ArcLight to Sell Element Petroleum II's Remaining Permian Basin Assets
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KLR Group Raises Price Target on Callon Petroleum (CPE) Following Announced Acquisition
September 9, 2016 8:08 AM EDTKLR Group reiterated a Buy rating on Callon Petroleum (NYSE: CPE), and raised the price target to $21.00 (from $18.00), following the company's announced agreement to acquire ~5,667 and an overriding royalty interest in three 480 acre units offsetting the acreage net acres in Howard County for ~$327 million.... More
FBR Capital Raises Price Target on Callon Petroleum (CPE) to $19 Following Acquisition
September 9, 2016 6:56 AM EDTFBR Capital reiterated an Outperform rating on Callon Petroleum (NYSE: CPE), and raised the price target to $19.00 (from $17.00), following the company's acquisition of the Midland Basin. The purchase expands the company's WildHorse operating area in Howard County by 5,667 net acres and 112 net locations for... More
Canaccord Genuity Raises Price Target on Callon Petroleum (CPE) Following Acquisition
September 8, 2016 9:53 AM EDTCanaccord Genuity reiterated a Buy rating on Callon Petroleum (NYSE: CPE), and raised the price target to $18.00 (from $15.00), following the company's acquisition of 5.7K net acres in northwest Howard.
Analyst Sam Burwell commented, "CPE is acquiring 5.7K net acres in northwest Howard, thus... More
