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Pin to quick picksMagnolia Petroleum Share News (MAGP)

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6 May 2014 10:21

CORRECT: UK WINNERS & LOSERS: Balfour Beatty Drops 18% On Profit Warning

(Correcting AstraZeneca made its statement on Tuesday.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Persimmon, up 3

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6 May 2014 10:19

UK WINNERS & LOSERS: Balfour Beatty Drops 18% On Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Persimmon, up 3.6%, and Barratt Developments, up 1.8%. The h

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6 May 2014 08:51

Magnolia Petroleum Says Its US Gas Reserves Downgraded

LONDON (Alliance News) - Magnolia Petroleum PLC Tuesday said it suffered a significant downgrade in its proved and producing gas reserves following a reassessment of the Mississippi Lime region geology in the US. The US-focused onshore oil and gas production company, which takes small stake

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6 May 2014 08:44

Tuesday broker round-up UPDATE

Antofagasta: RBC Capital upgrades to buy with a target price of 900p. Barclays: Numis downgrades from add to hold with a target price of 280p. BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation. Britvic: Numis raises target price to 684p and keeps

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14 Apr 2014 11:07

Magnolia Petroleum Increases Production And Participates In Two New Wells

LONDON (Alliance News) - Magnolia Petroleum PLC Monday said it has started production at its Bolay #1-19HW site and is participating in two new wells in Oklahoma at a cost of USD225,018. The US-focused onshore oil and gas production company, which takes small stakes in multiple wells in hig

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2 Apr 2014 11:44

Magnolia Petroleum To Increase Producing Wells In Its 2nd Quarter

LONDON (Alliance News) - Magnolia Petroleum PLC Wednesday said it expects a range of new wells to come into production during the second quarter after adding 29 new wells to its portfolio during its first quarter. The US-focused onshore oil and gas production company, which takes small stak

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14 Mar 2014 12:18

UK MIDDAY BRIEFING: London IPO Market Continues To Boom

LONDON (Alliance News) - The strong start to the year for UK initial public offerings continued Friday as Boohoo.com became the fifth UK retailer to float in 2014, conditional dealings for oil rigs company Gulf Marine Services got under way, and OneSav

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14 Mar 2014 11:04

UK WINNERS & LOSERS: Sainsbury's, Tesco Rebound From Morrisons Knock

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.

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FTSE 100 - WINNERS

J Sainsbury, up 3.2%, and Tesco, up 0.9%. The food retai

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14 Mar 2014 10:15

Magnolia Petroleum Expects Full-Year EBITDA Ahead Of Expectations

LONDON (Alliance News) - Magnolia Petroleum PLC Friday said it expects full-year earnings before interest, taxation, depreciation and amortisation, adjusted for any foreign exchange gains or losses, to be ahead of market expectations, with revenues in line with expectations. The US-focused

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14 Mar 2014 07:52

Magnolia Petroleum to report stronger-than-expected results

AIM-listed US onshore outfit Magnolia Petroleum said it expects adjusted annual profits to be ahead of market expectations. The company, which continues to expect 240% growth in 2013 revenues, said that earnings before interest, tax, depreciation and amortisation - adjusted for currency movements -

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4 Mar 2014 12:34

Magnolia Participates In Another Two Oklahoma Wells

LONDON (Alliance News) - Magnolia Petroleum PLC Tuesday said it is participating in further two wells in Oklahoma, bringing its total number of wells to 205, with 142 producing. The US-focused onshore oil and gas production company, which takes small stakes in multiple wells in highly prosp

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17 Feb 2014 12:36

Magnolia Petroleum Predicts Production Boost From New Wells Proposal

LONDON (Alliance News) - Magnolia Petroleum PLC Monday said it expects strong production growth after Devon Energy Corp proposed drilling eight wells on a single lease in Oklahoma. The US-focused onshore oil and gas production company, which takes small stakes in multiple wells in highly pr

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17 Feb 2014 09:51

Magnolia Petroleum shares rise on plans to drill eight wells in Oklahoma

Shares in AIM-listed oil and gas explorer Magnolia Petroleum rose 0.08p, or 3.4 per cent, to 2.28p as the firm said it was joining a drilling programme of eight wells on an Oklahoma lease operated by partner Devon Energy. Magnolia, which has a 4.1% interest in the Marion 1-23 area to be drilled, s

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7 Feb 2014 10:10

Magnolia Petroleum expects strong production growth

Magnolia Petroleum expects to see a rise in production after receiving a "large number" of proposals from operators to drill infill wells across its US onshore portfolio. Operators, such as Devon Energy, Newfield Exploration, Chesapeake Energy and Kodiak Exploration, have put forward proposals for

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7 Feb 2014 09:33

Magnolia Petroleum Receives Proposals To Drill Increased Density Wells

LONDON (Alliance News) - Magnolia Petroleum PLC Friday said it has received a large number of operator proposals to drill increased density or infill wells across its US onshore leases. The US-focused onshore oil and gas production company, which takes small stakes in multiple wells in high

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