MIDSTATES PETE CO INC COM USD0.01
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Is GE's Acquisition Right Acquiring Lufkin Industries?
By Ron Chatterjee - April 13, 2013 | Tickers: CHK, CMCSA, GE, HES, MHR, MPO, PVA, WFT
This is what General Electric (NYSE: GE) Oil & Gas' President and CEO, Daniel C. Heintzelman, has to say about the recent acquisition of Lufkin Industries Inc., a leading manufacturer and provider of artificial lift technologies and industrial gears for the oil and gas industry, for approximately $3.3 billion.
"Advanced technologies, combined with new drilling practices, are revolutionizing the oil and gas industry," said Daniel C. Heintzelman, president and CEO more »
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Worst Performing IPOs of the Year - Take Two
By Shas Dey - December 17, 2012 | Tickers: CERE, ENPH, MPO
A few days back, in another publication, I reviewed some of the worst performing IPOs of the year. The list contained three major duds: Envivio, Zynga and CafePress. The common string through these IPOs was that they all belonged to the heated up Internet/web segment. Thus, these stocks were not only hyped up but were also fully priced, which limited their upside potential, post-listing. However, the malady of IPO more »
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Pure Play Permian Basin Player Hits the Market
By Eric Fox - October 20, 2012 | Tickers: CXO, FANG, GPOR, LPI, MPO
Diamondback Energy (NASDAQ: FANG) is the latest exploration and production company to access the capital markets, raising several hundred million dollars through an initial public offering (IPO) of common stock. The company is a pure play on the Permian Basin and is targeting the development of various oil and liquids formations in this rejuvenated area.
Initial Public Offering
Diamondback Energy sold 12.5 million common shares at $17.50 per more »
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3 Stocks Insiders Bought Recently
By Meena Krishnamsetty - September 4, 2012 | Tickers: MPO, MCP, PLCM
At Insider Monkey we track both activity by investors and other large investors as well as insider purchases and sales. Because a company insider’s future earnings are often tied to the business they work for, investing a larger portion of their wealth in the same business reduces their diversification. Therefore, it is not rational for an insider to buy additional shares of a company’s stock unless they are more »
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2 Overlooked Oil IPOs
By Mary Posey - June 13, 2012 | Tickers: MPO, ROYT
There have been several great IPOs already in 2012. Although, some of the more recent ones have had to live under Facebook’s shadow. As a result, they have gotten lost in the headlines, research, and analysis. Which is a shame, because there are some great ones out there. However, for the investor willing to see past Facebook, the situation has created some potetnial buying opportunities. IPOs such as Pacific more »