Top International Companies To Buy Right Now: Energy Partners Ltd. (EPL)
EPL Oil & Gas, Inc. operates as an independent oil and natural gas exploration and production company. The companys operations primarily focuses on the U.S. Gulf of Mexico shelf on state and federal waters offshore Louisiana. As of December 31, 2012, it had estimated proved reserves of 77.4 million barrels of oil equivalent, as well as interests in 37 producing fields located in the Gulf of Mexico shelf region. The company was formerly known as Energy Partners, Ltd. and changed its name to EPL Oil & Gas, Inc. in September 2012. EPL Oil & Gas, Inc. was founded in 1998 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By John Udovich]
Yesterday, small cap Energy XXI (Bermuda) Limited (NASDAQ: EXXI)announced a deal to acquireEPL Oil & Gas Inc (NYSE: EPL) to create the largest publicly held independent oil producer on the Gulf of Mexico shelf, meaning it might be a good idea to look at other small cap Gulf oil stocks like W&T Offshore, Inc (NYSE: WTI), Stone Energy Corporation (NYSE: SGY) and Contango Oil & Gas Company (NYSEMKT: MCF). Energy XXIs CEO John Schiller has talked about the details of the acquisitionwith Jim Cramer on CNBC's "Mad Money" and he noted thatEPL Oil & Gas offers areas of expertise that EXXI currently lacks. However, investors who missed out onyesterdays 29% surge for EPL Oil & Gasmay want to check out these other small cap Gulf Oil stocks:
- [By Monica Gerson]
Breaking news
Energy XXI (NASDAQ: EXXI) and EPL Oil & Gas (NYSE: EPL) today 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. To read the full news, click here. Achaogen (NASDAQ: AKAO) announced today the pricing of its initial public offering of 6,000,000 shares of its common stock at a pric! e to the public of $12.00 per share. To read the full news, click here. Geron (NASDAQ: GERN) announced today that the company has received verbal notice from the U.S. Food and Drug Administration (FDA) that its Investigational New Drug (IND) application for imetelstat has been placed on full clinical hold, affecting all ongoing company-sponsored clinical trials. To read the full news, click here. VeriFone (NYSE: PAY) jumped 9.5% in pre-market trading after the company reported its first quarter results. The firm reported a Q1 EPS of $0.31 versus the Street estimate of $0.27. To read the full news, click here.Posted-In: Credit Suisse US Stock FuturesNews Eurozone Futures Global Pre-Market Outlook Markets
- [By CRWE]
EPL Oil & Gas, Inc. (NYSE:EPL) will present at the New Frontiers in Energy Conference 2012 hosted by Westlake Securities on September 25, 2012 at 8:45 a.m. Central time in Austin, Texas. Gary C. Hanna, EPL’s President and Chief Executive Officer, will provide a financial and operational overview on the Company during the presentation.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-international-companies-to-buy-right-now.html
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