Last $6.25 USD
Change Today -0.11 / -1.73%
Volume 180.3K
MPO On Other Exchanges
Symbol
Exchange
New York
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As of 2:30 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

midstates petroleum co inc (MPO) Snapshot

Open
$6.35
Previous Close
$6.36
Day High
$6.37
Day Low
$6.18
52 Week High
06/23/14 - $7.50
52 Week Low
02/5/14 - $4.13
Market Cap
439.2M
Average Volume 10 Days
549.4K
EPS TTM
$-0.95
Shares Outstanding
70.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MIDSTATES PETROLEUM CO INC (MPO)

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midstates petroleum co inc (MPO) Details

Midstates Petroleum Company, Inc. is engaged in the exploration, development, and production of oil, natural gas liquids, and natural gas in the United States. It primarily focused on oilfields in the Mississippian Lime trend in northwestern Oklahoma; the Anadarko Basin in Texas and Oklahoma; and the Upper Gulf Coast Tertiary trend in central Louisiana. The company was founded in 1993 and is headquartered in Houston, Texas.

209 Employees
Last Reported Date: 05/9/14
Founded in 1993

midstates petroleum co inc (MPO) Top Compensated Officers

Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $220.7K
Senior Vice President of Strategic Planning a...
Total Annual Compensation: $268.3K
Compensation as of Fiscal Year 2013.

midstates petroleum co inc (MPO) Key Developments

PetroQuest Energy, Inc. and Midstates Petroleum Company, Inc. Announces Joint Venture

PetroQuest Energy, Inc. announced that it has entered into an oil focused joint venture in Louisiana with Midstates Petroleum Company, Inc. Under the terms of the JV, the company has acquired a 50% interest in Midstates' Fleetwood project for an aggregate purchase price of $24 million. The purchase price is comprised of $10 million in cash ($3 million paid at closing and $7 million due in January 2015) and $14 million in future drilling, completion and lease acquisition costs. The company plans to drill two wells within the project area during 2014. The assets acquired under the JV include an average 37% working interest in an approximately 30,000 acre leasehold position in Louisiana. In addition, the Company obtained exclusive rights, along with Midstates, to a 200 square mile proprietary 3D survey which has generated several conventional and shallow non-conventional oil focused prospects. The company will serve as operator of all but one of the drilling projects, and will work closely with Midstates to develop these Lower Oligocene and Eocene oil reservoirs. The company expects to spud its first prospect "Widgeon" in August of 2014 with a 25% working interest. The company plans to utilize horizontal drilling to develop the oil-focused Cockfield formation that has been successfully tested through 13 nearby vertical wells. The company expects these 13 vertical wells will ultimately produce on average approximately 80,000 barrels of oil per well.

Midstates Petroleum Company, Inc. Presents at 2014 TPH 10th Annual Summer Energy Conference, Jun-19-2014

Midstates Petroleum Company, Inc. Presents at 2014 TPH 10th Annual Summer Energy Conference, Jun-19-2014 . Venue: The Houstonian Hotel, 111 North Post Oak Lane, Houston, Texas, United States.

Midstates Petroleum Company, Inc. Presents at Morgan Stanley Leveraged Finance Conference, Jun-12-2014

Midstates Petroleum Company, Inc. Presents at Morgan Stanley Leveraged Finance Conference, Jun-12-2014 . Venue: Roosevelt Hotel, New Orleans, Louisiana, United States. Speakers: Nelson M. Haight, Chief Financial Officer, Chief Accounting Officer and Senior Vice President.

 

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MPO

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Valuation MPO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 1.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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