QR Energy (QRE) Posts Q2 Loss of $1.05/Share
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Wunderlich Securities Upgrades QR Energy (QRE) to Buy
July 28, 2014 6:58 AM EDTWunderlich Securities upgraded QR Energy (NYSE: QRE) from Hold to Buy with a price target of $24.50.
For an analyst ratings summary and ratings history on QR Energy click here. For more ratings news on QR Energy click here.
Shares of QR Energy closed at $20.15 yesterday.
... MoreCredit Suisse Starts QR Energy (QRE) at Outperform
July 25, 2014 8:27 AM EDTCredit Suisse initiated coverage on QR Energy (NYSE: QRE) with an Outperform rating and a price target of $22.50.
For an analyst ratings summary and ratings history on QR Energy click here. For more ratings news on QR Energy click here.
Shares of QR Energy closed at $20.59 yesterday.
... MoreBreitBurn Energy Partners (BBEP) to Acquire QR Energy (QRE) in $3B Deal
July 24, 2014 6:34 AM EDTBreitBurn Energy Partners, L.P. (NASDAQ: BBEP) and QR Energy, LP (NYSE: QRE) announced the signing of a definitive merger agreement pursuant to which Breitburn will acquire QR Energy in a unit-for-unit exchange implying a transaction value of approximately $3.0 billion, including QR Energys existing net debt and outstanding Class C Convertible Preferred Units.
As a result of the merger, Breitburn will become the largest, oil-weighted upstream oil and gas master limited partnership with a pro forma enterprise value of approximately $7.8 billion and current average daily production of approximately... More
