After-Hours Update: EPD, CTIC, ETRM
Tuesday, June 29, 2021 6:44 PM

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Enterprise Products Partners L.P. (NYSE: EPD) late Tuesday announced several new construction projects that will further extend and expand its natural gas and natural gas liquids infrastructure in South Texas and Mont Belvieu, Texas to accommodate growing production volumes from the Eagle Ford Shale play. As part of the initiative, Enterprise plans to install 350 miles of pipelines, build a new natural gas processing facility, and add a new NGL fractionator at the Mont Belvieu complex near the Houston Ship Channel. Shares of the company rose 0.43% to $35.40 in extended trading.

After the closing bell on Tuesday, Cell Therapeutics, Inc. (NASDAQ: CTIC) announced that the company has adjourned today's Special Meeting of Shareholders and is no longer soliciting proxies with regard to that meeting. The special meeting of shareholders will not be rescheduled. The company plans to hold an annual meeting of shareholders later this year. Shares of the cancer treatment firm fell 1.75% in after-hours trading.

EnteroMedics Inc. (NASDAQ: ETRM) late Tuesday announced that its Board of Directors has approved a 1-for-6 reverse split of its common stock, to be effective upon the close of trading on July 9, 2010. The reverse split is part of the company's plan to regain compliance with the $1.00 minimum bid price required for continued listing on the NASDAQ Capital Market. The Company's common stock will begin trading on a split adjusted basis on the NASDAQ Capital Market when the market opens on July 12, 2010. Beginning July 12, EnteroMedics' common stock will trade for 20 trading days under ticker symbol "ETRMD" to provide notice of the reverse stock split. After this period, the symbol will revert to "ETRM." Shares of the developmental medical-device maker sank more than 16% in evening trade.

Disclosure: Author doesn’t own any of the stocks discussed here.



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    Closest Estimates

User SymbolConsen EPSEstimate EPSActual EPS
Jim OPNT$0.10$0.09$0.07
XXXXX MNT$0.33$0.33$0.35
XXXXX OPNT$0.10$0.05$0.07
XXXXX PETM$0.33$0.33$0.34
XXXXX JBX$0.70$0.82$0.80
XXXXX HPQ$0.69$0.70$0.70
XXXXX OPNT$0.10$0.09$0.07
XXXXX CHUX$0.31$0.35$0.36
XXXXX HPQ$0.69$0.70$0.70
XXXXX CRM$0.01$0.00$0.01

    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
Richard WXXXXX RIMM$1.34
mikeXXXXX RIMM$1.34
joe blowXXXXX DLM$0.22
klineXXXXX Q$0.09
asdasd asd DRYS$0.23