On Wednesday, Shares of Ford Motor Co. (NYSE:F), gained 3.61% to $15.21.
On Wednesday, Aug. 12, Hau Thai-Tang, Ford Motor Company (NYSE:F) group vice president, global purchasing, will take part in the 2015 J.P. Morgan Automotive Conference in New York.
The presentation will start at 8:40 a.m. EDT. A question and answer session will be comprised of in the 35-minute presentation.
Ford Motor Company manufactures and distributes automobiles worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services vehicles, parts, and accessories.
Shares of Southwestern Energy Company (NYSE:SWN), declined -1.53% to $19.27, during its last trading session.
Southwestern Energy Company declared that its Board of Directors declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on October 15, 2015, to holders of record on October 1, 2015. This equates to $0.78125 for each depositary share, which represents a 1/20th interest in a share of the Series B preferred stock. The dividend is for the dividend period starting on July 15, 2015 and ending on October 14, 2015.
Southwestern Energy Company explores, develops, and produces natural gas and oil in the United States. The company operates in two segments, Exploration, Development and Production; and Midstream Services.
Finally, Williams Companies, Inc. (NYSE:WMB), ended its last trade with 1.69% gain, and closed at $54.01.
Williams Partners L.P. stated second quarter 2015 adjusted EBITDA of $1.01 billion, a $291 million, or 41 percent, enhance from second quarter 2014.
The enhance in adjusted EBITDA for second quarter 2015 is due to enhances of $345 million from Access Midstream as a result of the merger, $119 million from the Atlantic-Gulf segment and $16 million from the Northeast G&P segment. Partially offsetting these enhances were a $135 million decrease at NGL & Petchem Services due primarily to the absence of $138 million of assumed business interruption proceeds related to the Geismar plant and a $55 million decrease in the West due to lower NGL margins.
The enhance in adjusted EBITDA in second quarter 2015 as described above by segment was driven by $537 million, or 72 percent, higher fee-based revenues and assumed minimum volume commitments contrast with second quarter 2014. Following the merger, the Access Midstream segment contributed $391 million and Atlantic-Gulf and Northeast G&P improved $104 million and $33 million, respectively. Not taking into account the Access Midstream merger, Williams Partners second-quarter 2015 fee-based revenue was up $130 million, or 17 percent. Geismar contributed about $50 million of olefins margins in second quarter 2015. Additionally, the proportional EBITDA from non-merged joint ventures raised $121 million for second quarter 2015 as compared to second quarter 2014, counting $92 million from the addition of Access Midstream’s joint ventures and $33 million in Atlantic-Gulf as Discovery’s Keathley Canyon Connector project ramped up.
The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
