EQT buys Rice Energy to create shale gas drilling giant

Oxford Asset Management's holdings in Rice Energy were worth $824,000 as of its most recent filing with the SEC. Covey Capital Advsrs Ltd Limited Liability Company invested in 479,361 shares or 5.89% of the stock. Russell Investments Group Ltd. purchased a new position in shares of Rice Energy during the fourth quarter valued at about $586,000. It turned negative, as 41 investors sold Rice Energy Inc shares while 60 reduced holdings. New York State Teachers Retirement System now owns 10,500 shares of the oil and gas producer's stock worth $224,000 after buying an additional 100 shares in the last quarter. Highbridge Capital Management LLC increased its position in Rice Energy by 547.6% in the third quarter. SG Americas Securities LLC now owns 8,797 shares of the oil and gas producer's stock worth $230,000 after buying an additional 38,797 shares in the last quarter. Finally, Barings LLC bought a new stake in shares of Rice Energy during the fourth quarter worth about $278,000. EQT shares tumbled 6.4% ahead of the open. Rice Energy has $43 highest and $9.50 lowest target. The company had a trading volume of 3,161,741 shares.

It is now trading at $25.31 marginally under the 50 day moving average which is $20.86 and just below the 200 day moving average of $21.40. Raymond James And Associates has invested 0% in Rice Energy Inc (NYSE:RICE).

Rice Energy (NYSE:RICE) last issued its quarterly earnings results on Wednesday, May 3rd. The oil and gas producer reported $0.12 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.10.

Stephens Ar has invested 0.01% in Rice Energy Inc (NYSE:RICE).

Russia Investigation Now Includes Jared Kushner
But Rosenstein, too, may ultimately have to hand off oversight of the probe given his own role in Comey's firing. The Post report cited anonymous sources who were briefed on requests made by investigators.

Rice Energy (NYSE:RICE) +30.9% premarket after EQT Corp. RBC Capital Markets maintained the stock with "Outperform" rating in Monday, October 3 report. If you are reading this piece on another domain, it was illegally copied and reposted in violation of USA and worldwide copyright and trademark laws. Raiff Prns holds 0.03% of its portfolio in Rice Energy Inc (NYSE:RICE) for 500 shares.

A number of brokerages have recently issued reports on RICE. As per Friday, March 24, the company rating was initiated by Stifel Nicolaus. Based on Friday's closing prices, that values Rice shares at about $27.04 each, a 37% premium. On November 21 the stock rating was upgraded from "Hold" to "Buy" with a current price target of $33.00 by analysts at Deutsche Bank. As per Thursday, August 11, the company rating was maintained by Citigroup. On August 30 the stock rating was upgraded to "Buy" from "Buy" in a report from Seaport Global.

In energy stocks news, Rice Energy ( RICE ) soared 28% after the company said it agreed to be bought by EQT ( EQT ) for approximately $6.7 billion, consisting of 0.37 shares of EQT common stock and $5.30 in cash for each Rice stock. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin.

Related News:

  • Turkish troops hold exercises in Qatar in show of support

    Last week, Riyadh , along with other Arab governments, severed ties with Qatar, citing its support of Iran as a reason. The foreign and economic ministers of Qatar are members of the royal family under the emir's absolute monarchy.

    Miller not happy with Thomas breaking his US Open record

    For me to go out and win when it was the first time playing the course does a lot for my confidence and my career. Open on Sunday but despite his six-under-par 66 had to settle for a tie for second place at Erin Hills.

    LS Investment Advisors LLC Acquires 970 Shares of Phillips 66 (PSX)

    It dived, as 59 investors sold PSX shares while 382 reduced holdings. 93 funds opened positions while 316 raised stakes. Capital Investment Advisors LLC boosted its stake in shares of Phillips 66 by 0.8% in the first quarter.
  • BJP Parliamentary Board to meet today; final decision on Presidential nominee likely

    BJP president Amit Shah held a close-door meeting with Shiv Sena chief Uddhav Thackeray at the latter's residence on Sunday. The Sena, using its party mouthpiece Saamana , has been regularly attacking the Fadnavis government.

    Qatar reminds its neighbours of 9/11 as Gulf crisis enters third week

    The Turkish chief diplomat held talks with Qatar's emir and foreign minister on Wednesday and plans to visit Saudi Arabia. They later issued a list of 59 people and 12 groups with links to Qatar, alleging that they have ties to "terrorism".
    (VRX) Shares Trading up at $12.66 John Paulson Joins Valeant Board Of…

    (VRX) Shares Trading up at $12.66 John Paulson Joins Valeant Board Of…

    The firm acquired 145,422 shares of the specialty pharmaceutical company's stock, valued at approximately $1,604,000. Oklahoma-based George Kaiser Family Foundation has invested 0.13% in Valeant Pharmaceuticals Intl Inc (NYSE:VRX).
  • Pakistan 'pressure' got to India, says Kohli

    But his run out following a misunderstanding with Ravindra Jadeja just typified the day India had at the Oval. It was a match where everything went awry for the "Men in Blue" from the time Kohli went out for the toss.
    In spite of tweet, lawyer says Donald Trump not under investigation

