Atlas Resource Partners, L.P.
Billionaire Leon Cooperman of Omega Advisors has upped his stake over 88% in a monster dividend paying oil and gas company. Per a recent SEC filing, Cooperman now owns 2.87 million shares, or 7.2% of the outstanding shares, of Atlas Resource Partners (NYSE: ARP), which pays a dividend that yields 8.5%. At the end of the third quarter, Cooperman owned only 1.52 million shares.
Keeping it more »
Compared to their larger peers, small-cap stocks don’t get as much attention in the financial world. Understandably, then, we can expect hedge funds and other top-tier investment vehicles to take advantage of this information inefficiency; we’ve determined that the most popular small-cap stocks among hedge funds can earn about 120 basis points of alpha per month.
At Insider Monkey, we started publishing a quarterly newsletter at the end more »
The Marcellus Shale saw lower activity during the second quarter of 2012 as operators shifted capital out of many dry gas areas of the play. This downtrend in drilling activity may continue for the rest of 2012 unless natural gas prices move higher.
The Marcellus Shale is present in parts of the Appalachian Basin, with most development concentrated in Pennsylvania and West Virginia. The oil and gas industry flocked more »