Is MPO a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

358 people get MPO articles and Market Currents by email alert.

Get email alerts on MPO »

HEADLINES:

Midstates Petroleum Announces $700 Million Private Placement of Senior Notes Due 2021

Business Wire (Mon, 7:31AM)
Midstates' CEO Discusses Q1 2013 Results - Earnings Call Transcript
Tue, May 7
Midstates Petroleum Reports First Quarter 2013 Financial and Operating Results

Business Wire (May 6, 2013)
Midstates Petroleum Company, Inc. Schedules First Quarter 2013 Earnings Release and Conference Call

Business Wire (Apr 26, 2013)
Midstates Petroleum to Participate in the IPAA Oil and Gas Investment Symposium

Business Wire (Apr 11, 2013)
Midstates Petroleum's CEO Hosts The Acquisition of Oil-Weighted Properties Conference (Transcript)
Thu, Apr 4
Midstates Petroleum: Shareholders Fear Leverage Increase Due To Panther Energy Deal
The Value Investor • Thu, Apr 4
Midstates Petroleum to Acquire Oil-Weighted Properties in the Western Anadarko Basin in Oklahoma and Texas

Business Wire (Apr 4, 2013)
Midstates Petroleum Announces Favorable Louisiana Supreme Court Ruling Regarding Pine Prairie/Clovelly Litigation

Business Wire (Mar 20, 2013)
Midstates Petroleum to Participate in the Howard Weil 41st Annual Energy Conference

Business Wire (Mar 15, 2013)
Midstates Petroleum's CEO Discusses Q4 2012 Results - Earnings Call Transcript
Wed, Mar 6
Midstates Petroleum Reports Fourth Quarter and Full Year 2012 Financial and Operating Results

Business Wire (Mar 5, 2013)
Midstates Petroleum Company, Inc. Schedules Fourth Quarter 2012 Earnings Release and Conference Call

Business Wire (Feb 25, 2013)
Midstates Petroleum Announces Year-End 2012 Proved Reserves Increased 188% to 75.5 Million Boe

Business Wire (Feb 4, 2013)
Midstates Petroleum Provides Operational Update and First Quarter 2013 Production Guidance

Business Wire (Jan 24, 2013)
The Worst Performing IPOs Of 2012
Contextuall • Thu, Dec 6, 2012 • 20 Comments
Midstates Petroleum Company, Inc. to Participate in Several Upcoming Investor Conferences and Posts New Investor Presentation Handout to Web

Business Wire (Nov 28, 2012)
5 Natural Gas Stocks With Recent Insider Buying
Markus Aarnio • Mon, Nov 26, 2012 • 14 Comments
Midstates Petroleum Company's CEO Discusses Q3 2012 Results - Earnings Call Transcript
Thu, Nov 8, 2012
Midstates Petroleum Reports Third Quarter 2012 Financial and Operating Results

Business Wire (Nov 7, 2012)

To learn more about Seeking Alpha Pro, click here.

Midstates Petroleum: Shareholders Fear Leverage Increase Due To Panther Energy Deal
The Value Investor • Thu, Apr 4
Midstates Petroleum IPO Pricing: Too Cheap To Pass Up
Steve Zachritz • Fri, Apr 20, 2012 • 41 Comments
IPO Preview: Midstates Petroleum
IPOdesktop • Thu, Apr 19, 2012 • 9 Comments

The Worst Performing IPOs Of 2012
Contextuall • Thu, Dec 6, 2012 • 20 Comments
5 Natural Gas Stocks With Recent Insider Buying
Markus Aarnio • Mon, Nov 26, 2012 • 14 Comments
Devon Energy: Well Positioned Overall
Mel Daris • Wed, Oct 3, 2012 • 2 Comments
6 High Profit Basic Materials Stocks Set For Growth
ZetaKap • Sat, Sep 15, 2012
Insiders Bought These Shares On August 29
StockPandit • Thu, Aug 30, 2012
Insiders Bought These Shares On August 22
StockPandit • Thu, Aug 23, 2012 • 3 Comments
SandRidge Energy: Buy Before The Next Rally
Cris Frangold • Mon, Aug 20, 2012 • 10 Comments
Notable Insider Buys Filed On August 16
StockPandit • Fri, Aug 17, 2012
Equal Energy: Operations & Strategic Review On Track
Nawar Alsaadi • Wed, Aug 15, 2012 • 13 Comments
5 Profitable Oil & Gas Stocks Projected For Growth
ZetaKap • Sat, Aug 11, 2012 • 3 Comments
Cramer's Lightning Round - I Have Confidence In AIG (5/30/12)
SA Editor Miriam Metzinger • Thu, May 31, 2012 • 6 Comments
Bonanza Creek: A Bonanza For Investors
Atticvs Research • Thu, May 17, 2012 • 4 Comments
5 Oil Shale Stocks: Aware Of Challenges, Open To Opportunities
Atticvs Research • Mon, Apr 30, 2012 • 6 Comments
A Review Of Last Week's IPOs - Part IV
The Value Investor • Sun, Apr 22, 2012 • 8 Comments
Splunk's Successful IPO Paves Way For Two Strong Pricings
Renaissance Capital IPO Research • Sat, Apr 21, 2012
The IPO Buzz: Friday's IPO Quintet
IPOScoop • Mon, Apr 16, 2012
8 U.S. IPOs Planned For This Week
Renaissance Capital IPO Research • Mon, Apr 16, 2012
9 IPOs Scheduled For The Week Of April 16th
IPOdesktop • Mon, Apr 16, 2012 • 1 Comment

