Michael Bodino, E&P analyst for Coker & Palmer, says, "We viewed the original offer as a starting point and thought the offer would have to increase if it was going to go through. We think Consol stepping away is a positive for (CNX Gas) stock and should allow the company to benefit from its Appalachian acreage position like its peers have seen during 2008." He has upgrading his outlook for CNX Gas shares from Neutral to Buy and has a 12-month price target of $43.–Nissa Darbonne, Executive Editor, Oil and Gas Investor, A&D Watch, Oil and Gas Investor This Week, email@example.com
2023-08-30 - ChampionX Corp. announced today its board declared a regular quarterly dividend of $0.085 per share on the company’s common stock.
2023-09-07 - Hess announced Sept. 6 a regular quarterly dividend of $0.4375 per share.
2023-08-17 - NOV Inc.’s board has declared a regular quarterly cash dividend of $0.05 per share.
2023-08-12 - Enerplus Corp. has announced its Sept. 15 dividend will be increased by 9% to US$0.06 per share.
2023-08-20 - Murphy USA Inc.’s board of directors declared a quarterly cash dividend on the company’s common stock of $0.39 per share.