KeyBanc Downgrades EPL Oil & Gas (EPL) to Hold
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March 13, 2014 8:46 AM EDT
Johnson Rice downgraded EPL Oil & Gas (NYSE: EPL) from Overweight to Equalweight.
For an analyst ratings summary and ratings history on EPL Oil & Gas click here. For more ratings news on EPL Oil & Gas click here.
Shares of EPL Oil & Gas closed at $37.50 yesterday, with a 52 week range of $23.27-$42.64.... More
March 13, 2014 6:52 AM EDT
Global Hunter Securities downgraded EPL Oil & Gas (NYSE: EPL) from Accumulate to Neutral.
For an analyst ratings summary and ratings history on EPL Oil & Gas click here. For more ratings... More
March 12, 2014 6:33 AM EDT
Energy XXI (Nasdaq: EXXI) and EPL Oil & Gas, Inc. (NYSE: EPL) announced the signing of a definitive merger agreement pursuant to which Energy XXI will acquire all of EPL's outstanding shares for total consideration of $2.3 billion, including the assumption of debt. As a result of the merger, Energy XXI will become the largest public independent producer on the Gulf of Mexico shelf, with production of approximately 65,000 barrels of oil equivalent (BOE) per day, 70 percent oil, including a reduction related to the pending divestiture of non-operated interests in the Eugene... More