    In spite of tweet, lawyer says Donald Trump not under investigation

    Rosenstein could eventually be questioned by Mueller about his memo on Comey and what motivated Trump to ask him to write it. The future of Deputy Attorney General Rod Rosenstein seemed in doubt Friday when Trump appeared to attack him in the tweet.
    Lawyer: Trump Tweet Was A Reaction, Not Admission To Being Investigated

    Lawyer: Trump Tweet Was A Reaction, Not Admission To Being Investigated

    He cited former House Speaker Newt Gingrich, who told the same ABC show that he has a problem with what the special counsel is doing.
  • Castile protesters target city where officer worked

    Prosecutor John Choi, who made the decision to charge Yanez, said although he was disappointed, the verdict "must be respected". Castile's girlfriend, Diamond Reynolds, and her 4-year-old daughter, were also in the vehicle at the time of the shooting.
    GTPL Hathway to raise Rs 480 crore from IPO

    GTPL Hathway to raise Rs 480 crore from IPO

    CDSL works as a depository of e-insurance accounts and handling more than 60,000 insurance policies in the electric method. CDSL paid a dividend at the rate of 25% (Rs 2.5 per share) and this was up from 22% in FY2015.
    Brexit talks oficially kick off as United Kingdom  hopes for 'happy resolution'

    Brexit talks oficially kick off as United Kingdom hopes for 'happy resolution'

    This post was syndicated from Nigeria News and World Healdines - The Guardian Nigeria Newspaper - National and International News. Barnier has said he hopes to conclude the talks by October 2018, leaving six months to ratify the deal.

Most liked

Gautam Gambhir slams Kashmiri separatist for lauding Pakistan
He further said, "These separatists have always been on the side of Pakistan". Pakistan on Sunday scored 338 runs, and bowled India out for a paltry 158.

Recognizing Dad on His Day, June 18: Happy Father's Day
I am so grateful and commend all fathers who have provided guidance and built a wonderful relationship with your children. The respect he shows his son is why Archie isn't screwed up teenager who feels comfortable lying to his dad.

Beyonce's Father Confirms She Gave Birth To Twins
Beyoncé and husband Jay Z have welcomed twins , a source confirms to PEOPLE . Beyoncé and Jay Z have welcomed their twins, according to multiple reports .

Bayern chief executive Rummenigge rubbishes Ronaldo rumours
The rumor that Ronaldo could move to Bayern, there is no reason. Sorry to crush the hope of all those Manchester United fans. Yeah, we don't see that happening either.

Sainsbury's Said To Be Close To Bidding For Nisa Convenience Group
It followed Tesco's proposed £3.7bn acquisition of Booker Group, the food distributor, among other recent moves in the sector. Meanwhile, the proposed Tesco-Booker merger is now under investigation by the Competition and Markets Authority.

America's Cup: Outteridge, Jensen turn tables on Lake Macquarie mate
Everyone on board was fine — along with three crew in the water — except for a few cuts and bruises. BAR were awarded the race win as a result of the incident, which now sees them trail 3-1.

The Best from the 2017 CMT Music Awards Red Carpet
The award was Urban's fourth win of the night, and he made sure the fans knew how grateful he is for everything they've done. By the time his name was announced for Video of the Year , he was almost speechless.

Vegas holds all the cards with NHL expansion draft list out
McPhee can also negotiate deals with teams to not pick certain players, although there will certainly be a price tag attached. They will begin playing next season and will be the 15th team in the Western Conference and eighth in the Pacific Division.

American Reverses Plan to Cut an Inch of Legroom - in Three Rows
That's compared to the standard 31 inches of pitch that American now offers on narrowbodies. American said it is also looking at switching to the 30-inch pitch on its existing 737-800.

Justin Thomas comes crashing back to earth after Saturday 63
Koepka was the first to strike, making a birdie on the first to go to 12 under and take a share of the lead. Hideki Matsuyama , of Japan, acknowledges the crowd on the 18th hole during the fourth round of the U.S.

USA shoots down Syrian fighter jet over Syria
With air strikes and special forces from the US -led coalition, they had been encircling the city since November. The U.S. has long said that it would protect what it calls moderate Syrian opposition forces.

Analysts See $1.15 EPS for Crown Castle International Corp. (REIT) (CCI)
MCKENZIE ROBERT F also sold $144,716 worth of Crown Castle International Corp. (NYSE: CCI ) are 16.61% since the start of 2016. The real estate investment trust reported $1.11 EPS for the quarter, topping the consensus estimate of $1.10 by $0.01.

Gingrich: Can't Relax With Dem Donors on Mueller's Hiring List
Gingrich said that as president, Trump was well within his authority to fire the head of the Federal Bureau of Investigation .

Macron wins majority to push through reforms
The polarizing far-right, anti-immigrant National Front, headed by Marine Le Pen , was on track to win only a handful of seats. As ballots were still being counted, Macron's party held around 42% of the vote followed by the Republicans on 22%.

Kerber pulls out of Aegon
In the second round the Ukrainian could play against Natalia Vikhlyantseva , who reached the final in 's-Hertogenbosch, while in the quarters last year's finalist Barbora Strycova .