Midstates Petroleum Announces $700 Million Private Placement of Senior Notes Due 2021

Business Wire (Mon, 7:31AM)
Midstates Petroleum Reports First Quarter 2013 Financial and Operating Results

Business Wire (May 6, 2013)
Midstates Petroleum Company, Inc. Schedules First Quarter 2013 Earnings Release and Conference Call

Business Wire (Apr 26, 2013)
Midstates Petroleum to Participate in the IPAA Oil and Gas Investment Symposium

Business Wire (Apr 11, 2013)
Midstates Petroleum to Acquire Oil-Weighted Properties in the Western Anadarko Basin in Oklahoma and Texas

Business Wire (Apr 4, 2013)
Midstates Petroleum Announces Favorable Louisiana Supreme Court Ruling Regarding Pine Prairie/Clovelly Litigation

Business Wire (Mar 20, 2013)
Midstates Petroleum to Participate in the Howard Weil 41st Annual Energy Conference

Business Wire (Mar 15, 2013)
Midstates Petroleum Reports Fourth Quarter and Full Year 2012 Financial and Operating Results

Business Wire (Mar 5, 2013)
Midstates Petroleum Company, Inc. Schedules Fourth Quarter 2012 Earnings Release and Conference Call

Business Wire (Feb 25, 2013)
Midstates Petroleum Announces Year-End 2012 Proved Reserves Increased 188% to 75.5 Million Boe

Business Wire (Feb 4, 2013)
Midstates Petroleum Provides Operational Update and First Quarter 2013 Production Guidance

Business Wire (Jan 24, 2013)
Midstates Petroleum Company, Inc. to Participate in Several Upcoming Investor Conferences and Posts New Investor Presentation Handout to Web

Business Wire (Nov 28, 2012)
Midstates Petroleum Reports Third Quarter 2012 Financial and Operating Results

Business Wire (Nov 7, 2012)
Midstates Petroleum Company, Inc. Schedules Third Quarter 2012 Earnings Release and Conference Call

Business Wire (Oct 23, 2012)
Midstates Petroleum Announces Successful North Cowards Gully Horizontal Completion

Business Wire (Oct 2, 2012)
Midstates Petroleum Announces Closing of Eagle Energy Properties and $600 Million Private Placement of 10.75% Senior Notes Due 2020

Business Wire (Oct 1, 2012)
Midstates Petroleum Announces Pricing of Upsized $600 Million Private Placement of 10.75% Senior Notes Due 2020

Business Wire (Sep 13, 2012)
Midstates Petroleum Announces $550 Million Private Placement of Senior Notes Due 2020

Business Wire (Sep 5, 2012)
Midstates Petroleum Company, Inc. Posts New Investor Presentation Handout to Web

Business Wire (Aug 17, 2012)
Midstates Petroleum to Acquire Mississippian Lime Properties in Oklahoma and Kansas

Business Wire (Aug 13, 2012)

MPO vs. ETF Alternatives

Company Description

Midstates Petroleum Company, Inc. is an independent exploration and production company focused on the application of modern drilling and completion techniques to oil-prone resources in previously discovered yet underdeveloped hydrocarbon trends. Founded in 1993, the Company’s operations are... More

