Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Stock Traders Daily
$20.00
Provider: Reuters Investment Profile
$20.00
Provider: TheStreet.com Ratings
$10.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Memorial Production Partners LP Announces Pricing Of Public Offering Of Common Units


Thursday, 6 Dec 2012 06:28pm EST 

Memorial Production Partners LP announced the pricing of its public offering of 10,500,000 common units representing limited partner interests in MEMP at a price to the public of $17.00 per unit. MEMP has granted the underwriters a 30-day option to purchase up to an additional 1,575,000 common units. The offering is expected to close on December 12, 2012. MEMP intends to use the net proceeds from the offering, including its general partner's proportionate capital contribution and after deducting underwriting discounts but before offering expenses, of approximately $171.5 million (or approximately $197.3 million if the underwriters exercise their option to purchase additional units in full) to fund a portion of the purchase price for MEMP's recently announced pending acquisition of oil and natural gas properties. 

Company Quote

22.67
 +0.00%
1:06pm EDT