:JAG) effective prior to the open of trading on Friday, January 10 . Parsley Energy I...
NEW YORK , Nov. 22, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City , is investigating potential claims involving the directors and officers regarding possible breaches of fiduciary duties and other violations of law rel...