Sector: Basic Materials

Industry: Independent Oil & Gas

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Tuesday, May 7, 9:11 AM More on Midstates Petroleum's (MPO) Q1 results: Q1 loss narrowed as sales growth outpaced an increase in expenses. Oil, gas and NGL revenue rose 66% Y/Y to $90.7M. Adjusted EBITDA totaled $56.5M vs. $30.5M in Q1 2012 and $48.6M in Q4. Production averaged 16,208 boe/day vs. 15,592 boe/day in Q4. Shares +6.3% premarket. Comment! [Energy, Earnings, On the Move]
Monday, May 6, 5:33 PM Midstates Petroleum (MPO): Q1 EPS of -$0.18 misses by $0.17. Revenue of $71M misses by $19.2M. Shares +2.1% AH. (PR) Comment! [Earnings, Breaking News, On the Move]
Thursday, April 4, 7:37 AM Midstates Petroleum (MPO) agrees to buy oil and gas acreage in the Anadarko Basin in Texas and Oklahoma from Panther Energy and its partners Red Willow Mid-Continent and LINN Energy (LINE) for $620M. MPO says the deal is immediately accretive in 2013 to cash flow per share, earnings, EBITDA, proved reserves and production per share. Comment! [Energy, M&A]
Wednesday, March 20, 12:54 PM Midstates Petroleum (MPO +2.7%) says it received a favorable ruling from the Louisiana Supreme Court in litigation over working interests in the Pine Prairie field. Following MPO's acquisition of Mississippi Lime assets last year, "the exposure to potential reserve losses was smaller than a year ago, but still a positive outcome that could put [the litigation] story to bed," Wells Fargo says. Comment! [Energy, On the Move]
Monday, February 25, 6:36 PM The verdict on Chesapeake's (CHK -6.8%) sale of Mississippi Lime assets is a nearly unanimous thumbs-down. The shale formation is less developed than the better-known Bakken and Eagle Ford, but Morningstar's Mark Hanson says the sale involves some of CHK's most promising acreage in the area. The deal may not bode well for others with sizable Mississippian stakes: SD -6.5%, MPO -6%. 9 Comments [Energy]
Monday, August 13, 2012, 2:49 PM Midstates Petroleum's (MPO -0.1%) $650M deal for Mississippian Lime properties, which costs more than its current $500M market cap and more than doubles its size on an oil-equivalent basis, is achievable thanks to historically cheap corporate debt which is "allowing small-cap and mid-cap ants to carry big rubber tree plants." Comment! [Energy]
Monday, August 13, 2012, 8:22 AM Midstates Petroleum (MPO) agrees to acquire all Mississippian Lime properties in Oklahoma and Kansas from privately-held Eagle Energy Production for $650M in cash and stock. Production from the properties was 7,904 boe/day in Q2 and 8,275 boe/day in Q1. Also, MPO reports a Q2 loss of $1.85/share on revenues of $102M (up 58% Y/Y). Comment! [Energy, M&A]
Wednesday, June 13, 2012, 10:17 AM Midstates Petroleum (MPO -17%) shares sink after disclosing an update on pending litigation with Clovelly Oil, stating that "an adverse court decision could result in a material adverse effect on our financial condition, future planned operations and/or cash flow." Also, an amended credit agreement increases the size of MPO's revolving credit facility from $300M to $500M. 3 Comments [Energy, On the Move]
Tuesday, May 15, 2012, 2:38 PM Goldman's Brian Singer issues upbeat comments on energy exploration stocks, expecting a pickup of well results from oil drilling in new plays or new areas in existing play in the next six months. Singer reiterates a Conviction Buy for PXD and a Buy on DVN; MPO is started at Neutral, and CXO looks more attractive after a pullback. Comment! [Energy, Quick Ideas]

Michael Bryant
Midstates Petroleum (MPO) may have hit support. http://yhoo.it/RFR5Mn;c=
9/11/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hillbilly Stock Star
MPO......interesting deal, watching.
8/21/12
Reply (1)

• !Report Abuse
View all 1 replies
Hillbilly Stock Star: OAS.....secondary?
8/21/12
• !Report Abuse
Add a reply...

140 characters

ZetaKap
5 Profitable Oil & Gas Stocks Projected For Growth http://bit.ly/OQV750 $CRZO $LPI $MPO $QRE $WRES @ZetaKap
8/11/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

g8trgr8t
MPO +8% today, BCEI +7%
5/11/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

Hillbilly Stock Star
MPO......interesting deal, watching.
8/21/12
Reply (1)

• !Report Abuse
View all 1 replies
Hillbilly Stock Star: OAS.....secondary?
8/21/12
• !Report Abuse
Add a reply...

140 characters

MPO Midstates Petroleum

MPO

Midstates Petroleum