Eclipse Resources Dodges a Bullet – Stock Won’t Get De-Listed
Whew. Eclipse Resources dodged a bullet! In February MDN told you that Eclipse Resources, a Marcellus/Utica pure play driller headquartered in State College, PA (but drilling mostly in Ohio) had been put on notice by the New York Stock Exchange that the company's stock had fallen below $1 per share for too long and would be de-listed if they couldn't get the price up (see NYSE Threatens to De-list Eclipse Resources’ Stock – Price Too Low). Good news: they got the price up. And now the NYSE that the company is once again in compliance...
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